Benson David C 4

What Happened
David C. Benson, a director of Opendoor Technologies, sold 40,000 shares in an open-market transaction on June 16, 2026. The weighted-average sale price was $4.83 per share, for total proceeds of approximately $193,364. The shares were sold in multiple trades at prices ranging from $4.60 to $5.02.

Key Details

• Transaction date: 2026-06-16 (open-market sale, code S)
• Price/details: Weighted average $4.83; individual trades ranged $4.60–$5.02. Reporting person can provide per-trade breakdown on request (see footnote).
• Shares disposed: 40,000; proceeds ≈ $193,364.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnotes: Sale executed under a Rule 10b5-1 plan established March 6, 2026 to cover taxes related to vesting restricted stock units (RSUs). The filing discloses weighted average price and the plan/tax purpose.
• Timeliness: Form 4 was filed with a report date of 2026-06-16 (no late filing indicated).

Context
This sale was made under a pre-established 10b5-1 trading plan to satisfy tax obligations from RSU vesting, a common reason insiders sell shares that does not, by itself, indicate a change in view on the company. For retail investors, purchases are typically more indicative of insider confidence; routine, tax-related sales are common and should be weighed alongside other insider activity and company fundamentals.