Form 4: Redfin's Chief Human Resources Officer, Anna Stevens, Reports Stock Transactions

Anna Stevens, Chief Human Resources Officer at Redfin, reports the acquisition and disposal of Redfin common stock and restricted stock units.

Summary

• On May 20, 2024, Anna Stevens, Chief Human Resources Officer of Redfin, acquired 12,472 shares of common stock through the conversion of restricted stock units.
• Also on May 20, 2024, she disposed of 3,722 shares of common stock at a price of $7.11.
• Additionally, on May 20, 2024, she acquired 4,108 shares of common stock through the conversion of restricted stock units.
• She also disposed of 1,226 shares of common stock at $7.11 on the same day.
• On May 21, 2024, Stevens sold 11,632 shares of common stock at a weighted average price of $6.9627, with prices ranging from $6.92 to $7.05.
• Following these transactions, Stevens directly owns 0 shares of Redfin common stock.
• She also holds 62,361 restricted stock units that convert into common stock on a one-for-one basis and 16,429 restricted stock units that convert into common stock on a one-for-one basis.

Sentiment

Score: 5

Explanation: This is a neutral report of stock transactions. It doesn't inherently indicate positive or negative sentiment about the company's performance.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to the market regarding the actions of company executives.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies and their insiders.
• The transactions reported are typical for executives who receive stock-based compensation.
• Similar filings are made by executives at comparable companies like Zillow, Opendoor, and Compass.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership.
• The transactions do not directly impact employees, customers, suppliers, or creditors.

Key Dates