Airbnb IncCo-founder sold $38.6M in stock, signaling insider selling despite prearranged plan.

Airbnb co-founder and director Joseph Gebbia sold 265,000 shares of the company on July 13, 2026, in a transaction valued at $38.6 million. The sale was conducted through the Sycamore Trust under a Rule 10b5-1 trading plan established in February 2026, which allows insiders to schedule stock sales in advance. Following the transaction, Gebbia retains beneficial ownership of approximately 2.3 million shares held indirectly via the trust and 2,738 shares held directly, with a combined value of $341.37 million based on the July 13 closing price of $146.33. Airbnb, which operates a global marketplace for accommodations and experiences, reported trailing twelve-month revenue of $12.6 billion and net income of $2.5 billion, and its shares have returned about 4% over the past year. Analysts project 2026 revenue of nearly $14 billion and net income of $3.6 billion, suggesting a bullish outlook despite the insider sale.
Airbnb IncCo-founder sold $38.6M in stock, signaling insider selling despite prearranged plan.