Sydney Schaub - 16 Jun 2025 Form 4 Insider Report for Opendoor Technologies Inc. (OPEN)

Role
Chief Legal Officer
Signature
/s/ Carrie Wheeler, Attorney-in-fact
Issuer symbol
OPEN
Transactions as of
16 Jun 2025
Net transactions value
-$62,519
Form type
4
Filing time
17 Jun 2025, 19:47:25 UTC
Previous filing
17 Apr 2025
Next filing
17 Jul 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Schaub Sydney Chief Legal Officer 410 N. SCOTTSDALE ROAD, SUITE 1000, TEMPE /s/ Carrie Wheeler, Attorney-in-fact 17 Jun 2025 0001944295

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OPEN Common Stock Sale $62,233 -110,932 -6.9% $0.5610 1,495,356 16 Jun 2025 Direct F1, F2
transaction OPEN Common Stock Sale $286 -517 -0.03% $0.5536 1,494,839 17 Jun 2025 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 This sale was effected pursuant to a Rule 10b5-1 "sell to cover" election made by the Reporting Person for the sole purpose to satisfy the Reporting Person's tax withholding obligation upon the settlement of previously granted restricted stock awards. 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 $0.5479 to $0.578, 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 This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 3, 2024.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $0.5536 to $0.5537, 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.