Airbnb Co-Founder Sells Company Shares Multiple Times Through Private Trust

According to a 10b5-1 trading plan established in August 2025, Joe Gebbia, Airbnb’s co-founder and board member, sold Class A common stock held by the Sycamore Trust in two tranches—approximately $7.7 million on March 23, 2026, and $7.3 million on April 6, 2026. Disclosures show that after these sales, Gebbia still retains some shares indirectly through the Sycamore Trust as well as a small number of directly held shares.

After Airbnb’s February 2026 earnings release, the stock rallied on strong travel demand and rising booking expectations. In March, the company issued about $2.5 billion of corporate bonds as part of a capital-structure overhaul, using the proceeds to repay $2.0 billion of zero-coupon convertible notes maturing in 2026.

Founded in 2007, Airbnb, Inc. (NASDAQ: ABNB) is a leading global lodging and travel platform. Listed on the Nasdaq, it facilitates millions of short-term rentals and curated “experiences” worldwide and is widely regarded as a benchmark growth stock.