Form 4: Oportun Financial Corp CFO Jonathan Coblentz Reports Stock Transaction
SEC Form 4 Filing
CFO Jonathan Coblentz reports disposition of shares to cover tax obligations related to vesting restricted stock units.
Summary
- On September 10, 2024, Jonathan Coblentz, CFO & Chief Admin Officer of Oportun Financial Corp, reported a transaction involving common stock.
- 3,706 shares were disposed of to satisfy tax obligations related to the vesting of previously reported restricted stock units.
- Following the transaction, Coblentz directly owns 232,482 shares of common stock.
- Coblentz indirectly owns 272,780 shares through the Jonathan A. Coblentz Revocable Trust U/A/D 3/31/2017, for which he is the Trustee.
Sentiment
Score: 5
Explanation: Neutral sentiment as it reports a routine transaction related to tax obligations.
Industry Context
This is a routine disclosure related to executive compensation and tax obligations, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is related to tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/31/2017 | Date of the Jonathan A. Coblentz Revocable Trust U/A/D |
| 09/10/2024 | Date of the stock transaction |
| 09/12/2024 | Date of signature of the report |
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