Airbnb Co-Founder Joseph Gebbia Sells Additional Shares Under Planned Transaction
Joseph Gebbia, co-founder and director of Airbnb, Inc. (NASDAQ: ABNB), sold a portion of his indirectly held shares under the Sakamore Trust on the open market on January 12, 2026. The transactions, executed in four tranches at prices ranging from approximately $137.69 to $140.13 per share, were carried out under a Section 10b5-1 trading plan established on August 29, 2025. Disclosures show that even after this sale, Gebbia retains a substantial stake in Airbnb through his indirect holdings via the Sakamore Trust, along with a smaller directly held position.
This sale is part of an ongoing series of equity adjustments by Gebbia that began in the second half of 2025. He previously sold several hundred thousand shares in October and November 2025, also through the Sakamore Trust. During the same period, Airbnb’s market outlook improved, with major research firms issuing successive price-target increases and rating upgrades as analysts grew more optimistic about the company’s financial performance and growth prospects. (Source: investing.com)
Founded in San Francisco in 2008, Airbnb operates an online marketplace that connects travelers with lodging and experience providers worldwide. As co-founder alongside Brian Chesky, Gebbia has stepped back from day-to-day management to focus on board responsibilities and personal investments, yet he remains a key insider shareholder with holdings valued in the hundreds of millions of dollars.