Summary by Moomoo AI
Aristotle N. Balogh, an officer at Airbnb, Inc., is set to sell 72,976 Class A shares of the company, with an aggregate market value of approximately $12.19 million, on March 8, 2024. The shares to be sold were acquired through options granted on three separate dates: November 13, 2018, August 8, 2020, and March 27, 2023, totaling 25,000 shares each for the first two dates and 22,976 shares for the latter. All acquisitions were from the issuer and paid for in cash on the same day as the planned sale. This transaction follows a series of sales over the past three months, where a total of 177,100 shares were sold for gross proceeds of nearly $39.54 million.