Opendoor (OPEN) CLO reports tax-withholding on vested RSU shares

Filing Impact

(Very High)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Opendoor Technologies Inc. Chief Legal Officer Sydney Schaub reported routine compensation-related share dispositions to cover taxes on vested restricted stock units. On September 15, 2025, 101,597 shares of common stock were withheld at $9.07 per share. On October 15, 2025, 16,459 shares were withheld at $7.64 per share. These were tax-withholding dispositions, not open-market sales, and Schaub held 1,329,422 Opendoor shares directly after the October transaction.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Schaub Sydney

Role Chief Legal Officer

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	16,459	$7.64	$126K
Tax Withholding	Common Stock	101,597	$9.07	$921K

Holdings After Transaction: Common Stock — 1,329,422 shares (Direct)

Footnotes (1)

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Key Figures

Tax-withheld shares Sep 15 2025: 101,597 shares at $9.07 Tax-withheld shares Oct 15 2025: 16,459 shares at $7.64 Total tax-withholding shares: 118,056 shares +1 more

4 metrics

Tax-withheld shares Sep 15 2025 101,597 shares at $9.07 Common stock withheld for tax obligations on RSU vesting September 15, 2025

Tax-withheld shares Oct 15 2025 16,459 shares at $7.64 Common stock withheld for tax obligations on RSU vesting October 15, 2025

Total tax-withholding shares 118,056 shares Aggregate shares withheld for tax in reported transactions

Shares held after latest transaction 1,329,422 shares Direct Opendoor common stock holdings following October 15, 2025 withholding

Key Terms

restricted stock units, tax withholding obligations, Form 4

3 terms

restricted stock units financial

"in connection with the vesting of certain restricted stock units that were previously reported"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

tax withholding obligations financial

"Represents shares withheld to satisfy tax withholding obligations in connection with the vesting"

Form 4 regulatory

"restricted stock units that were previously reported in Table I."

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

Form 4 Insider Transactions: What Each Field Means →

04/17/2026 - 04:31 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Schaub Sydney

(Last)

(First)

(Middle)

1295 WEST WASHINGTON STREET, SUITE 115

(Street)

TEMPE

ARIZONA

85288

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Opendoor Technologies Inc. [ OPEN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Chief Legal Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/15/2025

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	09/15/2025		F⁽¹⁾		101,597	D	$9.07	1,345,881	D
Common Stock	10/15/2025		F⁽¹⁾		16,459	D	$7.64	1,329,422	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Represents shares withheld to satisfy tax withholding obligations in connection with the vesting of certain restricted stock units that were previously reported in Table I.

Remarks:

Exhibit List: Exhibit 24 - Power of Attorney

	/s/ Rishi Kotiya, Attorney-in-fact	04/17/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did Opendoor (OPEN) executive Sydney Schaub report in this Form 4?

Sydney Schaub, Chief Legal Officer of Opendoor, reported shares withheld to cover taxes on vested restricted stock units. These Form 4 entries reflect compensation-related tax-withholding transactions, not open-market stock sales or purchases, and are common when restricted stock units vest for senior executives.

How many Opendoor (OPEN) shares were withheld for taxes in these transactions?

The filing shows a total of 118,056 Opendoor common shares withheld for tax obligations. This includes 101,597 shares on September 15, 2025 and 16,459 shares on October 15, 2025, all tied to the vesting of previously granted restricted stock units.

Were these Opendoor (OPEN) Form 4 transactions open-market sales by Sydney Schaub?

No. Both transactions are coded “F” and described as payments of tax liability by delivering securities. The footnote clarifies the shares were withheld to satisfy tax obligations upon vesting of restricted stock units, rather than discretionary open-market sales of Opendoor stock.

How many Opendoor (OPEN) shares does Sydney Schaub hold after these tax withholdings?

After the October 15, 2025 tax-withholding transaction, Sydney Schaub directly held 1,329,422 shares of Opendoor common stock. This figure reflects her remaining direct ownership position reported in the Form 4 following the most recent restricted stock unit vesting-related withholding.

What does transaction code “F” mean in this Opendoor (OPEN) Form 4?

Transaction code “F” indicates a payment of exercise price or tax liability by delivering securities. In this case, the Form 4 notes shares were withheld to meet tax withholding obligations when restricted stock units vested, rather than representing open-market sales or purchases of Opendoor shares.