Gebbia Joseph 4
Research Summary
AI-generated summary
Airbnb (ABNB) 10% Owner Joseph Gebbia Sells Shares
What Happened Joseph Gebbia, listed as a 10% owner of Airbnb, sold a total of 236,601 shares in two open-market transactions on July 15–16, 2026. He disposed of 187,024 shares on 2026-07-15 at a weighted average price of $150.15 ($28,082,084) and 49,577 shares on 2026-07-16 at a weighted average price of $150.23 ($7,447,769), for combined proceeds of approximately $35.53 million. These were sales (not purchases).
Key Details
- Transaction dates and sizes:
- 2026-07-15: 187,024 shares sold @ weighted avg $150.15 (proceeds $28,082,084)
- 2026-07-16: 49,577 shares sold @ weighted avg $150.23 (proceeds $7,447,769)
- Total shares sold: 236,601; total proceeds: ~$35.53M.
- Footnotes:
- F1: Sales were made pursuant to a Rule 10b5-1 trading plan adopted Feb 27, 2026.
- F2/F3: Reported prices are weighted averages; actual trade prices ranged $150.00–$150.7489 (Jul 15) and $150.00–$150.87 (Jul 16). The filer will provide per-price breakdown on request.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Filing timeliness: Form filed 2026-07-17; no late-filing indication in the provided record.
Context
- These were open-market sales made under a pre-established 10b5-1 plan, which is a routine mechanism insiders use to sell stock according to a set schedule and not an ad hoc trade. As a 10% owner (not an operating executive disclosure here), this reflects institutional insider selling rather than an operational decision.