LL Capital Partners I, L.P. - 30 Sep 2025 Form 4 Insider Report for Offerpad Solutions Inc. (OPAD)

Role: 10%+ Owner
Signature: LL Capital Partners I, L.P., By LLCP I GP, LLC, its General Partner, By: /s/ Roberto Sella, sole manager
Issuer symbol: OPAD
Transactions as of: 30 Sep 2025
Net transactions value: $0
Form type: 4
Filing time: 02 Oct 2025, 16:30:49 UTC
Previous filing: 03 Sep 2021
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
LL Capital Partners I, L.P.	10%+ Owner	C/O LL FUNDS, LLC, 2400 MARKET STREET, PHILADELPHIA	LL Capital Partners I, L.P., By LLCP I GP, LLC, its General Partner, By: /s/ Roberto Sella, sole manager	02 Oct 2025	0001663221

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	OPAD	Class A Common Stock	Other		-5,816,959	-87%		866,372	30 Sep 2025	See Footnote	F1, F2, F6
transaction	OPAD	Class A Common Stock	Other		+931,385	+108%		1,797,757	30 Sep 2025	See Footnote	F1, F3, F6
transaction	OPAD	Class A Common Stock	Other		+16,012	+0.89%		1,813,769	30 Sep 2025	See Footnote	F1, F4, F5, F6

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
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.
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.
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.
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.