4//SEC Filing
Nejatian Kasra 4
Accession 0001962729-25-000006
CIK 0001801169other
Filed
Sep 16, 8:00 PM ET
Accepted
Sep 17, 4:36 PM ET
Size
9.4 KB
Accession
0001962729-25-000006
Insider Transaction Report
Form 4
Nejatian Kasra
DirectorChief Executive Officer
Transactions
- Award
Common Stock
2025-09-15+1,580,611→ 83,353,299 total - Award
Common Stock
2025-09-15+40,886,344→ 40,886,344 total - Award
Common Stock
2025-09-15+40,886,344→ 81,772,688 total
Footnotes (4)
- [F1]Preliminary information about the three inducement grants was disclosed in the Current Report on Form 8-K filed by the Company with the Securities and Exchange Commission on September 11, 2025.
- [F2]Represents an award of 40,886,344 restricted stock units that is eligible to vest in installments over a period of five years, with 20% vesting on September 15, 2026, and the remainder vesting in quarterly installments thereafter, subject to the achievement of an average closing stock price that equals or exceeds $6.24 over the 60 trading day period preceding the applicable vesting date or any of the four quarterly vesting dates immediately following the applicable vesting date.
- [F3]Represents an award of 40,886,344 restricted stock units that is eligible to vest in seven equal tranches over a period of five years, with each tranche subject to a performance-based vesting condition that requires achievement of an average closing stock price hurdle (equal to $9, $13, $17, $21, $25, $29 and $33), as measured over a 60 trading day period that begins no earlier than September 15, 2026. In addition, each tranche is subject to a time-based vesting condition whereby the first tranche will vest on September 15, 2026, the second and third tranches will vest quarterly over the second and third years following the grant date, respectively, the fourth and fifth tranches will vest quarterly over the fourth year following the grant date, and the sixth and seventh tranches will vest quarterly over the fifth year following the grant date.
- [F4]Represents an award of 1,580,611 restricted stock units that is scheduled to vest in full on June 15, 2026.
Documents
Issuer
Opendoor Technologies Inc.
CIK 0001801169
Entity typeother
Related Parties
1- filerCIK 0001962729
Filing Metadata
- Form type
- 4
- Filed
- Sep 16, 8:00 PM ET
- Accepted
- Sep 17, 4:36 PM ET
- Size
- 9.4 KB