Form 4: Redfin Corp's Chief Technology Officer, Bridget Frey, Executes Stock Option
SEC Form 4 Filing
Bridget Frey, Chief Technology Officer of Redfin Corp, exercised a stock option to acquire 5,807 shares of common stock at a price of $6.39 on August 27, 2024.
Summary
- On August 27, 2024, Bridget Frey, the Chief Technology Officer of Redfin Corp, exercised a stock option.
- This transaction involved the acquisition of 5,807 shares of Redfin's common stock at a price of $6.39 per share.
- Following the transaction, Frey directly owns 448,721 shares of Redfin Corp.
- The stock option was fully exercisable on the transaction date, August 27, 2024, and expires on October 14, 2024.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to stock option exercises, indicating a neutral sentiment.
Industry Context
This is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction may have a minor dilutive effect on existing shareholders due to the issuance of new shares.
Key Dates
| Date | Description |
|---|---|
| 08/27/2024 | Date of the stock option exercise and acquisition of shares. |
| 10/14/2024 | Expiration date of the stock option. |
| 08/28/2024 | Date of signature of the report. |
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