Gebbia Joseph 4

What Happened

• Joseph Gebbia, a reported 10% owner of Airbnb, sold a total of 58,000 shares in open-market transactions on March 23, 2026 (transaction code S). The four lots were:
  • 4,076 shares at a weighted-average price of $130.43 for $531,619 (prices ranged ~$130.0692–$130.97);
  • 6,962 shares at $131.66 for $916,620 (prices ranged $131.00–$131.9942);
  • 30,959 shares at $132.59 for $4,104,714 (prices ranged $132.00–$132.9988);
  • 16,003 shares at $133.27 for $2,132,709 (prices ranged $133.00–$133.9343).
• Total proceeds across the four sales: $7,685,662. These were sales (routine disposition), not purchases.

Key Details

• Transaction date: March 23, 2026; Form 4 filed March 25, 2026 (timely filed within the usual two-business-day window).
• Reported as open-market sales (S). Weighted-average prices reported for each lot; detailed per-trade price breakdowns are available on request per the filing footnotes.
• Shares owned after the transactions: not specified in the information provided in this summary (check the full Form 4 for post-transaction holdings).
• Footnotes: Sales were effected under a Rule 10b5-1 trading plan adopted August 29, 2025 (F1). Footnotes F2–F5 note that the reported prices are weighted averages and give the price ranges for each lot; the filer can provide exact per-trade quantities/prices on request.

Context

• As a 10% owner, Gebbia’s trades are reported with special ownership status; this is ownership-level activity rather than an executive stock-purchase signal. Sales under a pre-established 10b5-1 plan are typically scheduled and do not necessarily reflect the seller’s current view of the company.