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[Form 4] Redfin Corporation Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

Redfin Corporation (RDFN) � SEC Form 4 filing: Director Kerry D. Chandler reported the settlement of 17,080 restricted stock units (RSUs) into an equal number of common shares on 26 June 2025. The transaction is coded “M,� indicating a routine, non-open-market conversion of a derivative security. After the settlement, Chandler holds 76,479 common shares directly.

The RSUs vested pursuant to Redfin’s Equity Incentive Plan in connection with the pending acquisition of Redfin by Rocket Companies, Inc. under the 9 March 2025 merger agreement. RSUs have no expiration; they either vest or are cancelled. No derivative securities remain following this conversion. The filing does not disclose any cash consideration—RSUs converted on a 1-for-1 basis and were reported at $0 exercise price.

No additional purchases, sales, or option exercises were reported, and Chandler continues to file individually (single reporting person). While routine, the disclosure confirms insider equity alignment as Redfin approaches its merger close.

Redfin Corporation (RDFN) � Comunicazione SEC Modulo 4: Il direttore Kerry D. Chandler ha segnalato la conversione di 17.080 unità azionarie vincolate (RSU) in un pari numero di azioni ordinarie il 26 giugno 2025. L’operazione è codificata come “M�, indicando una conversione di strumenti derivati di routine e non effettuata sul mercato aperto. Dopo la conversione, Chandler detiene direttamente 76.479 azioni ordinarie.

Le RSU sono maturate in base al Piano di Incentivi Azionari di Redfin in relazione alla prossima acquisizione di Redfin da parte di Rocket Companies, Inc. secondo l’accordo di fusione del 9 marzo 2025. Le RSU non hanno scadenza; maturano o vengono cancellate. Non rimangono strumenti derivati dopo questa conversione. La comunicazione non indica alcun corrispettivo in denaro: le RSU sono state convertite con rapporto 1:1 e segnalate con un prezzo di esercizio pari a $0.

Non sono stati segnalati ulteriori acquisti, vendite o esercizi di opzioni, e Chandler continua a presentare le comunicazioni individualmente (persona singola). Pur essendo una procedura ordinaria, la comunicazione conferma l’allineamento azionario degli insider in vista della chiusura della fusione di Redfin.

Redfin Corporation (RDFN) � Presentación SEC Formulario 4: El director Kerry D. Chandler informó la liquidación de 17,080 unidades restringidas de acciones (RSUs) en un número igual de acciones comunes el 26 de junio de 2025. La transacción está codificada como “M�, lo que indica una conversión rutinaria y no realizada en el mercado abierto de un valor derivado. Tras la liquidación, Chandler posee directamente 76,479 acciones comunes.

Las RSUs se consolidaron conforme al Plan de Incentivos de Capital de Redfin en relación con la adquisición pendiente de Redfin por Rocket Companies, Inc. bajo el acuerdo de fusión del 9 de marzo de 2025. Las RSUs no tienen fecha de vencimiento; se consolidan o se cancelan. No quedan valores derivados tras esta conversión. La presentación no revela contraprestación en efectivo: las RSUs se convirtieron a razón de 1 a 1 y se reportaron con un precio de ejercicio de $0.

No se reportaron compras, ventas ni ejercicios adicionales de opciones, y Chandler continúa presentando informes de manera individual (persona reportante única). Aunque es rutinario, el informe confirma la alineación accionarial interna a medida que Redfin se acerca al cierre de la fusión.

레드핀 코퍼레이� (RDFN) � SEC 양식 4 제출: 이사 케� D. 챈들러가 17,080개의 제한 주식 단위(RSU)2025� 6� 26�� 동일� 수의 보통주로 정산했다� 보고했습니다. 거래 코드� “M”으�, 이는 파생증권� 일상적이� 비공� 시장 전환임을 나타냅니�. 정산 � 챈들러는 직접 76,479�� 보통주를 보유하고 있습니다.

� RSU� 2025� 3� 9� 합병 계약� 따른 Rocket Companies, Inc.� 레드핀 인수 예정� 관련하� 레드핀� 주식 인센티브 계획� 따라 권리가 확정되었습니�. RSU� 만료 기한� 없으�, 권리가 확정되거� 취소됩니�. 이번 전환 � 파생증권은 남아 있지 않습니다. 제출서에� 현금 대가가 공개되지 않았으며, RSU� 1대1 비율� 전환되었� 행사가격은 $0� 보고되었습니�.

추가 매수, 매도 또는 옵션 행사� 보고되지 않았으며, 챈들러는 계속해서 개인별로 보고하고 있습니다(단일 보고�). 일상적인 절차이지�, 이번 공시� 레드핀� 합병 마감� 다가옴에 따라 내부� 주식 정렬� 확인시켜 줍니�.

Redfin Corporation (RDFN) � Dépôt SEC Formulaire 4 : Le directeur Kerry D. Chandler a déclaré le règlement de 17 080 unités d’actions restreintes (RSU) en un nombre égal d’actions ordinaires le 26 juin 2025. La transaction est codée “M�, indiquant une conversion de dérivés de routine, non effectuée sur le marché ouvert. Après le règlement, Chandler détient directement 76 479 actions ordinaires.

Les RSU ont été acquises conformément au Plan d’Incitation en Actions de Redfin dans le cadre de l’acquisition en cours de Redfin par Rocket Companies, Inc. selon l’accord de fusion du 9 mars 2025. Les RSU n’ont pas de date d’expiration ; elles sont soit acquises, soit annulées. Aucun dérivé ne subsiste après cette conversion. Le dépôt ne révèle aucune contrepartie en espèces � les RSU ont été converties à raison de 1 pour 1 et déclarées à un prix d’exercice de 0 $.

Aucun achat, vente ou exercice d’option supplémentaire n’a été signalé, et Chandler continue de déposer individuellement (personne unique déclarant). Bien que routinière, cette divulgation confirme l’alignement des actions des initiés alors que Redfin approche de la clôture de sa fusion.

Redfin Corporation (RDFN) � SEC Formular 4 Meldung: Direktor Kerry D. Chandler meldete die Abrechnung von 17.080 Restricted Stock Units (RSUs) in eine gleiche Anzahl von Stammaktien am 26. Juni 2025. Die Transaktion ist mit „M� codiert, was auf eine routinemäßige, nicht am offenen Markt erfolgte Umwandlung eines Derivats hinweist. Nach der Abrechnung hält Chandler direkt 76.479 Stammaktien.

Die RSUs sind gemäß Redfins Equity Incentive Plan im Zusammenhang mit der bevorstehenden Übernahme von Redfin durch Rocket Companies, Inc. gemäß dem Fusionsvertrag vom 9. März 2025 vestiert. RSUs verfallen nicht; sie werden entweder vestiert oder storniert. Nach dieser Umwandlung verbleiben keine Derivate. Die Meldung gibt keine Barvergütung an � RSUs wurden im Verhältnis 1:1 umgewandelt und mit einem Ausübungspreis von 0 $ gemeldet.

Es wurden keine weiteren Käufe, Verkäufe oder Optionsausübungen gemeldet, und Chandler meldet weiterhin individuell (einzelne meldende Person). Obwohl routinemäßig, bestätigt die Meldung die Insider-Aktienausrichtung, während sich Redfin der Fusion nähert.

Positive
  • Director Kerry D. Chandler acquired 17,080 common shares through RSU settlement, raising her direct stake to 76,479 shares, aligning interests ahead of the Rocket Companies merger.
Negative
  • None.

Insights

TL;DR: Routine RSU vesting adds 17,080 shares to director’s stake; neutral for valuation but shows continued insider alignment.

The Form 4 reflects an automatic conversion of vested RSUs into common stock, increasing Kerry Chandler’s direct holdings to 76,479 shares. No open-market buying or selling occurred, and the exercise price was zero. Such administrative settlements usually carry minimal market impact, yet they reaffirm that insiders will participate in the same consideration as other shareholders in the forthcoming Rocket Companies takeover. Because the terms were already embedded in the merger agreement, I classify the disclosure as neutral for near-term share price movements.

TL;DR: Filing confirms director equity conversion tied to merger; governance implications minor.

The conversion follows standard provisions in Redfin’s Equity Incentive Plan that accelerate or settle awards upon a change-in-control. No new grants or discretionary accelerations are indicated, signalling adherence to pre-approved plan terms. The director’s post-transaction ownership strengthens alignment but does not alter control dynamics since Ms. Chandler was not a 10% owner. I view the governance impact as non-material, warranting a neutral (-0/1) rating.

Redfin Corporation (RDFN) � Comunicazione SEC Modulo 4: Il direttore Kerry D. Chandler ha segnalato la conversione di 17.080 unità azionarie vincolate (RSU) in un pari numero di azioni ordinarie il 26 giugno 2025. L’operazione è codificata come “M�, indicando una conversione di strumenti derivati di routine e non effettuata sul mercato aperto. Dopo la conversione, Chandler detiene direttamente 76.479 azioni ordinarie.

Le RSU sono maturate in base al Piano di Incentivi Azionari di Redfin in relazione alla prossima acquisizione di Redfin da parte di Rocket Companies, Inc. secondo l’accordo di fusione del 9 marzo 2025. Le RSU non hanno scadenza; maturano o vengono cancellate. Non rimangono strumenti derivati dopo questa conversione. La comunicazione non indica alcun corrispettivo in denaro: le RSU sono state convertite con rapporto 1:1 e segnalate con un prezzo di esercizio pari a $0.

Non sono stati segnalati ulteriori acquisti, vendite o esercizi di opzioni, e Chandler continua a presentare le comunicazioni individualmente (persona singola). Pur essendo una procedura ordinaria, la comunicazione conferma l’allineamento azionario degli insider in vista della chiusura della fusione di Redfin.

Redfin Corporation (RDFN) � Presentación SEC Formulario 4: El director Kerry D. Chandler informó la liquidación de 17,080 unidades restringidas de acciones (RSUs) en un número igual de acciones comunes el 26 de junio de 2025. La transacción está codificada como “M�, lo que indica una conversión rutinaria y no realizada en el mercado abierto de un valor derivado. Tras la liquidación, Chandler posee directamente 76,479 acciones comunes.

Las RSUs se consolidaron conforme al Plan de Incentivos de Capital de Redfin en relación con la adquisición pendiente de Redfin por Rocket Companies, Inc. bajo el acuerdo de fusión del 9 de marzo de 2025. Las RSUs no tienen fecha de vencimiento; se consolidan o se cancelan. No quedan valores derivados tras esta conversión. La presentación no revela contraprestación en efectivo: las RSUs se convirtieron a razón de 1 a 1 y se reportaron con un precio de ejercicio de $0.

No se reportaron compras, ventas ni ejercicios adicionales de opciones, y Chandler continúa presentando informes de manera individual (persona reportante única). Aunque es rutinario, el informe confirma la alineación accionarial interna a medida que Redfin se acerca al cierre de la fusión.

레드핀 코퍼레이� (RDFN) � SEC 양식 4 제출: 이사 케� D. 챈들러가 17,080개의 제한 주식 단위(RSU)2025� 6� 26�� 동일� 수의 보통주로 정산했다� 보고했습니다. 거래 코드� “M”으�, 이는 파생증권� 일상적이� 비공� 시장 전환임을 나타냅니�. 정산 � 챈들러는 직접 76,479�� 보통주를 보유하고 있습니다.

� RSU� 2025� 3� 9� 합병 계약� 따른 Rocket Companies, Inc.� 레드핀 인수 예정� 관련하� 레드핀� 주식 인센티브 계획� 따라 권리가 확정되었습니�. RSU� 만료 기한� 없으�, 권리가 확정되거� 취소됩니�. 이번 전환 � 파생증권은 남아 있지 않습니다. 제출서에� 현금 대가가 공개되지 않았으며, RSU� 1대1 비율� 전환되었� 행사가격은 $0� 보고되었습니�.

추가 매수, 매도 또는 옵션 행사� 보고되지 않았으며, 챈들러는 계속해서 개인별로 보고하고 있습니다(단일 보고�). 일상적인 절차이지�, 이번 공시� 레드핀� 합병 마감� 다가옴에 따라 내부� 주식 정렬� 확인시켜 줍니�.

Redfin Corporation (RDFN) � Dépôt SEC Formulaire 4 : Le directeur Kerry D. Chandler a déclaré le règlement de 17 080 unités d’actions restreintes (RSU) en un nombre égal d’actions ordinaires le 26 juin 2025. La transaction est codée “M�, indiquant une conversion de dérivés de routine, non effectuée sur le marché ouvert. Après le règlement, Chandler détient directement 76 479 actions ordinaires.

Les RSU ont été acquises conformément au Plan d’Incitation en Actions de Redfin dans le cadre de l’acquisition en cours de Redfin par Rocket Companies, Inc. selon l’accord de fusion du 9 mars 2025. Les RSU n’ont pas de date d’expiration ; elles sont soit acquises, soit annulées. Aucun dérivé ne subsiste après cette conversion. Le dépôt ne révèle aucune contrepartie en espèces � les RSU ont été converties à raison de 1 pour 1 et déclarées à un prix d’exercice de 0 $.

Aucun achat, vente ou exercice d’option supplémentaire n’a été signalé, et Chandler continue de déposer individuellement (personne unique déclarant). Bien que routinière, cette divulgation confirme l’alignement des actions des initiés alors que Redfin approche de la clôture de sa fusion.

Redfin Corporation (RDFN) � SEC Formular 4 Meldung: Direktor Kerry D. Chandler meldete die Abrechnung von 17.080 Restricted Stock Units (RSUs) in eine gleiche Anzahl von Stammaktien am 26. Juni 2025. Die Transaktion ist mit „M� codiert, was auf eine routinemäßige, nicht am offenen Markt erfolgte Umwandlung eines Derivats hinweist. Nach der Abrechnung hält Chandler direkt 76.479 Stammaktien.

Die RSUs sind gemäß Redfins Equity Incentive Plan im Zusammenhang mit der bevorstehenden Übernahme von Redfin durch Rocket Companies, Inc. gemäß dem Fusionsvertrag vom 9. März 2025 vestiert. RSUs verfallen nicht; sie werden entweder vestiert oder storniert. Nach dieser Umwandlung verbleiben keine Derivate. Die Meldung gibt keine Barvergütung an � RSUs wurden im Verhältnis 1:1 umgewandelt und mit einem Ausübungspreis von 0 $ gemeldet.

Es wurden keine weiteren Käufe, Verkäufe oder Optionsausübungen gemeldet, und Chandler meldet weiterhin individuell (einzelne meldende Person). Obwohl routinemäßig, bestätigt die Meldung die Insider-Aktienausrichtung, während sich Redfin der Fusion nähert.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Chandler Kerry D

(Last) (First) (Middle)
C/O REDFIN CORPORATION
1099 STEWART STREET, SUITE 600

(Street)
SEATTLE WA 98101

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Redfin Corp [ RDFN ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
06/26/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 06/26/2025 M 17,080 A (1) 76,479 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Unit (1) 06/26/2025 M 17,080 (2) (3) Common Stock 17,080 $0 0 D
Explanation of Responses:
1. Restricted stock units ("RSUs") convert into common stock on a one-for-one basis upon settlement.
2. These RSUs vested on June 26, 2025 pursuant to the terms of Redfin Corporation's ("the Company") Equity Incentive Plan in connection with the pending acquisition of the Company by Rocket Companies, Inc. ("Parent") pursuant to the Agreement and Plan of Merger, dated March 9, 2025, by and among the Company, Parent and Neptune Merger Sub, Inc., a wholly owned subsidiary of Parent.
3. RSUs do not expire; they either vest or are canceled prior to the vesting date.
Remarks:
/s/ Anthony Kappus, attorney-in-fact 06/30/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many Redfin shares did director Kerry D. Chandler acquire on 26-Jun-2025?

She converted 17,080 RSUs into an equal number of common shares.

What is Kerry D. Chandler's total Redfin ownership after the Form 4 transaction?

Her direct beneficial ownership increased to 76,479 common shares.

Was any cash paid for the RSU conversion reported in this Form 4?

No. The RSUs settled on a 1-for-1 basis at a $0 exercise price.

Why did the RSUs vest on 26-Jun-2025?

The vesting occurred under Redfin’s Equity Incentive Plan in connection with the pending acquisition by Rocket Companies, Inc.

Does this Form 4 indicate insider buying or selling on the open market?

No. It documents a routine conversion of vested RSUs, not an open-market trade.

Is the director filing individually or as part of a group?

The box indicates the Form is filed by one reporting person; no group filing is involved.
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