Redfin CORP

Market Movers (8-K)

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Redfin Corporation has completed its merger with Rocket Companies, Inc., becoming a wholly-owned subsidiary and leading to its delisting from The Nasdaq Global Select Market.
Capital raise
Redfin Corporation announced that its stockholders have approved the proposed merger with Rocket Companies, Inc., with an amended filing correcting a previous voting results table.
Redfin Corporation announced that its stockholders have approved the proposed merger with Rocket Companies, Inc., satisfying a key condition for the transaction expected to close by July 1, 2025.
Redfin Corporation has filed an 8-K detailing multiple stockholder lawsuits challenging the completeness of its Definitive Proxy Statement related to the proposed merger with Rocket Companies, Inc., leading to supplemental disclosures.
Delay expected
Redfin Corporation announces the expiration of the Hart-Scott-Rodino Act waiting period, a key step forward in its planned merger with Rocket Companies, Inc.
Redfin's Q1 2025 revenue decreased slightly, but the company saw growth in lead agents and loyalty sales, all while preparing for its acquisition by Rocket Companies.
Worse than expected

Quarterly Earnings (10-Q)

Redfin's Q1 2025 revenue declined slightly year-over-year amidst a pending merger with Rocket Companies and a new partnership with Zillow.
Worse than expected
Redfin Corporation's third quarter 2024 results show a 3% increase in revenue compared to the same period last year, driven by growth in rentals, mortgage, and other segments, despite a slight decrease in real estate services revenue.
Worse than expected
Capital raise
Redfin Corporation's second quarter 2024 results show a 7% increase in revenue compared to the same period last year, driven by growth in real estate services and rentals.
Capital raise
Worse than expected
Redfin Corporation's first quarter 2024 results show a revenue increase but continued net losses, reflecting ongoing challenges in the real estate market.
Worse than expected
Capital raise

Annual Reports (10-K)

Redfin Corporation files an amendment to its 2024 annual report to include Part III information regarding directors, executive officers, and corporate governance, initially omitted in reliance on General Instruction G(3) to Form 10-K.
Worse than expected
Redfin Corporation's Form 10-K filing details the company's financial performance for the year ended December 31, 2024, highlighting both challenges and strategic initiatives in a dynamic real estate market.
Worse than expected
Redfin Corporation's 2023 annual report reveals a year of strategic adjustments amidst a challenging real estate market, including a significant workforce reduction and the wind-down of RedfinNow.
Worse than expected
Capital raise

Insider Trading (Form 4)

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Redfin's Chief Growth Officer, Christian John Taubman, reported the disposition of Redfin common stock and conversion of Restricted Stock Units as a result of Redfin's merger with Rocket Companies, Inc. on July 1, 2025.
Redfin's Chief Human Resources Officer, Anna Stevens, reported the conversion of her Redfin common stock and restricted stock units into Rocket Companies Class A Common Stock following the merger effective July 1, 2025.
Redfin Corporation's Chief Financial Officer, Christopher John Nielsen, converted all his Redfin common stock, stock options, and restricted stock units into Rocket Companies, Inc. securities as a result of the merger effective July 1, 2025.
Redfin Corporation's CEO, Glenn Kelman, converted all his common stock and had his stock options assumed by Rocket Companies, Inc. following the merger where Redfin became a wholly-owned subsidiary of Rocket Companies.
Redfin Corp's Chief of Real Estate Services, Jason Aleem, reported the conversion of his common stock and restricted stock units into Rocket Companies, Inc. shares as a result of the merger effective July 1, 2025.
Redfin Corporation's Chief Technology Officer, Bridget Frey, converted all her Redfin common stock, stock options, and restricted stock units into Rocket Companies, Inc. equity following the merger effective July 1, 2025.

Proxy Statements (Def-14A)

Redfin Corporation has filed supplemental disclosures to its definitive proxy statement in response to multiple shareholder lawsuits and demand letters challenging the completeness and accuracy of information related to its proposed merger with Rocket Companies, Inc.
Delay expected
Rocket Companies will acquire Redfin, pending stockholder approval, merging the real estate platform with its financial technology services.
Redfin Corporation has filed a definitive proxy statement with the SEC regarding its upcoming shareholder meeting.
Redfin's 2024 proxy statement outlines key proposals for the annual stockholder meeting, including director elections, executive compensation, and a stockholder proposal regarding EEO risk reporting.
Worse than expected

Schedule 13G - Passive Investments

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Goldman Sachs Group and its affiliate reported a 0.1% beneficial ownership stake in Redfin Corporation as of September 30, 2025.
The Goldman Sachs Group, Inc. and its subsidiary Goldman Sachs & Co. LLC have reported a 5.2% beneficial ownership stake in Redfin Corporation's common stock.
BlackRock, Inc. has filed an Amendment No. 7 to its Schedule 13G, reporting a 2.0% beneficial ownership of Redfin Corp's common stock as of June 30, 2025.
The Vanguard Group has filed an updated Schedule 13G, reporting a reduction in its passive ownership stake in Redfin Corp to 4.75% as of June 30, 2025.
Worse than expected
BlackRock, Inc. has filed an amended Schedule 13G, reporting a 7.0% beneficial ownership stake in Redfin Corp's common stock as of March 31, 2025.
The Vanguard Group has filed an amended Schedule 13G, reporting a beneficial ownership of 13.57% of Redfin Corp's Common Stock as of December 31, 2024.