Anywhere Real Estate (NYSE: HOUS) director reports Compass merger share swap
Rhea-AI Filing Summary
Anywhere Real Estate Inc. director Chris Terrill reported the automatic disposition of 169,019 shares of Company common stock on January 9, 2026 in connection with the completion of the merger with Compass, Inc. Under the merger agreement, Velocity Merger Sub, Inc., a Compass subsidiary, merged into Anywhere Real Estate, which now operates as a wholly owned subsidiary of Compass.
Each share of Anywhere Real Estate common stock outstanding immediately before the effective time of the merger was converted into the right to receive 1.436 shares of Compass class A common stock, plus cash instead of any fractional Compass shares. In addition, each outstanding RSU tied to Anywhere Real Estate stock was canceled and replaced with an RSU covering Compass shares based on the same 1.436 exchange ratio.
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FAQ
What insider transaction did Anywhere Real Estate (HOUS) report for Chris Terrill?
Director Chris Terrill reported the disposition of 169,019 shares of Anywhere Real Estate common stock on January 9, 2026. The shares were not sold for cash but converted as part of the merger with Compass, Inc., and the post-transaction holding in Company common stock is shown as zero.
How were Anywhere Real Estate (HOUS) shares exchanged in the Compass merger?
Under the merger agreement, each outstanding share of Anywhere Real Estate common stock 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 any fractional Compass shares.
What happened to Anywhere Real Estate (HOUS) RSU awards in the merger with Compass?
At the effective time of the merger, each outstanding RSU award tied to Anywhere Real Estate stock was canceled and converted into an RSU award in respect of Compass shares. The number of Compass shares covered equals the number of Company shares previously subject to the RSU multiplied by the 1.436 exchange ratio.
What structural change occurred to Anywhere Real Estate (HOUS) as part of the Compass merger?
Velocity Merger Sub, Inc., a wholly owned subsidiary of Compass, Inc., merged with and into Anywhere Real Estate Inc.. After this transaction, Anywhere Real Estate survived the merger as a wholly owned subsidiary of Compass.
Did Chris Terrill’s Form 4 transaction involve a Rule 10b5-1 trading plan?
The form includes a checkbox for indicating transactions made under a Rule 10b5-1(c) trading plan. The excerpt provided does not show that this box was checked, and the transaction is described as occurring pursuant to the merger agreement, not as an open-market trade.