Airbnb Director Joseph Gebbia Sells 44,000+ Shares via 10b5-1 Plan

Airbnb, Inc. director and 10% owner Joseph Gebbia filed a Form 4 disclosing significant stock transactions. On May 18, 2026, Gebbia sold 44,000 shares of Class A Common Stock through multiple transactions at weighted average prices ranging from $132.91 to $137.06 per share, totaling approximately $5.9 million. These sales were executed pursuant to a Rule 10b5-1 trading plan adopted on August 29, 2025. The following day, on May 19, 2026, Gebbia converted 3.45 million shares of Class B Common Stock into Class A Common Stock, resulting in ownership of 3.45 million Class A shares. Gebbia maintains significant indirect holdings through various LLCs and trusts, including Sycamore Trust, Ulderico LLC, and multiple Guernica entities. The filing indicates ongoing management of his substantial equity position in Airbnb.