Blecharczyk trust sells 31K Airbnb shares under plan
Airbnb, Inc. director and Chief Strategy Officer Nathan Blecharczyk reported a combination of share conversions and sales on June 26, 2026.
Rhea-AI Filing Summary
Airbnb, Inc. director and Chief Strategy Officer Nathan Blecharczyk reported a combination of share conversions and sales on June 26, 2026. A trust reported converting 96,263 shares of Class B Common Stock into Class A Common Stock on a one-to-one basis, then selling a total of 31,033 Class A shares in three open-market transactions at weighted average prices of $145.5796, $146.5943, and $147.0731. The sales were made under a Rule 10b5-1 trading plan adopted on August 28, 2025. Following these transactions, Blecharczyk holds 81,631.093 Class A shares directly, and the trust holds 77,600 Class A shares and 45,770,277 Class B shares indirectly.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Exercise and sale activity reported; no spread calculated
Exercise and Sale
6 txns
Insider
Blecharczyk Nathan
Role
Chief Strategy Officer
Sold
31,033 shs ($4.54M)
Approx. gross sale proceeds
$4.54M
Approx. exercise cost
$0.00
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Common Stock | 96,263 | $0.00 | $0.00 |
| Conversion | Class A Common Stock | 96,263 | $0.00 | $0.00 |
| Sale | Class A Common Stock | 9,202 | $145.5796 | $1.34M |
| Sale | Class A Common Stock | 13,041 | $146.5943 | $1.91M |
| Sale | Class A Common Stock | 8,790 | $147.0731 | $1.29M |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class B Common Stock — 45,770,277 contracts (Indirect, By Trust);
Class A Common Stock — 77,600 shares (Indirect, By Trust);
Class A Common Stock — 81,631.093 shares (Direct)
Footnotes (5)
- 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 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 $145.00 to $145.86. 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 $146.02 to $146.99. 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.
- F5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $147.00 to $147.20. 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
Shares sold (trade 1): 8,790 shares
Shares sold (trade 2): 13,041 shares
Shares sold (trade 3): 9,202 shares
+5 more
8 metrics
Shares sold (trade 1)
8,790 shares
Class A sale at $147.0731 on June 26, 2026
Shares sold (trade 2)
13,041 shares
Class A sale at $146.5943 on June 26, 2026
Shares sold (trade 3)
9,202 shares
Class A sale at $145.5796 on June 26, 2026
Total shares sold
31,033 shares
Net open-market sales of Class A Common Stock
Shares converted
96,263 shares
Class B converted into Class A on one-to-one basis
Direct Class A holding
81,631.093 shares
Class A Common Stock held directly after transactions
Indirect Class A holding
77,600 shares
Class A Common Stock held indirectly by trust after sales
Indirect Class B holding
45,770,277 shares
Class B Common Stock held indirectly by trust after conversion
Key Terms
Rule 10b5-1 trading plan, weighted average price, Class B Common Stock, derivative security, +1 more
5 terms
Rule 10b5-1 trading plan financial
"The 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.
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.
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.
derivative security financial
"Conversion of derivative security"
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.
Class A Common Stock financial
"The Class B Common Stock is convertible at any time ... 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.
FAQ
What did Nathan Blecharczyk report in this Airbnb (ABNB) Form 4?
Nathan Blecharczyk reported a mix of share conversions and sales involving Airbnb stock. A trust converted 96,263 Class B shares into Class A, then sold 31,033 Class A shares in three open-market transactions, while retaining sizable direct and indirect holdings.
Was the Airbnb (ABNB) insider sale made under a Rule 10b5-1 trading plan?
Yes. The filing states the sales were effected under a Rule 10b5-1 trading plan adopted on August 28, 2025. Such plans pre-schedule trades, indicating these sales were arranged in advance rather than timed in response to short-term market events.
AI-generated analysis. How Rhea-AI works. Not financial advice.
