DEGIORGIO KENNETH D 4

What Happened
Kenneth DeGiorgio, a director of Offerpad Solutions Inc. (OPAD), received an award of 108,696 restricted stock units (RSUs) on June 3, 2026. The RSUs were granted at $0.00 (no cash exchanged) and represent a contingent right to receive one share of Offerpad Class A common stock per RSU upon vesting. This is a grant/award (A) rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-06-03; Form 4 filed 2026-06-05 (filed within typical 2-business-day window).
• Grant size and price: 108,696 RSUs granted at $0.00 (no cash paid at grant).
• Shares owned after transaction: Not specified in the provided filing.
• Footnote summary: RSUs vest on the earlier of (i) June 3, 2027 or (ii) the next annual meeting of stockholders following the grant, subject to continued service. Vested RSUs will be settled in shares within 45 days following the earliest of director’s separation from service, a change in control, death, or disability.
• Transaction code: A = award/grant of derivative securities (RSUs).

Context
RSUs are a form of equity compensation that convert to actual shares only after vesting; they do not represent immediate ownership or an open-market purchase. The $0.00 grant price reflects that no cash was paid at grant—the actual economic value will depend on Offerpad’s share price when/if the RSUs vest and are settled. This filing is informational about compensation and retention, not an immediate buy or sell signal.