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Opendoor Technologies insider awarded 400,641 RSUs of common stock

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Opendoor Technologies Inc. (OPEN) reported that its Interim Chief Financial Officer, Christina Schwartz, received an award of 400,641 restricted stock units (RSUs) of common stock on 11/11/2025. The RSUs were granted at a price of $0 and are subject to time-based vesting. One-third of the RSUs will vest on November 15, 2025, one-third on February 15, 2026, and one-third on May 15, 2026. Following this grant, the reporting person beneficially owns 602,413 shares of Opendoor common stock held directly.

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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*
Schwartz Christina

(Last) (First) (Middle)
410 N. SCOTTSDALE ROAD, SUITE 1000

(Street)
TEMPE AZ 85288

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Opendoor Technologies Inc. [ OPEN ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
See Remarks
3. Date of Earliest Transaction (Month/Day/Year)
11/11/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 11/11/2025 A 400,641(1)(2) A $0 602,413 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. Preliminary information about the grant was disclosed in the Current Report on Form 8-K filed by the Company with the Securities and Exchange Commission on September 19, 2025.
2. Represents an award of 400,641 restricted stock units ("RSUs") subject to time-based vesting. Each RSU represents a contingent right to receive one share of the Issuer's common stock. One-third of the total number of RSUs will vest on November 15, 2025, one-third of the total number of RSUs will vest on February 15, 2026, and one-third of the total number of RSUs will vest on May 15, 2026.
Remarks:
Officer Title: Interim Chief Financial Officer
/s/ Christina Schwartz 11/13/2025
** 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.

FAQ

What insider transaction did Opendoor (OPEN) report in this Form 4?

Opendoor reported that Interim Chief Financial Officer Christina Schwartz received a grant of 400,641 restricted stock units (RSUs) of Opendoor common stock on 11/11/2025.

What are the vesting terms of the 400,641 RSUs granted by Opendoor (OPEN)?

The 400,641 RSUs vest in three equal installments: one-third on November 15, 2025, one-third on February 15, 2026, and one-third on May 15, 2026.

What position does the reporting person hold at Opendoor Technologies Inc. (OPEN)?

The reporting person, Christina Schwartz, is identified as Opendoor's Interim Chief Financial Officer.

At what price were the Opendoor (OPEN) RSUs granted in this Form 4?

The 400,641 RSUs of Opendoor common stock were granted at a price of $0, reflecting a stock-based compensation award rather than an open-market purchase.

How many Opendoor (OPEN) shares does the insider beneficially own after this RSU grant?

After the reported RSU grant, the reporting person beneficially owns 602,413 shares of Opendoor common stock, held directly.

Was this Opendoor (OPEN) Form 4 filed for one or multiple reporting persons?

The Form 4 indicates it was filed by one reporting person, covering the holdings and award to Christina Schwartz.

Opendoor Technologies Inc

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