Opendoor (NASDAQ: OPEN) CEO Kasra Nejatian makes 100,000-share open-market buy
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Opendoor Technologies Inc. director and Chief Executive Officer Kasra Nejatian reported an open-market purchase of the company’s common stock. He bought 100,000 shares at an average price of $4.878 per share on May 11, 2026, in a transaction classified as a direct ownership purchase.
Following this transaction, Nejatian directly owns 83,578,299 common shares. The footnote states that the trade was executed in the open market in accordance with Opendoor’s Insider Trading and Trading Window Policy, indicating the transaction complied with the company’s internal trading rules.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 100,000 shares ($487,800)
Net Buy
1 txn
Insider
Nejatian Kasra
Role
Chief Executive Officer
Bought
100,000 shs ($488K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 100,000 | $4.878 | $488K |
Holdings After Transaction:
Common Stock — 83,578,299 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares purchased: 100,000 shares
Purchase price: $4.878 per share
Post-transaction holdings: 83,578,299 shares
+1 more
4 metrics
Shares purchased
100,000 shares
Open-market buy on May 11, 2026
Purchase price
$4.878 per share
Average price for common stock purchase
Post-transaction holdings
83,578,299 shares
Common stock directly owned after transaction
Net share change
100,000 shares
Net-buy direction per transaction summary
Key Terms
open-market purchase, Insider Trading and Trading Window Policy, Common Stock, direct ownership
4 terms
open-market purchase financial
"Reflects an open market purchase of shares of the Issuer's common stock"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
Insider Trading and Trading Window Policy regulatory
"in accordance with the Issuer's Insider Trading and Trading Window Policy"
Common Stock financial
"Reflects an open market purchase of shares of the Issuer's common stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
direct ownership financial
"total_shares_following_transaction ... ownership_type": "direct""
FAQ
What did Opendoor (OPEN) CEO Kasra Nejatian report in this Form 4?
Kasra Nejatian reported an open-market purchase of Opendoor common stock. He bought 100,000 shares on May 11, 2026 at an average price of $4.878 per share, increasing his directly held stake to 83,578,299 shares.
What are Kasra Nejatian’s Opendoor (OPEN) holdings after the reported trade?
After the reported transaction, Kasra Nejatian directly owns 83,578,299 shares of Opendoor common stock. This figure reflects his direct ownership position immediately following the 100,000-share open-market purchase disclosed in the Form 4 filing.
Does this Opendoor (OPEN) Form 4 mention any trading plan for the CEO’s purchase?
The Form 4 footnote states the purchase was made in accordance with Opendoor’s Insider Trading and Trading Window Policy. It does not reference any separate Rule 10b5-1 trading plan in the provided excerpt of the filing.