Director Michael Alfred filed a Form 4 with the SEC on November 2, 2026, disclosing two restricted stock unit grants from Opendoor Technologies Inc. (NASDAQ:OPEN) on October 29 and October 30, 2026.

Key Highlights

  • First grant: 45,268 RSUs were acquired on October 29, 2026, at a price of $0, under the issuer's non-employee director compensation policy.
  • Second grant: 12,566 RSUs were acquired on October 30, 2026, also at a price of $0, under the same policy.
  • Direct ownership total: Following both transactions, the reporting person directly owns 57,834 shares of common stock.
  • Indirect ownership: The reporting person also has indirect beneficial ownership of 7,000,000 shares held by Alpine Fox LP, though the filing states he disclaims beneficial ownership of those shares except to the extent of his pecuniary interest.
  • Vesting terms: Both RSU awards fully vest on the earlier of the issuer's next annual stockholder meeting or the first anniversary of the grant date, subject to continued service as a non-employee director.

RSU Grants to Opendoor Director Michael Alfred: Transaction Details

According to the filing, Michael Alfred, a director of Opendoor Technologies Inc., received two separate RSU grants in late October 2026. On October 29, 2026, he was awarded 45,268 RSUs, and on October 30, 2026, he received an additional 12,566 RSUs. Both grants were made at a price of $0 and are attributed to the issuer's non-employee director compensation policy. Each RSU represents a contingent right to receive one share of the issuer's common stock, the filing states.

The filing explains that both RSU awards are subject to time-based vesting and will fully vest on the earlier of the date of the issuer's next annual meeting of stockholders or the first anniversary of the date of grant, in each case contingent on the reporting person's continued service to the issuer as a non-employee director through the applicable vesting date. Following these two transactions, Michael Alfred's direct beneficial ownership stands at 57,834 shares.

The filing also reports that Michael Alfred may be deemed a beneficial owner of 7,000,000 shares of the issuer's common stock held indirectly through Alpine Fox LP, based on his relationship with that entity. However, the filing notes that he "disclaims beneficial ownership of the shares of the Issuer's common stock held by Alpine Fox LP, except to the extent of his pecuniary interest therein." The Form 4 was signed by Rishi Kotiya as attorney-in-fact and filed on November 2, 2026.

What Was Disclosed

The filing discloses two RSU grants to Opendoor Technologies director Michael Alfred on October 29 and October 30, 2026, totaling 57,834 directly owned shares, plus indirect beneficial ownership of 7,000,000 shares held through Alpine Fox LP, which the reporting person disclaims except for his pecuniary interest.