STOCK TITAN

Offerpad (OPAD) director receives 35,984-share equity grant, holdings reach 300,011

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Offerpad Solutions Inc. director Kenneth D. Degiorgio received an equity award of 35,984 shares of Class A common stock-equivalent. The award is reported at a price of $0.00 per share, reflecting a grant or other acquisition rather than an open-market purchase.

Following this award, Degiorgio holds 300,011 shares of Class A common stock on a direct basis. According to the disclosure, the grant consists of fully-vested restricted stock units that will be settled in Class A common shares within 45 days after the earliest of several events, including separation from service or a change in control.

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Insider DEGIORGIO KENNETH D
Role Director
Type Security Shares Price Value
Grant/Award Class A Common Stock 35,984 $0.00 --
Holdings After Transaction: Class A Common Stock — 300,011 shares (Direct)
Footnotes (1)
  1. [object Object]
Equity award size 35,984 shares Class A Common Stock-equivalent grant to director
Post-transaction holdings 300,011 shares Director direct holdings after grant
Settlement window 45 days RSU settlement timing after earliest trigger event
Grant price $0.00 per share Reported acquisition price for the award
restricted stock units financial
"Consists of fully-vested restricted stock units, which will be settled in shares"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
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.
Class A Common Stock financial
"security_title": "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.
SEC Form 4
FORM 4UNITED 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*
DEGIORGIO KENNETH D

(Last)(First)(Middle)
C/O OFFERPAD SOLUTIONS INC.
433 S. FARMER AVENUE SUITE 500

(Street)
TEMPE ARIZONA 85281

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Offerpad Solutions Inc. [ OPAD ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/31/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Class A Common Stock03/31/2026A35,984(1)A$0300,011D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. 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.
/s/ Adam Martinez, as Attorney-in-fact for Kenneth DeGiorgio04/01/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Offerpad Solutions (OPAD) report for Kenneth D. Degiorgio?

Offerpad Solutions reported that director Kenneth D. Degiorgio received an equity award of 35,984 Class A common stock-equivalent shares. The transaction was coded as a grant or award acquisition, not an open-market purchase, and increased his directly held position to 300,011 shares.

Was the OPAD insider transaction a stock purchase or a grant to the director?

The OPAD transaction was a grant or award to director Kenneth D. Degiorgio, not a market purchase. He acquired 35,984 Class A common stock-equivalent shares at a reported price of $0.00 per share, reflecting compensation rather than cash investment in the stock.

How many Offerpad (OPAD) shares does Kenneth D. Degiorgio hold after this Form 4?

After this Form 4 transaction, Kenneth D. Degiorgio holds 300,011 shares of Offerpad Class A common stock directly. This total includes the newly granted 35,984 fully-vested restricted stock units that are scheduled to settle in Class A shares upon specified future events.

What are the terms of the restricted stock units granted to the Offerpad (OPAD) director?

The grant to the Offerpad director consists of fully-vested restricted stock units that will be settled in Class A common shares. Settlement occurs within 45 days after the earliest of the director’s separation from service, a change in control, the director’s death, or the director’s disability.

Does the Offerpad (OPAD) Form 4 indicate any derivative option exercises?

The Offerpad Form 4 does not show any option or other derivative exercises in this transaction. It reports a single non-derivative acquisition of 35,984 Class A common stock-equivalent shares through a fully-vested restricted stock unit grant to director Kenneth D. Degiorgio.