Airbnb DEF 14A: Executive Comp & Financials

TL;DR

Airbnb's DEF 14A is out, detailing exec pay and 2023 financials. Focus on equity award adjustments.

AI Summary

Airbnb, Inc. filed a DEF 14A on April 19, 2024, for the fiscal year ending December 31, 2023. The filing details executive compensation and other corporate governance matters. Key financial data for the periods ending December 31, 2023, 2022, 2021, and 2020 are included, with specific references to adjustments for equity awards and their fair value changes.

Why It Matters

This filing provides crucial insights into how Airbnb compensates its top executives and the financial performance metrics used, which can influence investor decisions and company strategy.

Risk Assessment

Risk Level: medium — DEF 14A filings can contain information about executive compensation, potential shareholder proposals, and corporate governance changes that may impact stock price and investor sentiment.

Key Numbers

• 2023-12-31 — Fiscal Year End (Reporting period for financial data)
• 2022-12-31 — Prior Fiscal Year End (Comparative financial data)
• 2021-12-31 — Prior Fiscal Year End (Comparative financial data)
• 2020-12-31 — Prior Fiscal Year End (Comparative financial data)

Key Players & Entities

• Airbnb, Inc. (company) — Filer
• 0001559720 (company) — Central Index Key
• 263051428 (company) — IRS Number
• DE (company) — State of Incorporation
• 415.800.5959 (company) — Business Phone

FAQ

From the Filing

0001193125-24-102960.txt : 20240419 0001193125-24-102960.hdr.sgml : 20240419 20240419163307 ACCESSION NUMBER: 0001193125-24-102960 CONFORMED SUBMISSION TYPE: DEF 14A PUBLIC DOCUMENT COUNT: 25 CONFORMED PERIOD OF REPORT: 20240605 FILED AS OF DATE: 20240419 DATE AS OF CHANGE: 20240419 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Airbnb, Inc. CENTRAL INDEX KEY: 0001559720 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-TO DWELLINGS & OTHER BUILDINGS [7340] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 263051428 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 001-39778 FILM NUMBER: 24858246 BUSINESS ADDRESS: STREET 1: 888 BRANNAN ST. CITY: SAN FRANCISCO STATE: CA ZIP: 94103 BUSINESS PHONE: 415.800.5959 MAIL ADDRESS: STREET 1: 888 BRANNAN ST. CITY: SAN FRANCISCO STATE: CA ZIP: 94103 DEF 14A 1 d636281ddef14a.htm DEF 14A DEF 14A Table of Contents DEF 14A false 0001559720 0001559720 2023-01-01 2023-12-31 0001559720 2022-01-01 2022-12-31 0001559720 2020-01-01 2020-12-31 0001559720 2021-01-01 2021-12-31 0001559720 abnb:TotalAdjustmentsMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0001559720 abnb:TotalAdjustmentsMember ecd:PeoMember 2023-01-01 2023-12-31 0001559720 abnb:IncreasedeductionForEquityAwardsGrantedDuringPriorFiscalYearsThatVestedDuringApplicableFiscalYearDeterminedBasedOnChangeInFairValueFromPriorFiscalYearEndToVestingDateMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0001559720 abnb:IncreasedeductionForEquityAwardsGrantedDuringPriorFiscalYearsThatWereOutstandingAndUnvestedAsOfApplicableFiscalYearEndDeterminedBasedOnChangeInFairValueMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0001559720 abnb:IncreasedeductionForEquityAwardsGrantedDuringPriorFiscalYearsThatWereOutstandingAndUnvestedAsOfApplicableFiscalYearEndDeterminedBasedOnChangeInFairValueMember ecd:PeoMember 2023-01-01 2023-12-31 0001559720 abnb:IncreaseForVestingDateFairValueOfEquityAwardsGrantedAndVestedInTheFiscalYearDeterminedAsOfVestingDateMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0001559720 abnb:IncreaseForYearEndFairValueOfEquityAwardsGrantedInTheFiscalYearThatWereOutstandingAndUnvestedAsOfFiscalYearEndMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0001559720 abnb:DeductionForEquityAwardsGrantedDuringPriorFiscalYearsThatFailedToMeetVestingConditionsDuringApplicableFiscalYearDeterminedAsOfPriorFiscalYearEndMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0001559720 abnb:DeductionForAmountsReportedUnderTheStockAwardsAndOptionAwardsColumnsInTheSummaryCompensationTableForApplicableFiscalYearMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 iso4217:USD UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No.     ) Filed by the Registrant ☒ Filed by a Party other than the Registrant ☐ Check the appropriate box:   ☐ Preliminary Proxy Statement   ☐ Confidential, for Use of the Commission Only (as permitted by Rule 14a -6(e)(2))   ☒ Definitive Proxy Statement   ☐ Definitive Additional Materials   ☐ Soliciting Material under §240.14a-12 Airbnb, Inc.     (Name of Registrant as Specified In Its Charter)     (Name of Person(s) Filing Proxy Statement, if Other Than the Registrant) Payment of Filing Fee (Check all boxes that apply):   ☒ No fee required   ☐ Fee paid previously with preliminary materials   ☐ Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11 Table of Contents AIRBNB, INC. 888 Brannan Street San Francisco, California 94103 NOTICE OF 2024 ANNUAL MEETING OF STOCKHOLDERS To Be Held Virtually on June 5, 2024 To Our Stockholders: NOTICE IS HEREBY GIVEN that the 2024 Annual Meeting of Stockholders of Airbnb, Inc. (the “Annual Meeting”) will be held