Form 4: Anywhere Real Estate Director's Shares Convert in Merger
Insider Transaction Report
Anywhere Real Estate Inc. Director Bryson R. Koehler's shares were converted into Compass, Inc. stock following the completion of a previously announced merger.
Summary
- Anywhere Real Estate Inc. completed its merger with Velocity Merger Sub, Inc., a wholly owned subsidiary of Compass, Inc., on January 9, 2026.
- Anywhere Real Estate Inc. now operates as a wholly owned subsidiary of Compass, Inc.
- Director Bryson R. Koehler disposed of 153,025 shares of Anywhere Real Estate Inc. common stock.
- Each share of Anywhere Real Estate Inc. common stock was converted into the right to receive 1.436 fully paid and nonassessable shares of Compass, Inc. Class A common stock.
- Outstanding RSU awards for 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: 5
Explanation: The filing is a mandatory report of a completed merger and insider share conversion, providing no new performance or strategic updates beyond the execution of a previously announced event.
Positives
- The merger completion provides a clear path forward for Anywhere Real Estate Inc. shareholders, converting their holdings into shares of Compass, Inc.
- The transaction was executed as previously announced, indicating successful strategic integration.
Negatives
- Bryson R. Koehler no longer directly beneficially owns shares in Anywhere Real Estate Inc. following the merger.
Future Outlook
The filing reports a completed transaction and does not provide forward-looking statements or guidance.
Industry Context
This transaction represents a consolidation within the real estate brokerage industry, with Compass, Inc. expanding its market presence by acquiring Anywhere Real Estate Inc. Such mergers are common strategies for growth and market share expansion in competitive sectors.
Stakeholder Impact
- Shareholders of Anywhere Real Estate Inc. received shares of Compass, Inc. Class A common stock, along with cash in lieu of fractional shares, as a result of the merger.
- Holders of RSU awards in Anywhere Real Estate Inc. had their awards converted into RSU awards in Compass Shares, adjusted by the exchange ratio.
Key Dates
| Date | Description |
|---|---|
| 09/22/2025 | Date of the Agreement and Plan of Merger between Anywhere Real Estate Inc. and Compass, Inc. |
| 01/09/2026 | Date of Earliest Transaction; Effective Time of the Merger where Anywhere Real Estate Inc. merged into Velocity Merger Sub, Inc. |
Keywords
Anywhere Real Estate Inc., Compass Inc., Merger, Acquisition, Form 4, Insider Transaction, Beneficial Ownership, Stock Conversion, Real Estate, HOUS, Bryson R. Koehler
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