share_log

Airbnb | 144: Notice of proposed sale of securities pursuant to Rule 144

SEC ·  Dec 10 05:12

Summary by Futu AI

Airbnb's CEO and Director, Brian Chesky, plans to sell 41,826 Class A shares on December 9, 2024, with an estimated market value of $5.75 million. The shares to be sold include 3,365 founder shares acquired on July 13, 2008, and 38,461 shares acquired on May 25, 2023, both as compensation from the issuer.This sale is part of a larger trading pattern. In the past three months, Chesky has sold a total of 491,095 shares, generating gross proceeds of approximately $62.43 million. Notable transactions include the sale of 250,962 shares on September 17, 2024, for $30.12 million, and 114,654 shares on November 25, 2024, for $16.06 million.The planned sale on December 9, 2024, aligns with a trading plan adopted on August 22, 2024, suggesting a structured approach to Chesky's stock transactions. This consistent selling activity may be part of a predetermined strategy for portfolio diversification or liquidity management by the company's top executive.
Airbnb's CEO and Director, Brian Chesky, plans to sell 41,826 Class A shares on December 9, 2024, with an estimated market value of $5.75 million. The shares to be sold include 3,365 founder shares acquired on July 13, 2008, and 38,461 shares acquired on May 25, 2023, both as compensation from the issuer.This sale is part of a larger trading pattern. In the past three months, Chesky has sold a total of 491,095 shares, generating gross proceeds of approximately $62.43 million. Notable transactions include the sale of 250,962 shares on September 17, 2024, for $30.12 million, and 114,654 shares on November 25, 2024, for $16.06 million.The planned sale on December 9, 2024, aligns with a trading plan adopted on August 22, 2024, suggesting a structured approach to Chesky's stock transactions. This consistent selling activity may be part of a predetermined strategy for portfolio diversification or liquidity management by the company's top executive.

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