Opendoor Technologies Inc. SEC Filings

Form 144 notice for Opendoor Technologies, Inc. (OPEN) reports an intended sale of 74,102 shares of Common Stock through broker Tourmaline Partners, LLC on or about 09/23/2025 on Nasdaq. The filing lists an aggregate market value of $525,383.18 and total shares outstanding of 742,119,598. The shares were acquired on 10/04/2021 by LBIT 2002 LLC in a distribution-in-kind from SV Angel V, L.P., and the nature of payment is documented as Distribution-in-Kind. The filer certifies no undisclosed material adverse information and reports no sales in the past three months.

Opendoor Technologies, Inc. (OPEN) Form 144 notice shows a proposed sale of 11,355,200 shares of common stock to be executed on 09/22/2025 on Nasdaq with an aggregate market value of $95,156,576. The filing lists the seller's acquisition history for those shares, including private placement purchases and conversion of equity from Opendoor Labs, with acquisition dates from 12/18/2020 through 09/14/2021. It reports 742,119,598 shares outstanding, and discloses a related sale on 09/12/2025 of 10,874,000 shares that generated $100,014,702.40 in gross proceeds. The filer certifies no undisclosed material adverse information.

Keith Rabois filed an initial Form 3 reporting beneficial ownership of 615,409 shares of Opendoor Technologies, Inc. (OPEN). The filing lists Rabois as a director and indicates the event date requiring the statement was 09/10/2025. The Form 3 was signed by an attorney-in-fact on 09/19/2025. No derivative securities or additional transaction details are disclosed.

Opendoor Technologies Inc. appointed Christy Schwartz as interim Chief Financial Officer, effective September 30, 2025, following the departure of current CFO Selim Freiha effective September 19, 2025. Schwartz previously served as Opendoor’s interim CFO from December 2022 to November 2024 and as Chief Accounting Officer from March 2021 to May 2025.

Under her offer letter dated September 18, 2025, Schwartz will receive an annual base salary of $1,200,000 and an award of 400,641 restricted stock units, vesting in three equal installments on November 15, 2025, February 15, 2026, and May 15, 2026. If her employment ends under specified conditions, she is entitled to a lump-sum cash payment to true up her salary to $1,200,000 and accelerated vesting of any unvested RSUs.

Opendoor Technologies Inc. reporting person Kasra Nejatian received three inducement restricted stock unit awards on 09/15/2025, disclosed on Form 4. The filings show: an award of 40,886,344 RSUs that vest over five years with 20% first-year vesting and subsequent quarterly vesting tied to an average closing price hurdle of $6.24; a second award of 40,886,344 RSUs vesting in seven performance- and time-based tranches with price hurdles at $9, $13, $17, $21, $25, $29 and $33; and a third award of 1,580,611 RSUs scheduled to vest in full on June 15, 2026. The Form shows total beneficial ownership following the reported transactions of 83,353,299 shares.

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.

Opendoor Technologies Inc. filed a current report describing how it shares important information with investors and outlining a planned expansion of its real estate services. The company highlights that material updates may be posted on its website, press releases, SEC filings, blogs, community hub, and social media channels, including the X accounts of its Chief Executive Officer (@CanadaKaz) and @Opendoor.

Opendoor states that it intends to expand its product offerings so it can provide services across the entire continental United States in the coming weeks. These services may be delivered through direct cash offers, its cash plus product, or by working with partner agents to provide listing services. The report also includes extensive cautionary language that these plans are forward-looking and subject to economic, housing market, financing, operational, regulatory and other risks described in its annual and quarterly reports.

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.