Opendoor Technologies Inc. 8-K

What Happened Opendoor Technologies Inc. filed an 8-K reporting the results of its 2026 Annual Meeting of Stockholders held June 11, 2026. A total of 631,414,882 shares (approximately 65.45% of outstanding common stock as of the April 16, 2026 record date) were present virtually or represented by proxy. Stockholders elected three Class III directors, ratified Deloitte & Touche LLP as auditor for fiscal 2026, and approved the company's named executive officer compensation on an advisory (non-binding) basis.

Key Details

• Shares represented at meeting: 631,414,882 (≈65.45% of outstanding common stock as of April 16, 2026).
• Director elections (three-year terms ending at the 2029 annual meeting):
  • David Benson — For: 376,193,698; Withhold: 40,765,964; Broker non-votes: 214,455,220
  • Eric Feder — For: 350,242,087; Withhold: 66,717,575; Broker non-votes: 214,455,220
  • Eric Wu — For: 405,074,546; Withhold: 11,885,116; Broker non-votes: 214,455,220
• Auditor ratification (Proposal 2): For 623,434,325; Against 5,316,685; Abstain 2,663,872 — Deloitte & Touche LLP was ratified as the independent registered public accounting firm for fiscal 2026.
• Advisory vote on executive compensation (Proposal 3): For 243,135,496; Against 172,038,806; Abstain 1,785,360; Broker non-votes 214,455,220 — the advisory "say-on-pay" proposal was approved.
• The 8-K was signed by CEO Kaz Nejatian on June 12, 2026.

Why It Matters These voting outcomes confirm the board composition and auditor selection that will govern company oversight through 2029 and fiscal 2026 audit work, respectively. The advisory approval of executive compensation passed but with substantial opposition (about 172 million shares voted against), which investors may view as a signal of some shareholder concern about pay. High broker non-votes on director and say-on-pay proposals (214+ million) indicate a large portion of shares were not voting on those matters, which can affect the interpretation of support levels.