STOCK TITAN

Offerpad (OPAD) director receives 4,807 RSUs as equity award

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

Rhea-AI Filing Summary

DEGIORGIO KENNETH D reported acquisition or exercise transactions in this Form 4 filing.

Offerpad Solutions Inc. director Kenneth D. DeGiorgio received an equity award of 4,807 shares of Class A Common Stock. The shares were granted at no cash cost per share and bring his directly held position reported in this filing to 45,615 shares.

The award consists of fully vested restricted stock units that will be settled in Class A common shares 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

  • None.
Insider DEGIORGIO KENNETH D
Role null
Type Security Shares Price Value
Grant/Award Class A Common Stock 4,807 $0.00 --
Holdings After Transaction: Class A Common Stock — 45,615 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Equity award size 4,807 shares Grant of Class A Common Stock on June 30, 2026
Grant price per share $0.00 per share Director equity award acquisition
Holdings after transaction 45,615 shares Director’s direct Class A Common Stock position after award
Settlement window 45 days RSUs settled within 45 days after specified trigger events
restricted stock units financial
"Consists of fully-vested restricted stock units, which will be settled in shares"
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.
change in control financial
"following the earliest to occur of: (i) the director's separation from service; (ii) a change in control of the Issuer"
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.
Class A Common Stock financial
"Class A Common Stock"
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.
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates
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*
DEGIORGIO KENNETH D

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/30/2026
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 Stock06/30/2026A4,807(1)A$045,615D
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. 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.
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, as Attorney-in-fact for Kenneth D. DeGiorgio07/02/2026
** 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 did Offerpad (OPAD) director Kenneth DeGiorgio report in this Form 4?

Kenneth DeGiorgio reported receiving an equity award of 4,807 shares of Offerpad Class A Common Stock. These shares were granted at no cash cost and increase his reported direct holdings to 45,615 shares as of the transaction date.

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

The transaction was not an open-market trade; it was a grant or award acquisition of 4,807 shares at a price of $0.00 per share. This reflects compensation in equity rather than a discretionary market purchase or sale by the director.

How many Offerpad (OPAD) shares does Kenneth DeGiorgio hold after this reported award?

After the reported equity award, Kenneth DeGiorgio’s directly held position shown in the filing is 45,615 shares of Offerpad Class A Common Stock. This total includes the 4,807 newly granted shares reported in the June 30, 2026 transaction.

What type of equity was granted to the Offerpad (OPAD) director in this filing?

The filing describes the award as fully vested restricted stock units that will be settled in Class A common shares. Settlement will occur within 45 days after specific events such as separation from service, a change in control, death, or disability.

When will the restricted stock units for Offerpad (OPAD) director be settled into shares?

The restricted stock units will be settled into Offerpad Class A common shares within 45 days following the earliest of four events: the director’s separation from service, a change in control of Offerpad, the director’s death, or the director’s disability.