---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-25-045459"
form_type: "8-K"
ticker: "OPEN"
cik: "0001801169"
company_name: "Opendoor Technologies Inc."
filed_at: "2025-12-15T23:59:59+00:00"
generated_at: "2026-05-16T13:14:46.551251+00:00"
event_type: "leadership"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Opendoor appoints Lucas Matheson as President, Christy Schwartz as CFO; Radhakrishna remains CTO

## Summary
- Lucas Matheson (ex-CEO Coinbase Canada) becomes President Dec 22, 2025; oversees corporate dev, FP&A, blockchain tokenization exploration for homeownership.
- Christy Schwartz (interim CFO) named permanent CFO effective Jan 1, 2026; base salary $1.2M through May 2026 then $500K, plus sign-on bonus of $100K.
- Matheson receives $500K base, $200K sign-on bonus, and two PRSU awards totaling $12M initial value with stock price hurdles from $6.24 to $33.
- Schwartz receives 1.695M PRSUs with $6.24 price hurdle and another 1.695M PRSUs split into 7 tranches at hurdles from $9 to $33.
- Shrisha Radhakrishna steps down as President but continues as Chief Technology and Product Officer leading engineering, product, design, and data.

## SEC filing metadata
- accession: 0001140361-25-045459
- form_type: 8-K
- ticker: OPEN
- cik: 0001801169
- company_name: Opendoor Technologies Inc.
- filed_at: 2025-12-15T23:59:59+00:00
- event_type: leadership
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1801169/000114036125045459/0001140361-25-045459-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1801169/000114036125045459/ef20061208_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-25-045459
- JSON: https://secwatch.observer/filing/0001140361-25-045459.json
- Plain text: https://secwatch.observer/filing/0001140361-25-045459.txt

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