Airbnb (NASDAQ: ABNB) director sells shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Airbnb, Inc. director Kenneth I. Chenault exercised stock options and sold shares in a planned transaction. On Class A Common Stock, he exercised 8,346 shares at $59.91 per share and sold 8,346 shares at $150.00 per share on June 29, 2026.
The sale was carried out under a Rule 10b5-1 trading plan adopted on August 29, 2025, indicating it was pre-scheduled. After these transactions, he directly holds 40,879 shares of Airbnb Class A Common Stock, retaining a sizable remaining position. The exercised stock option is fully vested and exercisable, and it expires on November 27, 2028.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 8,346 shares ($1,251,900)
Net Sell
3 txns
Insider
CHENAULT KENNETH I
Role
null
Sold
8,346 shs ($1.25M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option | 8,346 | $0.00 | -- |
| Exercise | Class A Common Stock | 8,346 | $59.91 | $500K |
| Sale | Class A Common Stock | 8,346 | $150.00 | $1.25M |
Holdings After Transaction:
Stock Option — 8,346 shares (Direct, null);
Class A Common Stock — 49,225 shares (Direct, null)
Footnotes (1)
- The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted on August 29, 2025. The stock option is fully vested and currently exerciseable.
Key Figures
Shares sold: 8,346 shares
Sale price: $150.00 per share
Options exercised: 8,346 shares
+4 more
7 metrics
Shares sold
8,346 shares
Class A Common Stock open-market sale on June 29, 2026 at $150.00
Sale price
$150.00 per share
Price for 8,346 Class A Common Stock shares sold
Options exercised
8,346 shares
Stock option exercise into Class A Common Stock on June 29, 2026
Exercise price
$59.91 per share
Conversion or exercise price of stock option
Shares held after transactions
40,879 shares
Direct ownership of Airbnb Class A Common Stock following Form 4 transactions
Rule 10b5-1 plan adoption date
August 29, 2025
Plan governing the reported sales
Option expiration date
November 27, 2028
Expiration of fully vested stock option
Key Terms
Rule 10b5-1 trading plan, Stock Option, Class A Common Stock, open-market sale
4 terms
Rule 10b5-1 trading plan regulatory
"The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted on August 29, 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.
Stock Option financial
"The stock option is fully vested and currently exerciseable."
A stock option is a contract that gives you the right to buy or sell a company's stock at a specific price within a certain time frame. People use them to potentially make money if the stock's price moves favorably or to protect against losses. It's like holding a coupon that can be used to buy or sell stock at a set price later on.
Class A Common Stock financial
"Class A Common Stock transactions on June 29, 2026, including exercise and sale."
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.
open-market sale financial
"Sale in open market or private transaction for 8,346 Class A Common Stock shares."
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
FAQ
What did Airbnb (ABNB) director Kenneth Chenault do in this Form 4 filing?
Kenneth I. Chenault exercised stock options and sold shares of Airbnb Class A Common Stock. He exercised 8,346 options at $59.91 per share and sold 8,346 shares at $150.00 per share in an open-market transaction on June 29, 2026.
What stock options did Kenneth Chenault exercise in the Airbnb (ABNB) Form 4?
He exercised stock options covering 8,346 underlying shares of Airbnb Class A Common Stock at a conversion or exercise price of $59.91 per share. The filing notes this stock option is fully vested, currently exercisable, and scheduled to expire on November 27, 2028.
What is the expiration date of Kenneth Chenault’s Airbnb (ABNB) stock option mentioned in the Form 4?
The stock option referenced in the filing is scheduled to expire on November 27, 2028. It covers 8,346 underlying shares of Airbnb Class A Common Stock and is described as fully vested and currently exercisable at an exercise price of $59.91 per share.