Corley Donna M 4
Research Summary
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Offerpad (OPAD) Director Donna Corley Receives RSU Award
What Happened Donna M. Corley, a director of Offerpad Solutions Inc. (OPAD), was granted 108,696 restricted stock units (RSUs) on June 3, 2026. The award is reported as an acquisition (code A) at an acquisition price of $0.00 (i.e., a compensation grant rather than a cash purchase); the filing reports a zero-dollar acquisition value for the grant itself.
Key Details
- Transaction date: June 3, 2026; Form 4 filed June 5, 2026 (filing appears timely).
- Grant: 108,696 RSUs; reported acquisition price $0.00; reported aggregate value $0 on grant (market value at vesting will depend on OPAD share price).
- Shares owned after transaction: not specified in the filing.
- Footnote: RSUs are contingent rights to receive one share each and vest on the earlier of (i) June 3, 2027 or (ii) the date of the next annual meeting of stockholders, subject to continued service (see footnote F1).
- No tax-withholding or sale-to-cover was reported in this filing.
Context RSU grants to directors are typically compensation for service and do not require an immediate cash outlay; they do not necessarily indicate a buy/sell market signal. Value to the holder is realized if and when the RSUs vest and are settled into shares (or otherwise paid). This grant vests based on time/service rather than a 10b5-1 or market-based transaction.