Kasra Nejatian - 15 Sep 2025 Form 4 Insider Report for Opendoor Technologies Inc. (OPEN)

Signature
/s/ Sydney Schaub, Attorney-in-fact
Issuer symbol
OPEN
Transactions as of
15 Sep 2025
Transactions value $
$0
Form type
4
Filing time
17 Sep 2025, 16:36:10 UTC
Next filing
12 Nov 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Nejatian Kasra Chief Executive Officer, Director 410 N. SCOTTSDALE ROAD, SUITE 1000, TEMPE /s/ Sydney Schaub, Attorney-in-fact 17 Sep 2025 0001962729

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OPEN Common Stock Award $0 +40.9M $0.00 40.9M 15 Sep 2025 Direct F1, F2
transaction OPEN Common Stock Award $0 +40.9M +100% $0.00 81.8M 15 Sep 2025 Direct F1, F3
transaction OPEN Common Stock Award $0 +1.58M +1.93% $0.00 83.4M 15 Sep 2025 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Preliminary information about the three inducement grants was disclosed in the Current Report on Form 8-K filed by the Company with the Securities and Exchange Commission on September 11, 2025.
F2 Represents an award of 40,886,344 restricted stock units that is eligible to vest in installments over a period of five years, with 20% vesting on September 15, 2026, and the remainder vesting in quarterly installments thereafter, subject to the achievement of an average closing stock price that equals or exceeds $6.24 over the 60 trading day period preceding the applicable vesting date or any of the four quarterly vesting dates immediately following the applicable vesting date.
F3 Represents an award of 40,886,344 restricted stock units that is eligible to vest in seven equal tranches over a period of five years, with each tranche subject to a performance-based vesting condition that requires achievement of an average closing stock price hurdle (equal to $9, $13, $17, $21, $25, $29 and $33), as measured over a 60 trading day period that begins no earlier than September 15, 2026. In addition, each tranche is subject to a time-based vesting condition whereby the first tranche will vest on September 15, 2026, the second and third tranches will vest quarterly over the second and third years following the grant date, respectively, the fourth and fifth tranches will vest quarterly over the fourth year following the grant date, and the sixth and seventh tranches will vest quarterly over the fifth year following the grant date.
F4 Represents an award of 1,580,611 restricted stock units that is scheduled to vest in full on June 15, 2026.