secwatch.observer — SEC 8-K summary
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Issuer:     Opendoor Technologies Inc. (OPEN)
CIK:        0001801169
Form:       8-K/A
Filed at:   2025-08-28T23:59:59+00:00
Accession:  0001140361-25-033195
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 7.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1801169/000114036125033195/0001140361-25-033195-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1801169/000114036125033195/ef20054807_8ka.htm
  HTML page:      https://secwatch.observer/filing/0001140361-25-033195

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