Form 4: OppFi Inc. CEO Todd G. Schwartz Reports Changes in Beneficial Ownership

Todd G. Schwartz, CEO of OppFi Inc., reports changes in beneficial ownership of Class V Common Stock due to the exchange of Class A common units by members of Opportunity Financial, LLC.

Summary

• Todd G. Schwartz, CEO of OppFi Inc., filed a Form 4 detailing changes in his beneficial ownership of the company's Class V Common Stock.
• On May 20, 2025, 53,336 shares of Class V Common Stock were disposed of at a price of $0.
• Following this transaction, Schwartz directly owns 0 shares and indirectly owns 60,051,616 shares through OppFi Shares, LLC.
• On May 21, 2025, an additional 101,489 shares of Class V Common Stock were disposed of at a price of $0.
• After this second transaction, Schwartz indirectly owns 59,950,127 shares through OppFi Shares, LLC.
• These disposals are related to the exchange of Class A common units of Opportunity Financial, LLC for Class A common stock of OppFi Inc. by members other than Schwartz.
• OppFi Shares, LLC, wholly owned by TGS Revocable Trust (with Schwartz as the sole trustee), holds the shares and has sole voting power.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, and the transactions described are related to internal restructuring, not necessarily indicative of positive or negative sentiment.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Key Dates

Keywords

OppFi Inc., Todd G. Schwartz, Class V Common Stock, Beneficial Ownership, Form 4, Opportunity Financial LLC, OppFi Shares LLC, TGS Revocable Trust, Exchange, Disposal