Opendoor director receives RSU award worth $92,500
Rabois Keith reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Rabois Keith reported acquisition or exercise transactions in this Form 4 filing.
Opendoor Technologies Inc. director Keith Rabois received a grant of 14,679 restricted stock units (RSUs) of common stock as a non-cash board retainer. The award was issued in lieu of retainer fees of $92,500.00 under the company’s Non-Employee Director Compensation Policy.
The RSUs vest in four substantially equal installments on the last trading day of each quarter in 2026, as long as Rabois continues serving as a non-employee director through each vesting date. After this grant, he directly holds 630,088 shares of Opendoor common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 14,679 | $0.00 | $0.00 |
Footnotes (1)
- F1. These restricted stock units ("RSUs") were issued to the Reporting Person pursuant to the Issuer's Non-Employee Director Compensation Policy in lieu of retainer fees of $92,500.00. The RSUs vest in four substantially equal installments on the last trading day in each quarter occurring during 2026 subject to the Reporting Person's continued service to the Issuer as a non-employee director through the applicable vesting date.
FAQ
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What did Opendoor (OPEN) director Keith Rabois report in this Form 4?
How many Opendoor RSUs did Keith Rabois receive and what is their value?
What is the vesting schedule for Keith Rabois’ new Opendoor RSUs?
Why did Opendoor grant RSUs instead of cash fees to Keith Rabois?
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