Christina Schwartz - 17 Jul 2023 Form 4 Insider Report for Opendoor Technologies Inc. (OPEN)

Role
Officer Title: Interim Chief Financial Officer
Signature
/s/ Carrie Wheeler, Attorney-in-fact
Issuer symbol
OPEN
Transactions as of
17 Jul 2023
Net transactions value
-$28,229
Form type
4
Filing time
19 Jul 2023, 17:11:00 UTC
Previous filing
20 Jun 2023
Next filing
07 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 $23,980 -5,515 -0.75% $4.35 725,937 17 Jul 2023 Direct F1, F2
transaction OPEN Common Stock Sale $4,248 -977 -0.13% $4.35 724,960 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.

Remarks:

Officer Title: Interim Chief Financial Officer