Offerpad CLO covers taxes with 235 withheld shares

Offerpad Solutions Inc. Chief Legal Officer Adam Martinez reported a small share disposition that was purely for tax purposes.

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Form Type

Rhea-AI Filing Summary

Offerpad Solutions Inc. Chief Legal Officer Adam Martinez reported a small share disposition that was purely for tax purposes. The company withheld 235 shares of Class A Common Stock, valued at $4.95 per share, to satisfy tax obligations on vested restricted stock units. After this withholding, Martinez directly holds 31,944 shares.

Insider Trade Summary

Exercise Price or Tax Liability: 235 shares

Exercise Price or Tax Liability 1 txn

Insider Martinez Adam

Role Chief Legal Officer

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Class A Common Stock	235	$4.95	$1K

Holdings After Transaction: Class A Common Stock — 31,944 shares (Direct)

Footnotes (1)

F1. Represents shares withheld by the Issuer to satisfy tax withholding obligations on the vesting of restricted stock units.

Key Figures

Shares withheld for taxes: 235 shares Withholding price per share: $4.95 per share Shares held after transaction: 31,944 shares

3 metrics

Shares withheld for taxes 235 shares Tax withholding on RSU vesting

Withholding price per share $4.95 per share Value used for tax-withholding shares

Shares held after transaction 31,944 shares Direct holdings after tax-withholding disposition

Key Terms

restricted stock units, tax withholding obligations, Class A Common Stock

3 terms

restricted stock units financial

"tax withholding obligations on the vesting of restricted stock units"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

tax withholding obligations financial

"shares withheld by the Issuer to satisfy tax withholding obligations"

Class A Common Stock financial

"235 shares of Class A Common Stock were withheld"

Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Offerpad (OPAD) report for Adam Martinez?

Offerpad reported that Chief Legal Officer Adam Martinez had 235 shares of Class A Common Stock withheld. The shares were used to cover tax obligations tied to the vesting of restricted stock units, rather than an open-market sale.

Was the Offerpad (OPAD) Form 4 transaction an open-market sale?

No, the Form 4 shows a tax-withholding disposition, not an open-market sale. Offerpad withheld 235 shares from Adam Martinez to satisfy tax obligations related to vested restricted stock units, a routine administrative transaction.

How many Offerpad (OPAD) shares were withheld for taxes from Adam Martinez?

The filing shows 235 shares of Offerpad Class A Common Stock were withheld. These shares, priced at $4.95 each, were used to pay tax obligations arising from the vesting of restricted stock units granted to Martinez.

How many Offerpad (OPAD) shares does Adam Martinez hold after this Form 4?

After the tax-withholding transaction, Adam Martinez directly holds 31,944 shares of Offerpad Class A Common Stock. This figure reflects his position following the 235-share withholding tied to restricted stock unit vesting.

What does transaction code F mean in the Offerpad (OPAD) Form 4?

Transaction code F indicates a tax-withholding disposition. In this case, Offerpad withheld 235 shares from Adam Martinez to cover tax liabilities on vested restricted stock units, rather than him choosing to buy or sell shares in the market.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 06/16/2026 - 04:05 PM EDT

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a 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). See Instruction 10.

1. Name and Address of Reporting Person^*

Martinez Adam

(Last)

(First)

(Middle)

C/O OFFERPAD SOLUTIONS INC.

433 S. FARMER AVENUE, SUITE 500

(Street)

TEMPE

ARIZONA

85281

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Offerpad Solutions Inc. [ OPAD ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Chief Legal Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/12/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	06/12/2026		F		235⁽¹⁾	D	$4.95	31,944	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Represents shares withheld by the Issuer to satisfy tax withholding obligations on the vesting of restricted stock units.

Remarks:

On June 8, 2026, the Issuer effected a 1-for-10 reverse stock split (the "Reverse Stock Split"). The share counts herein have been adjusted to reflect the Reverse Stock Split.

	/s/ Adam Martinez	06/16/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR