Offerpad director receives 108,696 RSUs
Offerpad Solutions Inc. director Ryan Ohara reported receiving a grant of 108,696 restricted stock units (RSUs) of Class A common stock.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
Offerpad Solutions Inc. director Ryan Ohara reported receiving a grant of 108,696 restricted stock units (RSUs) of Class A common stock. Each RSU converts into one share, subject to vesting. The RSUs vest on the earlier of June 3, 2027 or the next annual stockholder meeting, assuming continued board service. After this award, Ohara directly holds 328,849 shares or share-equivalent RSUs of Offerpad Class A common stock.
Insider Trade Summary
Grant/Award: 108,696 shares
Grant/Award
1 txn
Insider
OHARA RYAN
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 108,696 | $0.00 | $0.00 |
Holdings After Transaction:
Class A Common Stock — 328,849 shares (Direct)
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. To the extent vested, RSUs will be settled in shares of the Issuer's Class A common stock within 45 days following the earliest to occur of: (i) the director's separation from service; (ii) a change in control of the Issuer; (iii) the director's death; or (iv) the director's disability.
Key Figures
RSUs granted: 108,696 RSUs
Post-grant holdings: 328,849 shares/RSUs
Grant price: $0.0000 per share
+2 more
5 metrics
RSUs granted
108,696 RSUs
Director equity award of Class A common stock RSUs
Post-grant holdings
328,849 shares/RSUs
Total direct beneficial ownership after the grant
Grant price
$0.0000 per share
Compensation award, no cash paid by director
Vesting date
June 3, 2027
Vests then or at next annual stockholder meeting, whichever is earlier
Settlement window
Within 45 days
After separation, change in control, death, or disability once vested
Key Terms
restricted stock units ("RSUs"), Class A common stock, change in control, vesting date
4 terms
restricted stock units ("RSUs") financial
"Consists of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
Class A common stock financial
"one share of Offerpad Solutions Inc. (the "Issuer") 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.
change in control financial
"following the earliest to occur of: (i) the director's separation from service; (ii) a change in control of the Issuer"
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.
vesting date financial
"The RSUs vest on the earlier to occur of (i) June 3, 2027 and (ii) the date of the next annual meeting"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Offerpad (OPAD) director Ryan Ohara report on this Form 4?
Ryan Ohara reported receiving 108,696 restricted stock units (RSUs) of Offerpad Class A common stock. These RSUs are a compensation grant and will convert into shares when they vest and are settled under the company’s equity plan terms.
How many Offerpad (OPAD) RSUs were granted to the director?
The director received 108,696 restricted stock units (RSUs) of Offerpad Class A common stock. Each RSU represents a contingent right to one share, subject to vesting and later settlement into stock under specified conditions in the award agreement.
When do Ryan Ohara’s Offerpad (OPAD) RSUs vest?
The RSUs vest on the earlier of June 3, 2027 or the next annual meeting of stockholders after the grant. Vesting also requires continued board service through that date before the RSUs can be settled into shares.
What events can trigger settlement of the Offerpad (OPAD) RSUs?
Once vested, the RSUs are settled in shares within 45 days after the earliest of the director’s separation from service, a change in control of Offerpad, the director’s death, or the director’s disability, as described in the award terms.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Accepted by SEC EDGAR
Learn about SEC filing dates