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OPAD: First American reports 14.03% beneficial ownership

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Form Type
SCHEDULE 13D/A

Rhea-AI Filing Summary

First American Financial Corporation filed Amendment No. 5 to Schedule 13D regarding its stake in Offerpad Solutions Inc. (OPAD).

The filing reports beneficial ownership of 5,119,314 shares of Offerpad’s Class A common stock, equal to 14.03% of the class, based on 36,486,108 shares outstanding as of October 17, 2025 as cited from the issuer’s disclosure. First American has sole voting power and sole dispositive power over all 5,119,314 shares. The source of funds is listed as WC (working capital).

The amendment identifies First American (a Delaware corporation) as the reporting person and confirms no criminal convictions in the past five years. The certification is signed by Lisa W. Cornehl, Senior Vice President and Chief Legal Officer.

Positive

  • None.

Negative

  • None.





If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).






SCHEDULE 13D






SCHEDULE 13D


First American Financial Corporation
Signature:/s/ Lisa W. Cornehl
Name/Title:Lisa W. Cornehl, Senior Vice President, Chief Legal Officer
Date:10/22/2025

FAQ

What stake in Offerpad (OPAD) does First American report?

The filing reports beneficial ownership of 14.03% of Offerpad’s Class A common stock.

How many Offerpad shares does First American beneficially own?

First American reports 5,119,314 shares beneficially owned.

What outstanding share count is used to calculate the percentage?

The calculation is based on 36,486,108 shares outstanding as of October 17, 2025, as cited from the issuer.

What voting and dispositive powers are disclosed?

First American reports sole voting power and sole dispositive power over 5,119,314 shares.

What class of securities is reported in this Schedule 13D/A?

Offerpad’s Class A Common Stock, $0.0001 par value per share.

What is the source of funds for the holdings?

The filing lists WC (working capital) as the source of funds.

Who signed the certification and when?

The certification was signed by Lisa W. Cornehl on October 22, 2025.
Offerpad Solutions Inc

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