Opendoor Technologies Inc.: COO Nguyen Giang sold 10,393 shares

What happened Nguyen Giang, chief operating officer of Opendoor Technologies Inc., sold 10,393 shares in an open-market sale on Oct 15, 2026, at a weighted average price of $1.97 for total proceeds of $20,516, according to the Form 4 filed Oct 16, 2026.

Key details

• Transaction date and type: Oct 15, 2026 — open-market sale (code S).
• Price: weighted average $1.97; per footnote prices ranged from $1.935 to $2.005.
• Proceeds: $20,516.
• Shares beneficially owned after the transaction: not disclosed in the Form 4.
• Footnotes: F1 — sale effected pursuant to a Rule 10b5-1 "sell to cover" election to satisfy tax withholding on settlement of previously granted restricted stock awards; the filing states this was not a discretionary trade. F2 — weighted average price reported; reporting person will provide per-price quantities on request.
• Form 4 filed Oct 16, 2026 (transaction reported for Oct 15, 2026).

Why it may matter The filing shows a sell-to-cover transaction under a Rule 10b5-1 plan to satisfy tax withholding related to restricted stock awards, not an option exercise. The filing does not show why the insider traded or why the company acted.