Daniel Morillo - 17 Oct 2022 Form 4 Insider Report for Opendoor Technologies Inc. (OPEN)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
19 Oct 2022, 19:04:00 UTC
Prior SEC filing
20 Jul 2022
Next SEC filing
16 Nov 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Carrie Wheeler, Attorney-in-fact

Key filing fact

Daniel Morillo filed Form 4 for Opendoor Technologies Inc. (OPEN) on 19 Oct 2022.

Key facts

  • This page summarizes Daniel Morillo's Form 4 filing for Opendoor Technologies Inc. (OPEN).
  • 3 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 19 Oct 2022, 19:04.

Change

  • Previous filing in this sequence was filed on 20 Jul 2022.
  • Current net transaction value: -$425,415.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

OPEN transaction

Common Stock

Sale

Transaction value
$221,107
Shares
-87,828
Change %
-4.4%
Price
$2.52
Shares after
1,905,035
Date
17 Oct 2022
Ownership
Direct
Footnotes
F1, F2
OPEN transaction

Common Stock

Sale

Transaction value
$146,917
Shares
-56,489
Change %
-3%
Price
$2.60
Shares after
1,848,546
Date
18 Oct 2022
Ownership
Direct
Footnotes
F3, F4
OPEN transaction

Common Stock

Sale

Transaction value
$57,392
Shares
-24,831
Change %
-1.3%
Price
$2.31
Shares after
1,823,715
Date
19 Oct 2022
Ownership
Direct
Footnotes
F1, F5
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.

Footnote F2

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.3300 to $2.6500, 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.

Footnote F3

The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 instruction letter to satisfy the Reporting Person's tax withholding obligation upon the vesting of previously granted equity awards.

Footnote F4

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.5100 to $2.6750, 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.

Footnote F5

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.2800 to $2.3350, 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.

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