Form 4: OppFi CEO Todd Schwartz Reports Acquisition of Class V Common Stock

Todd G. Schwartz, CEO of OppFi Inc., reports the acquisition of 734,851 shares of Class V Common Stock through OppFi Shares, LLC.

Summary

• On July 31, 2024, Todd G. Schwartz, the CEO of OppFi Inc., reported a transaction involving the acquisition of Class V Common Stock.
• 734,851 shares of Class V Common Stock were acquired indirectly through OppFi Shares, LLC (OFS).
• These shares were issued to OFS in connection with the acquisition of 35% of the outstanding equity securities of Bitty Holdings, LLC by Opportunity Financial SMB, LLC, a subsidiary of OppFi.
• Following the transaction, the reporting person beneficially owns 66,001,673 shares indirectly through OppFi Shares, LLC.
• The reporting person disclaims beneficial ownership of the shares of Class V Common Stock held by OFS, except to the extent of his pecuniary interest therein.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, indicating a neutral sentiment. It reports a transaction without expressing any positive or negative outlook.

Industry Context

This filing reflects changes in beneficial ownership, which is a routine part of corporate governance and regulatory compliance. It indicates OppFi's continued activity in acquiring equity in other companies.

Stakeholder Impact

• The acquisition of shares may have a minor impact on shareholders, reflecting changes in ownership structure.

Key Dates