OPEN Form 3: Nejatian Kasra Files Initial Statement Showing Zero Holdings

Rhea-AI Filing Summary

Opendoor Technologies, Inc. (OPEN) Form 3 initial disclosure for reporting person Nejatian Kasra. The filing lists Mr. Kasra's address in Tempe, AZ and reports his roles as Director and Chief Executive Officer. The event date requiring the statement is 09/15/2025. The form indicates it was filed by one reporting person and explicitly states no securities are beneficially owned. The filing includes an Exhibit (Power of Attorney) and is signed by an attorney-in-fact on 09/17/2025.

Insights

Securities Compliance Analyst

TL;DR: A routine Form 3 disclosing officer/director status with no beneficial ownership reported.

This Form 3 documents that Nejatian Kasra, identified as both a director and the Chief Executive Officer of Opendoor Technologies, filed an initial Section 16 report for the 09/15/2025 event date and declared no beneficial ownership of securities. The filing appears procedural: it provides the reporting persons address, the dual relationship to the issuer, and a power of attorney exhibit. For compliance, the key point is the explicit statement of zero beneficial holdings, which establishes the starting public record for future Section 16 reports.

Corporate Governance Specialist

TL;DR: Administrative disclosure confirming officer/director status with no immediate ownership implications.

The document is an initial filing that records Mr. Kasras position as Director and CEO and notes that the Form was filed by one reporting person. Because the filer reports no securities beneficially owned, there are no disclosed holdings, options, or derivative positions to evaluate. This limits immediate governance or compensation analysis until subsequent filings disclose any grants or purchases.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Nejatian Kasra

(Last) (First) (Middle)

410 N. SCOTTSDALE ROAD, SUITE 1000

(Street)

TEMPE AZ 85288

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
09/15/2025

3. Issuer Name and Ticker or Trading Symbol
Opendoor Technologies Inc. [ OPEN ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

Remarks:

Exhibit 24.1 - Power of Attorney

No securities are beneficially owned.

	/s/ Sydney Schaub, Attorney-in-fact	09/17/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What does the Form 3 filed for OPEN by Nejatian Kasra report?

The Form 3 reports Mr. Kasras roles as Director and Chief Executive Officer and explicitly states no securities are beneficially owned as of the 09/15/2025 event date.

When is the event date and when was the Form 3 signed for OPEN?

The event date requiring the statement is 09/15/2025 and the form is signed by an attorney-in-fact on 09/17/2025.

Does the Form 3 disclose any stock, options, or derivative holdings for OPEN?

No. The filing explicitly states no securities are beneficially owned and includes no entries in Table I or Table II.

Was the Form 3 filed jointly or by a single reporting person?

The filing indicates it was filed by one reporting person (not jointly).