Bernstein David C 4
Research Summary
AI-generated summary
Airbnb (ABNB) Chief Accounting Officer David Bernstein Withholds 850 Shares
What Happened
David C. Bernstein, Chief Accounting Officer of Airbnb (ABNB), had 849.939 shares withheld to satisfy a tax liability (transaction code F). The shares were valued at $134.30 each, for a total of approximately $114,147. This was a withholding/disposition to cover taxes—not an open-market sale.
Key Details
- Transaction date: 2026-05-19
- Price per share: $134.30
- Shares withheld/disposed: 849.939
- Total value: ~$114,147
- Transaction code: F (payment of exercise price or tax liability — tax withholding)
- Shares owned after transaction: Not specified in the provided filing excerpt
- Filing date: 2026-05-21 — filed within the normal Form 4 reporting window (timely)
Context
- This appears to be a tax-withholding event tied to equity compensation (e.g., vesting or option exercise). Such withholdings are routine administrative actions and do not necessarily signal the insider's view on the company's near-term prospects.
- Because shares were withheld to cover taxes rather than sold on the open market, this is less informative about buying/selling sentiment than an open-market transaction would be.