Form 4: Redfin Director Kerry D. Chandler Reports Stock Transactions
SEC Form 4 Filing
Kerry D. Chandler, a director at Redfin Corp, reported the conversion of restricted stock units into common stock on June 16, 2024.
Summary
- On June 16, 2024, Kerry D. Chandler, a director of Redfin Corp, reported a transaction involving the conversion of 16,819 restricted stock units into common stock.
- Following the transaction, Chandler directly owns 33,976 shares of Redfin common stock.
- The restricted stock units converted on a one-for-one basis and vested on June 16, 2024.
- The restricted stock units expire on June 13, 2033.
Sentiment
Score: 5
Explanation: This is a neutral report of a routine stock transaction by a company director. It doesn't inherently indicate positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is a common occurrence in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a standard conversion of equity compensation.
Key Dates
| Date | Description |
|---|---|
| 06/16/2024 | Date of transaction: Conversion of restricted stock units to common stock and vesting of restricted stock units. |
| 06/13/2033 | Expiration date of the restricted stock units. |
| 06/20/2024 | Date of signature on the report. |
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