Opendoor Technologies (NASDAQ: OPEN) CEO Kasra Nejatian adds 27,625 shares in open-market buy
Rhea-AI Filing Summary
Opendoor Technologies Inc. director and Chief Executive Officer Kasra Nejatian purchased 27,625 shares of common stock in an open-market transaction on 2026-08-14 at a weighted average price of about $3.62 per share, with individual trade prices ranging from $3.6150 to $3.6200. After this purchase, Nejatian directly holds 83,605,924 shares of Opendoor common stock. The transaction was executed in accordance with the company’s Insider Trading and Trading Window Policy and was not reported as made under a Rule 10b5-1 trading plan.
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Insights
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Insider Trade Summary
Net Buyer: 27,625 shares
Net Buy
1 txn
Insider
Nejatian Kasra
Role
Chief Executive Officer
Bought
27,625 shs ($100K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock F1, F2 | 27,625 | $3.62 | $100K |
Holdings After Transaction:
Common Stock — 83,605,924 shares (Direct)
Footnotes (2)
- F1. Reflects an open market purchase of shares of the Issuer's common stock by the Reporting Person in accordance with the Issuer's Insider Trading and Trading Window Policy.
- F2. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $3.6150 to $3.6200, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price at which the transactions were effected.
Key Figures
Shares purchased: 27,625 shares
Weighted average purchase price: $3.6200 per share
Price range of purchases: $3.6150–$3.6200 per share
+1 more
4 metrics
Shares purchased
27,625 shares
Open-market purchase on 2026-08-14
Weighted average purchase price
$3.6200 per share
Reported in Column 4 as weighted average
Price range of purchases
$3.6150–$3.6200 per share
Multiple transactions within this range
Shares owned after transaction
83,605,924 shares
Direct holdings following the purchase
Key Terms
weighted average price, Insider Trading and Trading Window Policy, Rule 10b5-1
3 terms
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Insider Trading and Trading Window Policy regulatory
"purchase of shares ... in accordance with the Issuer's Insider Trading and Trading Window Policy."
Rule 10b5-1 regulatory
"aff_10b5_one is the filing's document-level Rule 10b5-1 checkbox"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
FAQ
What did Opendoor Technologies (OPEN) CEO Kasra Nejatian buy in this Form 4 filing?
Kasra Nejatian bought 27,625 shares of Opendoor Technologies common stock. The open-market purchase occurred on 2026-08-14, increasing his direct holdings to 83,605,924 shares after the transaction.
Was the Opendoor (OPEN) CEO’s stock purchase under a Rule 10b5-1 trading plan?
No, the filing does not classify the trade as under a Rule 10b5-1 plan. A footnote states it was an open-market purchase under Opendoor’s Insider Trading and Trading Window Policy, and the 10b5-1 checkbox is not marked.
What does the weighted average price mean in the Opendoor (OPEN) Form 4 filing?
The reported $3.6200 is a weighted average across several trades. The CEO purchased shares in multiple transactions, with prices from $3.6150 to $3.6200, and has offered to provide exact breakdowns upon request.
AI-generated analysis. How Rhea-AI works. Not financial advice.