Opendoor (NASDAQ: OPEN) director receives 41,667 RSU award as compensation

Rhea-AI Filing Summary

Opendoor Technologies Inc. director David C. Benson received a grant of 41,667 restricted stock units as part of the non-employee director compensation program. Each RSU converts into one share of common stock, vesting at the earlier of the next annual stockholder meeting or June 11, 2027, subject to his continued board service. After this award, he directly holds 220,099 shares. Benson has elected to defer receipt of the shares deliverable upon vesting under the company’s deferral election program.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Benson David C

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	41,667	$0.00	--

Holdings After Transaction: Common Stock — 220,099 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

RSU grant size: 41,667 units Price per RSU: $0.00 per unit Total shares after transaction: 220,099 shares +1 more

4 metrics

RSU grant size 41,667 units Restricted stock units granted on June 11, 2026

Price per RSU $0.00 per unit Equity compensation, not an open-market purchase

Total shares after transaction 220,099 shares Direct holdings following RSU grant

Vesting outside date June 11, 2027 RSUs vest by this date if no earlier annual meeting

Key Terms

restricted stock unit ("RSU"), time-based vesting, contingent right, deferral election

4 terms

restricted stock unit ("RSU") financial

"Represents an equal number of restricted stock unit ("RSU") award granted to the Reporting Person"

time-based vesting financial

"RSU award granted to the Reporting Person pursuant to the Issuer's non-employee director compensation policy and subject to time-based vesting"

Time-based vesting is a schedule that gives employees or contractors ownership of granted stock or options gradually as they remain with a company, like unlocking rewards in a loyalty program the longer you stick around. For investors, it matters because it affects future share supply, management incentives and staff retention — all of which can influence company performance and dilution of existing shareholders.

contingent right financial

"Each RSU represents a contingent right to receive one share of the Issuer's common stock"

deferral election financial

"The Reporting Person has elected to defer the receipt of the shares underlying the RSUs upon vesting of the RSUs in accordance with a deferral election provided by the Issuer"

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Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

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

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Benson David C

(Last) (First) (Middle)

1295 WEST WASHINGTON STREET, SUITE 115

(Street)

TEMPE ARIZONA 85288

(City) (State) (Zip)

UNITED STATES

(Country)

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

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/11/2026

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

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

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

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/11/2026		A		41,667(1)	A	$0	220,099	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents an equal number of restricted stock unit ("RSU") award granted to the Reporting Person pursuant to the Issuer's non-employee director compensation policy and subject to time-based vesting. Each RSU represents a contingent right to receive one share of the Issuer's common stock. The RSUs fully vest on the earlier to occur of (a) the date of the Issuer's next annual meeting of stockholders or (b) June 11, 2027, in each case subject to the Reporting Person's continued service to the Issuer as a non-employee director through the applicable vesting date. The Reporting Person has elected to defer the receipt of the shares underlying the RSUs upon vesting of the RSUs in accordance with a deferral election provided by the Issuer.

Remarks:

	/s/ Christina Schwartz, Attorney-in-fact	06/15/2026
	** 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 4 (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.
* Form 4: SEC 1474 (03-26)

FAQ

What did Opendoor (OPEN) director David C. Benson report in this Form 4?

Director David C. Benson reported receiving 41,667 restricted stock units as part of Opendoor’s non-employee director compensation. Each RSU represents a right to receive one share of common stock, subject to vesting conditions tied to his continued board service.

How many Opendoor (OPEN) shares does David C. Benson hold after this transaction?

After this RSU award, David C. Benson beneficially owns 220,099 shares of Opendoor common stock directly. This figure includes the impact of the newly granted restricted stock units reported in the Form 4 insider transaction filing for June 11, 2026.

What are the vesting terms of David C. Benson’s new Opendoor RSU grant?

The 41,667 restricted stock units fully vest on the earlier of Opendoor’s next annual stockholder meeting or June 11, 2027. Vesting is conditioned on Benson continuing to serve as a non-employee director through the applicable vesting date specified in the compensation policy.

What does each Opendoor RSU granted to David C. Benson represent?

Each restricted stock unit granted to David C. Benson represents a contingent right to receive one share of Opendoor common stock. Actual share delivery occurs once the RSUs vest in line with the time-based vesting schedule described in the company’s director compensation program.

Did David C. Benson pay cash for the Opendoor (OPEN) RSUs reported in the Form 4?

No cash was paid for these RSUs; the Form 4 lists the price per share as $0.00. The 41,667 restricted stock units were granted as equity compensation under Opendoor’s non-employee director compensation policy rather than an open-market purchase.

Has David C. Benson deferred receipt of his Opendoor RSU shares?

Yes. Benson elected to defer receipt of the shares underlying the RSUs once they vest. This deferral follows a deferral election offered by Opendoor, so shares will be delivered at a later time instead of immediately upon vesting.