ABNB Insider Sale: CTO Disposes 600 Shares via Preplanned 10b5-1 Trade

Rhea-AI Filing Summary

Airbnb Chief Technology Officer Aristotle N. Balogh reported a sale of 600 shares of Class A common stock on 08/07/2025 at $120.50 per share. The filing states the sale was executed pursuant to a Rule 10b5-1 trading plan adopted on February 27, 2025. Following the reported transaction the reporting person beneficially owned 208,577.141 shares directly. The Form 4 lists no derivative transactions and indicates the sale was reported by a single reporting person. The disclosure shows an officer-level sale carried out under a pre-established plan while retaining a substantial direct holding.

Positive

• Sale executed under a Rule 10b5-1 plan, indicating the transaction was preplanned and follows an affirmative defense framework
• Reporting person retains a substantial direct holding after the sale: 208,577.141 shares
• No derivative transactions reported, simplifying the ownership picture

Negative

• None.

Insights

Securities Analyst

TL;DR: A small, preplanned sale by Airbnb's CTO: 600 shares sold under a 10b5-1 plan, leaving a large direct holding.

The reported transaction is a straightforward, prearranged disposition of 600 Class A shares at $120.50 each executed under a Rule 10b5-1 plan adopted on February 27, 2025. Given the post-sale direct ownership of 208,577.141 shares, the sale represents a very small portion of the insider's stake. For investors, this filing documents compliance with an affirmative defense trading plan and does not by itself indicate material change to insider ownership or control.

Corporate Governance Expert

TL;DR: Good governance signal: officer sale executed under a documented 10b5-1 plan while retaining significant shares.

The Form 4 shows the Chief Technology Officer disclosed a sale under a documented Rule 10b5-1 plan, which supports procedural compliance and reduces concerns about opportunistic trading. The report shows no amendments, no derivative activity, and a clear statement of beneficial ownership after the sale (208,577.141 shares direct). This is a routine insider disclosure reflecting an executed, pre-authorized plan rather than an ad hoc decision.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

BALOGH ARISTOTLE N

(Last) (First) (Middle)

888 BRANNAN STREET

(Street)

SAN FRANCISCO CA 94103

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Airbnb, Inc. [ ABNB ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Technology Officer

3. Date of Earliest Transaction (Month/Day/Year)
08/07/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	08/07/2025		S(1)		600	D	$120.5	208,577.141	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted on February 27, 2025.

	/s/ Brian Savage, Attorney-in-fact	08/11/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Airbnb (ABNB) insider Aristotle Balogh sell?

The filing reports a sale of 600 Class A shares of Airbnb common stock.

At what price were the ABNB shares sold?

The shares were sold at an indicated price of $120.50 per share.

When was the sale executed and under what plan?

The transaction date is listed as 08/07/2025, and the sale was effected pursuant to a Rule 10b5-1 trading plan adopted on February 27, 2025.

How many ABNB shares does the reporting person own after the sale?

Following the reported transaction the reporting person beneficially owned 208,577.141 shares directly.

What is the reporting person’s role at Airbnb?

The Form 4 identifies the reporting person as an officer, specifically the Chief Technology Officer.