Christina Schwartz - 16 Sep 2024 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
16 Sep 2024
Net transactions value
-$53,498
Form type
4
Filing time
17 Sep 2024, 20:01:22 UTC
Previous filing
17 Jul 2024
Next filing
16 Oct 2024
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 $953 -442 -0.06% $2.16 779,228 16 Sep 2024 Direct F1, F2
transaction OPEN Common Stock Sale $1,870 -867 -0.11% $2.16 778,361 16 Sep 2024 Direct F1, F2
transaction OPEN Common Stock Sale $50,675 -23,491 -3% $2.16 759,870 16 Sep 2024 Direct F1, F2, F3
* 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 $2.12 to $2.24, 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.
F3 Includes 5,000 shares acquired pursuant to the Issuer's Employee Stock Purchase Plan on August 30, 2024.

Remarks:

Officer Title: Interim Chief Financial Officer