Anywhere Real Estate (HOUS) CEO equity converts to Compass stock in merger
Rhea-AI Filing Summary
Anywhere Real Estate Inc. CEO and President Ryan M. Schneider reported several equity transactions tied to the closing of the company’s merger with Compass, Inc. On January 7, 2026, he acquired 819,399 shares of common stock for no cash cost, earned under 2023 performance stock unit awards before tax withholding. On January 9, 2026, in connection with the previously announced merger with Compass, he was granted an additional 2,548,018 shares, bringing his holdings to 5,883,469 shares of Anywhere common stock.
That same day, all 5,883,469 shares of Anywhere common stock he held were reported as disposed of, reflecting their conversion at the merger’s effective time. Under the merger terms, each share of Anywhere common stock was exchanged for 1.436 shares of Compass class A common stock (plus cash in lieu of fractional shares), and his outstanding PSU and RSU awards were converted into restricted stock units over Compass shares. Following these transactions, Schneider reported owning 0 shares of Anywhere common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, $0.01 par value | 2,548,018 | $0.00 | -- |
| Disposition | Common Stock, $0.01 par value | 5,883,469 | $0.00 | -- |
| Grant/Award | Common Stock, $0.01 par value | 819,399 | $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 for CEO Ryan M. Schneider?
Ryan M. Schneider reported three non-derivative transactions: on January 7, 2026, he acquired 819,399 shares of Anywhere common stock earned from 2023 performance stock units, and on January 9, 2026, he acquired 2,548,018 shares and then disposed of 5,883,469 shares, all at a stated price of $0.00 per share, in connection with the Compass merger.
What happened to the CEO’s performance stock units and RSUs in the Anywhere–Compass deal?
At the merger’s effective time, each outstanding performance stock unit award was canceled and converted into a restricted stock unit over Compass shares, based on the number of Anywhere shares earned under the award multiplied by the 1.436 exchange ratio. Each outstanding RSU award over Anywhere shares was similarly converted into an RSU award over Compass shares using the same exchange ratio.
Were the reported Anywhere Real Estate (HOUS) insider transactions open-market trades?
The reported acquisitions and disposition for Ryan M. Schneider were filed at a stated price of $0.00 per share and are described in the footnotes as arising from equity award vesting and conversion mechanics under the Merger Agreement with Compass, rather than cash open-market purchases or sales.