Opendoor Technologies Inc. — Director's Dealing 2025

Dec 23, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Opendoor Technologies Inc. (OPEN)
CIK: 0001801169
Period of Report: 2025-12-22

Reporting Person: Matheson Lucas (President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-12-22	Common Stock	A	854153	—	Acquired	854153	Direct
2025-12-22	Common Stock	A	854153	—	Acquired	1708306	Direct

Footnotes

F1: Preliminary information about the grant was disclosed in the Current Report on From 8-K filed by the Company with the Securities and Exchange Commission on December 15, 2025.

F2: Represents an award of 854,153 restricted stock units ("RSUs") that is eligible to vest in installments, with 20% vesting on April 15, 2026, and the remainder vesting in substantially equal quarterly installments thereafter, subject to the Reporting Person's continued employment through each applicable vesting date and the achievement of an average closing stock price that equals or exceeds $6.24 over a 30 trading day period preceding the applicable vesting date or any of the four quarterly vesting dates immediately following the applicable vesting date, with the award becoming fully vested on April 15, 2030.

F3: Represents an award of 854,153 RSUs that is eligible to vest in seven equal tranches, with each tranche subject to a performance-based vesting condition that requires achievement of an average closing stock price hurdle (equal to $9, $13, $17, $21, $25, $29 and $33), as measured over a 30 trading day period that commences on April 15, 2026 and ends on October 15, 2030, as well as satisfying applicable time-based vesting conditions.