Offerpad (NYSE: OPAD) director awarded 14,462 RSU-based Class A shares
Rhea-AI Filing Summary
Offerpad Solutions Inc. director Kenneth DeGiorgio reported receiving 14,462 shares of Class A common stock on 12/31/2025 at a price of $0 per share. After this equity award, he beneficially owns 264,027 shares directly. The reported amount consists of fully vested restricted stock units that will be settled in Class A common stock within 45 days after the earliest of the director’s separation from service, a change in control of Offerpad, the director’s death, or the director’s disability.
Positive
- None.
Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 14,462 | $0.00 | $0.00 |
Footnotes (1)
- F1. Consists of fully-vested restricted stock units, which will be settled in shares of the Issuer's Class A common stock within 45 days following the earliest to occur of: (i) the director's separation from service; (ii) a change in control of the Issuer; (iii) the director's death; or (iv) the director's disability.
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FAQ
What insider transaction did Offerpad Solutions Inc. (OPAD) disclose in this Form 4?
The filing reports that director Kenneth DeGiorgio acquired 14,462 shares of Offerpad Solutions Inc. Class A common stock on 12/31/2025 at a price of $0 per share.
What type of equity award did the Offerpad (OPAD) director receive?
The award consists of fully-vested restricted stock units that will be settled in shares of Offerpad’s Class A common stock.
What is the relationship of the reporting person to Offerpad Solutions Inc. (OPAD)?
The reporting person serves as a director of Offerpad Solutions Inc., as indicated in the relationship section of the filing.
Is this Offerpad (OPAD) Form 4 filed by one individual or a group?
The document states that the Form is filed by one reporting person, not by more than one reporting person.