Form 4: OppFi CFO Sells Shares, Covers Taxes
Insider Transaction Report
OppFi's CFO, Pamela D. Johnson, reported the sale of 1,130 Class A Common Stock shares and the withholding of 469 shares for tax obligations, both effective August 4, 2025.
Summary
- Pamela D. Johnson, Chief Financial Officer of OppFi Inc. (OPFI), reported two transactions involving Class A Common Stock.
- A sale of 1,130 shares of Class A Common Stock occurred on August 4, 2025, at a price of $10.43 per share.
- This sale was executed under a Rule 10b5-1 trading plan adopted by Ms. Johnson on March 10, 2025.
- Additionally, 469 shares of Class A Common Stock were withheld on August 4, 2025, at a price of $10.40 per share.
- These shares were withheld to cover tax withholding obligations related to the settlement of a previously reported performance-based restricted stock unit award.
- Following these transactions, Pamela D. Johnson directly beneficially owns 162,971 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: The filing reports routine insider transactions (stock sale under a 10b5-1 plan and tax withholding) which are generally neutral in sentiment. They do not indicate significant positive or negative developments for the company.
Future Outlook
This filing does not contain forward-looking statements or guidance regarding the company's future performance or outlook.
Industry Context
This Form 4 filing details a routine insider transaction, specifically a pre-planned stock sale and tax-related share withholding by a corporate officer. Such transactions are common in the financial services industry, particularly among executives who receive equity compensation and manage their holdings through Rule 10b5-1 plans to comply with insider trading regulations.
Stakeholder Impact
- Shareholders: The sale of a relatively small number of shares by a CFO under a pre-arranged plan is unlikely to have a significant impact on shareholder sentiment or the company's stock price. The tax withholding is a standard administrative event related to equity compensation.
Key Dates
| Date | Description |
|---|---|
| March 10, 2025 | Date Rule 10b5-1 trading plan was adopted by Pamela D. Johnson. |
| August 4, 2025 | Date of reported sale and tax withholding transactions. |
| August 6, 2025 | Date the Form 4 filing was signed. |
Keywords
OppFi, OPFI, SEC Form 4, Insider Trading, Stock Sale, CFO, Rule 10b5-1, Tax Withholding, Equity Compensation
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