Airbnb Founders, CEO, and CFO Execute Simultaneous Billion-Dollar Share Sales

Airbnb, Inc. (NASDAQ: ABNB) co-founder and director Joseph Gebbia sold more than 200,000 Class A common shares on June 1 under a pre-arranged Rule 10b5-1 trading plan through the Sycamore Trust, netting roughly $35.7 million (about KRW 490 billion). On June 2, CFO Eleanor Merce and CEO Brian Chesky each sold several thousand to tens of thousands of shares under the same plan—Merce realizing about $1 million (≈ KRW 14 billion) and Chesky around $8.4 million (≈ KRW 120 billion). All three executives continue to hold substantial stakes in the company.

In early May, Airbnb reported double-digit revenue growth for Q1 2026, and on May 20 unveiled its “2026 Summer Release,” detailing peak-season strategies such as expanded service, hotel and experience offerings, and special World Cup promotions. CEO Brian Chesky has also announced plans to establish a dedicated AI research division, with the goal of embedding large-language-model–based features across search, travel recommendations and customer support to transform the Airbnb app into a fully “AI-native” service.

Founded in the U.S. in 2008, Airbnb is one of the leading global online travel and leisure platforms listed on Nasdaq. Since going public, Chesky and Gebbia have remained key shareholders and board members, regularly selling shares through pre-set Rule 10b5-1 plans to manage their holdings.