Opendoor Technologies Inc SEC Filings

Opendoor Technologies, Inc. (OPEN) Form 3 initial disclosure for reporting person Nejatian Kasra. The filing lists Mr. Kasra's address in Tempe, AZ and reports his roles as Director and Chief Executive Officer. The event date requiring the statement is 09/15/2025. The form indicates it was filed by one reporting person and explicitly states no securities are beneficially owned. The filing includes an Exhibit (Power of Attorney) and is signed by an attorney-in-fact on 09/17/2025.

Access Industries affiliates and Len Blavatnik report amended holdings in Opendoor Technologies Inc. (Common Stock). Together the reporting persons disclose beneficial ownership of 42,724,914 shares, representing 5.76% of the 742,119,598 shares outstanding (including 6,165,412 shares issued in a private placement on September 10, 2025). AI LiquidRE LLC directly owns 42,650,812 shares (5.75%). On September 12, 2025 AI LiquidRE sold 10,874,000 shares in open-market transactions at a weighted average price of $9.1976 per share (prices ranged $8.7650–$9.7650). The filing also notes the retirement of director Pueo Keffer effective September 10, 2025.

Opendoor Technologies Inc. (OPEN) director Eric Chung-Wei Wu purchased 451,127 shares on 09/11/2025 at $6.65 per share, increasing his beneficial ownership to 1,649,884 shares. The stock was acquired under a Stock Purchase Agreement in an offering exempt from registration under Section 4(a)(2) and Regulation D; the shares are restricted and subject to transfer limitations until registered or otherwise eligible for resale. The Form 4 was signed by an attorney-in-fact on 09/15/2025.

Opendoor Technologies announced leadership and board changes. Kaz Nejatian will become Chief Executive Officer and a Class II director, effective as soon as reasonably practicable and no later than October 7, 2025, for a term expiring at the 2028 annual meeting. Shrisha Radhakrishna will cease serving as interim principal executive officer upon Mr. Nejatian’s start. The company and its subsidiary entered into an offer letter with Mr. Nejatian; the filing states there are no related person transactions requiring disclosure. Directors Glenn Solomon and Pueo Keffer resigned effective September 6 and September 10, 2025, respectively; following these resignations the board size was set to six until Mr. Nejatian’s appointment increases it to seven. The board named Eric Feder Chair of the Compensation Committee and David Benson Chair of the Audit and Risk Committee, and accelerated vesting of Mr. Keffer’s RSUs that had been scheduled to vest by mid-2026. The company also disclosed a press release regarding PIPE transactions, director elections, and the CEO appointment, furnished as Exhibit 99.1.

Opendoor Technologies (OPEN) filed a Form 144/A giving notice of a proposed sale of 7,000,000 common shares through Morgan Stanley Smith Barney LLC on the NASDAQ with an aggregate market value of $34,951,350.00 and an approximate sale date of 09/02/2025. The filing reports 735,954,186 shares outstanding for the issuer.

The securities being offered were acquired on 09/15/2021 as restricted stock vesting under a registered plan and were paid for on that same date. The filer certifies they do not possess undisclosed material adverse information about the issuer and includes the standard attestation language required by the form.

Opendoor Technologies Inc (OPEN) submitted a Form 144 notice reporting a proposed sale of 700,000 common shares through Morgan Stanley Smith Barney LLC, with an aggregate market value of $3,502,050.00. The filing states the shares were acquired on 09/15/2021 via restricted stock vesting under a registered plan and that payment (if any) was recorded as Not Applicable. The filing lists 735,954,186 shares outstanding and an approximate sale date of 09/02/2025 on Nasdaq. The filer reported no securities sold in the past three months and attests they are not aware of undisclosed material adverse information about the issuer.

Opendoor announced the Board appointed Shrisha Radhakrishna as President and interim principal executive officer. His annual base salary was increased to $700,000, his target annual cash bonus remains 50% of base salary with a $500,000 minimum for 2025, and he will receive a one-time cash retention bonus of $250,000. He remains a Tier 1 participant in the company Executive Severance Plan. The company disclosed Mr. Radhakrishna purchased 30,000 shares on the open market and three executives terminated prior 10b5-1 sale plans.

Radhakrishna Shrisha, President of Opendoor Technologies Inc. (OPEN), reported two open-market purchases of the company's common stock on 08/28/2025. He acquired 28,400 shares at $4.27 and 1,600 shares at $4.42, for a total of 30,000 shares bought that day. Following these transactions the filing shows beneficial ownership of 4,280,000 shares. The purchases are described as made pursuant to the issuer's Insider Trading and Trading Window Policy. The Form 4 was signed on behalf of the reporting person by an attorney-in-fact.