Opendoor Technologies (NASDAQ: OPEN) 2026 annual meeting vote recap
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Opendoor Technologies Inc. reported the results of its 2026 Annual Meeting of Stockholders held on June 11, 2026. A total of 631,414,882 shares were represented, about 65.45% of outstanding common stock as of the April 16, 2026 record date, establishing a quorum.
Stockholders elected David Benson, Eric Feder, and Eric Wu as Class III directors for three-year terms ending at the 2029 annual meeting. Deloitte & Touche LLP was ratified as independent registered public accounting firm for the year ending December 31, 2026. Stockholders also approved, on an advisory basis, the compensation of the company’s named executive officers.
Positive
- None.
Negative
- None.
8-K Event Classification
Item 5.07 — Submission of Matters to a Vote of Security Holders
1 item
Item 5.07
Submission of Matters to a Vote of Security Holders
Governance
Results of a shareholder vote on proposals at an annual or special meeting.
Key Figures
Shares represented at meeting: 631,414,882 shares
Quorum percentage: 65.45%
Votes for David Benson: 376,193,698 votes
+3 more
6 metrics
Shares represented at meeting
631,414,882 shares
Shares present or by proxy at 2026 annual meeting
Quorum percentage
65.45%
Portion of outstanding common stock as of April 16, 2026 record date
Votes for David Benson
376,193,698 votes
Election as Class III director at 2026 annual meeting
Votes for Eric Wu
405,074,546 votes
Election as Class III director at 2026 annual meeting
Auditor ratification for votes
623,434,325 votes
For ratifying Deloitte & Touche LLP for fiscal year ending December 31, 2026
Say-on-pay for votes
243,135,496 votes
Advisory approval of named executive officer compensation
Key Terms
broker non-votes, advisory (non-binding) basis, named executive officers, independent registered public accounting firm, +1 more
5 terms
broker non-votes financial
"Nominees | For | Withhold | Broker Non-Votes"
Broker non-votes occur when a brokerage firm is unable to vote on a shareholder’s behalf during a company election or decision because the shareholder has not given specific voting instructions, and the broker is not allowed or chooses not to vote on certain matters. They are important because they can affect the outcome of votes, especially when the results are close, by effectively reducing the total number of votes cast.
advisory (non-binding) basis financial
"approved, on an advisory (non-binding) basis, the compensation of the Company's named executive officers"
named executive officers financial
"the compensation of the Company's named executive officers"
Named executive officers are the senior company leaders whose names, roles and compensation are singled out in required regulatory filings; this typically includes the chief executive, chief financial officer and the next highest‑paid senior officers. Investors treat this list like a team roster — it shows who makes key decisions, how they are paid and whether incentives align with shareholder interests, so changes or pay patterns can signal governance quality, risk or strategic shifts.
independent registered public accounting firm financial
"ratified Deloitte & Touche LLP as the Company’s independent registered public accounting firm"
An independent registered public accounting firm is an outside accounting company officially registered with the government regulator to examine and report on a public company's financial records and controls. Investors treat its reports like an impartial inspector’s certificate — they add credibility to financial statements, help spot errors or misleading claims, and reduce the risk that shareholders are relying on unchecked or biased numbers.
record date financial
"outstanding common stock as of April 16, 2026, the record date for the Meeting"
The record date is the specific day when a company determines which shareholders are eligible to receive a dividend or participate in an upcoming vote. It’s like a cutoff date; if you own the stock on that day, you get the benefits or voting rights. This date matters because it decides who qualifies for certain company benefits.
FAQ
What did Opendoor Technologies (OPEN) vote on at the 2026 annual meeting?
Stockholders voted on electing three Class III directors, ratifying Deloitte & Touche LLP as independent auditor for 2026, and approving, on an advisory basis, compensation for named executive officers. All three proposals received sufficient support to pass.
Did Opendoor Technologies stockholders ratify Deloitte & Touche LLP as auditor for 2026?
Yes. Deloitte & Touche LLP was ratified as Opendoor Technologies’ independent registered public accounting firm for the fiscal year ending December 31, 2026, with 623,434,325 votes for, 5,316,685 against, and 2,663,872 abstentions recorded at the meeting.
How did Opendoor Technologies stockholders vote on executive compensation in 2026?
Stockholders approved, on an advisory and non-binding basis, the compensation of Opendoor Technologies’ named executive officers. The vote recorded 243,135,496 shares for, 172,038,806 against, 1,785,360 abstentions, and 214,455,220 broker non-votes at the 2026 annual meeting.
What were the vote totals for Opendoor Technologies director nominees in 2026?
David Benson received 376,193,698 votes for and 40,765,964 withheld; Eric Feder received 350,242,087 for and 66,717,575 withheld; Eric Wu received 405,074,546 for and 11,885,116 withheld. Each nominee also had 214,455,220 broker non-votes recorded.