{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-22-314744","form_type":"8-K","ticker":"OPEN","cik":"0001801169","company_name":"Opendoor Technologies Inc.","filed_at":"2022-12-29T23:59:59+00:00","discovered_at":"2026-05-14T18:03:52.172805+00:00","generated_at":"2026-06-20T21:59:59.537718+00:00","sec_items":["5.02"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"confidence":"high","headline":"Opendoor adopts Executive Severance Plan covering CEO, CFO, and key employees","bullets":["Severance plan adopted Dec 22, 2022; CEO designated Tier 1 Executive, CFO and certain others Tier 2.","On termination without cause or for good reason (non-CIC): Tier 1 gets base plus target bonus over 12 months, COBRA, equity acceleration of shares vesting within 12 months.","On change-in-control termination: Tier 1 gets 1.5x base salary plus pro rata bonus over 18 months, COBRA, 100% acceleration of time-based equity.","Benefits require release of claims and compliance with restrictive covenants; 280G cutback applies if excise tax triggered."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-22-314744","json":"https://secwatch.observer/filing/0001193125-22-314744.json","markdown":"https://secwatch.observer/filing/0001193125-22-314744.md","text":"https://secwatch.observer/filing/0001193125-22-314744.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1801169/000119312522314744/0001193125-22-314744-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1801169/000119312522314744/d432996d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T21:59:59.537718+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}