Form 4: Redfin Director Kerry Chandler Reports Stock Transactions, Including RSU Conversion and New Grant

Redfin Corp. Director Kerry D. Chandler reported the conversion of restricted stock units into common stock and the acquisition of new restricted stock units, increasing her direct beneficial ownership.

Summary

• Redfin Corp. Director Kerry D. Chandler reported transactions involving the company's common stock and restricted stock units (RSUs) on June 9, 2025, and June 17, 2025.
• On June 9, 2025, Ms. Chandler converted 25,423 restricted stock units (RSUs) into common stock, which vested on the same date.
• Following this conversion, Ms. Chandler's direct beneficial ownership of Redfin common stock increased to 59,399 shares.
• On June 17, 2025, Ms. Chandler acquired 17,080 new restricted stock units (RSUs).
• These newly acquired RSUs are scheduled to vest on June 6, 2026, and have an expiration date of June 17, 2035.

Sentiment

Score: 7

Explanation: The sentiment is moderately positive as it indicates a director's continued equity stake in the company through RSU conversion and new grants, aligning their interests with shareholders. These are routine compensation events.

Positives

• The conversion of 25,423 restricted stock units into common stock increases Director Kerry D. Chandler's direct beneficial ownership, aligning her interests further with shareholders.
• The grant of an additional 17,080 restricted stock units demonstrates continued compensation and retention of a key director.

Stakeholder Impact

• Shareholders: The transactions demonstrate a director's continued equity ownership and alignment with shareholder interests through stock-based compensation.

Next Steps

• The 17,080 newly acquired Restricted Stock Units are scheduled to vest on June 6, 2026.

Key Dates

Keywords

Redfin, RDFN, SEC Form 4, Insider Trading, Stock Grant, Restricted Stock Units, RSU, Director, Kerry D Chandler, Equity Compensation