Slavet James 4
4 · Redfin Corp · Filed Jun 30, 2025
Insider Transaction Report
Form 4
Redfin CorpRDFN
Slavet James
Director
Transactions
- Exercise/Conversion
Common Stock
2025-06-26+17,080→ 309,867 total - Exercise/Conversion
Restricted Stock Unit
2025-06-26−17,080→ 0 total→ Common Stock (17,080 underlying) - Exercise/Conversion
Phantom Stock
2025-06-26−3,767→ 0 total→ Common Stock (3,767 underlying) - Exercise/Conversion
Common Stock
2025-06-26+3,767→ 313,634 total
Footnotes (4)
- [F1]Restricted stock units ("RSUs") convert into common stock on a one-for-one basis upon settlement.
- [F2]Represents 3,767 shares of Redfin Corporation's ("the Company") common stock in respect of RSUs that previously vested, for which settlement was deferred pursuant to the Company's director deferral program until the earlier of (i) the reporting person's termination of service with the Company and (ii) a change in control of the Company. In connection with the pending merger contemplated by the Merger Agreement (as defined below), these previously deferred RSUs were settled on June 26, 2025.
- [F3]These RSUs vested on June 26, 2025 pursuant to the terms of the Company's Equity Incentive Plan in connection with the pending acquisition of the Company by Rocket Companies, Inc. ("Parent") pursuant to the Agreement and Plan of Merger, dated March 9, 2025, by and among the Company, Parent and Neptune Merger Sub, Inc., a wholly owned subsidiary of Parent.
- [F4]RSUs do not expire; they either vest or are canceled prior to the vesting date.