Opendoor Technologies COO reports zero beneficial ownership on Form 3
Rhea-AI Filing Summary
Opendoor Technologies Inc. (OPEN) filed an initial ownership report for its Chief Operating Officer. The filing states that, as of the reported event date of 11/05/2025, the reporting officer does not beneficially own any Opendoor securities. Both the non-derivative and derivative ownership tables are effectively blank, and the remarks section confirms that no securities are beneficially owned. The form is filed by a single reporting person and includes a power of attorney authorizing an attorney-in-fact to sign on the officer's behalf.
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FAQ
What does this Form 3 filing for Opendoor Technologies Inc. (OPEN) report?
This Form 3 reports the initial beneficial ownership of Opendoor Technologies Inc. securities by the company’s Chief Operating Officer and states that no securities are beneficially owned.
Who is the reporting person in this Opendoor (OPEN) Form 3?
The reporting person is an officer of Opendoor Technologies Inc., serving as the Chief Operating Officer, as indicated in the relationship section.
Does the Opendoor (OPEN) Chief Operating Officer own any company stock or derivatives according to this filing?
No. The remarks section explicitly states that no securities are beneficially owned, and both the non-derivative and derivative tables show no holdings.
What is the event date reported in this Opendoor Technologies (OPEN) Form 3?
The date of the event requiring this ownership statement is 11/05/2025, as disclosed in the filing.
Is this Opendoor (OPEN) Form 3 filed by one or multiple reporting persons?
The filing is marked as Form filed by One Reporting Person, meaning it covers only the Chief Operating Officer.
What is the purpose of the power of attorney mentioned in the Opendoor (OPEN) Form 3?
The remarks reference Exhibit 24 - Power of Attorney, which authorizes an attorney-in-fact to sign the Form 3 on behalf of the reporting officer.