Form 4: Offerpad Solutions Inc. Executive James Grout Reports Stock Transaction
SEC Form 4 Filing
James Grout, Senior Vice President of Finance at Offerpad Solutions Inc., reports a transaction involving Class A Common Stock to cover tax obligations.
Summary
- On March 1, 2024, James Grout, Senior Vice President of Finance at Offerpad Solutions Inc., reported a transaction involving Class A Common Stock.
- The transaction involved the disposal of 144 shares at a price of $8.75 per share.
- These shares were withheld by Offerpad Solutions Inc. to satisfy tax withholding obligations related to the vesting of restricted stock units.
- Following the transaction, Grout directly owns 1,059 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to an insider transaction for tax purposes, and does not indicate any significant positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of the regulatory landscape for publicly traded companies, providing transparency into the transactions of company insiders. This filing indicates a standard transaction related to tax obligations on vested equity.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Date of transaction: disposal of shares to cover tax obligations. |
| 03/05/2024 | Date of signature for the Form 4 filing. |
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