Form 4: OppFi CEO Reports Routine Stock Disposition for Taxes

OppFi Inc. CEO Todd G. Schwartz reported a disposition of 2,643 Class A Common Stock shares to cover tax withholding obligations.

Summary

• Todd G. Schwartz, Chief Executive Officer, Director, and 10% Owner of OppFi Inc. (OPFI), reported a transaction involving Class A Common Stock.
• On October 1, 2025, 2,643 shares of Class A Common Stock were disposed of.
• This disposition was specifically to cover tax withholding obligations upon the settlement of vested restricted stock units.
• The shares were valued at $11.33 per share for the purpose of this tax withholding transaction.
• Following this transaction, Schwartz directly beneficially owns 124,475 shares of Class A Common Stock.
• Additionally, Schwartz indirectly beneficially owns 433,733 shares of Class A Common Stock through the TGS Revocable Trust, for which he is the sole trustee.

Sentiment

Score: 5

Explanation: The transaction is a routine tax withholding event, not a discretionary sale or purchase, indicating a neutral impact on company sentiment.

Positives

• The transaction relates to the settlement of vested restricted stock units, indicating prior equity awards have matured and been realized by the executive.

Negatives

• No direct negatives identified as the disposition was for tax purposes, not a discretionary sale.

Future Outlook

NA

Industry Context

NA

Related Party Transactions

• Todd G. Schwartz is the sole trustee of the TGS Revocable Trust, which indirectly holds 433,733 shares of Class A Common Stock.

Stakeholder Impact

• Shareholders: Minimal impact as this is a routine, non-discretionary transaction for tax purposes and does not reflect a change in management's confidence or company fundamentals.
• Employees: No direct impact.

Key Dates

Recommendation

The filing details a routine insider transaction involving the disposition of shares solely to cover tax withholding obligations upon the vesting of restricted stock units. This is a non-discretionary event and does not reflect a change in management's confidence or a strategic shift. As such, it provides no new fundamental information to alter an investment thesis, warranting a 'hold' recommendation based solely on this filing.

Keywords

OppFi, OPFI, Todd G. Schwartz, Form 4, insider transaction, stock disposition, tax withholding, restricted stock units, CEO, director, 10% owner