Anywhere Real Estate (NYSE: HOUS) CEO details stock awards and merger share conversion
Rhea-AI Filing Summary
Anywhere Real Estate Inc. President and CEO Susan Yannaccone reported equity transactions tied to the closing of the merger with Compass, Inc. On January 7, 2026, she acquired 128,031 shares of common stock earned under 2023 performance stock unit awards, bringing her holdings to 655,285 shares.
On January 9, 2026, she acquired an additional 318,502 shares, increasing her ownership to 973,787 shares, and then reported the disposition of those 973,787 shares as her Anywhere shares were converted in the merger. Under the merger agreement, each Anywhere share was converted into the right to receive 1.436 Compass class A shares and, if applicable, cash in lieu of fractional shares.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, $0.01 par value | 318,502 | $0.00 | -- |
| Disposition | Common Stock, $0.01 par value | 973,787 | $0.00 | -- |
| Grant/Award | Common Stock, $0.01 par value | 128,031 | $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 HOUS CEO Susan Yannaccone report on this Form 4?
The Form 4 shows that on January 7, 2026, Susan Yannaccone acquired 128,031 shares of Anywhere Real Estate Inc. common stock earned under 2023 performance stock unit awards. On January 9, 2026, she acquired 318,502 additional shares, then reported the disposition of 973,787 shares as part of the merger with Compass, Inc.
What happened to Susan Yannaccone’s HOUS performance stock units and RSUs?
The filing states that each outstanding PSU award was canceled and converted into a restricted stock unit award covering Compass shares based on the number of Anywhere shares subject to the award multiplied by the 1.436 exchange ratio. Similarly, each outstanding RSU award was converted into a Compass RSU award using the same exchange ratio.