Form 4: Opendoor Technologies Inc. Executive Megan D. Meyer Reports Sale of Shares

Megan D. Meyer, President, Sell Direct & Svcs. of Opendoor Technologies Inc., reported the sale of 115,020 shares of common stock at an average price of $1.9076.

Summary

• On October 15, 2024, Megan D. Meyer, President, Sell Direct & Svcs. of Opendoor Technologies Inc., sold 115,020 shares of common stock.
• The sale was executed at a weighted average price of $1.9076 per share.
• The prices for individual transactions ranged from $1.86 to $1.955.
• Following the transaction, Meyer directly owns 4,293,098 shares of Opendoor Technologies Inc.
• The sale was conducted under a mandatory sell-to-cover program implemented by the compensation committee of Opendoor's board of directors.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it reports a routine stock sale by an executive under a pre-existing program. It doesn't inherently indicate positive or negative sentiment about the company's prospects.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, which is common in the real estate technology industry. It doesn't necessarily indicate a broader trend but provides transparency into executive stock ownership.

Key Dates