DEGIORGIO KENNETH D 4

What Happened

• Kenneth DeGiorgio, a director of Offerpad Solutions, was granted 4,807 shares via an award of fully-vested restricted stock units (RSUs) on 2026-06-30. The award shows an acquisition price of $0.00 (no cash paid). The filing notes these RSUs will be settled in shares under the conditions described below.
• The filing also states that share counts have been adjusted for a 1-for-10 reverse stock split effected by the company on June 8, 2026.

Key Details

• Transaction date: 2026-06-30; Filing date (Form 4): 2026-07-02 (filed timely).
• Transaction type/code: Award/Grant (A).
• Shares granted: 4,807 RSUs; price reported: $0.00.
• Footnote: These are fully-vested RSUs that will be settled in shares of Class A common stock within 45 days following the earliest to occur of (i) director’s separation from service; (ii) a change in control; (iii) the director’s death; or (iv) the director’s disability.
• Shares owned after the transaction: not specified in the filing excerpt provided.
• Reverse split: a 1-for-10 reverse stock split on 2026-06-08; counts adjusted accordingly.

Context

• These RSUs are a form of compensation (an award), not an open-market purchase. Because settlement is contingent on certain events and no cash was paid, this transaction is typically viewed as compensation rather than a direct bullish bet by the insider.
• Retail investors should note awards increase potential future share count and could be settled or sold later; they do not necessarily indicate insider buying/selling intent.