[Form 4] Opendoor Technologies Inc. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Opendoor Technologies Inc. Chief Financial Officer Christina Schwartz reported an open-market sale of 74,248 shares of common stock at a weighted average price of $4.3184 per share. According to the disclosure, this trade was executed under a Rule 10b5-1 "sell to cover" election solely to satisfy tax withholding obligations from the settlement of previously granted restricted stock awards, and is described as non-discretionary. After this transaction, Schwartz directly owned 3,844,214 shares of Opendoor common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 74,248 shares ($320,633)
Net Sell
1 txn
Insider
Schwartz Christina
Role
Chief Financial Officer
Sold
74,248 shs ($321K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 74,248 | $4.3184 | $321K |
Holdings After Transaction:
Common Stock — 3,844,214 shares (Direct)
Footnotes (1)
- This sale was effected pursuant to a Rule 10b5-1 "sell to cover" election made by the Reporting Person for the sole purpose to satisfy the Reporting Person's tax withholding obligation upon the settlement of previously granted restricted stock awards. This sale does not represent a discretionary trade by the Reporting Person. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.265 to $4.40 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 sold at each separate price at which the transactions were effected.