---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-091364"
form_type: "8-K"
ticker: "OPAD"
cik: "0001825024"
company_name: "Offerpad Solutions Inc."
filed_at: "2025-04-23T23:59:59+00:00"
generated_at: "2026-05-23T08:21:24.473009+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Offerpad appoints new director, SVP Finance resigns; board rebalanced

## Summary
- Donna Corley appointed Class II director, chairing Audit Committee; replaces Sheryl Palmer after 2025 Annual Meeting.
- Brian Bair moved from Class I to Class III via resignation/re-election to rebalance board to two directors per class.
- James Grout, SVP Finance, resigns effective April 30, 2025 to pursue other opportunities.
- Sheryl Palmer's resignation from Board effective upon conclusion of 2025 Annual Meeting.

## SEC filing metadata
- accession: 0001193125-25-091364
- form_type: 8-K
- ticker: OPAD
- cik: 0001825024
- company_name: Offerpad Solutions Inc.
- filed_at: 2025-04-23T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1825024/000119312525091364/0001193125-25-091364-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1825024/000119312525091364/d868809d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-091364
- JSON: https://secwatch.observer/filing/0001193125-25-091364.json
- Plain text: https://secwatch.observer/filing/0001193125-25-091364.txt

## Key facts
- Executive change
  Donna Corley was appointed as Class II director at Offerpad Solutions Inc..
  - Action: appointed
  - Role: Class II director
  source text: on April 21, 2025, the Board, upon the recommendation of the Nominating and Corporate Governance Committee (the “Nominating Committee”) of the Board, appointed Donna Corley as a Class II director of the Company, with a term expiring at the 2026 Annual Meeting of Stockholders, and until her successor is elected and qualified or until her earlier death, resignation, disqualification or removal.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1825024/000119312525091364/0001193125-25-091364-index.htm
- Executive change
  Brian Bair departed as Director at Offerpad Solutions Inc..
  - Action: resigned and re-elected
  - Role: Director
  source text: On April 18, 2025, due to the unequal balance of membership among the Board classes, Brian Bair, who is a Class I director, resigned as a director, effective upon the conclusion of the Annual Meeting and the Board approved to re-elect Mr. Bair as Class III director, effective immediately thereafter.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1825024/000119312525091364/0001193125-25-091364-index.htm
- Executive change
  James Grout resigned as Senior Vice President, Finance at Offerpad Solutions Inc..
  - Action: resigned
  - Role: Senior Vice President, Finance
  source text: On April 21, 2025, James Grout, Senior Vice President, Finance of the Company, notified the Company of his decision to resign, effective as of April 30, 2025, to pursue other opportunities.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1825024/000119312525091364/0001193125-25-091364-index.htm
- Executive change
  Sheryl Palmer resigned as Director at Offerpad Solutions Inc..
  - Action: resigned
  - Role: Director
  source text: Sheryl Palmer has notified Offerpad Solutions Inc. (the “Company”) of her resignation from the Board of Directors (the “Board”) of the Company, effective upon conclusion of the Company’s 2025 Annual Meeting of Stockholders (the “Annual Meeting”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1825024/000119312525091364/0001193125-25-091364-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.