Form 4: Anywhere Real Estate Director Disposes Shares in Merger

V. Ann Hailey, a director of Anywhere Real Estate Inc., reported the disposition of all her direct and indirect holdings of company common stock following its merger with Compass, Inc.

Summary

• On January 9, 2026, Anywhere Real Estate Inc. merged with Velocity Merger Sub, Inc., a wholly-owned subsidiary of Compass, Inc., with Anywhere Real Estate Inc. surviving as a wholly-owned subsidiary of Compass.
• Pursuant to the merger agreement, each share of Anywhere Real Estate Inc. common stock was converted into the right to receive 1.436 shares of Class A common stock of Compass, Inc.
• V. Ann Hailey, a director of Anywhere Real Estate Inc., disposed of 181,484 shares of common stock directly owned and 19,500 shares indirectly owned in an IRA, totaling 200,984 shares.
• Following these transactions, V. Ann Hailey beneficially owns 0 shares of Anywhere Real Estate Inc. common stock.
• Outstanding RSU awards in Anywhere Real Estate Inc. were canceled and converted into RSU awards in respect of Compass Shares, adjusted by the 1.436 exchange ratio.

Sentiment

Score: 6

Explanation: The filing reports a standard, expected insider transaction resulting from a previously announced corporate merger, indicating a neutral to slightly positive sentiment for the shareholder due to the successful completion of the corporate action.

Positives

• The completion of the merger provides Anywhere Real Estate Inc. shareholders with shares in Compass, Inc., a larger entity.
• The conversion of RSU awards ensures continuity of equity incentives for former Anywhere Real Estate Inc. award holders within Compass, Inc.

Negatives

• Anywhere Real Estate Inc. ceased to be an independent publicly traded company, becoming a wholly-owned subsidiary of Compass, Inc.
• The reporting person no longer holds direct or indirect beneficial ownership in Anywhere Real Estate Inc. common stock.

Future Outlook

The filing does not provide forward-looking statements or guidance, as it reports a completed insider transaction related to a merger.

Industry Context

This transaction reflects ongoing consolidation within the real estate brokerage and technology sector, where larger players like Compass are acquiring competitors to expand market share and capabilities.

Stakeholder Impact

• Shareholders of Anywhere Real Estate Inc. are now shareholders of Compass, Inc., altering their investment portfolio.
• Anywhere Real Estate Inc. ceases to exist as an independent public entity, impacting its former employees and operational structure.

Key Dates

Keywords

Anywhere Real Estate, HOUS, Compass, Merger, Form 4, Beneficial Ownership, Director, Stock Transaction, Real Estate