Form 4: Anywhere Real Estate Officer's Holdings Shift Post-Merger
Insider Transaction Report
An executive's beneficial ownership in Anywhere Real Estate Inc. has been converted into Compass Inc. shares following a merger.
Summary
- Eric M. Chesin, EVP, Chief Strategy Officer of Anywhere Real Estate Inc., reported changes in his beneficial ownership.
- 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, Inc.
- Each share of Anywhere Real Estate common stock was converted into the right to receive 1.436 fully paid and nonassessable shares of Compass Class A common stock.
- Mr. Chesin disposed of 187,872 shares of Anywhere Real Estate common stock as part of this merger conversion.
- His outstanding Performance Share Unit (PSU) awards and Restricted Stock Unit (RSU) awards in Anywhere Real Estate were canceled and converted into new RSU awards in respect of Compass Shares.
- Following these transactions, Mr. Chesin beneficially owns RSU awards representing a total of 187,872 Compass Class A common shares.
Sentiment
Score: 5
Explanation: Neutral, as this is a factual report of a mandatory merger-related transaction and does not inherently convey positive or negative sentiment about the company's performance or outlook.
Stakeholder Impact
- Shareholders of Anywhere Real Estate Inc. had their shares converted into Compass Inc. shares.
- Employees holding equity awards in Anywhere Real Estate Inc. had their awards converted into Compass Inc. RSU awards.
Key Dates
| Date | Description |
|---|---|
| 09/22/2025 | Date of the Agreement and Plan of Merger between Anywhere Real Estate Inc., Compass, Inc., and Velocity Merger Sub, Inc. |
| 01/09/2026 | Effective date of the merger where Anywhere Real Estate Inc. became a wholly-owned subsidiary of Compass, Inc., and the date of the reported equity transactions. |
Keywords
Anywhere Real Estate Inc., HOUS, Compass Inc., Merger, Form 4, Beneficial Ownership, Equity Conversion, Restricted Stock Units, Performance Share Units, Executive Compensation
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