Form 4 for OPAD Offerpad Solutions Inc.
Accepted 2025-10-02 00:00:00 ET · period of report 2025-09-30 · accession 0001193805-25-001398 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| MI | 2025-10-02 | 2025-09-30 | OPAD | LL Capital Partners I, L.P. | 10% | J - Other | — | -4.87M | 1.80M | -73% | — |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2025-09-30 | J | A | 16,012 | — | 1,813,769 | I See Footnote | — | — | (F1) This filing reports in-kind distribution of Issuer shares to the limited partners of special purpose vehicles LL Capital Partners I, L.P. and SIF V, LLC. No consideration was paid in connection with these distributions. (F5) Includes 866,372 shares held by LL Capital Partners I, L.P., 931,385 shares held by LLCP I SLP, L.P., and 16,012 shares held by LLSO SLP, LLC. (F6) Each of the Reporting Persons (other than to the extent it directly holds securities reported herein) disclaims beneficial ownership of the securities held by the other Reporting Persons, except to the extent of such Reporting Person's pecuniary interest therein, and, pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, each of the Reporting Persons (other than to the extent it directly holds securities reported herein) states that the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purpose. (F4) LLSO SLP, LLC is a limited partner of LL Capital Partners I, L.P. Roberto Sella is sole member of LLSO SLP, LLC and may be deemed to have voting and dispositive power over shares held by LLSO SLP, LLC. |
| 2 | Common | Class A Common Stock | 2025-09-30 | J | D | 5,816,959 | — | 866,372 | I See Footnote | — | — | (F1) This filing reports in-kind distribution of Issuer shares to the limited partners of special purpose vehicles LL Capital Partners I, L.P. and SIF V, LLC. No consideration was paid in connection with these distributions. (F2) LLCP I GP, LLC is the general partner of LL Capital Partners I, L.P. and exercises voting and dispositive power over the shares noted herein held by LL Capital Partners I, L.P. Roberto Sella is the sole manager of LLCP I GP, LLC. As the sole manager of LLCP I GP, LLC Roberto Sella may be deemed to have voting and dispositive power over shares held by LL Capital Partners I, L.P. (F6) Each of the Reporting Persons (other than to the extent it directly holds securities reported herein) disclaims beneficial ownership of the securities held by the other Reporting Persons, except to the extent of such Reporting Person's pecuniary interest therein, and, pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, each of the Reporting Persons (other than to the extent it directly holds securities reported herein) states that the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purpose. |
| 3 | Common | Class A Common Stock | 2025-09-30 | J | A | 931,385 | — | 1,797,757 | I See Footnote | — | — | (F1) This filing reports in-kind distribution of Issuer shares to the limited partners of special purpose vehicles LL Capital Partners I, L.P. and SIF V, LLC. No consideration was paid in connection with these distributions. (F6) Each of the Reporting Persons (other than to the extent it directly holds securities reported herein) disclaims beneficial ownership of the securities held by the other Reporting Persons, except to the extent of such Reporting Person's pecuniary interest therein, and, pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, each of the Reporting Persons (other than to the extent it directly holds securities reported herein) states that the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purpose. (F3) LLCP I SLP, L.P. is a limited partner of LL Capital Partners I, L.P. LLCP I SLP GP, LLC is the general partner of LLCP I SLP, L.P. Roberto Sella is the managing member of LLCP I SLP GP, LLC and may be deemed to have voting and dispositive power over shares held by LLCP I SLP, L.P. |