Offerpad Solutions (OPAD) executive compensation, 2025 proxy

Brian Bair, Chief Executive Officer, was paid $1.1M in 2024, down 40% from $1.8M the year before. The CEO-to-median-employee pay ratio was 14:1, on median employee pay of $76,151.

Filed
June 27, 2025
Annual meeting
July 30, 2025
Pay year
2024
Named executives
4
CEO total pay
$1.1M-40% vs prior year
CEO to median employee
14:1median $76,151
CEO pay in equity
38%$407,600 in awards
Prior say-on-pay support
98%of votes cast
2024 CEO base salary
$650,000
2024 NEO total pay
$4,064,419Four NEOs combined
Current say-on-pay support
98.9%2025 annual meeting
Bonus cash portion
50%2024 annual program

How Bair was paid

$1.1M in total for 2024, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary61%Stock awards38%All other compensation0%

Named executive officers

ExecutiveTotal
Brian BairChief Executive Officer$1,060,725
Peter KnagChief Financial Officer$1,503,532
Benjamin AronovitchChief Legal Officer$825,363
James GroutSVP, Finance, Former Interim Principal Financial Officer$674,799

What changed and why

  • $1.1M$1,060,725 was CEO total compensation in 2024, versus $1,775,885 in 2023.
  • $408K$407,600 was Brian Bair’s 2024 stock-award compensation, including incremental LTIP amendment fair value.
  • 50%50% of 2024 annual bonuses were paid in cash and 50% in fully vested common-stock shares.
  • $100K$100,000 was paid to Peter Knag for relocation and moving expenses.
  • 98.9%98.9% of votes cast approved 2024 NEO compensation at the 2025 annual meeting.
  • 2024 CEO-to-median-employee pay ratio was approximately 14 to 1.

Other Offerpad Solutions proxy statements

About this page

Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.