Airbnb Director Joseph Gebbia Sells 265,000 Shares via 10b5-1 Plan

Airbnb, Inc. director and 10% owner Joseph Gebbia sold 265,000 shares of Class A Common Stock on June 1, 2026, through a pre-arranged Rule 10b5-1 trading plan. The sales were executed in six separate transactions at weighted average prices ranging from $132.52 to $137.51 per share, with total proceeds exceeding $36 million. Following these transactions, Gebbia's indirect holdings through the Sycamore Trust decreased to 3,182,355 shares, while he maintains direct ownership of 5,598 shares. The sales were conducted pursuant to a trading plan adopted on February 27, 2026, and represent a significant reduction in Gebbia's indirect holdings. The filing indicates these were planned sales rather than discretionary trades, which is common for corporate insiders to manage their holdings systematically.