Anywhere Real Estate (HOUS) director reports 107,538-share disposal in Compass deal
Rhea-AI Filing Summary
Anywhere Real Estate director Egbert L. J. Perry reported the conversion of his shares in connection with the company’s merger with Compass, Inc. On January 9, 2026, Velocity Merger Sub, Inc., a wholly owned subsidiary of Compass, merged with and into Anywhere Real Estate Inc., leaving Anywhere as a wholly owned subsidiary of Compass.
Perry disposed of 107,538 shares of Anywhere common stock, leaving him with 0 shares beneficially owned. Under the Merger Agreement, each share of Anywhere common stock was converted into the right to receive 1.436 shares of Compass class A common stock, plus cash instead of any fractional Compass share. In addition, each outstanding RSU award tied to Anywhere stock was canceled and replaced with an RSU award for Compass shares based on the same 1.436 exchange ratio.
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FAQ
What insider transaction did Anywhere Real Estate (HOUS) report in this Form 4?
The filing reports that director Egbert L. J. Perry disposed of 107,538 shares of Anywhere Real Estate common stock on January 9, 2026, in connection with the completion of the merger with Compass, Inc., resulting in 0 shares beneficially owned afterward.
Why did Egbert L. J. Perry dispose of 107,538 HOUS shares?
The shares were disposed of pursuant to the Agreement and Plan of Merger dated September 22, 2025. At the merger’s effective time, each Anywhere Real Estate common share was automatically converted into the right to receive Compass class A common stock under the agreed exchange ratio, rather than being a discretionary sale.
What did HOUS shareholders receive in the Compass merger?
Each outstanding share of Anywhere Real Estate common stock was converted into the right to receive 1.436 fully paid and nonassessable shares of Compass class A common stock, plus cash in lieu of fractional shares, as provided in the Merger Agreement.
How were Anywhere Real Estate (HOUS) RSU awards treated in the merger with Compass?
At the effective time of the merger, each outstanding RSU award tied to Anywhere common stock was canceled and converted into an RSU award for Compass shares, covering a number of Compass shares equal to the product of the original HOUS RSU share count and the 1.436 exchange ratio.
What is Egbert L. J. Perry’s relationship to Anywhere Real Estate (HOUS)?
Egbert L. J. Perry is identified in the filing as a director of Anywhere Real Estate Inc. He is not listed as an officer or 10% owner in this Form 4.
Did Anywhere Real Estate (HOUS) become a subsidiary after the transaction?
Yes. Following the merger on January 9, 2026, Velocity Merger Sub, Inc. merged with and into Anywhere Real Estate Inc., with Anywhere surviving as a wholly owned subsidiary of Compass, Inc.