Welcome to our dedicated page for Opendoor Technologies SEC filings (Ticker: OPEN), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Opendoor Technologies Inc.'s SEC filings document results of operations, Regulation FD disclosures, governance matters, and capital-structure actions for its residential real estate transaction platform. Form 8-K filings furnish quarterly and annual earnings releases, earnings supplements, supplemental macroeconomic charts, disclosure-channel updates, executive appointment records, material agreements, and share issuance matters under shelf registration statements.
Proxy materials describe annual meeting mechanics, stockholder voting matters, and governance practices. Capital-structure filings cover Opendoor common stock and its Series K, Series A, and Series Z warrants, including warrant-agreement terms and Nasdaq-listed warrant securities.
Opendoor Technologies Inc. reported the results of its 2026 Annual Meeting of Stockholders held on June 11, 2026. A total of 631,414,882 shares were represented, about 65.45% of outstanding common stock as of the April 16, 2026 record date, establishing a quorum.
Stockholders elected David Benson, Eric Feder, and Eric Wu as Class III directors for three-year terms ending at the 2029 annual meeting. Deloitte & Touche LLP was ratified as independent registered public accounting firm for the year ending December 31, 2026. Stockholders also approved, on an advisory basis, the compensation of the company’s named executive officers.
Opendoor Technologies Inc. Chief Financial Officer Christina Schwartz reported an open-market sale of 74,348 shares of common stock at a weighted average price of $4.3322 per share. According to the disclosure, this Rule 10b5-1 “sell to cover” transaction was made solely to satisfy tax withholding obligations from previously granted restricted stock awards and was not a discretionary trade. Following the sale, Schwartz directly holds 3,769,866 shares of Opendoor common stock.
OPEN submitted a Form 144 notice reporting proposed sales of 74,348 shares of Common Stock tied to Restricted Stock Units by the issuer, with an 05/15/2026 trade date. The filing also shows 74,248 shares sold during the prior three months by Christina Schwartz on 02/17/2026.
The excerpt lists the broker as Morgan Stanley Smith Barney LLC and records an aggregate reported value of $332,335.56 and a separate figure $320,632.56 associated with the prior sale. This is an administrative resale notice under Rule 144 reporting specific share counts and dates.
Opendoor Technologies Inc. director and Chief Executive Officer Kasra Nejatian reported an open-market purchase of the company’s common stock. He bought 100,000 shares at an average price of $4.878 per share on May 11, 2026, in a transaction classified as a direct ownership purchase.
Following this transaction, Nejatian directly owns 83,578,299 common shares. The footnote states that the trade was executed in the open market in accordance with Opendoor’s Insider Trading and Trading Window Policy, indicating the transaction complied with the company’s internal trading rules.
Opendoor Technologies reported first-quarter 2026 revenue of $720 million, down from $1,153 million a year earlier, as it sold fewer homes in a still‑weak U.S. housing market. Gross profit was $72 million for a 10.0 % gross margin, modestly above 8.6 % last year.
Operating expenses jumped to $231 million from $155 million, driven mainly by $120 million of stock‑based compensation, including $105 million tied to market‑condition RSUs and a CEO cash make‑whole award. Net loss widened to $173 million, or $(0.18) per share, versus a $(0.12) loss.
Opendoor ended March 31, 2026 with $999 million in cash and cash equivalents, $68 million of restricted cash, and real estate inventory of $1,139 million across 3,420 homes. Non‑recourse asset‑backed debt totaled $1,138 million and convertible senior notes had $197 million of principal outstanding, leaving shareholders’ equity at $954 million. Management highlighted ongoing affordability pressures, tighter housing supply, and a more selective, data‑driven approach to pricing and inventory risk.
Opendoor Technologies Inc. reported first-quarter 2026 revenue of $720 million, down from $1.153 billion a year earlier, but with stronger profitability on each home sold. Gross profit was $72 million, and gross margin improved to 10.0% from 8.6%.
The company recorded a net loss of $173 million, wider than the $85 million loss a year ago, while Adjusted Net Loss narrowed to $49 million. Contribution Margin, which focuses on unit-level economics, was 4.4%, in line with the best quarters of the past year, and Adjusted EBITDA was a loss of $31 million.
Management highlighted improved resale margins, faster inventory turnover, and a sharp reduction in aged inventory, which fell to 10% of homes on the market for more than 120 days, compared with 51% in the third quarter of 2025. Homes purchased rose to 2,474, a 45% increase from the prior quarter. The company expects second-quarter 2026 revenue to grow about 25% sequentially, Contribution Margin to be in the middle of its 5–7% target range, and to reach Adjusted EBITDA breakeven for the quarter while driving toward adjusted net income positive on a 12‑month basis by the end of 2026.
Opendoor Technologies Inc reports that Vanguard Portfolio Management beneficially owned 70,068,568 shares of Common Stock, representing 7.31% of the class as of 03/31/2026. The filing states Vanguard has sole dispositive power over these shares and no sole or shared voting power.
Opendoor Technologies Inc. is asking stockholders to vote at its 2026 virtual annual meeting on June 11, 2026 at 9:30 a.m. Pacific Time. Stockholders will elect three Class III directors (David Benson, Eric Feder and Eric Wu) to terms ending in 2029, ratify Deloitte & Touche LLP as auditor for 2026, and approve an advisory Say‑on‑Pay proposal.
The Board has seven members, five of whom are independent, with an independent Chairman and Lead Independent Director and fully independent committees. The company emphasizes performance‑based pay: in 2025, about 97% of the CEO’s compensation and roughly 88.6% of other executives’ compensation were performance‑based, heavily using performance RSUs tied to stock‑price hurdles and long service requirements.
Opendoor Technologies Inc. Chief Legal Officer Sydney Schaub reported routine compensation-related share dispositions to cover taxes on vested restricted stock units. On September 15, 2025, 101,597 shares of common stock were withheld at $9.07 per share. On October 15, 2025, 16,459 shares were withheld at $7.64 per share. These were tax-withholding dispositions, not open-market sales, and Schaub held 1,329,422 Opendoor shares directly after the October transaction.