Airbnb (ABNB) director Alfred Lin restructures Sequoia-held shares via conversions and in-kind distributions
Rhea-AI Filing Summary
Airbnb, Inc. director Alfred Lin reported several indirect equity restructurings involving Sequoia-managed entities. Sequoia Capital Fund, LP and Sequoia Capital Fund Parallel, LLC converted a total of 4,643,322 shares of Class B Common Stock into the same number of Class A shares on a one-for-one basis, then made pro rata in-kind distributions of Class A shares to partners and members for no consideration. Following these conversions, Sequoia Capital Fund, LP held 11,371,457 Class B shares and Sequoia Capital Fund Parallel, LLC held 1,357,197 Class B shares. Additional Class A shares were transferred to and from an estate planning vehicle, which held 620,319 Class A shares after these transactions, while Lin also held 14,167 Class A shares directly. Lin may be deemed to share voting and dispositive power over Sequoia-held shares but disclaims beneficial ownership beyond his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 99,344 shares
Net Buy
8 txns
Insider
Lin Alfred
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Common Stock F1, F3 | 4,105,236 | $0.00 | $0.00 |
| Conversion | Class B Common Stock F1, F3 | 538,086 | $0.00 | $0.00 |
| Conversion | Class A Common Stock F1, F3 | 4,105,236 | $0.00 | $0.00 |
| Other | Class A Common Stock F2, F3 | 4,105,236 | $0.00 | $0.00 |
| Conversion | Class A Common Stock F1, F3 | 538,086 | $0.00 | $0.00 |
| Other | Class A Common Stock F2, F3 | 541,488 | $0.00 | $0.00 |
| Other | Class A Common Stock F2 | 102,746 | $0.00 | $0.00 |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class B Common Stock — 11,371,457 shares (Indirect, Sequoia Capital Fund, LP);
Class B Common Stock — 1,357,197 shares (Indirect, Sequoia Capital Fund Parallel, LLC);
Class A Common Stock — 468,272 shares (Indirect, Sequoia Capital Fund, LP);
Class A Common Stock — 38,992 shares (Indirect, Sequoia Capital Fund Parallel, LLC);
Class A Common Stock — 620,319 shares (Indirect, By estate planning vehicle);
Class A Common Stock — 14,167 shares (Direct)
Footnotes (3)
- F1. The Issuer's Class B Common Stock is convertible into the Issuer's Class A Common Stock on a one-for-one basis at the election of the holder thereof and has no expiration date.
- F2. Represents a pro rata in-kind distribution of shares of Class A Common Stock of the Issuer to partners or members for no consideration and includes subsequent pro rata in-kind distributions by general partners or managing members to their respective partners or members for no consideration.
- F3. The Reporting Person is a director and stockholder of SC US (TTGP), Ltd. SC US (TTGP), Ltd is the general partner of Sequoia Capital Fund Management, L.P., which is the general partner of Sequoia Capital Fund, LP ("SCF") and the managing member of Sequoia Capital Fund Parallel, LLC ("SCFP"). As a result, the Reporting Person may be deemed to share voting and dispositive power with respect to the shares held by SCF and SCFP. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.
Key Figures
Class B converted by Sequoia Capital Fund, LP: 4,105,236 shares
Class B converted by Sequoia Capital Fund Parallel, LLC: 538,086 shares
Class B held by Sequoia Capital Fund, LP after transactions: 11,371,457 shares
+4 more
7 metrics
Class B converted by Sequoia Capital Fund, LP
4,105,236 shares
Conversion of Class B into Class A on 2026-08-11
Class B converted by Sequoia Capital Fund Parallel, LLC
538,086 shares
Conversion of Class B into Class A on 2026-08-11
Class B held by Sequoia Capital Fund, LP after transactions
11,371,457 shares
Indirect holdings following conversion on 2026-08-11
Class B held by Sequoia Capital Fund Parallel, LLC after transactions
1,357,197 shares
Indirect holdings following conversion on 2026-08-11
Class A held by estate planning vehicle after transactions
620,319 shares
Indirect Class A holdings via estate planning vehicle
Direct Class A holdings by Alfred Lin
14,167 shares
Direct Class A Common Stock position after reported transactions
Estate planning vehicle acquisition
102,746 shares
Class A Common Stock acquired via other transaction code J on 2026-08-11
Key Terms
pro rata in-kind distribution, pecuniary interest, dispositive power, estate planning vehicle, +1 more
5 terms
pro rata in-kind distribution financial
"Represents a pro rata in-kind distribution of shares of Class A Common Stock"
pecuniary interest financial
"disclaims beneficial ownership of these securities except to the extent of his pecuniary interest"
dispositive power financial
"may be deemed to share voting and dispositive power with respect to the shares"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
estate planning vehicle financial
"nature_of_ownership: By estate planning vehicle"
beneficial ownership regulatory
"shall not be deemed an admission of beneficial ownership of the reported securities"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
FAQ
What equity transactions did Airbnb (ABNB) director Alfred Lin report on August 11, 2026?
Alfred Lin reported conversions of 4,643,322 Class B shares into the same number of Class A shares and related in-kind distributions by Sequoia-managed entities, plus transfers involving an estate planning vehicle and updated direct Class A holdings.
What are Alfred Lin’s reported direct and indirect Class A holdings in Airbnb (ABNB) after these transactions?
After the reported transactions, Alfred Lin held 14,167 Class A shares directly and 620,319 Class A shares indirectly through an estate planning vehicle, in addition to indirect interests in shares held by Sequoia Capital Fund entities.
Were the Airbnb (ABNB) transactions reported by Alfred Lin executed for cash consideration?
The reported transactions include conversions at $0.00 per share and pro rata in-kind distributions for no consideration, indicating these were structural equity movements rather than market purchases or sales for cash.
AI-generated analysis. How Rhea-AI works. Not financial advice.
