In 2023, Brian Bair earned $752.80K in total compensation at Offerpad Solutions, including $650.00K salary and $94.56K in stock. Most recently acquired 3,800 shares in May 2024. Currently holds stock worth $5.03M. Has led Offerpad Solutions for over 10 years.
Compensation History
Annual executive compensation data for Brian Bair, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$752.80K
Salary
$650.00K
Bonus
$0.00
Other
$8.25K
Salary
$650.00KBoard Justification
The compensation philosophy emphasizes performance-based, at-risk compensation to attract and retain talented executives while aligning their interests with those of stockholders.
Bonus
$0.00Board Justification
Mr. Bair advised the Compensation Committee that he would not accept a 2023 bonus, and accordingly, no such bonus was paid to him.
Other Compensation
$8.25KBoard Justification
Other compensation includes Company-paid 401(k) matching contributions.
Restricted Stock
Board Justification
The stock awards that vested in 2023 were part of the long-term incentive plan and were based on the achievement of performance goals.
Performance Metrics
The performance metrics for determining compensation included gross margin, adjusted EBITDA, and individual leadership and strategic performance goals.
Brian Bair
Founder and CEO of Offerpad Solutions
Education
Bachelor's degree in Business Administration in Finance and Entrepreneurship from the University of Arizona
Field of Expertise
Real Estate & Construction - Real Estate
Sector of Economy
Real Estate
CEO of Offerpad Solutions for
10 years 5 months (Jul 2015 - Present)
Previous Experience
Founder and President at Bair Group Real Estate, Co-founder of Lexington Financial, Co-founder of Bridgeport Financial Services
Holdings
Track Brian Bair's stock holdings and portfolio value over time.
Insider Trading
Brian Bair's recent stock transactions, purchases, and sales filed with the SEC.
$19.81K
OPAD at $5.21/share
May 29, 2024
Purchase
$216.61K
OPAD at $5.20/share
May 24, 2024
Purchase
372,208 shares
OPAD
Mar 1, 2022
Received
14,816,236 shares
OPAD
Sep 1, 2021
Received
Rivals
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