STOCK TITAN

Opendoor Technologies (OPEN) director granted 41,667 RSUs as equity award

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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.

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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)
  1. [object Object]
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
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"
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SEC Form 4
FORM 4UNITED 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*
Wu Eric Chung-Wei

(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)
XDirector10% 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)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock06/11/2026A41,667(1)A$01,992,303D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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.
Remarks:
/s/ Christina Schwartz, Attorney-in-fact06/15/2026
** Signature of Reporting PersonDate
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 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.

How many Opendoor (OPEN) shares does Eric Wu own after this RSU grant?

After the RSU grant, Eric Wu directly holds 1,992,303 shares of Opendoor common stock. This figure represents his reported direct ownership following the award and helps investors gauge the scale of the compensation grant relative to his overall position.

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.