secwatch.observer — SEC 8-K summary
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Issuer:     Opendoor Technologies Inc. (OPEN)
CIK:        0001801169
Form:       8-K
Filed at:   2024-09-12T23:59:59+00:00
Accession:  0001801169-24-000153
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Opendoor appoints former Fannie Mae President David Benson to Board
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- David Benson appointed to Board effective Sept 11, 2024, as Class III director until 2026 annual meeting.
- Benson also appointed to Audit Committee; received prorated grant of 78,432 RSUs.
- Benson served as President of Fannie Mae from 2018 to May 2024, overseeing $4 trillion in assets.
- CEO Carrie Wheeler cites Benson's three decades of residential real estate and capital markets leadership.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1801169/000180116924000153/0001801169-24-000153-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1801169/000180116924000153/open-20240911.htm
  HTML page:      https://secwatch.observer/filing/0001801169-24-000153

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer