Opendoor Technologies Executive Compensation (FY25)

Name: Opendoor Technologies (OPEN) executive compensation
Creator: Velarion
License: https://intel.velarion.ai/terms

OPEN · Executive and director compensation, fiscal 2022 to 2025

Chief executive, fiscal 2025

◇

Kaz Nejatian

Median of the other named officers

$1,956,293

7 officers, excluding the chief executive

Latest say-on-pay support

June 11, 2026

Chief executive pay ratio

◇

To the median employee

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Data as of November 4, 2026Latest filing (8-K): June 12, 2026

10 filings cited on this page

Method: intel.velarion.ai/methodology

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226 figures on this page: 220 cited to the filing that reported them, 6 calculated from figures it prints. See the citations

What changed from fiscal 2024 to fiscal 2025

The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.

Chief executive of record: Carrie Wheeler → Kaz Nejatian

Say-on-pay support: 97.2% → 58.6% (38.6 points lower)

CEO pay ratio: 8:1 → 7,581:1

Frequently asked questions

Answers drawn from the data on this page.

Who is Opendoor Technologies' chief executive and what were they paid?

Kaz Nejatian, Chief Executive Officer, received $741,137,105 in total compensation for fiscal 2025.

What was Opendoor Technologies' say-on-pay result?

For fiscal 2025, shareholders backed the say-on-pay proposal with 58.6% of votes cast for or against in favor at the meeting held June 11, 2026.

Which companies are in Opendoor Technologies' peer group?

The disclosed peer group includes Anywhere Real Estate, Beazer Homes USA, Beyond, Carvana Co. and Chewy, among others. Companies named in the General Peers include Beyond, Carvana Co., Chewy, Frontier Group Holdings and Hertz Global Holdings, among others. The Industry Peers names Anywhere Real Estate, Compass, eXp World Holdings, Offerpad Solutions and Redfin, among others.

What is Opendoor Technologies' chief executive pay ratio?

The company reported a chief executive pay ratio of 7,581:1 for fiscal 2025, against median employee compensation of $97,758.

Executive compensation

Every element reported for each named executive officer, by fiscal year.

Fiscal 2022

Officer	Salary	Bonus	Stock awards	Option awards	Non-equity incentive	Pension and deferred earnings	All other compensation	Total
Sydney Schaub Chief Legal Officer	◇	◇	◇	—	—	—	—	◇
Christina Schwartz Interim Chief Financial Officer & Chief Accounting Officer Served on an interim basis	◇	—	◇	—	—	—	—	◇
Daniel Morillo Former Chief Investment Officer Departed during or after this year	◇	◇	—	—	—	—	—	◇
Carrie Wheeler Chief Executive Officer	◇	—	—	—	—	—	—	◇
Andrew Kee Former President Departed during or after this year	◇	—	—	—	—	—	—	◇
Eric Wu Former Chief Executive Officer & President, Marketplace Departed during or after this year	◇	—	—	—	—	—	—	◇

Fiscal 2023

Officer	Salary	Bonus	Stock awards	Option awards	Non-equity incentive	Pension and deferred earnings	All other compensation	Total
Carrie Wheeler Former Chief Executive Officer	◇	◇	◇	—	—	—	—	◇
Daniel Morillo Former Chief Investment Officer Departed during or after this year	◇	◇	—	—	—	—	—	◇
Christy Schwartz Interim Chief Financial Officer Served on an interim basis	◇	◇	—	—	—	—	—	◇
Megan Toolson President, Sell Direct and Services	◇	◇	—	—	—	—	—	◇
Sydney Schaub Former Chief Legal Officer	◇	◇	—	—	—	—	—	◇

Fiscal 2024

Officer	Salary	Bonus	Stock awards	Option awards	Non-equity incentive	Pension and deferred earnings	All other compensation	Total
Megan Meyer Toolson Former President, Sell Direct and Services Departed during or after this year	◇	—	◇	—	—	—	◇	◇
Selim Freiha Former Chief Financial Officer	◇	◇	◇	—	—	—	◇	◇
Christina Schwartz Chief Financial Officer Served on an interim basis	◇	◇	◇	—	—	—	◇	◇
Sydney Schaub Former Chief Legal Officer	◇	—	◇	—	—	—	◇	◇
Carrie Wheeler Former Chief Executive Officer	◇	—	—	—	—	—	◇	◇

Fiscal 2025

Officer	Salary	Bonus	Stock awards	Option awards	Non-equity incentive	Pension and deferred earnings	All other compensation	Total
Kaz Nejatian Chief Executive Officer	—	—	◇	—	—	—	—	◇
Giang LeGrice Chief Operating Officer	◇	◇	◇	—	—	—	—	◇
Christina Schwartz Chief Financial Officer	◇	—	◇	—	—	—	◇	◇
Lucas Matheson President	◇	—	◇	—	—	—	—	◇
Carrie Wheeler Former Chief Executive Officer Departed during or after this year	◇	—	◇	—	—	—	◇	— not reconciled
Shrisha Radhakrishna Chief Technology & Product Officer and Former President and Interim Principal Executive Officer Served on an interim basis	◇	◇	◇	—	—	—	◇	◇
Selim Freiha Former Chief Financial Officer Departed during or after this year	◇	◇	◇	—	—	—	◇	◇
Sydney Schaub Former Chief Legal Officer Departed during or after this year	◇	◇	◇	—	—	—	◇	◇

A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.

Fiscal 2025

Officer	Award	Grant date	Threshold units	Target units	Units granted	Maximum units	Exercise price	Grant date fair value
Carrie Wheeler	RSU	◇	—	—	◇	—	—	◇
Carrie Wheeler	PSU	◇	◇	◇	—	◇	—	◇
Christina Schwartz	RSU	◇	—	—	◇	—	—	◇
Christina Schwartz	RSU	◇	—	—	◇	—	—	◇
Christina Schwartz	PSU	◇	—	◇	—	—	—	◇
Giang LeGrice	RSU	◇	—	—	◇	—	—	◇
Giang LeGrice	PSU	◇	—	◇	—	—	—	◇
Giang LeGrice	RSU	◇	—	—	◇	—	—	◇
Kaz Nejatian	RSU	◇	—	—	◇	—	—	◇
Kaz Nejatian	PSU	◇	—	◇	—	—	—	◇
Kaz Nejatian	PSU	◇	—	◇	—	—	—	◇
Lucas Matheson	RSU	◇	—	—	◇	—	—	◇
Matheson Giang	RSU	◇	—	—	◇	—	—	◇
Selim Freiha	PSU	◇	◇	◇	—	◇	—	◇
Shrisha Radhakrishna	PSU	◇	◇	◇	—	◇	—	◇
Sydney Schaub	PSU	◇	◇	◇	—	◇	—	◇
Sydney Schaub	RSU	◇	—	—	◇	—	—	◇

Fiscal 2022, 2023, 2024 are included in the PDF.

A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.

As disclosed at fiscal 2025 year end

Officer	Award	Unvested units	Market value of unvested units	Exercise price	Expires
Kaz Nejatian	PSU	◇	◇	—	—
	RSU	◇	◇	—	—
Giang LeGrice	PSU	◇	◇	—	—
	PSU	◇	◇	—	—
	RSU	◇	◇	—	—
Shrisha Radhakrishna	RSU	◇	◇	—	—
Christina Schwartz	PSU	◇	◇	—	—
	RSU	◇	◇	—	—
Lucas Matheson	PSU	◇	◇	—	—

A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director compensation

What each non-employee director was paid.

Fiscal 2025

Director	Fees earned in cash	Stock awards	Option awards	Non-equity incentive	Pension and deferred earnings	All other compensation	Total
Pueo Keffer	◇	◇	—	—	—	◇	◇
Dana Hamilton	◇	◇	—	—	—	—	◇
Glenn Solomon	◇	◇	—	—	—	—	◇
Adam Bain	◇	◇	—	—	—	—	◇
Eric Feder Lead independent director	◇	◇	—	—	—	—	◇
David Benson	◇	◇	—	—	—	—	◇
Cipora Herman	◇	◇	—	—	—	—	◇
John Rice	◇	—	—	—	—	—	◇
Keith Rabois Board chair	◇	—	—	—	—	—	◇
Eric Wu	◇	—	—	—	—	—	◇

Earlier years are included in the PDF.

A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.

Board cash retainer	◇
Board equity retainer	◇
Total board retainer	◇
Lead independent director premium	◇
Audit committee chair	◇
Audit committee member	◇
Compensation committee chair	◇
Compensation committee member	◇
Nominating and governance chair	◇
Nominating and governance member	◇

Equity is delivered as restricted stock units.

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.

Fiscal 2025

Anywhere Real Estate HOUS
Beazer Homes USA BZH
Beyond BYON
Carvana Co. CVNA
Chewy CHWY
Compass COMP
Dream Finders Homes DFH
eXp World Holdings EXPI
Insperity NSP
Kelly Services KELYA
LendingClub LC
Lyft LYFT
Offerpad Solutions OPAD
Peloton Interactive PTON
Stitch Fix SFIX
Wayfair W
Zillow Group Z

General Peers

Beyond BYND
Carvana Co. CVNA
Chewy CHWY
Frontier Group Holdings ULCC
Hertz Global Holdings HTZ
Insperity NSP
LendingClub HAPN
Lyft LYFT
Wayfair W

Industry Peers

Anywhere Real Estate HOUS
Compass COMP
eXp World Holdings EXPI
Offerpad Solutions OPAD
Redfin RDFN
Zillow Group Z

Say-on-pay history

Shareholder support for the compensation program, by year.

Year	Meeting	Support	Votes for	Votes against	Abstentions
2025	June 11, 2026	=	◇	◇	◇
2024	June 13, 2025	=	◇	◇	◇
2023	June 14, 2024	=	◇	◇	◇
2022	June 14, 2023	=	◇	◇	◇
2021	May 25, 2022	=	◇	◇	◇
2020	June 17, 2021	=	◇	◇	◇

Chief executive pay ratio

As calculated and reported by the company.

Ratio

◇

Median employee compensation

◇

Chief executive total compensation

◇

Ask our research desk — $99, 24h, every figure cited to its filing.

Sample answer — “What is the CEO’s total compensation?”

- Kaz Nejatian (Chief Executive Officer), FY2025 total compensation $741,137,105 (base salary $0) [exec_comp, SEC accession 0001140361-26-017460, filed 2026-04-28]

See a complete sample report

What this page does not include

Everything above is a fact Opendoor Technologies disclosed, and it is free. Everything below is our analysis of those facts, and it is not.

Peer benchmarking

Where Opendoor Technologies sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.

Executive Compensation Report — $500

Written compensation analysis

A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.

Executive Compensation Report — $500

Board and governance analysis

Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.

Board Governance Report — $500

Realizable pay

What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.

Velarion Intelligence

Say-on-pay responsiveness

Opendoor Technologies recorded a low support level. The responsiveness analysis covers what the company said it would do, what it did, and how that compares with the companies that recovered their vote.

Responsiveness analysis

Adviser switching and vote outcomes

Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.

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Multiple companies at once

Cross-company views, cohort screens, and data export across the industries we cover. This page is one company; the platform is all of them.

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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.

226 figures on this page: 220 cited to the filing that reported them, 6 calculated from figures it prints.

220 cited to the filing

6 calculated from the filing

Documents cited

8-K, filed June 12, 2026
0001801169-26-000016
Item 5.07 Submission of Matters to a Vote of Security Holders
DEF 14A, filed April 28, 2026
0001140361-26-017460
2025 Grants of Plan-Based Awards · CEO Pay Ratio · Non-Employee Director Compensation · Outstanding Equity Awards at 2025 Fiscal Year End · and 1 more section
8-K, filed June 17, 2025
0001801169-25-000044
Item 5.07 Submission of Matters to a Vote of Security Holders
DEF 14A, filed April 25, 2025
0001140361-25-015722
Summary Compensation Table
8-K, filed June 17, 2024
0001801169-24-000101
Item 5.07 Submission of Matters to a Vote of Security Holders
DEF 14A, filed April 24, 2024
0001140361-24-021743
Summary Compensation Table
8-K, filed June 16, 2023
0001801169-23-000072
Item 5.07 Submission of Matters to a Vote of Security Holders
DEF 14A, filed April 27, 2023
0001140361-23-021060
Summary Compensation Table
8-K, filed May 27, 2022
0001801169-22-000055
Item 5.07 Submission of Matters to a Vote of Security Holders
8-K, filed June 22, 2021
0001801169-21-000065
Item 5.07 Submission of Matters to a Vote of Security Holders

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Velarion, “Opendoor Technologies executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/OPEN (accessed 2026).

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10 filings cited on this page

Method: intel.velarion.ai/methodology

A report that fails to generate is refunded in full

Published by Velarion Company Intelligence

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Peers Opendoor Technologies discloses

The companies named in OPEN's own disclosed peer group.

Anywhere Real Estate Beazer Homes USA Carvana Co.Chewy Compass Dream Finders Homes Insperity Kelly Services Lyft Offerpad Solutions Peloton Interactive Stitch Fix Wayfair Zillow Group Beyond Frontier Group Holdings Hertz Global Holdings LendingClub Redfin

Terms on this page

Say-on-Pay Vote CEO Pay Ratio Median Employee Compensation All companies

Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.

Cite this data

APA

Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854

BibTeX

@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}