Gebbia Joseph 4

What Happened
Joseph Gebbia, a reported 10% owner of Airbnb, sold a total of 58,000 ABNB shares in open-market transactions on January 26, 2026, generating aggregate proceeds of approximately $7,730,260. The sales were executed under a pre-established Rule 10b5-1 trading plan (adopted August 29, 2025). Reported transaction breakdown:

• 1,700 shares at a weighted avg price of $131.71 (price range $131.62–$131.93) — $223,915
• 14,313 shares at a weighted avg price of $132.67 (range $132.03–$132.99) — $1,898,930
• 36,164 shares at a weighted avg price of $133.46 (range $133.00–$133.9924) — $4,826,281
• 5,823 shares at a weighted avg price of $134.15 (range $134.00–$134.43) — $781,134

Key Details

• Transaction date: January 26, 2026. Form filed: January 28, 2026 (appears timely, within the usual two-business-day window).
• Total shares sold: 58,000; total proceeds: ~$7.73 million.
• Shares owned after transaction: Not specified in the provided excerpt of the filing. Check the full Form 4 for post-transaction holdings.
• Notable footnotes: F1 — sales effected pursuant to a Rule 10b5-1 plan adopted Aug 29, 2025. F2–F5 — reported prices are weighted averages; each line covers multiple trades at the indicated price ranges (the filer offers to provide per-price breakdown on request).
• Transaction code: S = Sale.

Context
Sales made under a Rule 10b5-1 plan are prearranged and executed according to a preset schedule or formula; they are common for insiders who want to monetize shares on an automated basis and do not alone indicate a change in the insider’s view of the company. As a 10% owner, Gebbia is a significant shareholder; this report documents disposition of part of that holding rather than an acquisition. For precise post-sale ownership and any additional details, consult the full Form 4 filing (Accession No. 0001193125-26-027291).