Form 4: Redfin Director Julie Bornstein Reports Stock Transactions
SEC Form 4 Filing
Julie Bornstein, a director at Redfin Corp, reported the acquisition and disposal of common stock and derivative securities on June 16, 2024.
Summary
- On June 16, 2024, Julie Bornstein, a director of Redfin Corp, reported transactions involving the company's stock.
- These transactions included the acquisition of 16,819 shares of common stock and the disposal of 16,819 shares.
- The transactions were related to the vesting and conversion of restricted stock units (RSUs).
- Following these transactions, Ms. Bornstein directly owns 43,219 shares of Redfin common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting stock transactions by a company director. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for company insiders (directors, officers, and major shareholders) to report transactions in their company's stock, providing transparency to the market.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
- It helps investors understand the actions of company leadership.
Key Dates
| Date | Description |
|---|---|
| 06/16/2024 | Date of the reported stock transactions (acquisition and disposal) and vesting of restricted stock units. |
| 06/13/2033 | Expiration date of the restricted stock units. |
| 06/20/2024 | Date of signature on the Form 4 filing. |
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