Summary by Futu AI
Selim Freiha, the Chief Financial Officer of Opendoor Technologies Inc., has filed an Initial Statement of Beneficial Ownership of Securities with the SEC, as per Form 3 requirements. The document, dated November 4, 2024, indicates that Freiha does not beneficially own any securities in the company. The filing, which is a standard regulatory requirement for officers, directors, and certain beneficial owners, was signed by attorney-in-fact Carrie Wheeler on November 12, 2024. This formality is part of the compliance with Section 16(a) of the Securities Exchange Act of 1934 and is intended to provide transparency regarding the ownership stakes of key company insiders.