Offerpad director granted 108,696 RSUs
Mathias Tela Gallagher reported acquisition or exercise transactions in this Form 4 filing.
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 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
RSUs financial
contingent right financial
vesting date financial
annual meeting of stockholders financial
FAQ
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