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 changes in beneficial ownership of Class V Common Stock due to the surrender and cancellation of shares in connection with the exchange of Class A common units.

Summary

• Todd G. Schwartz, CEO and Director of OppFi Inc., filed a Form 4 detailing changes in his beneficial ownership of the company's Class V Common Stock.
• The transactions involved the surrender and cancellation of shares of Class V Common Stock to the issuer.
• These actions were related to the exchange of Class A common units of Opportunity Financial, LLC for shares of Class A common stock of OppFi Inc.
• The shares of Class V Common Stock are held by OppFi Shares, LLC (OFS), which is wholly owned by TGS Revocable Trust, whose sole trustee is Todd G. Schwartz.
• As of March 25, 2025, Schwartz indirectly beneficially owns 61,385,394 shares of Class V Common Stock through OFS.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral.

Industry Context

This filing is a routine disclosure related to changes in beneficial ownership, which is common for executives and directors of publicly traded companies. It reflects internal corporate actions related to unit exchanges rather than market transactions.

Key Dates

Keywords

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