Offerpad director awarded 4,807 stock units
DEGIORGIO KENNETH D reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
DEGIORGIO KENNETH D reported acquisition or exercise transactions in this Form 4 filing.
Offerpad Solutions Inc. director Kenneth D. DeGiorgio received an equity award of 4,807 shares of Class A Common Stock. The shares were granted at no cash cost per share and bring his directly held position reported in this filing to 45,615 shares.
The award consists of fully vested restricted stock units that will be settled in Class A common 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.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 4,807 | $0.00 | $0.00 |
Footnotes (1)
- F1. Consists of fully-vested restricted stock units, which 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
Key Terms
restricted stock units financial
change in control financial
Class A Common Stock financial
FAQ
What did Offerpad (OPAD) director Kenneth DeGiorgio report in this Form 4?
Was the Offerpad (OPAD) Form 4 transaction an open-market stock purchase or sale?
What type of equity was granted to the Offerpad (OPAD) director in this filing?
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