Airbnb Director Kenneth Chenault Exercises Options and Sells Shares Under 10b5-1 Plan

Airbnb, Inc. director Kenneth I. Chenault executed a series of transactions on June 29, 2026, involving the exercise of stock options and subsequent sale of shares. Chenault exercised 8,346 stock options at an exercise price of $59.91 per share, acquiring the same number of Class A Common Stock shares. Immediately following the exercise, he sold all 8,346 shares at $150 per share through a pre-arranged Rule 10b5-1 trading plan adopted on August 29, 2025. The stock options were fully vested and exercisable, with an expiration date of November 27, 2028. Following these transactions, Chenault's direct holdings decreased from 49,225 to 40,879 shares of Class A Common Stock. The transactions represent a routine execution under a pre-established trading plan, allowing for orderly disposition of shares while complying with insider trading regulations.