Anywhere Real Estate (HOUS) CFO details share conversion in Compass deal
Rhea-AI Filing Summary
Anywhere Real Estate Inc. EVP & Chief Financial Officer Charlotte C. Simonelli reported equity transactions tied to the closing of the company’s merger with Compass, Inc. On January 7, 2026, she acquired 166,440 shares of common stock at no cost, representing shares earned under 2023 performance stock unit awards, before tax withholding.
On January 9, 2026, the merger of Velocity Merger Sub, Inc. into Anywhere Real Estate Inc. became effective, with the company surviving as a wholly owned subsidiary of Compass. Each share of Anywhere common stock outstanding immediately before the effective time was converted into the right to receive 1.436 shares of Compass class A common stock, plus cash in lieu of fractional shares. In connection with this, Simonelli reported an acquisition of 359,586 shares at no cost and a disposition of 1,260,513 shares, leaving her with no Anywhere common stock as it was converted. Outstanding PSU and RSU awards in Anywhere were canceled and converted into RSU awards over Compass shares based on this exchange ratio.
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FAQ
Who is the insider in Anywhere Real Estate Inc. (HOUS) involved in this Form 4?
The reporting person is Charlotte C. Simonelli, who serves as EVP & Chief Financial Officer of Anywhere Real Estate Inc.
What transactions did Charlotte Simonelli report in Anywhere Real Estate (HOUS) stock?
She reported three non-derivative transactions in common stock: an acquisition of 166,440 shares on January 7, 2026, an acquisition of 359,586 shares on January 9, 2026, and a disposition of 1,260,513 shares on January 9, 2026, all at a price of $0 per share.
How were Anywhere Real Estate (HOUS) shares converted in the Compass merger?
Under the Merger Agreement, each share of Anywhere Real Estate common stock outstanding immediately prior to the effective time of the merger was converted into the right to receive 1.436 shares of Compass class A common stock, plus cash in lieu of any fractional shares.
What happened to Charlotte Simonelli’s holdings of Anywhere Real Estate (HOUS) common stock after the reported transactions?
Following the disposition transaction on January 9, 2026, the amount of Anywhere Real Estate common stock beneficially owned by Charlotte Simonelli was reported as 0 shares, as her shares were converted in connection with the merger.
How were performance stock units (PSUs) and restricted stock units (RSUs) treated in the Anywhere–Compass merger?
At the effective time of the merger, each outstanding PSU and RSU award in Anywhere Real Estate was canceled and converted into a restricted stock unit (RSU) award covering Compass shares. The number of Compass shares underlying each new RSU was calculated by multiplying the number of Anywhere shares subject to the award by the 1.436 exchange ratio, with PSUs first determined based on performance goals as specified in the Merger Agreement.
What does the 166,440-share acquisition related to the 2023 PSU awards represent for Anywhere Real Estate (HOUS)?
The 166,440 shares reported as acquired on January 7, 2026 represent shares earned under the applicable performance criteria of the 2023 Performance Stock Unit (PSU) awards, before tax withholding that will be applied after the related merger-driven transactions.