STOCK TITAN

Offerpad (OPAD) director Mathias Gallagher receives 108,696 RSU equity award

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

Rhea-AI Filing Summary

Mathias Tela Gallagher reported acquisition or exercise transactions in this Form 4 filing.

Offerpad Solutions Inc. director Mathias Tela Gallagher reported receiving a grant of Class A common stock in the form of restricted stock units. He was awarded 108,696 RSUs, each representing one share of Offerpad Class A common stock when vested. After this award, his total reported direct holdings increased to 245,060 shares, reflecting his equity-based compensation. The RSUs vest on the earlier of June 3, 2027 or the date of Offerpad’s next annual stockholder meeting following the grant, as long as he continues to serve through that vesting date.

Positive

  • None.

Negative

  • None.
Insider Mathias Tela Gallagher
Role null
Type Security Shares Price Value
Grant/Award Class A Common Stock 108,696 $0.00 --
Holdings After Transaction: Class A Common Stock — 245,060 shares (Direct, null)
Footnotes (1)
  1. [object Object]
RSU grant size 108,696 RSUs Equity award reported on Form 4
Transaction price $0.0000 per share RSU grant price per share
Total holdings after grant 245,060 shares Direct ownership following RSU award
Vesting date June 3, 2027 Latest possible RSU vesting date
restricted stock units financial
"Consists of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share"
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.
RSUs financial
"Consists of restricted stock units ("RSUs"). Each RSU represents a contingent right"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
contingent right financial
"Each RSU represents a contingent right to receive one share of Offerpad Solutions Inc."
vesting date financial
"The RSUs vest on the earlier to occur of (i) June 3, 2027 and (ii) the date of the next annual meeting"
annual meeting of stockholders financial
"the date of the next annual meeting of stockholders of the Issuer following the grant date"
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
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*
Mathias Tela Gallagher

(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)
06/03/2026
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 Stock06/03/2026A108,696(1)A$0245,060D
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 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.
/s/ Adam Martinez, as Attorney-In-Fact for Tela Gallagher Mathias06/05/2026
** 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 Mathias Tela Gallagher?

Offerpad reported that director Mathias Tela Gallagher received a grant of 108,696 restricted stock units of Class A common stock. These RSUs are equity compensation and increase his direct holdings reported on the Form 4.

How many Offerpad (OPAD) shares did Mathias Tela Gallagher acquire in this Form 4?

Mathias Tela Gallagher acquired 108,696 restricted stock units, each tied to one Offerpad Class A share. The transaction was reported at a price of $0.0000 per share, reflecting a compensation grant rather than a market purchase.

What are the vesting terms of Mathias Tela Gallagher’s new RSUs at Offerpad (OPAD)?

The 108,696 RSUs vest on the earlier of June 3, 2027 or the date of Offerpad’s next annual stockholder meeting after the grant. Vesting is contingent on his continued service through the applicable vesting date.

What is Mathias Tela Gallagher’s total Offerpad (OPAD) share ownership after this transaction?

Following the RSU grant, Mathias Tela Gallagher’s total reported direct holdings are 245,060 shares of Offerpad Class A common stock. This figure includes the newly granted restricted stock units as reflected in the Form 4.

Was cash paid for the Offerpad (OPAD) shares granted to Mathias Tela Gallagher?

No cash was paid for these shares; the Form 4 lists a transaction price of $0.0000 per share. The 108,696 RSUs represent an equity award, not an open-market purchase, and are part of his director compensation.

What type of security did Mathias Tela Gallagher receive from Offerpad (OPAD)?

He received restricted stock units, or RSUs, tied to Offerpad’s Class A common stock. Each RSU represents a contingent right to receive one share upon vesting, subject to continued service and the specified vesting schedule.