Summary by Moomoo AI
On December 17, 2024, Joseph Gebbia, a key figure at Airbnb, executed a significant stock transaction. Gebbia sold a total of 214,285 shares of Airbnb's Class A Common Stock through three separate transactions, all conducted via the Sycamore Trust.The sales were completed at varying prices: 2,000 shares at $130.9376, 127,898 shares at $131.6254, and 84,387 shares at $132.291 per share. The total market value of the disposed shares amounted to approximately $28.26 million. Following these transactions, Gebbia's indirect ownership through the Sycamore Trust decreased to 1,285,715 shares.Additionally, Gebbia maintains direct ownership of 2,509 shares of Airbnb's Class A Common Stock. The transactions were reported as completed, indicating a substantial reduction in Gebbia's indirect stake in the company.
