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[Form 4/A] Redfin Corporation Amended Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
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.
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*
Taubman Christian John

(Last) (First) (Middle)
C/O REDFIN CORPORATION
1099 STEWART STREET SUITE 600

(Street)
SEATTLE WA 98101

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Redfin Corp [ RDFN ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Growth Officer
3. Date of Earliest Transaction (Month/Day/Year)
05/20/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
05/29/2025
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Common Stock 05/20/2025 M 3,834 A $0(1) 78,450 D
Common Stock 05/20/2025 F 934 D $10.26 77,516 D
Common Stock 05/20/2025 M 12,879 A $0(1) 90,395 D
Common Stock 05/20/2025 F 3,137 D $10.26 87,258 D
Common Stock 05/20/2025 M 6,572 A $0(1) 93,830 D
Common Stock 05/20/2025 F 1,601 D $10.26 92,229 D
Common Stock 05/20/2025 M 618 A $0(1) 92,847 D
Common Stock 05/20/2025 F 151 D $10.26 92,696 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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Unit (1) 05/20/2025 M 3,834 (2) 05/26/2032 Common Stock 3,834 $0 15,334 D
Restricted Stock Unit (1) 05/20/2025 M 12,879 (3) 05/28/2034 Common Stock 12,879 $0 51,518 D
Restricted Stock Unit (1) 05/20/2025 M 6,572 (4) 05/30/2033 Common Stock 6,572 $0 0 D
Restricted Stock Unit (1) 05/20/2025 M 618 (5) 06/01/2031 Common Stock 618 $0 0 D
Restricted Stock Unit (1) 05/27/2025 A 232,181 (6) 05/27/2035 Common Stock 232,181 $0 234,972 D
Explanation of Responses:
1. Restricted stock units convert into common stock on a one-for-one basis upon settlement.
2. 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.
3. 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.
4. 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.
5. 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.
6. 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.
Remarks:
/s/ Anthony Kappus, attorney-in-fact 06/25/2025
** 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.

FAQ

How many RDFN shares did Chief Growth Officer Christian Taubman acquire on May 20, 2025?

On May 20, 2025, Christian Taubman acquired a total of 23,903 shares through multiple RSU conversions (3,834 + 12,879 + 6,572 + 618 shares). However, some shares were disposed of immediately for tax purposes, leaving him with a final beneficial ownership of 92,696 shares after all transactions.

What was the price of RDFN shares sold for tax withholding on May 20, 2025?

The shares sold for tax withholding purposes (F transactions) were sold at a price of $10.26 per share. A total of 5,823 shares were sold at this price through multiple transactions.

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.
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