Offerpad Solutions Inc.·4

Apr 1, 4:05 PM ET

DEGIORGIO KENNETH D 4

4 · Offerpad Solutions Inc. · Filed Apr 1, 2026

Research Summary

AI-generated summary of this filing

Updated

Offerpad (OPAD) Director Kenneth D. Degiorgio Receives 35,984-Share Award

What Happened Kenneth D. Degiorgio, a director of Offerpad Solutions, was reported to have acquired (code A) 35,984 restricted stock units (RSUs) on 2026-03-31. The Form 4 shows a $0.00 per‑share price and $0 total cash paid — these are fully‑vested RSUs that have been awarded (not an open‑market purchase or sale). The award will be settled into shares under the conditions described below.

Key Details

  • Transaction date: 2026-03-31; Filing date: 2026-04-01 (filed timely).
  • Transaction type/code: Award/Grant (A). Reported acquisition price: $0.00; reported value: $0.
  • Shares in transaction: 35,984 RSUs.
  • Shares owned after transaction: Not specified in the provided filing.
  • Footnote (F1): These are fully‑vested RSUs that will be settled in Class A common stock within 45 days after the earliest to occur of (i) the director’s separation from service, (ii) a change in control, (iii) the director’s death, or (iv) the director’s disability.
  • Filing timeliness: Report appears timely (filed the next day).

Context RSU awards are a form of compensation, not an out‑of‑pocket purchase; they don’t necessarily indicate buying or selling intent by the insider. In this case the RSUs are already vested but settlement is contingent on standard triggering events, so shares may not be issued immediately. Retail investors should view this as a compensation award rather than a directional insider purchase or sale.

Insider Transaction Report

Form 4
Period: 2026-03-31
Transactions
  • Award

    Class A Common Stock

    [F1]
    2026-03-31+35,984300,011 total
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.
Signature
/s/ Adam Martinez, as Attorney-in-fact for Kenneth DeGiorgio|2026-04-01

Documents

1 file
  • 4
    ownership.xmlPrimary

    4