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

Todd G. Schwartz, Chief Executive Officer and Director of OppFi Inc., reports a transaction involving Class V Common Stock related to the exchange of Class A common units.

Summary

• On January 24, 2025, Todd G. Schwartz, Chief Executive Officer and Director of OppFi Inc., filed a Form 4 indicating changes in beneficial ownership.
• The transaction involved the surrender and cancellation of 298,479 shares of Class V Common Stock to the issuer at a price of $0.
• This was in connection with the exchange of Class A common units of Opportunity Financial, LLC for shares of Class A common stock of OppFi Inc.
• Following the transaction, Schwartz directly owns 0 shares of Class V Common Stock and indirectly owns 63,210,931 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 standard regulatory filing detailing a routine transaction, indicating a neutral sentiment.

Industry Context

This filing is a routine disclosure related to internal corporate restructuring and unit exchanges, common in companies with complex ownership structures.

Stakeholder Impact

• The transaction reflects internal restructuring and is unlikely to have a significant immediate impact on stakeholders.

Key Dates