Airbnb director Blecharczyk sells 13,615 shares
Airbnb’s chief strategy officer and major shareholder executed pre-planned trust transactions including a Class B-to-A conversion, a share gift, and open-market sales.
Rhea-AI Filing Summary
Airbnb, Inc. (ABNB) insider Nathan Blecharczyk, a director, chief strategy officer and more than ten percent owner, reported several indirect transactions through a trust on September 14, 2026. He converted 17,692 shares of Class B common stock into the same number of Class A shares, then made a bona fide gift of 4,077 Class A shares and sold 13,615 Class A shares in market transactions at weighted average prices around $171–$173 per share, all under a Rule 10b5-1 trading plan adopted on August 28, 2025. Following these transactions, he indirectly held 44,384,164 Class B shares through a trust and directly held 74,808.445 Class A shares.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Exercise and sale activity reported; no spread calculated
Exercise and Sale
8 txns
Insider
Blecharczyk Nathan
Role
Chief Strategy Officer
Sold
13,615 shs ($2.35M)
Approx. gross sale proceeds
$2.35M
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Common Stock F1 | 17,692 | $0.00 | $0.00 |
| Conversion | Class A Common Stock F1 | 17,692 | -- | -- |
| Gift | Class A Common Stock F2 | 4,077 | $0.00 | $0.00 |
| Sale | Class A Common Stock F2, F3 | 1,270 | $170.7269 | $217K |
| Sale | Class A Common Stock F2, F4 | 1,404 | $171.7024 | $241K |
| Sale | Class A Common Stock F2, F5 | 10,350 | $172.6096 | $1.79M |
| Sale | Class A Common Stock F2, F6 | 591 | $173.1391 | $102K |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class B Common Stock — 44,384,164 contracts (Indirect, By Trust);
Class A Common Stock — 20,567 shares (Indirect, By Trust);
Class A Common Stock — 74,808.445 shares (Direct)
Footnotes (6)
- F1. 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.
- F2. The gift and sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted on August 28, 2025.
- F3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $170.55 to $170.92. 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.
- F4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $171.405 to $171.955. 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.
- F5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $172.03 to $172.99. 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.
- F6. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $173.094 to $173.185. 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
Class B shares converted: 17,692 shares
Class A shares sold: 13,615 shares
Gifted Class A shares: 4,077 shares
+5 more
8 metrics
Class B shares converted
17,692 shares
Class B common stock converted into Class A on September 14, 2026
Class A shares sold
13,615 shares
Indirect open-market or private sales on September 14, 2026
Gifted Class A shares
4,077 shares
Bona fide gift by trust on September 14, 2026
Sale price range (first block)
$170.55–$170.92 per share
Weighted average sale price range referenced for one trade block
Sale price range (highest block)
$173.094–$173.185 per share
Weighted average sale price range referenced for another trade block
Indirect Class B holdings
44,384,164 shares
Class B common stock held through a trust after the conversion
Direct Class A holdings
74,808.445 shares
Class A common stock held directly after the reported transactions
Rule 10b5-1 plan adoption date
August 28, 2025
Date the trading plan governing the gift and sales was adopted
Key Terms
Class B Common Stock, Class A Common Stock, Rule 10b5-1 trading plan, bona fide gift, +1 more
5 terms
Class B Common Stock financial
"The Class B Common Stock is convertible at any time at the option of the holder"
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.
Class A Common Stock financial
"convertible at any time at the option of the holder into the Issuer's Class A Common Stock"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
Rule 10b5-1 trading plan regulatory
"The gift and sales 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 gift and sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan"
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.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Airbnb (ABNB) executive Nathan Blecharczyk report in this Form 4?
He reported that on September 14, 2026 a trust associated with him converted 17,692 Class B shares into Class A, gifted 4,077 Class A shares, and sold 13,615 Class A shares in market transactions.
What are Nathan Blecharczyk’s reported Airbnb (ABNB) holdings after these transactions?
After the reported transactions, he indirectly held 44,384,164 shares of Class B common stock through a trust and directly held 74,808.445 shares of Class A common stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.
