{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-164488","form_type":"8-K","ticker":"OPAD","cik":"0001825024","company_name":"Offerpad Solutions Inc.","filed_at":"2024-06-20T23:59:59+00:00","discovered_at":"2026-05-14T18:03:20.430661+00:00","generated_at":"2026-06-01T03:38:57.920107+00:00","sec_items":["5.02","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Offerpad amends CEO and officers' LTIP awards; extends performance period, adjusts price targets","bullets":["Performance period shifted to June 12, 2024 – June 12, 2027 (was 2023–2026); vesting delayed by one year.","New price targets: $11.25, $18.75, $26.25, $33.75 per share for four tranches.","CEO Brian Bair's sharing rate: 0.224% (first tranche) to 0.546% (fourth); officers Aronovitch and Grout each 0.031% per tranche.","Vesting schedule: 50% on June 12, 2027; 50% on June 12, 2028 (previously 2026 and 2027)."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-164488","json":"https://secwatch.observer/filing/0001193125-24-164488.json","markdown":"https://secwatch.observer/filing/0001193125-24-164488.md","text":"https://secwatch.observer/filing/0001193125-24-164488.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1825024/000119312524164488/0001193125-24-164488-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1825024/000119312524164488/d838860d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-01T03:38:57.920107+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}