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Redfin Insider Filing Shows Routine PSU Vesting by HR Chief

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Redfin (NASDAQ:RDFN) filed a routine Form 4 reporting Chief Human Resources Officer Anna Stevens’ performance stock unit (PSU) vesting on 06/23/2025. The award converted 110,864 PSUs into an equal number of common shares; 43,856 shares were immediately sold to cover tax withholding at $11.54 per share, leaving 125,262 shares owned directly.

No open-market purchases or sales occurred and the transaction reflects previously granted compensation rather than a new investment decision.

Positive

  • None.

Negative

  • None.
Insider STEVENS ANNA
Role Chief Human Resources Officer
Type Security Shares Price Value
Grant/Award Performance Stock Unit 110,864 $0.00 $0.00
Exercise Performance Stock Unit 110,864 $0.00 $0.00
Exercise Common Stock 110,864 $0.00 $0.00
Exercise Price or Tax Liability Common Stock 43,856 $11.54 $506K
Holdings After Transaction: Performance Stock Unit — 0 shares (Direct); Common Stock — 125,262 shares (Direct)
Footnotes (3)
  1. F1. Performance stock units (PSUs) convert into common stock on a one-for-one basis.
  2. F2. The reporting person was granted the PSUs on December 1, 2022. On June 24, 2025, the portion of the PSUs earned as a result of the achievement of performance criteria based on relative shareholder return became fully vested and were settled.
  3. F3. PSUs do not expire; they either vest or are canceled prior to the vesting date.

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FAQ

What insider transaction did RDFN disclose on 06/26/2025?
RDFN disclosed that CHRO Anna Stevens vested 110,864 PSUs and sold 43,856 shares for tax withholding, retaining 125,262 shares.
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*
STEVENS ANNA
(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 Human Resources Officer
3. Date of Earliest Transaction (Month/Day/Year)
06/23/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
 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 06/23/2025 M 110,864 A (1) 169,118 D
Common Stock 06/23/2025 F 43,856 D $11.54 125,262 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
Performance Stock Unit (1) 06/23/2025 A 110,864 (2) (3) Common Stock 110,864 $0 110,864 D
Performance Stock Unit (1) 06/23/2025 M 110,864 (2) (3) Common Stock 110,864 $0 0 D
Explanation of Responses:
1. Performance stock units (PSUs) convert into common stock on a one-for-one basis.
2. The reporting person was granted the PSUs on December 1, 2022. On June 24, 2025, the portion of the PSUs earned as a result of the achievement of performance criteria based on relative shareholder return became fully vested and were settled.
3. PSUs do not expire; they either vest or are canceled prior to the vesting date.
/s/ Anthony Kappus, attorney-in-fact 06/26/2025
** 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.

Source: View Original Filing on SEC EDGAR