Anthony Ray Kappus - Aug 30, 2023 Form 4 Insider Report for Redfin Corp (RDFN)

Signature
/s/ Anthony Kappus
Stock symbol
RDFN
Transactions as of
Aug 30, 2023
Transactions value $
-$209,551
Form type
4
Date filed
9/1/2023, 03:46 PM
Previous filing
Aug 25, 2023
Next filing
Nov 22, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RDFN Common Stock Sale -$210K -23.2K -60.02% $9.02 15.5K Aug 30, 2023 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The reporting person effected the transaction pursuant to a Rule 10b5-1 trading plan that he adopted on May 31, 2023.
F2 The reporting person executed the transaction in multiple trades at prices ranging from $8.85 to $9.22. The reported price reflects the weighted average price of all trades. The reporting person will provide to the SEC staff, the issuer, or any security holder of the issuer, upon request, full information regarding the number of shares traded at each separate price.