Martinez Adam 4
4 · Offerpad Solutions Inc. · Filed Jun 5, 2026
Research Summary
AI-generated summary of this filing
Offerpad (OPAD) CLO Adam Martinez Withholds 30,549 Shares for Taxes
What Happened Adam Martinez, Chief Legal Officer of Offerpad Solutions Inc. (OPAD), had 30,549 shares withheld by the company to satisfy tax withholding on the vesting of restricted stock units. The filing shows these shares were disposed at $0.74 per share, for a total value of approximately $22,606. This is a routine tax-withholding transaction, not an open-market sale or purchase.
Key Details
- Transaction date: 2026-06-04; Filing date: 2026-06-05 (timely).
- Shares withheld/disposed: 30,549 at $0.74 per share; total value ≈ $22,606.
- Footnote: F1 — shares were withheld by the issuer to satisfy tax withholding obligations on RSU vesting.
- Shares owned after transaction: not specified in the provided filing summary.
- Transaction code: F (tax withholding on vesting), a routine administrative disposition.
Context Tax-withholding on RSU vesting is common and typically reflects employer retention of shares to cover taxes (a cashless settlement), not an insider expressing a view on the stock. Such withholdings should generally be interpreted as administrative rather than a market signal.
Insider Transaction Report
- Tax Payment
Class A Common Stock
[F1]2026-06-04$0.74/sh−30,549$22,606→ 321,793 total
Footnotes (1)
- [F1]Represents shares withheld by the Issuer to satisfy tax withholding obligations on the vesting of restricted stock units.