Form 4: OppFi CFO Pamela Johnson Reports Stock Transactions

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.

Summary

• On October 2, 2024, Pamela Johnson, CFO of OppFi Inc., reported transactions involving Class A Common Stock.
• These transactions include the receipt of 1,042 shares upon the settlement of restricted stock units (RSUs) that vested on October 1, 2024.
• Additionally, 306 and 1,974 shares were withheld to cover tax obligations related to the RSU settlement at a price of $4.94 per share.
• Following these transactions, Johnson directly owns 126,547 shares of Class A Common Stock and 4,165 restricted stock units.

Sentiment

Score: 7

Explanation: This Form 4 filing reflects routine transactions related to executive compensation. It doesn't indicate any significant positive or negative sentiment, but rather a standard process of RSU vesting and tax withholding.

Future Outlook

The remaining RSUs will vest in equal quarterly increments over the following three years, subject to continued service with the issuer.

Industry Context

Form 4 filings are standard practice for reporting insider transactions, providing transparency to investors regarding the buying and selling activities of company executives.

Stakeholder Impact

• The transactions reported have a minor impact on shareholders as they relate to executive compensation and do not represent a significant change in the company's financial position.

Next Steps

• The remaining RSUs will continue to vest quarterly over the next three years, subject to the reporting person's continued service.

Key Dates