Form 4: OppFi Inc. CEO Todd G. Schwartz Reports Transaction Involving Class V Common Stock

OppFi Inc.'s CEO, Todd G. Schwartz, reported a transaction involving the surrender and cancellation of 100,000 shares of Class V Common Stock, related to the exchange of Class A common units of Opportunity Financial, LLC.

Summary

• Todd G. Schwartz, CEO of OppFi Inc., filed a Form 4 indicating a transaction involving Class V Common Stock.
• The transaction involved the surrender and cancellation of 100,000 shares of Class V Common Stock.
• This cancellation was related to the exchange of Class A common units of Opportunity Financial, LLC for Class A common stock of OppFi Inc.
• The shares were surrendered at a price of $0.
• Following the transaction, Mr. Schwartz indirectly beneficially owns 64,199,434 shares of Class V Common Stock through OppFi Shares, LLC.
• OppFi Shares, LLC is wholly owned by TGS Revocable Trust, of which Mr. Schwartz is the sole trustee.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing and does not contain any information that would indicate positive or negative sentiment.

Industry Context

This transaction is a routine filing related to changes in beneficial ownership and is not indicative of any broader industry trends.

Comparison to Industry Standards

• Form 4 filings are standard practice for corporate insiders and are required by the SEC.
• The transaction is related to internal restructuring and does not represent a market transaction.

Stakeholder Impact

• The transaction does not have a direct impact on shareholders as it is related to internal restructuring.

Key Dates

Keywords

OppFi Inc., Todd G. Schwartz, Class V Common Stock, Form 4, Opportunity Financial LLC, share transaction, beneficial ownership