Martinez Adam 4

What Happened
Adam Martinez, Chief Legal Officer of Offerpad Solutions Inc. (OPAD), had 235 shares withheld by the company on June 12, 2026 to satisfy tax-withholding obligations tied to vesting restricted stock units (RSUs). The filing reports the shares were disposed at $4.95 per share for a total value of $1,163. This was a routine tax-withholding transaction (transaction code F), not an open-market sale.

Key Details

• Transaction date: 2026-06-12; Form 4 filed: 2026-06-16 (filed within the required two business days).
• Price reported: $4.95 per share; total value: $1,163.
• Shares withheld/disposed: 235 (surrendered to issuer to satisfy tax withholding).
• Footnote: F1 — shares withheld by the issuer to satisfy tax withholding on RSU vesting.
• Shares owned after the transaction: not specified in the provided excerpt.
• Corporate action note: Issuer effected a 1-for-10 reverse stock split on June 8, 2026; share counts in the filing are adjusted to reflect the split.

Context
Tax-withholding on vested RSUs is a common administrative transaction and typically does not signal a change in insider sentiment. The F code indicates the shares were retained/cancelled by the company to cover taxes (a cashless/withholding settlement), not an open-market disposition by the insider.