Mathias Tela Gallagher 4

What Happened

• Mathias Tela Gallagher, a director of Offerpad Solutions Inc. (OPAD), was granted 136,364 restricted stock units (RSUs) on February 13, 2026. The award was recorded at $0.00 per RSU in the Form 4 (no cash purchase); total reported value $0.
• This is an equity compensation grant (award), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-02-13; Form 4 filed: 2026-02-18 (timely — filed within two business days).
• Grant: 136,364 RSUs; price shown: $0.00 (award/grant).
• Shares owned after transaction: Not specified in the provided Form 4 excerpt.
• Footnote: RSUs — each represents a contingent right to one share of Class A common stock. Vesting: one-third of the underlying shares vest on each of the first three anniversaries of February 13, 2026 (i.e., ~Feb 13 of 2027, 2028, 2029).
• Transaction code: A = Award/Grant (compensation).

Context

• RSUs are compensation that convert to shares only as they vest; they do not represent immediately tradable shares. Grants are routine for executives and directors as part of pay/retention programs and do not by themselves signal a buy or sell decision.
• Because no cash was paid and the award vests over time, this transaction reflects compensation rather than an outright market purchase.