Airbnb (ABNB) CSO Blecharczyk sells, converts and gifts company stock under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Airbnb, Inc. director and Chief Strategy Officer Nathan Blecharczyk reported several transactions in the company’s Class A and Class B Common Stock, largely through a trust. On July 6, 2026, a trust associated with him converted 17,692 shares of Class B Common Stock into an equal number of Class A shares and then sold a total of 13,615 Class A shares in open-market transactions at weighted average prices around the high-$140s per share. After these transactions, the trust held 95,292 Class A shares and 45,752,585 Class B shares, while he also held 81,631.093 Class A shares directly. On July 8, 2026, the trust made a bona fide gift of 65,230 Class A shares. All reported sales and the gift were carried out under a pre-arranged Rule 10b5-1 trading plan adopted on August 28, 2025, indicating these moves were scheduled in advance rather than timed discretionarily.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 13,615 shares ($2,020,094)
Net Sell
7 txns
Insider
Blecharczyk Nathan
Role
Chief Strategy Officer
Sold
13,615 shs ($2.02M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Class A Common Stock | 65,230 | $0.00 | -- |
| Conversion | Class B Common Stock | 17,692 | $0.00 | -- |
| Conversion | Class A Common Stock | 17,692 | $0.00 | -- |
| Sale | Class A Common Stock | 3,104 | $147.8577 | $459K |
| Sale | Class A Common Stock | 8,487 | $148.3553 | $1.26M |
| Sale | Class A Common Stock | 2,024 | $149.2354 | $302K |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 16,447 shares (Indirect, By Trust);
Class B Common Stock — 45,752,585 shares (Indirect, By Trust);
Class A Common Stock — 81,631.093 shares (Direct, null)
Footnotes (1)
- The Class B Common Stock is convertible at any time at the option of the holder into the Issuer's Class A Common Stock on a one-to-one basis. The Class B Common Stock will automatically convert into shares of the Issuer's Class A Common Stock on a one-to-one basis upon the earlier of (a) any transfer of the Class B Common Stock by the holder, whether or not for value, subject to certain exceptions, (b) the date and time, or the occurrence of an event, specified by vote or written consent of the holders of at least 80% of the outstanding shares of Class B common stock at the time of such vote or consent, voting as a separate series or (c) the 20-year anniversary of the closing of the Issuer's initial public offering. The sales and gift reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted on August 28, 2025. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $147.415 to $147.98. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $148.025 to $148.90. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $149.02 to $149.565. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Key Figures
Gifted shares: 65,230 Class A shares
Shares sold: 13,615 Class A shares
Conversion amount: 17,692 shares
+4 more
7 metrics
Gifted shares
65,230 Class A shares
Bona fide gift on July 8, 2026 by trust
Shares sold
13,615 Class A shares
Open-market sales on July 6, 2026 by trust
Conversion amount
17,692 shares
Class B converted into Class A on July 6, 2026
Indirect Class A holdings
95,292 Class A shares
Held by trust after July 6, 2026 transactions
Indirect Class B holdings
45,752,585 Class B shares
Held by trust after July 6, 2026 conversion
Direct Class A holdings
81,631.093 Class A shares
Directly held after July 6, 2026 holding entry
Sale price example
$148.3553 per share
Weighted average price for one sale tranche on July 6, 2026
Key Terms
Rule 10b5-1 trading plan, bona fide gift, Class B Common Stock, weighted average price, +1 more
5 terms
Rule 10b5-1 trading plan financial
"The sales and gift reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted on August 28, 2025."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
bona fide gift financial
"The sales and gift reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted on August 28, 2025."
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
Class B Common Stock financial
"The Class B Common Stock is convertible at any time at the option of the holder into the Issuer's Class A Common Stock on a one-to-one basis."
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
weighted average price financial
"The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $147.415 to $147.98."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
derivative security financial
"The Class B Common Stock is convertible at any time at the option of the holder into the Issuer's Class A Common Stock on a one-to-one basis."
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
FAQ
What insider transactions did Airbnb (ABNB) report for Nathan Blecharczyk?
Nathan Blecharczyk reported conversions, sales, and a gift involving Airbnb Class A and Class B shares. A trust associated with him converted 17,692 Class B shares, sold 13,615 Class A shares, and later gifted 65,230 Class A shares, all under a Rule 10b5-1 plan.
Were Nathan Blecharczyk’s Airbnb (ABNB) trades made under a Rule 10b5-1 plan?
Yes. The filing states that the sales and the reported gift were effected under a Rule 10b5-1 trading plan adopted on August 28, 2025. Such plans pre-schedule transactions, reducing the significance of short-term market-timing considerations in interpreting these insider trades.