Airbnb Co-Founder Sells Shares Worth Approximately $20 Million Under Rule 10b5-1 Plan

Joseph Gebbia, co-founder of Airbnb, Inc. (NASDAQ: ABNB), sold 58,000 shares of Class A common stock on both March 23 and April 6 under a pre-arranged Rule 10b5-1 trading plan. The two transactions generated approximately $15 million (around KRW 20 billion) in total proceeds, with sale prices averaging between $125 and $133 per share. After these sales, Gebbia’s indirect holdings through the Sycamore Trust have declined to roughly 170,000 shares, still valued at about $21.4 million (around KRW 30 billion), according to public filings.

In its February release of fourth-quarter and full-year 2025 results, Airbnb projected that its 2026 revenue growth rate would accelerate into the low double digits—up from 10 percent in 2025—citing strong travel demand and new payment and booking options as key drivers. The company is also extending beyond lodging into a full-service travel platform, expanding hotel partnerships in major cities such as New York and Los Angeles and, earlier this month, launching a private car service linking airports and urban centers in collaboration with partner firms.

Founded in San Francisco in 2008, Airbnb is a global lodging-sharing platform that connects travelers with short- and medium-term accommodations and various local experiences, earning commissions on each booking. Joseph Gebbia co-founded the company alongside Brian Chesky and Nathan Blecharczyk and remains one of its largest individual shareholders.