Anywhere Real Estate (HOUS) CTO reports share conversion in Compass merger
Rhea-AI Filing Summary
Anywhere Real Estate Inc. executive Rudy Wolfs reported equity changes tied to the closing of the company’s merger with Compass, Inc. On January 9, 2026, Wolfs acquired 212,337 shares of Anywhere common stock at a stated price of $0.00 per share, then disposed of 435,243 shares at $0.00 per share, leaving him with 0 shares of Anywhere common stock held directly.
These transactions occurred in connection with the merger in which Velocity Merger Sub, Inc., a wholly owned subsidiary of Compass, merged with and into Anywhere, making Anywhere a wholly owned subsidiary of Compass. Under the Merger Agreement, 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. Outstanding PSU and RSU awards in Anywhere were canceled at the effective time and converted into RSU awards covering Compass shares using the same 1.436 exchange ratio.
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Insights
Anywhere’s merger into Compass converts executive equity into Compass-based awards.
The filing shows how Rudy Wolfs, EVP and Chief Technology Officer of Anywhere Real Estate Inc., transitioned his equity as the company became a wholly owned subsidiary of Compass, Inc. on January 9, 2026. He reported acquiring 212,337 shares of Anywhere common stock at $0.00 per share and then disposing of 435,243 shares at $0.00 per share, ending with zero Anywhere shares held directly.
Under the Merger Agreement, each outstanding Anywhere share at the effective time was converted into the right to receive 1.436% (expressed as 1.436 shares per share) of Compass class A common stock, plus cash in lieu of fractional shares. The narrative also explains that existing performance stock units and restricted stock units in Anywhere were canceled and replaced with restricted stock units over Compass shares using the same 1.436 exchange ratio, with 212,337 shares reflecting the performance-based portion before applying that ratio.
For investors, this illustrates the mechanical impact of the merger on one senior executive’s holdings: legacy Anywhere common stock and equity awards are effectively replaced by Compass equity instruments. Subsequent Compass disclosures would typically provide more detail on the resulting Compass share and RSU positions after the January 9, 2026 effective time.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, $0.01 par value | 212,337 | $0.00 | -- |
| Disposition | Common Stock, $0.01 par value | 435,243 | $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 ("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 transaction did Anywhere Real Estate (HOUS) report for Rudy Wolfs?
The filing shows that on January 9, 2026, EVP and Chief Technology Officer Rudy Wolfs acquired 212,337 shares of Anywhere common stock at $0.00 per share and disposed of 435,243 shares at $0.00 per share, resulting in 0 shares of Anywhere common stock held directly after the transactions.
How did the Compass merger affect Anywhere Real Estate (HOUS) common stock?
According to the Merger Agreement, at the effective time of the merger, each share of Anywhere common stock outstanding was converted into the right to receive 1.436 shares of Compass class A common stock plus, if applicable, cash in lieu of fractional Compass shares. Anywhere became a wholly owned subsidiary of Compass through this merger.
How were PSU awards for Anywhere Real Estate executives treated in the Compass merger?
At the effective time, each outstanding performance stock unit (PSU) award in Anywhere was canceled and converted into a restricted stock unit (RSU) award covering Compass shares. The number of Compass RSUs equals the number of Anywhere shares subject to the PSU award, determined based on performance goals under the Merger Agreement, multiplied by the 1.436 exchange ratio. The 212,337 shares reported reflect the performance-based portion before applying the exchange ratio.
What happened to Anywhere Real Estate (HOUS) RSU awards in the merger with Compass?
Each outstanding restricted stock unit (RSU) award in Anywhere was canceled at the effective time and converted into an RSU award over Compass class A common stock. The number of Compass RSUs equals the number of Anywhere shares subject to the original RSU award multiplied by the 1.436 exchange ratio specified in the Merger Agreement.
Does Rudy Wolfs still hold Anywhere Real Estate (HOUS) common stock after the reported transactions?
No. After the January 9, 2026 transactions reported in the filing, Rudy Wolfs is shown as holding 0 shares of Anywhere Real Estate Inc. common stock directly. His interests related to the merger are reflected through the conversion mechanics into Compass shares and Compass RSU awards described in the footnotes.