Airbnb CEO Brian Chesky Sells 400,000+ Shares Under 10b5-1 Plan

Airbnb CEO and Chairman Brian Chesky filed a Form 4 disclosing significant stock sales executed on May 27-28, 2026. The transactions involved the sale of over 400,000 Class A common shares at weighted average prices ranging from $129.82 to $134.44 per share. The sales were conducted pursuant to a Rule 10b5-1 trading plan adopted on February 26, 2026, which allows insiders to pre-schedule stock transactions to avoid allegations of trading on non-public information. The sales were executed in multiple transactions across different price ranges, with Chesky selling shares both directly and indirectly through trusts. Following these transactions, Chesky still maintains substantial ownership positions, including over 11.2 million shares held directly and additional shares held indirectly through various trusts.