[144] Bitwise MARA Option Income Strategy ETF SEC Filing

Rhea-AI Filing Summary

Airbnb, Inc. (ABNB) Form 4 key points

• CTO Aristotle N. Balogh sold 600 Class A shares on 07/24/2025 at $139.39 per share under a Rule 10b5-1 trading plan adopted 02/27/2025.
• Estimated proceeds: roughly $83.6 k.
• Balogh now directly owns 209,777.141 Class A shares.
• No derivative security transactions were reported.

The disposition represents only ~0.29 % of the executive’s reported holdings and does not alter his role as Chief Technology Officer. Because the trade was pre-scheduled, it is generally considered routine liquidity rather than a directional signal about Airbnb’s fundamentals.

Insights

Securities Analyst

TL;DR: Small, pre-planned sale; neutral signal for investors.

The 600-share sale equates to under 0.3 % of Balogh’s stake, yielding about $84 k and leaving a sizable 210 k-share position. Given the Rule 10b5-1 framework, the transaction appears routine and carries limited informational value regarding near-term performance or insider sentiment. I view the filing as non-impactful to ABNB’s investment thesis.

Corporate Governance Expert

TL;DR: Governance-compliant trade; no red flags detected.

Use of a 10b5-1 plan and prompt Form 4 submission indicate strong compliance with insider-trading rules. The modest size relative to total ownership and absence of derivative activity reduce concerns about potential negative signaling. From a governance standpoint, the event is routine and unlikely to influence shareholder perspectives.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Jefferies LLC 520 Madison Ave 4th Fl New York NY 10022	4250	90100.00	59000000	07/28/2025	Nasdaq

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	08/09/2022	Stock options	Enliven Therapeutics			4250	08/09/2022	N/A

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Benjamin Hohl 6200 Lookout Rd 1st Fl Boulder CO 80301	Enliven Therapeutics	05/27/2025	3250	52593.52
Benjamin Hohl 6200 Lookout Rd 1st Fl Boulder CO 80301	Enliven Therapeutics	06/13/2025	3000	67655.40
Benjamin Hohl 6200 Lookout Rd 1st Fl Boulder CO 80301	Enliven Therapeutics	06/27/2025	3250	67955.75
Benjamin Hohl 6200 Lookout Rd 1st Fl Boulder CO 80301	Enliven Therapeutics	07/10/2025	1000	22655.00

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

How many Airbnb (ABNB) shares did CTO Aristotle Balogh sell?

He sold 600 Class A shares.

What price did the ABNB insider receive per share?

The reported sale price was $139.39 per share.

What is Balogh’s remaining ABNB share ownership after the sale?

He now directly holds 209,777.141 Class A shares.

Was the transaction part of a pre-planned trading program?

Yes. The sale was conducted under a Rule 10b5-1 plan adopted on 02/27/2025.

Does this Form 4 filing indicate any derivative security activity?

No. No derivative securities were reported in the filing.