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Filing Details

Accession Number:: 0001801169-25-000024
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2025-03-17 19:27:40
Reporting Period:: 2025-03-13

Filing Date:: 2025-03-17
Accepted Time:: 2025-03-17 19:27:40
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1801169	Opendoor Technologies Inc.	OPEN	Real Estate Agents & Managers (For Others) (6531)	301318214

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1944295	Sydney Schaub	410 N. Scottsdale Road, Suite 1600 Tempe AZ 85288	Chief Legal Officer	No	Yes	No	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Acquisiton	2025-03-13	50,105	$0.00	1,216,585	No	4	A	Direct
Common Stock	Acquisiton	2025-03-13	490,000	$0.00	1,706,585	No	4	A	Direct
Common Stock	Disposition	2025-03-17	10,516	$1.12	1,696,069	No	4	S	Direct
Common Stock	Disposition	2025-03-17	76,958	$1.12	1,619,111	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	A	Direct
No	4	A	Direct
No	4	S	Direct
No	4	S	Direct

Footnotes

Represents performance-based restricted stock units ("PRSUs") previously granted to the Reporting Person by the Issuer on February 26, 2024. The performance conditions applicable to the award were determined to have been satisfied by the Issuer's Compensation Committee on March 13, 2025. Accordingly, one third of the total number of PRSUs vested on March 15, 2025, and the remaining two thirds of the PRSUs will vest in substantially equal quarterly installments over the next eight quarters following March 15, 2025.
Represents an award of 490,000 restricted stock units ("RSUs") subject to time-based vesting. Each RSU represents a contingent right to receive one share of the Issuer's common stock. One-tenth of the total number of RSUs will vest in quarterly installments over the next ten quarters following the vesting commencement date on March 15, 2025, in each case subject to the Reporting Person's continued service to the Issuer.
This sale was effected pursuant to a Rule 10b5-1 "sell to cover" election made by the Reporting Person for the sole purpose to satisfy the Reporting Person's tax withholding obligation upon the settlement of previously granted restricted stock awards. This sale does not represent a discretionary trade by the Reporting Person.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.095 to $1.15, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price at which the transactions were effected.