Anywhere Real Estate (NYSE: HOUS) EVP logs award share conversion in Compass deal
Rhea-AI Filing Summary
Anywhere Real Estate Inc. executive Marilyn J. Wasser, EVP, General Counsel and Secretary, reported equity transactions tied to the closing of the company’s merger with Compass, Inc. On January 7, 2026, she acquired 122,057 shares of Anywhere common stock at $0, earned under 2023 performance stock unit awards, bringing her holdings to 771,336 shares.
On January 9, 2026, the merger of Anywhere with a Compass subsidiary became effective, and 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. On that date she was credited with 233,571 additional shares at $0 and then disposed of 1,004,907 shares of Anywhere common stock at $0, leaving her with no Anywhere shares as her equity awards and holdings were converted into awards and shares tied to Compass.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, $0.01 par value | 233,571 | $0.00 | -- |
| Disposition | Common Stock, $0.01 par value | 1,004,907 | $0.00 | -- |
| Grant/Award | Common Stock, $0.01 par value | 122,057 | $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
Who is the insider in Anywhere Real Estate Inc. (HOUS) involved in this Form 4?
The reporting person is Marilyn J. Wasser, who serves as EVP, General Counsel and Secretary of Anywhere Real Estate Inc.
What Anywhere Real Estate (HOUS) stock transactions did Marilyn Wasser report?
She reported acquiring 122,057 shares on January 7, 2026, acquiring 233,571 shares on January 9, 2026, and disposing of 1,004,907 shares on January 9, 2026, all at $0 per share.
Why did Marilyn Wasser’s Anywhere Real Estate (HOUS) holdings drop to zero?
As part of the merger in which Anywhere became a wholly owned subsidiary of Compass, Inc., each share of Anywhere common stock was converted into the right to receive Compass class A common stock, so her Anywhere holdings were converted and reduced to zero.
How were Anywhere Real Estate (HOUS) PSU and RSU awards treated in the Compass transaction?
At the effective time, each outstanding PSU and RSU in Anywhere was canceled and converted into a restricted stock unit award covering Compass shares, using the number of underlying Anywhere shares multiplied by the 1.436 exchange ratio.