Lucas Matheson - 22 Dec 2025 Form 4 Insider Report for Opendoor Technologies Inc. (OPEN)

Role
President
Signature
/s/ Rishi Kotiya, Attorney-in-fact
Issuer symbol
OPEN
Transactions as of
22 Dec 2025
Net transactions value
$0
Form type
4
Filing time
23 Dec 2025, 17:31:11 UTC

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Matheson Lucas President C/O OPENDOOR TECHNOLOGIES INC., 1295 WEST WASHINGTON STREET, SUITE 115, TEMPE /s/ Rishi Kotiya, Attorney-in-fact 23 Dec 2025 0002101813

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OPEN Common Stock Award $0 +854,153 $0.000000 854,153 22 Dec 2025 Direct F1, F2
transaction OPEN Common Stock Award $0 +854,153 +100% $0.000000 1,708,306 22 Dec 2025 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Preliminary information about the grant was disclosed in the Current Report on From 8-K filed by the Company with the Securities and Exchange Commission on December 15, 2025.
F2 Represents an award of 854,153 restricted stock units ("RSUs") that is eligible to vest in installments, with 20% vesting on April 15, 2026, and the remainder vesting in substantially equal quarterly installments thereafter, subject to the Reporting Person's continued employment through each applicable vesting date and the achievement of an average closing stock price that equals or exceeds $6.24 over a 30 trading day period preceding the applicable vesting date or any of the four quarterly vesting dates immediately following the applicable vesting date, with the award becoming fully vested on April 15, 2030.
F3 Represents an award of 854,153 RSUs that is eligible to vest in seven equal tranches, with each tranche subject to a performance-based vesting condition that requires achievement of an average closing stock price hurdle (equal to $9, $13, $17, $21, $25, $29 and $33), as measured over a 30 trading day period that commences on April 15, 2026 and ends on October 15, 2030, as well as satisfying applicable time-based vesting conditions.