Form 4: OppFi CFO Pamela Johnson Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Pamela Johnson, CFO of OppFi Inc., reports the acquisition and disposal of Class A Common Stock related to the vesting and settlement of restricted stock units (RSUs).
Summary
- On April 15, 2024, Pamela Johnson, CFO of OppFi Inc., reported changes in her beneficial ownership of the company's Class A Common Stock.
- These changes involve the acquisition of 1,041 shares upon the settlement of restricted stock units (RSUs) that vested on April 1, 2024.
- Additionally, 306 and 7,893 shares were withheld to cover tax obligations related to the RSU settlement, at a price of $3.2 per share.
- Following these transactions, Johnson directly owns 129,962 shares of Class A Common Stock and 6,248 restricted stock units.
Sentiment
Score: 5
Explanation: This is a routine filing related to executive compensation and does not indicate any significant positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders and their holdings in the company's stock.
Stakeholder Impact
- The transactions reported have a minimal direct impact on stakeholders, as they relate to executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| October 1, 2021 | Pamela Johnson was granted 16,660 RSUs. |
| April 1, 2024 | RSUs vested. |
| April 15, 2024 | Reporting person received shares of Class A Common Stock in settlement of restricted stock units and shares were withheld to cover tax withholding obligations. |
| April 17, 2024 | Date of signature for the Form 4 filing. |
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