Opendoor Technologies (OPEN) director granted 41,667 RSUs as equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Wu Eric Chung-Wei reported acquisition or exercise transactions in this Form 4 filing.
Opendoor Technologies Inc. director Eric Chung-Wei Wu received a grant of 41,667 restricted stock units (RSUs) on June 11, 2026 under the company’s non-employee director compensation policy. The RSUs vest based on time and will fully vest on the earlier of the next annual stockholder meeting or June 11, 2027, subject to his continued board service. Following this award, Wu directly holds 1,992,303 shares of Opendoor common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Wu Eric Chung-Wei
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 41,667 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 1,992,303 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 41,667 units
Grant price: $0.00 per unit
Post-grant holdings: 1,992,303 shares
+1 more
4 metrics
RSU grant size
41,667 units
Restricted stock units granted on June 11, 2026
Grant price
$0.00 per unit
Reported transaction price per RSU
Post-grant holdings
1,992,303 shares
Total common shares directly owned after transaction
Vesting date latest
June 11, 2027
Latest possible full vesting date for RSUs
Key Terms
restricted stock unit ("RSU"), time-based vesting, non-employee director compensation policy
3 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.
non-employee director compensation policy financial
"RSU award granted to the Reporting Person pursuant to the Issuer's non-employee director compensation policy"
FAQ
What did Opendoor Technologies (OPEN) director Eric Wu report in this Form 4?
Director Eric Chung-Wei Wu reported receiving a grant of 41,667 restricted stock units in Opendoor Technologies Inc. The award is part of the non-employee director compensation program and increases his direct holdings to 1,992,303 shares of common stock.
How many Opendoor (OPEN) RSUs were granted to director Eric Wu and at what price?
Eric Wu was granted 41,667 restricted stock units of Opendoor common stock at a price of $0.00 per unit. RSU grants are typically compensation awards that convert into shares over time rather than open-market purchases for cash.
When do Eric Wu’s Opendoor (OPEN) RSUs vest according to the Form 4 filing?
The 41,667 RSUs fully vest on the earlier of Opendoor’s next annual meeting of stockholders or June 11, 2027. Vesting is subject to Wu’s continued service as a non-employee director through the applicable vesting date, reflecting standard time-based vesting terms.
Is Eric Wu’s Opendoor (OPEN) RSU award a market trade or compensation grant?
The Form 4 classifies Eric Wu’s 41,667-unit transaction as a grant or award acquisition, not an open-market trade. It is compensation under Opendoor’s non-employee director policy, with RSUs converting into shares only as they vest over time.