by stockocean
There are a lot of insider sales on ABNB over the last year… $1.22bn sold this year with 0 buys.
Supposedly these are a part of a 10b5-1 plan (scheduled selling) but these filings are so often manipulated (non-public disclosure on size and it’s non-binding) that I don’t place much trust into “scheduled selling”.
Brian Chesky (CEO) also initiated selling this year in June 2023 when his last sale was Dec 2020…
Any other thoughts or insight into this?
111 views