James Slavet - 26 Jun 2025 Form 4 Insider Report for Redfin Corp (RDFN)

Role
Director
Signature
/s/ Anthony Kappus, attorney-in-fact
Issuer symbol
RDFN
Transactions as of
26 Jun 2025
Net transactions value
$0
Form type
4
Filing time
30 Jun 2025, 21:29:34 UTC
Previous filing
24 Jun 2025
Next filing
03 Jul 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Slavet James Director C/O REDFIN CORPORATION, 1099 STEWART STREET, SUITE 600, SEATTLE /s/ Anthony Kappus, attorney-in-fact 30 Jun 2025 0001712054

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RDFN Common Stock Options Exercise +17,080 +5.8% 309,867 26 Jun 2025 Direct F1
transaction RDFN Common Stock Options Exercise +3,767 +1.2% 313,634 26 Jun 2025 Direct F1, F2

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 Restricted Stock Unit Options Exercise $0 -17,080 -100% $0.000000 0 26 Jun 2025 Common Stock 17,080 Direct F1, F3, F4
transaction RDFN Phantom Stock Options Exercise $0 -3,767 -100% $0.000000 0 26 Jun 2025 Common Stock 3,767 Direct F1, F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units ("RSUs") convert into common stock on a one-for-one basis upon settlement.
F2 Represents 3,767 shares of Redfin Corporation's ("the Company") common stock in respect of RSUs that previously vested, for which settlement was deferred pursuant to the Company's director deferral program until the earlier of (i) the reporting person's termination of service with the Company and (ii) a change in control of the Company. In connection with the pending merger contemplated by the Merger Agreement (as defined below), these previously deferred RSUs were settled on June 26, 2025.
F3 These RSUs vested on June 26, 2025 pursuant to the terms of the Company's Equity Incentive Plan in connection with the pending acquisition of the Company by Rocket Companies, Inc. ("Parent") pursuant to the Agreement and Plan of Merger, dated March 9, 2025, by and among the Company, Parent and Neptune Merger Sub, Inc., a wholly owned subsidiary of Parent.
F4 RSUs do not expire; they either vest or are canceled prior to the vesting date.