Opendoor director receives 41,667-share RSU grant
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 director Keith Rabois received an equity grant of 41,667 shares of common stock in the form of restricted stock units (RSUs). The award was granted under the company’s non-employee director compensation policy at no cash cost per share.
Each RSU represents a right to receive one share of Opendoor common stock, subject to time-based vesting. The RSUs fully vest on the earlier of the company’s next annual meeting of stockholders or June 11, 2027, provided Rabois continues serving as a non-employee director through that date.
Following this grant, Rabois directly holds a total of 671,755 shares of Opendoor common stock, reflecting his updated ownership position after the award.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 41,667 | $0.00 | $0.00 |
Footnotes (1)
- F1. 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.
Key Figures
Key Terms
restricted stock unit ("RSU") financial
time-based vesting financial
non-employee director compensation policy financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Opendoor (OPEN) director Keith Rabois report in this Form 4?
How many Opendoor RSUs were granted to Keith Rabois and at what price?
When do Keith Rabois’s newly granted Opendoor RSUs vest?
What is Keith Rabois’s Opendoor common stock ownership after this transaction?
What does each Opendoor RSU granted to Keith Rabois represent?
Is Keith Rabois’s Opendoor RSU grant tied to his role as a non-employee director?
AI-generated analysis. How Rhea-AI works. Not financial advice.