Megan D. Meyer - 17 Jul 2023 Form 4 Insider Report for Opendoor Technologies Inc. (OPEN)

Role: President, Sell Direct & Svcs.
Signature: /s/ Carrie Wheeler, Attorney-in-fact
Issuer symbol: OPEN
Transactions as of: 17 Jul 2023
Net transactions value: -$172,099
Form type: 4
Filing time: 19 Jul 2023, 17:10:37 UTC
Previous filing: 20 Jun 2023
Next filing: 18 Sep 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	OPEN	Common Stock	Sale	$119,745	-27,539	-0.96%	$4.35	2,840,989	17 Jul 2023	Direct	F1, F2
transaction	OPEN	Common Stock	Sale	$52,354	-12,040	-0.42%	$4.35	2,828,949	17 Jul 2023	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The sale was effected pursuant to a mandatory sell-to-cover program implemented by the compensation committee of the board of directors of the Issuer. This sale does not represent a discretionary trade by the Reporting Person.
F2	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.275 to $4.490, 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.

Content

The sale was effected pursuant to a mandatory sell-to-cover program implemented by the compensation committee of the board of directors of the Issuer. This sale does not represent a discretionary trade by the Reporting Person.

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.275 to $4.490, 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.