Anywhere Real Estate (HOUS) director’s shares converted into Compass stock in merger
Rhea-AI Filing Summary
Anywhere Real Estate director Matthew J. Espe reported the conversion and disposal of his common stock in connection with the company’s merger with Compass. On January 9, 2026, he disposed of 173,103 shares of Anywhere Real Estate Inc. common stock, leaving him with 0 shares directly owned.
The transaction reflects the closing of the previously announced merger in which Velocity Merger Sub, Inc., a wholly owned subsidiary of Compass, Inc., merged with and into Anywhere Real Estate Inc., which now survives as a wholly owned subsidiary of Compass. Under the merger terms, each Anywhere share was converted into the right to receive 1.436 shares of Compass class A common stock, with cash paid in lieu of fractional shares, and outstanding RSUs were converted into RSUs covering Compass shares using the same exchange ratio.
Positive
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Insights
Director’s Anywhere shares and RSUs were converted into Compass equity as part of the merger.
This filing shows Matthew J. Espe, a director of Anywhere Real Estate Inc., disposing of 173,103 shares of Anywhere common stock on January 9, 2026. The reported price per share is 0.0000, indicating this was not an open-market sale but a non-cash equity conversion tied to a corporate transaction. Following the transaction, his directly held Anywhere common stock position dropped to zero.
The footnotes explain that this activity occurred at the closing of the merger where Velocity Merger Sub, Inc., a subsidiary of Compass, Inc., combined with Anywhere, which now operates as a wholly owned Compass subsidiary. Each Anywhere share outstanding immediately before the effective time was converted into the right to receive 1.436 Compass class A shares, plus cash in lieu of fractional shares, and each outstanding RSU was converted into a Compass RSU using the same exchange ratio. Subsequent disclosures from the companies will describe his resulting Compass equity position and any ongoing alignment with shareholders.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common Stock, $0.01 par value | 173,103 | $0.00 | -- |
Footnotes (1)
- On January 9, 2026, pursuant to the previously announced Agreement and Plan of Merger, dated as of September 22, 2025 (the Merger Agreement), by and among Anywhere Real Estate Inc. (the Company), Compass, Inc. (Compass), and Velocity Merger Sub, Inc., a wholly owned subsidiary of Compass (Merger Sub), Merger Sub merged with and into the Company (the Merger), with the Company surviving the Merger as a wholly owned subsidiary of Compass. Pursuant to the Merger Agreement, each share of Company common stock, par value $0.01 per share issued and outstanding immediately prior to the effective time of the Merger (the Effective Time), was converted into the right to receive 1.436 fully paid and nonassessable shares (the Exchange Ratio) of class A common stock of Compass (the Compass Shares) and, if applicable, cash in lieu of fractional shares. Pursuant to the Merger Agreement, at the Effective Time, each outstanding RSU award was canceled and converted into a RSU award in respect of Compass Shares covering that number of Compass Shares equal to the product of (i) the number of shares of Company common stock subject to the award multiplied by (ii) the Exchange Ratio.
