Redfin Corp SEC Filings

Redfin Corporation (RDFN) Form 4 filing: Director Selina Tobaccowala reported the automatic conversion of 17,080 restricted stock units (RSUs) into an equal number of common shares on 26 Jun 2025. The RSUs vested under the company’s Equity Incentive Plan in connection with the pending acquisition of Redfin by Rocket Companies, Inc. per the merger agreement dated 9 Mar 2025. Following the transaction, Tobaccowala’s direct ownership rises to 173,400 common shares. No cash was exchanged (transaction code “M”; derivative price $0), and all derivative RSUs related to this grant are now exhausted. The filing signals that change-of-control provisions are being honored and that the merger process is advancing, but the share amount is immaterial to Redfin’s overall share count and has negligible dilution impact.

Rubrik, Inc. (RBRK) – Lightspeed Form 4 dated 06/30/2025

The filing covers a complex series of internal equity movements among multiple Lightspeed Venture Partners funds and affiliated entities that are each listed as 10% owners of Rubrik. All transactions occurred on 06/26/2025 and involve two basic steps:

• Code C – Conversions: A total of 9,641,000 shares of Class B were automatically converted, one-for-one, into the same number of Class A shares (no cash consideration).
• Code J – Distributions/Other: The newly issued Class A shares were then largely distributed in-kind from the venture funds to their general partners, management companies, or individual partners. These distributions also carried no cash consideration.

Key size metrics reported in Table I:

• Lightspeed Venture Partners IX: 4,440,000 Class A shares received, then distributed, ending balance 0.
• Lightspeed SPV I / I-B / I-C: Combined 4,170,000 Class A shares received and then distributed, each ending balance 0.
• Lightspeed Venture Partners Select II: 1,031,000 shares converted and subsequently distributed, ending balance 0.
• Receiving entities (e.g., Lightspeed Management Company L.L.C., Eggers Investments LP-Fund 2, Nieh Family Investments vehicles) now collectively hold ~766,000 Class A shares.

There was no open-market purchase or sale; the transactions merely shift ownership among related parties. Several Lightspeed funds no longer hold Rubrik shares directly, while individual partners and affiliated management companies now hold modest blocks. These internal realignments could increase Rubrik’s freely transferable Class A float, but no immediate sale obligation is disclosed.

The Form 4 shows that Redfin Corporation (RDFN) director Bradley E. Singer acquired a total of 33,899 common shares on 06/26/2025 through the mandatory settlement of previously granted equity awards triggered by the company’s pending merger with Rocket Companies. Two transactions were reported under code “M” (derivative conversion): (i) 17,080 shares converted from vested RSUs and (ii) 16,819 shares converted from deferred RSUs/phantom stock units. No shares were sold. Following the transactions, Singer directly owns 75,477 shares and indirectly holds 50,000 shares via a revocable trust. The RSUs convert on a one-for-one basis and carry no exercise price, so the acquisitions were executed at $0 cost. RSUs do not expire; they vest or are cancelled according to Redfin’s Equity Incentive Plan. These settlements occurred in connection with the Agreement and Plan of Merger dated 03/09/2025. The filing does not reveal any open-market buying or selling, indicating that the ownership change is administrative rather than an active investment decision.

Form 4 overview: Redfin Corporation (RDFN) director David H. Lissy reported the settlement of previously granted equity awards on 26 Jun 2025, triggered by the company’s pending acquisition by Rocket Companies.

• Transactions: 19,668 restricted stock units (RSUs) and 74,070 deferred RSUs/phantom shares converted one-for-one into common stock under an automatic “M” code (no cash paid).
• Total shares acquired: 93,738.
• Post-transaction direct ownership: 113,573 common shares.
• Indirect ownership: 50,000 shares held across four revocable family trusts; the filer disclaims beneficial ownership beyond his pecuniary interest.
• Merger linkage: Settlement occurred because RSUs vest or settle upon change-in-control events under Redfin’s director deferral plan and Equity Incentive Plan.

The filing reflects an administrative equity conversion rather than an open-market purchase or sale, and therefore has limited immediate market impact. Nonetheless, it confirms that insider equity awards are being accelerated in anticipation of the Rocket–Redfin merger, a procedural indicator the deal remains on track.

Redfin Corporation (RDFN) – Form 4 insider filing: Director Austin Ligon reported the conversion and settlement of 68,565 restricted stock units (RSUs) into common shares on 26-Jun-2025. The transactions were coded “M,” indicating the receipt of shares following the conversion of derivative securities rather than an open-market purchase or sale.

• 17,080 shares were issued upon the regular vesting of RSUs tied to the company’s equity incentive plan in connection with the pending acquisition by Rocket Companies, Inc.
• 51,485 shares previously deferred under the director deferral program were settled early because the change-of-control condition (the announced merger) was triggered.
• After these settlements, Ligon’s direct beneficial ownership rose to 724,000 common shares.

No derivative securities remain outstanding for this insider after the conversion. The filing does not reflect any cash transactions or market purchases; therefore, it primarily represents equity already earned rather than a new investment decision. Nevertheless, the additional share ownership increases management’s alignment with shareholders ahead of the anticipated merger close.

Redfin Corporation (RDFN) – SEC Form 4 filing: Director Kerry D. Chandler reported the settlement of 17,080 restricted stock units (RSUs) into an equal number of common shares on 26 June 2025. The transaction is coded “M,” indicating a routine, non-open-market conversion of a derivative security. After the settlement, Chandler holds 76,479 common shares directly.

The RSUs vested pursuant to Redfin’s Equity Incentive Plan in connection with the pending acquisition of Redfin by Rocket Companies, Inc. under the 9 March 2025 merger agreement. RSUs have no expiration; they either vest or are cancelled. No derivative securities remain following this conversion. The filing does not disclose any cash consideration—RSUs converted on a 1-for-1 basis and were reported at $0 exercise price.

No additional purchases, sales, or option exercises were reported, and Chandler continues to file individually (single reporting person). While routine, the disclosure confirms insider equity alignment as Redfin approaches its merger close.

Redfin Corporation (RDFN) filed a Form 4 for director Julie Bornstein. On 26 June 2025, Bornstein converted 17,080 restricted stock units (RSUs) into an equal number of common shares (transaction code M). No shares were sold, and the conversion price was listed as $0, consistent with RSU settlement. Following the transaction, Bornstein now directly owns 85,722 common shares.

The RSUs vested pursuant to Redfin’s Equity Incentive Plan in connection with the pending acquisition of Redfin by Rocket Companies, Inc. (announced 9 March 2025). Because RSUs either vest or are cancelled, they now show a zero derivative balance post-conversion. The filing does not introduce new financial metrics or alter merger terms; it simply updates insider ownership in advance of the anticipated deal closing.

Redfin Corporation (ticker: RDFN) has filed a Form 4 disclosing that director Robert J. Bass settled 17,080 restricted stock units (RSUs) into an equal number of common shares on 26 June 2025. The conversion, reported with transaction code “M,” was executed at a stated price of $0 because RSUs convert one-for-one upon vesting. The RSUs vested under the company’s Equity Incentive Plan in connection with the pending acquisition of Redfin by Rocket Companies, Inc., as outlined in the 9 March 2025 merger agreement. After the settlement, Bass now directly owns 84,238 common shares; no derivative securities remain outstanding in his name.

The filing shows no open-market purchases or sales, so the change is a non-cash, non-dilutive administrative conversion that adds less than 0.1 % to the company’s total shares outstanding. Nonetheless, it affirms continued progress toward the merger close and keeps the director’s economic interests aligned with those of public shareholders.

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.