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

Todd G. Schwartz, CEO of OppFi Inc., reports a transaction involving the surrender and cancellation of 10,000 shares of Class V Common Stock in connection with the exchange of Class A common units of Opportunity Financial, LLC.

Summary

• On December 30, 2024, Todd G. Schwartz, CEO of OppFi Inc., reported changes in beneficial ownership to the SEC.
• The transaction involved the surrender and cancellation of 10,000 shares of Class V Common Stock.
• This was in connection with the exchange of Class A common units of Opportunity Financial, LLC for Class A common stock of OppFi Inc.
• Following the transaction, Schwartz directly owns no Class V Common Stock and indirectly owns 64,189,434 shares through OppFi Shares, LLC.
• OppFi Shares, LLC is wholly owned by TGS Revocable Trust, with Schwartz as the sole trustee.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing, reporting a transaction. It doesn't convey any particular positive or negative sentiment.

Industry Context

This filing is a routine disclosure related to insider transactions and ownership changes, which are common in publicly traded companies. It provides transparency to investors regarding the holdings of company executives.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding insider ownership.

Key Dates