Offerpad director granted 108,696 RSUs
Corley Donna M reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Corley Donna M reported acquisition or exercise transactions in this Form 4 filing.
Offerpad Solutions Inc. director Donna M. Corley received a grant of 108,696 shares of Class A common stock in the form of restricted stock units. These RSUs represent the right to receive one share each when they vest. After this award, she directly holds 274,293 shares. The RSUs vest on the earlier of June 3, 2027 or the date of the company’s next annual stockholder meeting following the grant, as long as she continues serving through that vesting date.
Insights
Director receives routine RSU grant that increases equity stake.
Director Donna M. Corley was granted 108,696 restricted stock units, each tied to one share of Offerpad Solutions Inc. Class A common stock. The grant carries no cash exercise price and appears to be standard board compensation.
The RSUs vest on the earlier of June 3, 2027 or the next annual stockholder meeting after the grant, contingent on continued service. This structure encourages director retention and aligns interests with shareholders over a multi‑year period.
Following the grant, Corley’s direct holdings total 274,293 shares. There are no derivative positions listed, indicating this filing mainly reflects a new equity award rather than complex option activity.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 108,696 | $0.00 | $0.00 |
Footnotes (1)
- F1. Consists of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Offerpad Solutions Inc. (the "Issuer") Class A common stock. The RSUs vest on the earlier to occur of (i) June 3, 2027 and (ii) the date of the next annual meeting of stockholders of the Issuer following the grant date, subject to continued service through the applicable vesting date.
Key Figures
Key Terms
restricted stock units financial
Class A common stock financial
contingent right financial
annual meeting of stockholders regulatory
continued service financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Offerpad Solutions (OPAD) disclose in this Form 4 for Donna M. Corley?
When do Donna M. Corley’s Offerpad (OPAD) RSUs vest?
What are restricted stock units (RSUs) in Offerpad’s (OPAD) Form 4 filing?
Was Donna M. Corley’s Offerpad (OPAD) RSU transaction a market purchase or sale?
AI-generated analysis. How Rhea-AI works. Not financial advice.