Summary by Moomoo AI
Eric Feder, a director and 10% owner of Opendoor Technologies Inc., filed an initial statement of beneficial ownership with the SEC on May 1, 2024, as per Form 3 requirements. The filing, which is mandated by Section 16(a) of the Securities Exchange Act of 1934, indicates that Feder does not beneficially own any non-derivative or derivative securities of the company. The form, signed by attorney-in-fact Carrie Wheeler on May 2, 2024, confirms Feder's direct or indirect ownership status and is a standard procedure for new insiders of publicly traded companies to report their securities holdings.