---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-25-033195"
form_type: "8-K/A"
ticker: "OPEN"
cik: "0001801169"
company_name: "Opendoor Technologies Inc."
filed_at: "2025-08-28T23:59:59+00:00"
generated_at: "2026-05-17T09:29:46.121710+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Opendoor finalizes Radhakrishna's compensation as President/Interim CEO; Radhakrishna buys 30,000 shares

## Summary
- Effective Aug 26, Radhakrishna's base salary set at $700,000; annual target bonus at 50% of salary with minimum $500,000 for 2025.
- One-time cash retention bonus of $250,000 granted in connection with his appointment.
- On Aug 28, Radhakrishna purchased 30,000 shares of common stock on the open market.
- Radhakrishna, CFO Selim Freiha, and SVP Sydney Schaub terminated their 10b5-1 stock sale plans.

## SEC filing metadata
- accession: 0001140361-25-033195
- form_type: 8-K/A
- ticker: OPEN
- cik: 0001801169
- company_name: Opendoor Technologies Inc.
- filed_at: 2025-08-28T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1801169/000114036125033195/0001140361-25-033195-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1801169/000114036125033195/ef20054807_8ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-25-033195
- JSON: https://secwatch.observer/filing/0001140361-25-033195.json
- Plain text: https://secwatch.observer/filing/0001140361-25-033195.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.