[Form 4] Offerpad Solutions Inc. Insider Trading Activity

Rhea-AI Filing Summary

Donna M. Corley, a director of Offerpad Solutions Inc. (OPAD), was granted 71,429 restricted stock units (RSUs) on 08/08/2025. Each RSU represents a contingent right to receive one share of the issuer's Class A common stock and the grant was reported as acquired at $0.

After the grant, her reported direct beneficial ownership is 165,597 shares. The RSUs vest on the earlier of June 5, 2026 or the date of the next annual meeting of stockholders, and vesting is subject to continued service, meaning the rights convert to shares only upon satisfying the vesting condition.

Positive

• Grant of 71,429 RSUs strengthens alignment between the director and shareholders by tying compensation to equity.
• Beneficial ownership increased to 165,597 shares (direct), as reported on the Form 4.

Negative

• RSUs are contingent rights, not issued shares, so they provide no immediate share ownership or voting power until vesting.
• Vesting is subject to continued service and the earlier of June 5, 2026 or the next annual meeting, creating forfeiture risk if service ends.

Insights

Financial Analyst

TL;DR: Director received 71,429 RSUs; modest, service‑conditioned grant with limited immediate market impact.

The Form 4 shows a non‑cash award of 71,429 RSUs to Donna M. Corley, recorded as acquired at $0. These RSUs are contingent rights to Class A shares and will not become issued shares until vesting, which is the earlier of June 5, 2026 or the next annual meeting, subject to continued service. Reported direct beneficial ownership following the grant is 165,597 shares. From a financial perspective, this is a governance/alignment event rather than an immediate change to outstanding share count or cash flows.

Corporate Governance Expert

TL;DR: Grant aligns director incentives but is service‑conditioned; no current voting shares issued from the award.

The disclosure confirms the award consists of RSUs, each representing a contingent right to one Class A common share. Vesting is explicitly tied to continued service and a time/event condition (earlier of June 5, 2026 or the next annual meeting). As such, the award is a typical equity‑based retention incentive for a director. The Form 4 reports the increase to 165,597 shares in direct beneficial ownership post‑grant, but the RSUs remain unvested and non‑issued until the vesting event occurs.

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

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OMB Number:			3235-0287
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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^*

Corley Donna M

(Last) (First) (Middle)

C/O OFFERPAD SOLUTIONS INC.

433 S. FARMER AVENUE, SUITE 500

(Street)

TEMPE AZ 85281

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Offerpad Solutions Inc. [ OPAD ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

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

3. Date of Earliest Transaction (Month/Day/Year)
08/08/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

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

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	08/08/2025		A		71,429(1)	A	$0	165,597	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount 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 5, 2026 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 Donna Marie Corley	08/12/2025
	** 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.

FAQ

What did OPAD director Donna M. Corley receive?

Donna M. Corley received 71,429 restricted stock units (RSUs), reported as acquired on 08/08/2025 at $0.

How many shares does Donna Corley beneficially own after the transaction?

165,597 shares (direct beneficial ownership) are reported following the grant.

When do the RSUs vest for the OPAD grant?

The RSUs vest on the earlier of June 5, 2026 or the date of the next annual meeting, subject to continued service.

Are the RSUs immediately exercisable or convertible into stock?

No; the RSUs represent contingent rights and convert to Class A common shares only upon satisfying the stated vesting conditions.

What is Donna Corley’s relationship to Offerpad (OPAD)?

Donna M. Corley is a director of Offerpad Solutions Inc., as indicated on the Form 4.