Offerpad CLO covers taxes with 30,549 OPAD shares
Offerpad Solutions Inc. Chief Legal Officer Adam Martinez reported a routine tax-related share disposition.
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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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A Common Stock | 30,549 | $0.74 | $23K |
Footnotes (1)
- F1. Represents shares withheld by the Issuer to satisfy tax withholding obligations on the vesting of restricted stock units.
Key Figures
Key Terms
restricted stock units financial
tax withholding obligations financial
Class A Common Stock financial
tax-withholding disposition financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Offerpad (OPAD) insider Adam Martinez report in this Form 4?
Was the Offerpad (OPAD) Form 4 transaction an open-market sale?
What does transaction code “F” mean in the Offerpad (OPAD) Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.