Offerpad (NYSE: OPAD) CLO uses 30,549 shares to cover RSU tax bill

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Offerpad Solutions Inc. Chief Legal Officer Adam Martinez reported a routine tax-related share disposition. On the vesting of restricted stock units, the company withheld 30,549 shares of Class A Common Stock, valued at $0.74 per share, to cover tax withholding obligations. After this non-market transaction, Martinez directly holds 321,793 shares of Class A Common Stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Martinez Adam

Role Chief Legal Officer

Type	Security	Shares	Price	Value
Tax Withholding	Class A Common Stock	30,549	$0.74	$23K

Holdings After Transaction: Class A Common Stock — 321,793 shares (Direct, null)

Footnotes (1)

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Key Figures

Shares withheld for taxes: 30,549 shares Reported value per share: $0.74 per share Shares held after transaction: 321,793 shares

3 metrics

Shares withheld for taxes 30,549 shares Tax withholding on RSU vesting

Reported value per share $0.74 per share Value used for tax-withholding disposition

Shares held after transaction 321,793 shares Direct holdings after tax withholding

Key Terms

restricted stock units, tax withholding obligations, Class A Common Stock, tax-withholding disposition

4 terms

restricted stock units financial

"on the vesting of restricted stock units"

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.

tax withholding obligations financial

"to satisfy tax withholding obligations on the vesting"

Class A Common Stock financial

"Represents shares of 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.

tax-withholding disposition financial

"transaction_action is tax-withholding disposition"

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

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Form 4 Insider Transactions: What Each Field Means →

06/05/2026 - 04:39 PM

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
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^*

Martinez Adam

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/04/2026

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

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	06/04/2026		F		30,549⁽¹⁾	D	$0.74	321,793	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Represents shares withheld by the Issuer to satisfy tax withholding obligations on the vesting of restricted stock units.

	/s/ Adam Martinez	06/05/2026
	** 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.
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)

Source: View Original Filing on SEC EDGAR

FAQ

What did Offerpad (OPAD) insider Adam Martinez report in this Form 4?

Adam Martinez reported shares withheld to cover taxes on vested restricted stock units. The issuer retained 30,549 Class A shares at $0.74 each, a non-market tax-withholding disposition, leaving him with 321,793 shares directly held after the transaction.

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

No, the Form 4 shows a tax-withholding disposition, not an open-market sale. Shares were withheld by Offerpad to satisfy Martinez’s tax obligations from restricted stock unit vesting, meaning he did not actively sell shares in the market.

How many Offerpad (OPAD) shares were withheld for Adam Martinez’s taxes?

Offerpad withheld 30,549 shares of Class A Common Stock from Adam Martinez. These shares were used to satisfy tax withholding obligations triggered by the vesting of restricted stock units, according to the Form 4 footnote disclosure.

At what price were the withheld Offerpad (OPAD) shares valued?

The withheld Offerpad shares were valued at $0.74 per share. This value is used solely for reporting the tax-withholding disposition on the Form 4 and does not represent an active trade price chosen by the insider.

How many Offerpad (OPAD) shares does Adam Martinez own after this transaction?

After the tax-withholding disposition, Adam Martinez directly owns 321,793 shares of Offerpad Class A Common Stock. This figure reflects his remaining direct holdings following the company’s retention of shares to cover his restricted stock unit tax obligations.

What does transaction code “F” mean in the Offerpad (OPAD) Form 4?

Transaction code “F” indicates a tax-withholding disposition or payment of exercise price using shares. For Offerpad’s Chief Legal Officer, it shows the issuer withheld shares from vested restricted stock units to satisfy tax obligations instead of him selling shares in the market.