Independent
Tenure on this board
1.9 yrs
Also a director at
Essent Group Ltd (ESNT)
Meeting calendar
OPEN · Annual meeting · Thursday, June 11, 2026
Opendoor Technologies Inc
3 nominees · 3 ballot items.
Election of three Class III directors (David Benson, Eric Feder, Eric Wu); ratification of Deloitte & Touche LLP as independent auditors for 2026; and advisory (non-binding) approval of the compensation of the named executive officers (Say-on-Pay).
Market cap
$4.3B
1Y TSR
+195.2%
Board grade
C-
Record date
Apr 16, 2026
Filing
DEF 14A
Meeting concluded · Jun 11, 2026
Follow how the vote landed and what changed on Opendoor Technologies Inc’s board — director track records, governance grades, and ongoing monitoring — on the Boardroom Alpha platform.
Proposals
On the ballot3
- 1
Election of Directors
ManagementBoard: FORElect David Benson, Eric Feder and Eric Wu as Class III members of the Board to hold office until the 2029 Annual Meeting.
- 2
Ratification of Appointment of Independent Registered Public Accounting Firm
ManagementBoard: FORRatify the appointment by the Audit and Risk Committee of Deloitte & Touche LLP as Opendoor's independent registered public accounting firm for the fiscal year ending December 31, 2026.
- 3
Advisory (Non-Binding) Vote to Approve Named Executive Officer Compensation (Say-on-Pay
ManagementBoard: FORApprove, on an advisory (non-binding) basis, the 2025 compensation of Opendoor’s named executive officers as disclosed in the proxy statement.
More detail
This management proposal requests a non-binding shareholder endorsement of the company’s 2025 named executive officer (NEO) compensation as disclosed in the proxy materials. Management is seeking this advisory approval to validate the Compensation Committee’s design and implementation of pay practices that the Board believes align executive incentives with long-term stockholder value. The company’s 2025 program shifted materially toward performance-based equity (PRSUs tied to product-level profit and multi-year stock-price hurdles), reduced guaranteed annual cash bonuses for new hires, and granted large CEO sign-on awards that are contingent on sustained stock price appreciation and time-based service. The Compensation Committee emphasizes that these instruments are intended to motivate long-term execution toward profitability and durable unit economics and to retain critical talent while minimizing cash outlays and short-term incentives. The proposal is non-binding, but the Board says it will consider the advisory vote outcome when making future compensation decisions; management also cites strong prior stockholder support (approximately 97% in 2025) as evidence of alignment. From an analyst perspective, the design signals a pay-for-performance philosophy but also raises governance considerations: the magnitude and structure of CEO sign-on PRSUs (large notional value with multi-year stock-price hurdles) can create perceived upside concentration and make realized CEO pay highly sensitive to stock volatility rather than purely to operating performance. The plan’s extensive use of market-condition PRSUs and complex vesting (double-trigger change-in-control provisions, price gates, time-based vesting) may complicate investors’ ability to assess realized pay-for-performance alignment in the near term. The company’s disclosures (including the pay ratio and the pay-versus-performance table) indicate that reported grant-date values greatly exceed actual realized compensation to date, underscoring that most potential value is contingent. Overall, the Board’s rationale is to more tightly align management and stockholder interests through long-duration, performance-priced equity, but investors should weigh the contingencies, the prior high advisory support, and whether the metrics and stock-price hurdles appropriately reflect company fundamentals and shareholder returns.
Director elections
Nominees on the ballot3
Independent
Tenure on this board
2.2 yrs
Also a director at
Hippo Holdings Inc (HIPO)
Not independent
Tenure on this board
0.8 yrs
Ownership
Latest 13F quarterTop institutional holders10
| # | Owner | % of shares | Shares | Value |
|---|---|---|---|---|
| 1 | MORGAN STANLEY | 9.9% | 95,183,545 | $445M |
| 2 | VANGUARD PORTFOLIO MANAGEMENT LLC | 7.3% | 70,068,568 | $328M |
| 3 | VANGUARD CAPITAL MANAGEMENT LLC | 3.7% | 35,540,759 | $166M |
| 4 | AMERICAN CENTURY COMPANIES INC | 1.5% | 14,201,716 | $66M |
| 5 | LENNAR CORP /NEW/ | 1.4% | 13,534,807 | $63M |
| 6 | BlackRock, Inc. | 1.4% | 13,067,840 | $61M |
| 7 | RENAISSANCE TECHNOLOGIES LLC | 1.2% | 11,810,938 | $55M |
| 8 | CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 1.2% | 11,228,863 | $53M |
| 9 | MILLENNIUM MANAGEMENT LLC | 1.1% | 10,836,428 | $51M |
| 10 | GEODE CAPITAL MANAGEMENT, LLC | 1.1% | 10,489,251 | $49M |
Peers
Nearest market capOther Real Estate sector meetings6
Upcoming shareholder meetings at Opendoor Technologies Inc’s closest sector peers — compare boards, ballots, and ownership across the cohort.
Ready Capital CorpRC
Annual meeting·Jul 17, 2026·$271M
Avalonbay Communities IncAVB
Special meeting·Aug 12, 2026·$27.2B
Inpoint Commercial Real Estate Income IncICR-PA
Annual meeting·Sep 16, 2026
Broadstone Net Lease IncBNL
Annual meeting·Apr 30, 2026·$4.4B
Copt Defense PropertiesCDP
Annual meeting·May 14, 2026·$4.3B
Americold Realty TrustCOLD
Annual meeting·May 18, 2026·$4.5B
Reference
Frequently asked questions
- When is the Opendoor Technologies Inc 2026 annual meeting?
- Opendoor Technologies Inc (OPEN) holds its 2026 annual shareholder meeting on Thursday, June 11, 2026.
- What is the record date for the Opendoor Technologies Inc 2026 meeting?
- The record date for the Opendoor Technologies Inc 2026 meeting is Thursday, April 16, 2026. Shareholders of record on or before that date are eligible to vote.
- Who are the director nominees for Opendoor Technologies Inc's 2026 meeting?
- The board is presenting 3 director nominees at the Opendoor Technologies Inc 2026 meeting, listed with their independence status and background.
- What proposals will shareholders vote on at the Opendoor Technologies Inc 2026 meeting?
- Shareholders will vote on 3 proposals at the Opendoor Technologies Inc 2026 meeting, each tagged with who proposed it and the board's recommendation.
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