RDFN Form 144: Christian Taubman plans $130K stock sale on 20 Jun 2025

Rhea-AI Filing Summary

Form 144 filing snapshot – Redfin Corporation (RDFN)

The filing discloses that insider Christian Taubman has notified the SEC of an intention to sell 11,895 common shares of Redfin on or about 20 June 2025. Based on the market price used in the notice, the transaction is valued at approximately $130,0​00. The broker handling the sale is Morgan Stanley Smith Barney LLC, and the shares are expected to be sold on the NASDAQ exchange.

Context of the shares

• The shares derive from two restricted-stock grants acquired on 20 Nov 2023 (8,788 shares) and 20 Feb 2024 (3,107 shares).
• Total Redfin shares outstanding: 128,031,179; the proposed sale represents ≈0.009 % of shares outstanding, indicating minimal dilution or ownership impact.

Recent insider activity

• During the past three months, the same insider sold 16,209 shares in four separate trades on 21 Mar 2025, generating gross proceeds of $180,696.31.

Investor takeaway

This filing signals continued discretionary selling by a company insider but involves a small fraction of the share base. No adverse non-public information is acknowledged, and the sale appears to follow normal Rule 144 and possible 10b5-1 planning. While insider sales can sometimes raise sentiment concerns, the limited size suggests a low fundamental impact on Redfin’s capital structure or near-term operations.

Positive

• None.

Negative

• Continued insider share disposal may create modest negative sentiment even though the volume is small relative to total shares.

Insights

Securities Analyst

TL;DR: Minor insider sale; negligible dilution; neutral capital-markets impact.

The Form 144 shows a planned $130 k sale by C. Taubman, only 0.009 % of shares. Combined with March sales, insider has sold ≈28 k shares YTD, still immaterial to float. Such activity may hint at personal liquidity rather than outlook. No price-sensitive data revealed; therefore I view the filing as neutral for valuation and liquidity, with limited sentiment risk.

Corporate Governance Expert

TL;DR: Routine Rule 144 disclosure; governance controls appear observed.

The notice references restricted-stock awards, appropriate broker, and intended sale date, aligning with Rule 144 and potential 10b5-1 protocols. Certification affirms no undisclosed adverse information. No red flags on timing or aggregation limits. Thus, the event is governance-compliant and poses no material governance concern.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	11895	129996.89	128031179	06/20/2025	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	11/20/2023	Restricted Stock	ISSUER			8788	11/20/2023	Not Applicable
Common	02/20/2024	Restricted Stock	ISSUER			3107	02/20/2024	Not Applicable

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
CHRISTIAN TAUBMAN 1099 Stewart Street Suite 600 Seattle WA 98101	Common	03/21/2025	4587	51135.42
CHRISTIAN TAUBMAN 1099 Stewart Street Suite 600 Seattle WA 98101	Common	03/21/2025	2218	24726.04
CHRISTIAN TAUBMAN 1099 Stewart Street Suite 600 Seattle WA 98101	Common	03/21/2025	7187	80119.96
CHRISTIAN TAUBMAN 1099 Stewart Street Suite 600 Seattle WA 98101	Common	03/21/2025	2217	24714.89

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

How many Redfin (RDFN) shares are being sold under this Form 144?

The filing covers 11,895 common shares planned for sale.

What is the approximate market value of the proposed RDFN share sale?

The shares are valued at roughly $130,0​00 based on the price cited in the Form 144.

When is the planned sale date for the insider's RDFN shares?

The notice lists an approximate sale date of 20 June 2025.

How significant is the sale relative to Redfin’s total shares outstanding?

It represents about 0.009 % of Redfin’s 128 million outstanding shares—an immaterial fraction.

Has the insider sold RDFN shares recently?

Yes. Over the last three months the insider sold 16,209 shares, generating $180,696.31 in proceeds.