Bain Adam 4

What Happened
Adam Bain, a non‑employee director of Opendoor Technologies, received a grant of 41,667 restricted stock units (RSUs) on June 11, 2026. The filing shows an acquisition price of $0 (award). Each RSU represents a contingent right to receive one share of Opendoor common stock upon vesting.

Key Details

• Transaction date: June 11, 2026; Form 4 filed June 15, 2026. The filing date appears to be after the typical two‑business‑day Form 4 reporting window.
• Transaction type/code: A — Award/Grant of RSUs. Reported acquisition value: $0.
• Shares granted: 41,667 RSUs (each convertible to one share upon vesting).
• Vesting: RSUs fully vest on the earlier of the issuer’s next annual meeting of stockholders or June 11, 2027, subject to Bain’s continued service as a non‑employee director. (Footnote F1)
• Shares owned after transaction: Not specified in the provided filing.
• Beneficial ownership note: Bain may be deemed to beneficially own shares held by 010118 Management, L.P. and 01 Advisors 01 L.P. but disclaims beneficial ownership except to the extent of his pecuniary interest. (Footnote F2)

Context
This is a standard director compensation grant (time‑based RSUs) rather than a purchase or sale. Such grants are common as non‑employee director pay and do not by themselves indicate buying or selling sentiment. The filing timing should be checked against SEC rules if timeliness is a concern.