Offerpad (OPAD) director Ryan O’Hara granted 32,196 fully vested RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Offerpad Solutions Inc. director Ryan O’Hara reported an equity award of 32,196 shares of Class A common stock. The shares were acquired through a grant classified as fully vested restricted stock units with a price of $0.00 per share.
The units will be settled in shares of Class A common stock within 45 days after the earliest of the director’s separation from service, a change in control of Offerpad, the director’s death, or disability. Following this grant, O’Hara’s direct holdings reported in this filing total 220,153 shares of Class A common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
OHARA RYAN
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 32,196 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 220,153 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 32,196 shares
Reported holdings after grant: 220,153 shares
Grant price per share: $0.00 per share
+1 more
4 metrics
RSU grant size
32,196 shares
Fully vested restricted stock units granted to director
Reported holdings after grant
220,153 shares
Class A common stock held directly following transaction
Grant price per share
$0.00 per share
Stated transaction price for RSU award
Settlement window
45 days
Settlement period after earliest specified triggering event
Key Terms
restricted stock units, change in control, Class A Common Stock
3 terms
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.
FAQ
What insider transaction did Offerpad (OPAD) director Ryan O’Hara report?
Ryan O’Hara reported receiving 32,196 shares of Offerpad Class A common stock through a fully vested restricted stock unit grant. These units represent compensation, not an open-market purchase, and increase his reported direct holdings to a total of 220,153 shares.
Was the Offerpad (OPAD) insider transaction a stock purchase or a compensation grant?
The transaction was a compensation grant, not a market purchase. Ryan O’Hara received 32,196 fully vested restricted stock units at a stated price of $0.00 per share, reflecting an award of equity rather than buying shares in the open market.
Does the Offerpad (OPAD) Form 4 indicate any insider selling activity?
The Form 4 does not report any selling activity. It shows a single acquisition transaction coded as a grant or award, where Ryan O’Hara received 32,196 fully vested restricted stock units of Offerpad Class A common stock as part of his director compensation.
What does “fully vested restricted stock units” mean in the Offerpad (OPAD) filing?
Fully vested restricted stock units mean the award is no longer subject to service-based vesting conditions, but settlement into actual Offerpad Class A shares is deferred. In this case, settlement occurs within 45 days of specified events like separation or a change in control.