Bair Brian 4

What Happened

• Brian Bair, CEO of Offerpad Solutions Inc. (OPAD), purchased 122,920 shares on 2026-06-03 in an open market/private purchase for a total of about $97,402 (weighted average price reported ~$0.79).
• On 2026-06-04, 91,167 shares were withheld/disposed to satisfy tax withholding on the vesting of restricted stock units, reported at about $0.74 per share (total ~$67,464). The purchase is a direct buy (potentially bullish signal); the withheld shares are a routine tax-withholding event, not a voluntary sale for cash.

Key Details

• Purchase (Code P): 122,920 shares on 2026-06-03 at a weighted average price reported ~$0.79; total ~$97,402. Footnote: purchase prices ranged from $0.7415 to $0.7951 across multiple trades.
• Tax withholding (Code F): 91,167 shares on 2026-06-04 reported at ~$0.74/share; total ~$67,464. Footnote: represents shares withheld by the issuer to satisfy tax withholding on RSU vesting.
• Net change in shares from these transactions: +31,753 shares (122,920 acquired minus 91,167 withheld).
• Shares owned after the transactions: not specified in the provided filing excerpt.
• Filing date: 2026-06-05 (for transactions reported 6/3–6/4); appears to be filed timely.

Context

• The withheld shares (F) are a common administrative step when restricted stock units vest and do not necessarily reflect a decision to sell shares for investment reasons.
• Purchase (P) was an open market/private acquisition — purchases by insiders can be more informative about sentiment than routine withholding. No 10b5-1 plan, gifts, or option exercises were disclosed in the provided data.