OPEN Form 144 Filed for 74,102 Shares — Brokered Sale on Nasdaq

Rhea-AI Filing Summary

Form 144 notice for Opendoor Technologies, Inc. (OPEN) reports an intended sale of 74,102 shares of Common Stock through broker Tourmaline Partners, LLC on or about 09/23/2025 on Nasdaq. The filing lists an aggregate market value of $525,383.18 and total shares outstanding of 742,119,598. The shares were acquired on 10/04/2021 by LBIT 2002 LLC in a distribution-in-kind from SV Angel V, L.P., and the nature of payment is documented as Distribution-in-Kind. The filer certifies no undisclosed material adverse information and reports no sales in the past three months.

Positive

• Full transactional disclosure: broker, share count, aggregate market value, acquisition date and method are provided
• No sales in prior three months reported, which clarifies aggregation for Rule 144 calculations
• Filer certification asserts no undisclosed material adverse information

Negative

• None.

Insights

Securities Compliance Analyst

TL;DR: Routine insider sale notice disclosing source, amount, and planned brokered sale; no recent sales reported.

The Form 144 is a standard required disclosure for proposed sales under Rule 144. It identifies the broker, the exact share count, aggregate market value, acquisition date and method (distribution-in-kind), and affirms the filer is not aware of undisclosed material adverse information. The filing also states there were no sales in the prior three months, which is relevant to aggregation rules under Rule 144.

Financial Reporting Specialist

TL;DR: This is a transactional disclosure without earnings or operational data; it informs market about a planned liquidity event.

The notice supplies necessary transactional detail: broker name and address, share amount, market value, outstanding share count, and acquisition history. There are no accompanying financial results or forward-looking statements. As a disclosure document, it provides transparency about a planned sale but contains no material financial impact analysis.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common Stock	Tourmaline Partners, LLC 680 Washington Boulevard 10th Floor Stamford CT 06901	74102	525383.18	742119598	09/23/2025	Nasdaq

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common Stock	10/04/2021	Shares received by LBIT 2002 LLC (for which Access Industries Management LLC is the sole manager) in a distribution-in-kind from SV Angel V, L.P.	SV Angel V, L.P.			74102	10/04/2021	Distribution-in-Kind

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the Form 144 filed for OPEN disclose?

The filing discloses an intended sale of 74,102 Opendoor common shares via Tourmaline Partners, LLC on or about 09/23/2025 on Nasdaq with aggregate market value $525,383.18.

When and how were the shares being sold acquired according to the filing?

The shares were acquired on 10/04/2021 by LBIT 2002 LLC in a distribution-in-kind from SV Angel V, L.P., as stated in the filing.

Does the Form 144 report any sales of OPEN shares in the past three months?

No. The section for securities sold during the past three months states Nothing to Report.

What is the total number of Opendoor shares outstanding listed in the filing?

The filing lists 742,119,598 shares outstanding.

Who is the broker named in the Form 144 for OPEN?

The broker named is Tourmaline Partners, LLC, with address shown in the filing as 680 Washington Boulevard, 10th Floor, Stamford, CT 06901.