Bridget Frey - 14 Dec 2023 Form 4 Insider Report for Redfin Corp (RDFN)

Signature
/s/ Anthony Kappus
Issuer symbol
RDFN
Transactions as of
14 Dec 2023
Net transactions value
-$244,150
Form type
4
Filing time
18 Dec 2023, 16:00:32 UTC
Previous filing
22 Nov 2023
Next filing
22 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RDFN Common Stock Sale $135,000 -15,000 -3.4% $9.00 420,103 14 Dec 2023 Direct F1
transaction RDFN Common Stock Sale $109,150 -10,915 -2.6% $10.00 409,188 14 Dec 2023 Direct F1
* 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 she adopted on May 15, 2023.