Nejatian Kasra 4

What Happened
Kasra Nejatian, CEO of Opendoor Technologies Inc. (OPEN), purchased 100,000 shares of the company's common stock in an open-market transaction on May 11, 2026. The shares were bought at $4.88 per share for a total cash outlay of $487,800. This was a direct purchase (transaction code P).

Key Details

• Transaction date: 2026-05-11; Filing date (Form 4): 2026-05-12 (timely filing).
• Price and size: 100,000 shares at $4.88 per share; total value $487,800.
• Shares owned after transaction: Not disclosed in the Form 4 filing.
• Footnote: F1 — purchase was an open-market buy made in accordance with the issuer’s Insider Trading and Trading Window Policy.
• Transaction type: P = Purchase (no options, awards, gifts, or tax-withholding events reported).

Context
This was a straightforward open-market purchase of common stock. Purchases by executives can be interpreted by some investors as a positive indicator of insider confidence, but the filing does not state any motivation. No derivative activity or 10b5-1/tax-withholding notes were reported in this filing.