Core Insights - Director Joe Gebbia sold 236,000 shares of Airbnb for approximately $28.1 million on October 13, 2025, as reported in SEC Form 4 [1][2] Transaction Summary - The shares sold amounted to 236,000, with a transaction value of around $28.1 million based on a weighted average purchase price of $119.22 per share [2][5] - Post-transaction, Gebbia retains 704,015 shares indirectly and 2,860 shares directly [2][6] Historical Context - The recent sale of 236,000 shares aligns with Gebbia's historical median for sell-only events, indicating consistency with past trading behavior [4] - The share price at the time of sale reflected a year-to-date decline of 9.6% [5] Company Overview - Airbnb reported a trailing twelve months (TTM) revenue of $11.58 billion and a net income of $2.63 billion, with 7,300 employees [7] - The company's stock experienced a 1-year price change of -7.43% as of October 17, 2025 [7] Company Snapshot - Airbnb operates an online platform that connects hosts with guests for booking private rooms, entire homes, and curated experiences globally [8][9] - The company utilizes a marketplace model to efficiently match supply and demand in the alternative accommodations sector [9] Insider Trading Context - Gebbia's recent share sales were executed under a Rule 10b5-1 trading plan established on February 26, 2025, suggesting a premeditated decision rather than a reaction to market conditions [10][11] - Despite the sales, Gebbia still holds over 700,000 shares valued at nearly $90 million based on the closing price on October 17 [11]