Airbnb Founder, CEO, and CFO Sell Off Shares Worth Billions in June

At Airbnb, Inc. (ABNB), co-founder Joe Gebbia, CEO Brian Chesky and CFO Eleanor Mertz sold shares on June 1–2 in the U.S. market under pre-set Rule 10b5-1 trading plans. Through a trust, Gebbia disposed of about $35.7 million worth of stock (roughly KRW 230 billion), Chesky sold about $8.4 million (KRW 110 billion) and Mertz cashed in approximately $1.01 million (KRW 14 billion). Chesky’s remaining direct stake still stands at about $1.47 billion—nearly KRW 20 trillion—so this sale represents only a fraction of his total holdings.

In its Q1 2026 earnings report, Airbnb posted revenue of $2.68 billion—a year-over-year gain of 18%—and raised its guidance, sending its share price to a 12-month high. The company unveiled its “2026 Summer Release” to capitalize on the peak travel season and the 2026 World Cup, accelerating new initiatives such as its host revenue protection program and AI-powered customer support and search features. (news.airbnb.com)

Founded in 2008, Airbnb is a U.S. home-sharing platform that connects global travelers with accommodations and experiences, making it a leading beneficiary of rising travel and leisure demand. Co-founders Chesky and Gebbia continue to hold significant stakes post-IPO, and the company is advancing AI-driven search and support capabilities while expanding its overall travel services. (techcrunch.com)