Airbnb (NASDAQ: ABNB) director Gebbia logs Rule 10b5-1 share sales

Rhea-AI Filing Summary

Airbnb, Inc. director and 10% owner Joseph Gebbia reported indirect open‑market sales of Class A common stock on February 9, 2026 through Sycamore Trust. The trust sold 25,355 shares at a weighted average price of $120.728, 31,345 shares at $121.4487, and 1,300 shares at $122.1915. These transactions were executed under a pre‑established Rule 10b5‑1 trading plan adopted on August 29, 2025. Following the reported sales, Gebbia’s indirect holdings by Sycamore Trust were reduced as reflected in the filing, and a separate line shows 2,860 shares held directly.

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

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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^*

Gebbia Joseph

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
02/09/2026

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	02/09/2026		S(1)		25,355	D	$120.728(2)	434,660	I	By Sycamore Trust
Class A Common Stock	02/09/2026		S(1)		31,345	D	$121.4487(3)	403,315	I	By Sycamore Trust
Class A Common Stock	02/09/2026		S(1)		1,300	D	$122.1915(4)	402,015	I	By Sycamore Trust
Class A Common Stock								2,860	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 August 29, 2025.

2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $120.35 to $120.99. 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.

3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $121.00 to $121.99. 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.

4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $122.00 to $122.39. 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.

	/s/ Brian Savage, Attorney-in-fact	02/11/2026
	** 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.
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FAQ

What insider transaction did Airbnb (ABNB) disclose for Joseph Gebbia?

Airbnb disclosed that Joseph Gebbia, a director and 10% owner, reported several open-market sales of Class A common stock on February 9, 2026 through Sycamore Trust under a pre-established Rule 10b5-1 trading plan adopted on August 29, 2025.

How many Airbnb (ABNB) shares did Sycamore Trust sell on February 9, 2026?

Sycamore Trust reported selling 25,355 Airbnb Class A shares at a weighted average price of $120.728, 31,345 shares at $121.4487, and 1,300 shares at $122.1915, all executed as open-market transactions disclosed in Joseph Gebbia’s Form 4 filing.

At what prices were Joseph Gebbia’s Airbnb (ABNB) shares sold?

The reported sales used weighted average prices of $120.728, $121.4487, and $122.1915. Footnotes explain these averages reflect multiple trades within ranges of $120.35–$120.99, $121.00–$121.99, and $122.00–$122.39, respectively, with detailed breakdowns available upon request.

Were Joseph Gebbia’s Airbnb (ABNB) share sales pre-planned?

Yes. The filing states the sales were effected under a Rule 10b5-1 trading plan adopted on August 29, 2025. Such plans allow insiders to schedule trades in advance, providing a structured framework for selling shares over time.

Does Joseph Gebbia hold Airbnb (ABNB) shares directly and indirectly?

Yes. The Form 4 shows indirect ownership through Sycamore Trust, which conducted the reported sales, and a separate line reflecting 2,860 shares held under direct ownership, indicating both indirect and direct holdings of Airbnb Class A common stock.

What is Sycamore Trust’s role in the Airbnb (ABNB) insider transactions?

Sycamore Trust is the indirect owner of the Airbnb shares sold, with transactions reported as "By Sycamore Trust." Joseph Gebbia’s Form 4 attributes the open-market sales on February 9, 2026 to this trust, clarifying the nature of his beneficial ownership.