[Form 3] Opendoor Technologies Inc. Initial Statement of Beneficial Ownership
Keith Rabois filed an initial Form 3 reporting beneficial ownership of 615,409 shares of Opendoor Technologies, Inc. (OPEN). The filing lists Rabois as a director and indicates the event date requiring the statement was 09/10/2025. The Form 3 was signed by an attorney-in-fact on 09/19/2025. No derivative securities or additional transaction details are disclosed.
- Initial disclosure filed for a director, increasing transparency about insider holdings
- Clear share count provided: 615,409 shares beneficially owned (direct ownership)
- None.
Insights
TL;DR: Routine disclosure of director share ownership; confirms beneficial stake and timely filing by representative.
The Form 3 is a standard initial disclosure that notifies the market of a director's equity stake. It lists 615,409 shares owned directly and identifies the reporting person as a director. The filing was executed via power of attorney, which is common for administrative filings. There are no derivative holdings or additional governance changes noted.
TL;DR: Informational only; provides a precise share count but no transaction or timing details affecting valuation.
This disclosure supplies a concrete ownership figure for modeling insider ownership but contains no purchase price, acquisition date, or sale activity. Without transaction detail or derivative positions, the filing has limited immediate impact on valuation or liquidity analysis beyond updating insider ownership metrics.