STOCK TITAN

Offerpad (NYSE: OPAD) CLO has 235 shares withheld to cover RSU taxes

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

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.

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Insider Martinez Adam
Role Chief Legal Officer
Type Security Shares Price Value
Tax Withholding Class A Common Stock 235 $4.95 $1K
Holdings After Transaction: Class A Common Stock — 31,944 shares (Direct, null)
Footnotes (1)
  1. [object Object]
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
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.
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SEC Form 4
FORM 4UNITED 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)
Director10% Owner
XOfficer (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)
XForm 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)
CodeVAmount(A) or (D)Price
Class A Common Stock06/12/2026F235(1)D$4.9531,944D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
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 Martinez06/16/2026
** Signature of Reporting PersonDate
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)

FAQ

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.