Anywhere Real Estate (HOUS) EVP logs equity awards and Compass merger swap
Rhea-AI Filing Summary
Anywhere Real Estate Inc. EVP and Chief People Officer Tanya Reu‑Narvaez reported several stock movements tied to performance awards and the closing of the company’s merger with Compass, Inc. On January 7, 2026, she acquired 66,577 shares of common stock at $0 per share, representing shares earned under 2023 performance stock unit awards, bringing her holdings to 267,077 shares.
On January 9, 2026, in connection with the completion of the merger in which Anywhere became a wholly owned subsidiary of Compass, she reported acquiring 127,403 additional shares at $0, increasing her stake to 394,480 shares. That same day, she reported the disposition of all 394,480 shares at $0 as each share of Anywhere common stock was converted into the right to receive Compass class A common stock at a fixed exchange ratio of 1.436 Compass shares per Anywhere share.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, $0.01 par value | 127,403 | $0.00 | -- |
| Disposition | Common Stock, $0.01 par value | 394,480 | $0.00 | -- |
| Grant/Award | Common Stock, $0.01 par value | 66,577 | $0.00 | -- |
Footnotes (1)
- Represents shares earned under the applicable performance criteria of the 2023 Performance Stock Unit ("PSU") awards, prior to applicable tax withholding (which will be applied following the transactions referred to in the footnotes below). 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 ("Company common stock"), 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 PSU award was canceled and converted into a restricted stock unit ("RSU") award in respect of Compass Shares covering that number of Compass Shares equal to (i) the number of shares of Company common stock subject to the award (based on performance goals determined in the manner set forth in the Merger Agreement) multiplied by (ii) the Exchange Ratio. The amount reported in this line reflects the number of shares earned under subsection (i) of the prior sentence. 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.
FAQ
What insider transactions did Anywhere Real Estate (HOUS) report in this filing?
EVP and Chief People Officer Tanya Reu‑Narvaez reported three non-derivative transactions in Anywhere Real Estate common stock: an award of 66,577 shares on January 7, 2026, an award of 127,403 shares on January 9, 2026, and the disposition of 394,480 shares on January 9, 2026, all at a reported price of $0 per share.
What is the connection between this Form 4 for Anywhere Real Estate (HOUS) and the Compass merger?
The filing explains that on January 9, 2026, Velocity Merger Sub, Inc., a wholly owned subsidiary of Compass, Inc., merged with and into Anywhere Real Estate Inc., with Anywhere surviving as a wholly owned subsidiary of Compass. At the effective time of the merger, each share of Anywhere common stock was converted into the right to receive class A common stock of Compass, and the reported disposition of 394,480 shares reflects this conversion rather than a cash sale.
How were performance stock units and RSUs treated in the Anywhere Real Estate (HOUS) and Compass merger?
At the effective time, each outstanding performance stock unit (PSU) award tied to Anywhere common stock was canceled and converted into a restricted stock unit (RSU) award covering Compass shares, based on the number of shares earned under the award and the 1.436 exchange ratio. Each outstanding RSU award in Anywhere common stock was also canceled and converted into a Compass RSU award based on the number of underlying shares multiplied by the same exchange ratio.