Bridget Frey - 10 Mar 2025 Form 4 Insider Report for Redfin Corp (RDFN)

Signature
/s/ Anthony Kappus, attorney-in-fact
Issuer symbol
RDFN
Transactions as of
10 Mar 2025
Net transactions value
-$354,572
Form type
4
Filing time
12 Mar 2025, 16:09:30 UTC
Previous filing
24 Feb 2025
Next filing
25 Jun 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RDFN Common Stock Options Exercise $998,758 +135,333 +29% $7.38 600,710 10 Mar 2025 Direct F1
transaction RDFN Common Stock Sale $1,353,330 -135,333 -23% $10.00 465,377 10 Mar 2025 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction RDFN Stock Option (right to buy) Options Exercise $0 -135,333 -100% $0.000000 0 10 Mar 2025 Common Stock 135,333 $7.38 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 she adopted on November 27, 2024.
F2 The stock option is fully exercisable.