4/A: Opendoor Technologies Inc. Executive Megan D. Meyer Amends Filing to Correct Vesting Schedule
SEC Filing
Megan D. Meyer, President, Sell Direct & Svcs. of Opendoor Technologies Inc., amended a previous SEC Form 4 filing to correct the vesting schedule of restricted stock units.
Summary
- Megan D. Meyer, an officer at Opendoor Technologies Inc., filed an amendment to a previous Form 4 filing.
- The amendment corrects the vesting schedule of 2,380,952 restricted stock units (RSUs) awarded to Meyer.
- The RSUs vest over time, with one-twelfth of the total number vesting on each quarterly anniversary following January 15, 2024, subject to continued service.
- Following the transaction, Meyer beneficially owns 4,846,752 shares of Opendoor Technologies Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing correcting a vesting schedule, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the equity-based compensation of key personnel.
Stakeholder Impact
- The correction of the vesting schedule ensures accurate reporting of executive compensation, which is important for shareholder transparency.
Key Dates
| Date | Description |
|---|---|
| 02/26/2024 | Date of transaction involving the acquisition of common stock. |
| 02/27/2024 | Date of original Form 4 filing that was amended. |
| 03/04/2024 | Date of the amended filing. |
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