Glenn Solomon - 13 Jun 2025 Form 4 Insider Report for Opendoor Technologies Inc. (OPEN)

Role
Director
Signature
/s/ Carrie Wheeler, Attorney-in-fact
Issuer symbol
OPEN
Transactions as of
13 Jun 2025
Transactions value $
$0
Form type
4
Filing time
17 Jun 2025, 16:21:09 UTC
Previous filing
07 Mar 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Solomon Glenn Director 410 N. SCOTTSDALE ROAD, SUITE 1000, TEMPE /s/ Carrie Wheeler, Attorney-in-fact 17 Jun 2025 0001479296

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OPEN Common Stock Award $0 +100,000 +83% $0 220,911 13 Jun 2025 Direct F1, F2, F3
holding OPEN Common Stock 633,705 13 Jun 2025 By Trust F4, F5
holding OPEN Common Stock 79,205 13 Jun 2025 By GGV Capital LLC F6
holding OPEN Common Stock 15,029 13 Jun 2025 By GGV Capital V L.L.C. F7, F8
holding OPEN Common Stock 132,133 13 Jun 2025 By Notable Capital Management, L.L.C. F2, F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents an equal number of restricted stock unit ("RSU") award granted to the Reporting Person pursuant to the Issuer's non-employee director compensation policy and subject to time-based vesting. Each RSU represents a contingent right to receive one share of the Issuer's common stock. The RSUs fully vest on the earlier to occur of (a) the date of the Issuer's next annual meeting of stockholders or (b) June 13, 2026, in each case subject to the Reporting Person's continued service to the Issuer as a non-employee director through the applicable vesting date.
F2 Gives effect to the transfer of 132,133 shares to Notable Capital Management, L.L.C. ("Notable Capital") for no consideration subsequent to the Reporting Person's most recent filing, which shares were previously held for the benefit of Notable Capital.
F3 Such shares are held for the benefit of Notable Capital. The Reporting Person disclaims beneficial ownership of such shares, except to the extent of his proportionate pecuniary interest therein.
F4 Gives effect to the receipt of shares from the transfer described in footnote 6.
F5 The shares are held of record by a family trust, as a trustee, the Reporting Person may be deemed to have voting and dispositive power over these shares. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his proportionate pecuniary interest therein.
F6 The shares are held of record by GGV Capital. As a managing member of GGV Capital, the Reporting Person may be deemed to have voting and dispositive power over the shares held by GGV Capital. The Reporting Person disclaims beneficial ownership of such shares, except to the extent of his proportionate pecuniary interest therein.
F7 Gives effect to the pro rata distribution of shares by GGV Capital V L.L.C. ("GGV V LLC") to its members for no consideration subsequent to the Reporting Person's most recent filing, which represented a change in the form of the Reporting Person's ownership that was not required to be reported under Section 16.
F8 The shares are held of record by GGV V LLC. As a managing member of GGV V LLC, the Reporting Person may be deemed to have voting and dispositive power over the shares held by GGV V LLC. The Reporting Person disclaims beneficial ownership of such shares, except to the extent of his proportionate pecuniary interest therein.
F9 The shares are held of record by Notable Capital. As a managing member of Notable Capital, the Reporting Person may be deemed to have voting and dispositive power over the shares held by Notable Capital. The Reporting Person disclaims beneficial ownership of such shares, except to the extent of his proportionate pecuniary interest therein.