Rabois Keith 4

What Happened
Keith Rabois, a non-employee director of Opendoor Technologies, was granted 41,667 restricted stock units (RSUs) on June 11, 2026. The Form 4 reports an acquisition price of $0.00, which reflects that these are time‑based RSU awards (no cash paid). Each RSU represents the contingent right to one share of Opendoor common stock and will convert into shares if and when the RSUs vest.

Key Details

• Transaction date: 2026-06-11 (report filed 2026-06-15, Accession 0001539865-26-000005)
• Transaction type/code: Award/Grant (A) — 41,667 RSUs granted at $0.00 acquisition price
• Vesting: RSUs fully vest on the earlier of (a) the issuer's next annual meeting of stockholders or (b) June 11, 2027, subject to Rabois’s continued service as a non‑employee director (see footnote F1)
• Shares owned after transaction: Not specified in the provided filing excerpt
• Filing timeliness: No late‑filing flag indicated in the provided information

Context
RSU grants are compensation, not an immediate purchase or sale; they become actual shares only if/when they vest. This award does not indicate an immediate cash inflow or sale — it's a routine director equity grant intended to align interests with shareholders and compensate for board service.