Nguyen Giang 4

What Happened Nguyen Giang, Chief Operating Officer of Opendoor Technologies, sold 10,866 shares on 2026-04-15 in a reported disposition totaling $50,488 (weighted average price $4.65). The sale was effected as a mandatory sell-to-cover to satisfy tax withholding in connection with the vesting of restricted stock units and was not a discretionary trade by the reporting person.

Key Details

• Transaction date: 2026-04-15 (Form 4 filed 2026-04-17; filing appears timely, within the usual two-business-day window).
• Shares sold: 10,866; weighted-average price: $4.65; total proceeds reported: $50,488.
• Price range: sales executed at prices between $4.50 and $4.71 (Reporting Person can provide per-price breakdown on request).
• Reason/footnote: Sale pursuant to mandatory sell-to-cover for RSU tax withholding (footnote F1).
• Shares owned after transaction: Not disclosed in this filing.
• Transaction type: Sale (routine tax withholding rather than an opportunistic market sale).

Context A sell-to-cover occurs when vested RSUs are partially sold to cover required tax withholding; it is a common, administrative transaction and not necessarily a signal of insider sentiment. Purchases by insiders tend to be more informative about confidence in the company; this filing documents a routine tax-related disposition.