[Form 4] Offerpad Solutions Inc. Insider Trading Activity

Rhea-AI Filing Summary

Katherine Curnutte, a director of Offerpad Solutions Inc. (OPAD), was granted 71,429 restricted stock units (RSUs) that convert into Class A common stock. The Form 4 shows the grant recorded at a $0 price and indicates that after the reported transaction Ms. Curnutte beneficially owns 133,122 shares on a direct basis.

The RSUs vest on the earlier of June 5, 2026 or the date of the next annual meeting of stockholders, contingent on continued service. Vested RSUs will be settled into shares within 45 days following the earliest to occur of the director's separation from service, a change in control, death, or disability.

Positive

• Grant of 71,429 RSUs aligns the director's interests with shareholders by increasing equity stake.
• Beneficial ownership increased to 133,122 shares on a direct basis following the reported transaction.
• RSUs convert to Class A common stock, providing clear equity settlement mechanics when vested.

Negative

• RSUs are unvested and contingent, vesting only on the earlier of June 5, 2026 or the next annual meeting and subject to continued service.
• Settlement is delayed until vesting and then only within 45 days after specified events (separation, change in control, death, or disability).

Insights

Financial Analyst

TL;DR Director grant of 71,429 RSUs raises direct holdings to 133,122; vesting schedule delays near-term share issuance.

The reported grant of 71,429 RSUs is a compensation-based equity award recorded at no purchase price, increasing Ms. Curnutte's direct beneficial ownership to 133,122 shares. This aligns the director's economic incentives with shareholders but the scheduled vesting (earlier of June 5, 2026 or the next annual meeting) means the award is not immediately transferable. Investors should note these are contingent awards that will convert to Class A common stock only upon vesting and applicable settlement events.

Corporate Governance Expert

TL;DR Typical director equity grant with standard service-based vesting and customary settlement triggers; governance impact is neutral to modestly positive.

The Form 4 documents a standard restricted stock unit award to a director, which is common practice for aligning management and board incentives. Vesting tied to continued service and the next annual meeting is consistent with governance norms, and settlement provisions (within 45 days after separation, change in control, death, or disability) are explicit. The disclosure is clear about the contingent nature of the award and the conversion to Class A common stock upon vesting.

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
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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^*

Curnutte Katherine

(Last) (First) (Middle)

C/O OFFERPAD SOLUTIONS INC.

433 S. FARMER AVENUE SUITE 500

(Street)

TEMPE AZ 85281

(City) (State) (Zip)

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

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

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

3. Date of Earliest Transaction (Month/Day/Year)
08/08/2025

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

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

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

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)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	08/08/2025		A		71,429(1)	A	$0	133,122	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. 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 5, 2026 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. To the extent vested, RSUs 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.

	/s/ Adam Martinez, as Attorney-in-fact for Katherine Curnutte	08/12/2025
	** 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.
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FAQ

What transaction did Katherine Curnutte report on the OPAD Form 4?

She was granted 71,429 restricted stock units (RSUs) representing the right to receive Offerpad Class A common stock.

How many shares does Katherine Curnutte own after the reported transaction (OPAD)?

She beneficially owns 133,122 shares on a direct basis following the reported transaction.

When do the RSUs vest for Katherine Curnutte's OPAD grant?

Vesting occurs on the earlier of June 5, 2026 or the next annual meeting of stockholders, subject to continued service.

When will the RSUs be settled into Offerpad shares?

Vested RSUs will be settled in shares within 45 days following the earliest of separation from service, a change in control, death, or disability.

What is Katherine Curnutte's role at Offerpad as disclosed on the Form 4?

She is reported as a director of Offerpad Solutions Inc.

Was there a purchase price for the RSU grant on the Form 4?

The form lists a price of $0 for the reported award, indicating these are compensation RSUs rather than a purchased holding.