HAMILTON DANA 4
Research Summary
AI-generated summary
Opendoor (OPEN) Director Dana Hamilton Receives RSU Award
What Happened
- Dana Hamilton, a non‑employee director of Opendoor Technologies, was granted 41,667 restricted stock units (RSUs) on 2026-06-11. The RSUs were awarded at an acquisition price of $0.00 (code A — award/grant).
- Each RSU is a contingent right to one share of Opendoor common stock; the filing shows no cash outlay by the director for this grant.
Key Details
- Transaction date: 2026-06-11; Form 4 filed: 2026-06-15.
- Grant: 41,667 RSUs; acquisition price reported as $0.00.
- Vesting: RSUs fully vest on the earlier of (a) the issuer’s next annual meeting of stockholders or (b) June 11, 2027, subject to Hamilton’s continued service as a non‑employee director.
- Deferral: Hamilton has elected to defer receipt of the shares upon vesting per the issuer’s deferral election.
- Shares owned after transaction: not specified in the provided filing excerpt.
Context
- RSU grants to non‑employee directors are a common form of compensation and are not the same as an outright purchase or sale of stock; they become stock only if and when they vest (or are settled).
- This is an award (not a sale or purchase) and should be interpreted as routine compensation rather than a direct market signal.