Redfin Executive Compensation Signals Long-term Confidence Despite Market Challenges
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
Redfin Chief Growth Officer Christian John Taubman reported multiple transactions involving common stock and restricted stock units (RSUs) on May 20, 2025. This amended filing updates the original Form 4 filed on May 29, 2025.
Key transactions include:
- Conversion of multiple RSU blocks totaling 23,903 shares acquired at $0
- Disposition of 5,823 shares at $10.26 per share through tax withholding
- Receipt of a new RSU grant of 232,181 shares on May 27, 2025, vesting quarterly over 4 years starting May 20, 2026
Following these transactions, Taubman directly owns 92,696 shares of common stock and various RSU grants totaling 301,824 units with different vesting schedules through 2029. The transactions reflect standard equity compensation practices including vesting of existing grants and tax withholding dispositions.
Positive
- Chief Growth Officer received significant new RSU grant of 232,181 shares, indicating long-term retention commitment with 4-year vesting through 2029
Negative
- None.
Insider Trade Summary
23,903 shares exercised/converted
Mixed
13 txns
Insider
Taubman Christian John
Role
Chief Growth Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 232,181 | $0.00 | -- |
| Exercise | Restricted Stock Unit | 3,834 | $0.00 | -- |
| Exercise | Restricted Stock Unit | 12,879 | $0.00 | -- |
| Exercise | Restricted Stock Unit | 6,572 | $0.00 | -- |
| Exercise | Restricted Stock Unit | 618 | $0.00 | -- |
| Exercise | Common Stock | 3,834 | $0.00 | -- |
| Tax Withholding | Common Stock | 934 | $10.26 | $10K |
| Exercise | Common Stock | 12,879 | $0.00 | -- |
| Tax Withholding | Common Stock | 3,137 | $10.26 | $32K |
| Exercise | Common Stock | 6,572 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,601 | $10.26 | $16K |
| Exercise | Common Stock | 618 | $0.00 | -- |
| Tax Withholding | Common Stock | 151 | $10.26 | $2K |
Holdings After Transaction:
Restricted Stock Unit — 234,972 shares (Direct);
Common Stock — 78,450 shares (Direct)
Footnotes (1)
- Restricted stock units convert into common stock on a one-for-one basis upon settlement. 1/4 of the restricted stock units will vest on May 20, 2023, and 1/16 of the restricted stock units will vest quarterly thereafter, such that 100% of the restricted stock units will be vested by May 20, 2026. 1/8 of the restricted stock units will vest on August 20, 2024 and quarterly thereafter, such that 100% of the restricted stock units will be vested by May 20, 2026. 1/8 of the restricted stock units will vest on August 20, 2023 and quarterly thereafter, such that 100% of the restricted stock units will be vested by May 20, 2025. 1/4 of the restricted stock units vested on May 20, 2022, and 1/16 of the restricted stock units will vest quarterly thereafter, such that 100% of the restricted stock units will be vested by May 20, 2025. 1/4 of the restricted stock units will vest on May 20, 2026, and 1/16 of the restricted stock units will vest quarterly thereafter, such that 100% of the restricted stock units will be vested by May 20, 2029.
FAQ
How many new Restricted Stock Units (RSUs) did RDFN's Chief Growth Officer receive on May 27, 2025?
Christian Taubman received a new grant of 232,181 Restricted Stock Units on May 27, 2025. These RSUs will vest over four years, with 25% vesting on May 20, 2026, and the remaining vesting quarterly through May 20, 2029.
What is the vesting schedule for RDFN executive Christian Taubman's latest RSU grant?
The new RSU grant of 232,181 units awarded on May 27, 2025, has a four-year vesting schedule where 1/4 of the RSUs will vest on May 20, 2026, and 1/16 of the RSUs will vest quarterly thereafter, with full vesting completed by May 20, 2029.
Why did RDFN file a Form 4/A amendment for Christian Taubman's transactions?
This Form 4/A was filed as an amendment to the original Form 4 filed on May 29, 2025. While the specific reason for the amendment isn't stated in the filing, Form 4/A is typically filed to correct or update information from the original Form 4 filing.