Bridget Frey - Mar 10, 2025 Form 4 Insider Report for Redfin Corp (RDFN)

Signature
/s/ Anthony Kappus, attorney-in-fact
Stock symbol
RDFN
Transactions as of
Mar 10, 2025
Transactions value $
-$354,572
Form type
4
Date filed
3/12/2025, 04:09 PM
Previous filing
Feb 24, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RDFN Common Stock Options Exercise $999K +135K +29.08% $7.38 601K Mar 10, 2025 Direct F1
transaction RDFN Common Stock Sale -$1.35M -135K -22.53% $10.00 465K Mar 10, 2025 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction RDFN Stock Option (right to buy) Options Exercise $0 -135K -100% $0.00 0 Mar 10, 2025 Common Stock 135K $7.38 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The reporting person effected the transaction pursuant to a Rule 10b5-1 trading plan that she adopted on November 27, 2024.
F2 The stock option is fully exercisable.