Opendoor (OPEN) director Keith Rabois granted 41,667 RSUs in equity award
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
Net Buyer: 41,667 shares
Net Buy
1 txn
Insider
Rabois Keith
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 41,667 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 671,755 shares (Direct)
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
RSU grant size: 41,667 shares
Grant price per share: $0.0000 per share
Total shares after transaction: 671,755 shares
+1 more
4 metrics
RSU grant size
41,667 shares
Restricted stock units granted on June 11, 2026
Grant price per share
$0.0000 per share
Reported transaction price for RSU award
Total shares after transaction
671,755 shares
Direct Opendoor common stock holdings after grant
RSU vesting deadline
June 11, 2027
Latest vesting date, or earlier at next annual meeting
Key Terms
restricted stock unit ("RSU"), time-based vesting, non-employee director compensation policy
3 terms
restricted stock unit ("RSU") financial
"Represents an equal number of restricted stock unit ("RSU") award granted"
time-based vesting financial
"awarded ... pursuant to the Issuer's non-employee director compensation policy and subject to time-based vesting"
Time-based vesting is a schedule that gives employees or contractors ownership of granted stock or options gradually as they remain with a company, like unlocking rewards in a loyalty program the longer you stick around. For investors, it matters because it affects future share supply, management incentives and staff retention — all of which can influence company performance and dilution of existing shareholders.
non-employee director compensation policy financial
"award granted to the Reporting Person pursuant to the Issuer's non-employee director compensation policy"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Opendoor (OPEN) director Keith Rabois report in this Form 4?
Keith Rabois reported receiving 41,667 restricted stock units (RSUs) of Opendoor Technologies common stock. The grant was made under the company’s non-employee director compensation policy and reflects an equity-based compensation award rather than an open-market stock purchase or sale.
How many Opendoor RSUs were granted to Keith Rabois and at what price?
Keith Rabois was granted 41,667 restricted stock units (RSUs) of Opendoor common stock at a reported price of $0.0000 per share. This indicates a compensation award, where no cash payment is required from the director to receive the underlying shares upon vesting.
When do Keith Rabois’s newly granted Opendoor RSUs vest?
The RSUs granted to Keith Rabois fully vest on the earlier of Opendoor’s next annual meeting of stockholders or June 11, 2027. Vesting is conditioned on his continued service as a non-employee director through the applicable vesting date specified in the award terms.
What is Keith Rabois’s Opendoor common stock ownership after this transaction?
After the RSU grant, Keith Rabois directly holds 671,755 shares of Opendoor common stock. This total reflects his updated ownership position reported in the Form 4 and includes the impact of the 41,667-share restricted stock unit award described in the filing.
What does each Opendoor RSU granted to Keith Rabois represent?
Each restricted stock unit (RSU) granted to Keith Rabois represents a contingent right to receive one share of Opendoor common stock. The units convert into actual shares only when the time-based vesting conditions are satisfied, assuming he remains a non-employee director.
Is Keith Rabois’s Opendoor RSU grant tied to his role as a non-employee director?
Yes. The 41,667 RSU award was granted pursuant to Opendoor’s non-employee director compensation policy. The RSUs vest only if Keith Rabois continues serving as a non-employee director through the earlier of the next annual stockholder meeting or June 11, 2027.