Gebbia Joseph 4

What Happened Joseph Gebbia, reported as a 10% owner of Airbnb, sold a total of 265,000 ABNB shares in open-market transactions on June 15, 2026, generating approximately $36,704,161 in proceeds. The sales were reported in seven blocks: 1,475 shares @ $134.71 ($198,691); 1,425 @ $135.27 ($192,757); 600 @ $136.97 ($82,179); 35,211 @ $137.73 ($4,849,509); 187,190 @ $138.53 ($25,930,663); 38,199 @ $139.38 ($5,324,314); and 900 @ $140.05 ($126,048). These transactions are coded as sales (S) and were effected pursuant to a Rule 10b5-1 trading plan.

Key Details

• Transaction date: June 15, 2026; Form 4 filed June 17, 2026 (timely filing).
• Total shares sold: 265,000; total proceeds: ~$36.7 million.
• Block prices reported as weighted averages with reported ranges in footnotes:
  • F2: $134.58–$134.99 (weighted avg $134.71 for 1,475 sh)
  • F3: $135.00–$135.79 (weighted avg $135.27 for 1,425 sh)
  • F4: $136.96–$136.97 (weighted avg $136.97 for 600 sh)
  • F5: $137.10–$137.99 (weighted avg $137.73 for 35,211 sh)
  • F6: $138.00–$138.99 (weighted avg $138.53 for 187,190 sh)
  • F7: $139.00–$139.99 (weighted avg $139.38 for 38,199 sh)
  • F8: $140.00–$140.09 (weighted avg $140.05 for 900 sh)
• Footnote F1: Sales were executed under a Rule 10b5-1 trading plan adopted Feb 27, 2026.
• Shares owned after the transactions: not provided in the excerpt supplied.

Context

• These were open-market sales by a large (10%) shareholder under a pre-established 10b5-1 plan; such plans allow scheduled sales and are commonly used to avoid questions about trading on nonpublic information. This is a sale (not a purchase or option exercise) and does not by itself indicate insider knowledge or a change in company fundamentals.