Jason Kilar - 14 Jun 2023 Form 4 Insider Report for Opendoor Technologies Inc. (OPEN)

Reporting relationship: Director
Issuer ticker: OPEN
Reported as of: 14 Jun 2023
Net transaction value: $0
SEC form: 4
Accepted by SEC: 16 Jun 2023, 16:46:05 UTC
Prior SEC filing: 27 May 2022
Next SEC filing: 15 Sep 2023
Source filing: View source filing
Reporting owner signature: /s/ Carrie Wheeler, Attorney-in-fact

Key filing fact

Jason Kilar filed Form 4 for Opendoor Technologies Inc. (OPEN) on 16 Jun 2023.

Key facts

This page summarizes Jason Kilar's Form 4 filing for Opendoor Technologies Inc. (OPEN).
1 reported transaction and 0 derivative rows are listed below.
Accepted by SEC: 16 Jun 2023, 16:46.

Change

Previous filing in this sequence was filed on 27 May 2022.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

OPEN transaction

Common Stock

Award

Transaction value: $0
Shares: +92,166
Change %: +62%
Price: $0.000000
Shares after: 240,419
Date: 14 Jun 2023
Ownership: Direct
Footnotes: F1

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 1 footnote

Footnote F1

Represents an equal number of restricted stock unit ("RSU") award granted to the Reporting Person pursuant to the Issuer's non-employee director compensation policy and subject to time-based vesting. Each RSU represents a contingent right to receive one share of the Issuer's common stock. The RSUs fully vest on the earlier to occur of (a) the date of the Issuer's next annual meeting of stockholders or (b) June 14, 2024, in each case subject to the Reporting Person's continued service to the Issuer as a non-employee director through the applicable vesting date.