Bridget Frey - Dec 14, 2023 Form 4 Insider Report for Redfin Corp (RDFN)

Role
Chief Technology Officer
Signature
/s/ Anthony Kappus
Stock symbol
RDFN
Transactions as of
Dec 14, 2023
Transactions value $
-$244,150
Form type
4
Date filed
12/18/2023, 04:00 PM
Previous filing
Nov 22, 2023
Next filing
Feb 22, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RDFN Common Stock Sale -$135K -15K -3.45% $9.00 420K Dec 14, 2023 Direct F1
transaction RDFN Common Stock Sale -$109K -10.9K -2.6% $10.00 409K Dec 14, 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

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).

Explanation of Responses:

Id Content
F1 The reporting person effected the transaction pursuant to a Rule 10b5-1 trading plan that she adopted on May 15, 2023.