Form 4: OppFi Inc. Director Jocelyn Moore Reports Stock Transactions

Director Jocelyn Moore of OppFi Inc. reports the acquisition of restricted stock units and the sale of Class A Common Stock.

Summary

• Jocelyn Moore, a director at OppFi Inc., reported acquiring 49,328 restricted stock units (RSUs) on June 5, 2024.
• These RSUs will vest on the earlier of the one-year anniversary of the grant date or the next annual meeting of stockholders, contingent on continued service.
• Moore also sold 23,149 shares of Class A Common Stock on November 11, 2024, at a weighted average price of $6.6963 per share.
• The sale price ranged from $6.59 to $6.85 per share.
• Following these transactions, Moore beneficially owns 99,072 shares of Class A Common Stock.

Sentiment

Score: 5

Explanation: The document is a neutral report of stock transactions by a director, with no inherent positive or negative sentiment.

Industry Context

This Form 4 filing is a routine disclosure of stock transactions by a company insider, which is a common practice in publicly traded companies.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, as required by the Securities and Exchange Commission (SEC).
• The transactions reported are typical for directors who receive stock-based compensation and may sell shares for personal financial management.
• Similar filings are made by directors and officers of companies like Upstart, LendingClub, and other fintech companies.

Stakeholder Impact

• The transactions may have a minor impact on the stock price, but are generally considered routine insider activity.

Key Dates

Keywords

OppFi Inc., Jocelyn Moore, stock transactions, restricted stock units, Class A Common Stock, Form 4, insider trading