Summary by Moomoo AI
Joseph Gebbia, a director and 10% shareholder of Airbnb, Inc., is set to sell 800,021 shares of Class A Common Stock on 06/12/2024. The shares, with an aggregate market value of approximately $120,099,152, were originally acquired as founder shares directly from the issuer on two separate occasions, with the bulk being obtained on 10/27/2020 and a small additional amount on 05/24/2021. The planned sale follows a period where no securities transactions were reported in the past three months. The notice of the sale was filed on the same date as the planned sale, with the sale instructions having been adopted earlier on 02/29/2024.