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Offerpad Solutions Inc. (OPAD) awards director 136,364 restricted stock units

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 an equity award of 136,364 shares of Class A common stock in the form of restricted stock units (RSUs). Each RSU represents a right to receive one share. The RSUs vest in three equal annual installments on the first three anniversaries of February 13, 2026.

Positive

  • None.

Negative

  • None.
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*
Mathias Tela Gallagher

(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)
02/13/2026
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 02/13/2026 A 136,364(1) A $0.00 136,364 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 Class A common stock of Offerpad Solutions Inc. The RSUs vest as to one-third of the underlying shares on the first three anniversaries of February 13, 2026.
/s/ Adam Martinez, as Attorney-In-Fact for Tela Gallagher Mathias 02/18/2026
** 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.

FAQ

What did Offerpad (OPAD) director Mathias Tela Gallagher report in this Form 4?

Director Mathias Tela Gallagher reported receiving 136,364 restricted stock units of Offerpad Class A common stock. These RSUs are an equity award, not a cash transaction, and will convert into shares only as they vest over time according to the disclosed schedule.

How many Offerpad (OPAD) shares are covered by the new RSU award?

The award covers 136,364 restricted stock units, each representing one share of Offerpad Class A common stock. The full amount is subject to vesting conditions, so the underlying shares will be delivered in stages rather than all at once.

What is the vesting schedule for Mathias Tela Gallagher’s RSUs at Offerpad (OPAD)?

The RSUs vest as to one-third of the underlying shares on each of the first three anniversaries of February 13, 2026. This means the award becomes fully vested over three years, assuming the applicable vesting conditions continue to be satisfied.

Did Mathias Tela Gallagher pay a purchase price for the Offerpad (OPAD) RSUs?

The reported transaction price per share is $0.0000, indicating the RSUs were granted as an award rather than bought in the open market. This is typical for director and executive equity compensation grants structured as restricted stock units.

How many Offerpad (OPAD) shares does Mathias Tela Gallagher hold after this RSU grant?

Following this award, the filing shows 136,364 shares associated with Mathias Tela Gallagher’s direct ownership. These are represented by RSUs that convert into Class A common stock as they vest under the specified three-year vesting schedule beginning February 13, 2026.
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