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Opendoor Technologies Inc: The Vanguard Group filed an Amendment No. 6 to its Schedule 13G/A reporting 0 shares beneficially owned of Opendoor common stock (CUSIP 683712103). The filing states Vanguard reorganized on January 12, 2026, after which certain subsidiaries report holdings separately; the holdings reported here are in the form of warrants.
The filing shows 0% ownership and zero voting and dispositive power across sole and shared categories. The report is signed by Ashley Grim on 03/27/2026.
Rabois Keith reported acquisition or exercise transactions in this Form 4 filing.
Opendoor Technologies Inc. director Keith Rabois received a grant of 14,679 restricted stock units (RSUs) of common stock as a non-cash board retainer. The award was issued in lieu of retainer fees of $92,500.00 under the company’s Non-Employee Director Compensation Policy.
The RSUs vest in four substantially equal installments on the last trading day of each quarter in 2026, as long as Rabois continues serving as a non-employee director through each vesting date. After this grant, he directly holds 630,088 shares of Opendoor common stock.
Opendoor Technologies Inc. reported that an entity associated with director Eric Feder received a new equity award. On February 17, 2026, Len X, LLC, a wholly owned subsidiary of Lennar Corporation, acquired 14,282 shares of Opendoor common stock in the form of restricted stock units granted under Opendoor’s non-employee director compensation policy.
The RSUs were issued in lieu of $90,000 in cash retainer fees and will vest in four substantially equal installments on the last trading day of each quarter in 2026, subject to Feder’s continued service as a non-employee director. Following this grant, Len X, LLC is reported as holding 212,535 shares of Opendoor common stock. Feder disclaims beneficial ownership of these securities except to the extent of his pecuniary interest.
Bain Adam reported acquisition or exercise transactions in this Form 4 filing.
Opendoor Technologies Inc. director Adam Bain reported an award of 9,918 restricted stock units of Common Stock, granted at $0.00 per share. These RSUs were issued under the company’s Non-Employee Director Compensation Policy in lieu of $62,500.00 in retainer fees.
The RSUs vest in four substantially equal installments on the last trading day of each quarter in 2026, contingent on his continued service as a non-employee director through each vesting date. Following this grant, Bain directly holds 467,367 shares of Common Stock.
The filing also notes indirect holdings of 225,000 shares by 010118 Management, L.P. and 2,543,272 shares by 01 Advisors 01 L.P. Bain may be deemed a beneficial owner of these shares but disclaims beneficial ownership except to the extent of his pecuniary interest.
Opendoor Technologies Inc. Chief Financial Officer Christina Schwartz reported an open-market sale of 74,248 shares of common stock at a weighted average price of $4.3184 per share. According to the disclosure, this trade was executed under a Rule 10b5-1 "sell to cover" election solely to satisfy tax withholding obligations from the settlement of previously granted restricted stock awards, and is described as non-discretionary. After this transaction, Schwartz directly owned 3,844,214 shares of Opendoor common stock.
OPEN affiliate filed a notice to sell 74,248 Restricted Stock Units of Common stock with a proposed sale date of 02/15/2026. The filing also records a prior sale of 73,951 Common shares on 11/17/2025 for $583,961.47.
Opendoor Technologies Inc. operates a large, AI-driven e-commerce platform for U.S. residential real estate, acting as a principal buyer and seller of homes rather than a traditional broker. In 2025 it sold over 11,700 homes and generated $4.4 billion in revenue, while maintaining an average seller Net Promoter Score near 80.
The company has expanded from 50 markets to effectively nationwide coverage across most U.S. zip codes and is adding adjacent services such as title, escrow, and an early-stage mortgage offering. Opendoor remains unprofitable, reporting a 2025 net loss of $1.3 billion and an accumulated deficit of $5.0 billion, and highlights significant risks tied to housing cycles, pricing accuracy, inventory management, regulation, and access to financing.
Opendoor Technologies reported fourth-quarter 2025 revenue of $736 million, down from $1.084 billion a year earlier, as it continued to reset its home-flipping business. The company posted a Q4 net loss of $1.096 billion, largely driven by a $933 million loss on extinguishment of debt.
For full year 2025, revenue was $4.371 billion versus $5.153 billion in 2024, with a net loss of $1.3 billion. Operationally, homes purchased rose 46% quarter over quarter and the share of homes on the market more than 120 days fell from 51% to 33%, indicating faster inventory turns. Fixed operating expenses declined to $35 million from $43 million in the prior year’s quarter.
Non-GAAP metrics showed Q4 Contribution Margin of 1.0% and Adjusted EBITDA of $(43) million. Management is targeting Adjusted Net Income breakeven by the end of 2026 and expects Q1 2026 revenue to decline about 10% sequentially with a Q1 Adjusted EBITDA loss in the low to mid $30 millions.
D. E. Shaw investment entities reported a minority stake in Opendoor Technologies Inc. common stock on a Schedule 13G/A. The group, including D. E. Shaw & Co., L.P., D. E. Shaw & Co., L.L.C., D. E. Shaw Valence Portfolios, L.L.C., and David E. Shaw, reports beneficial ownership of up to 20,852,226 shares, or 2.2% of Opendoor’s outstanding common stock.
The holdings include existing shares and shares that may be acquired through call options and warrants held by affiliated portfolios. The filing states the securities are not held for the purpose of changing or influencing control of Opendoor, indicating a passive investment posture.
Morgan Stanley and Morgan Stanley Investment Management Inc. report a 5.3% beneficial ownership stake in Opendoor Technologies Inc. common stock, totaling 50,555,152 shares. The position relates to Opendoor’s common stock with CUSIP 683712103 and is reported as of 12/31/2025.
The firms report only shared voting and dispositive power over these shares, with no sole voting or dispositive authority. They certify the holdings were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Opendoor.