Summary by Futu AI
Airbnb CEO and Chairman Brian Chesky executed a series of stock sales on December 23, 2024, disposing of a total of 38,461 shares of Class A Common Stock. The transactions were conducted through four separate sales, with prices ranging from $132.69 to $135.09 per share.The total market value of the disposed shares amounted to approximately $5.14 million. Following these transactions, Chesky's direct ownership in Airbnb decreased to 12,537,369 shares. Additionally, he indirectly owns 131,154 shares through trusts, including 16,800 shares in a 2019 Trust and 114,354 shares in a 2016 Legacy Trust B.These sales represent a small portion of Chesky's overall holdings in the company, as he retains a significant stake in Airbnb both directly and indirectly. The transactions were reported as completed open market sales, indicating a routine stock disposition by the company's top executive.