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 exchange of Class A common units of Opportunity Financial, LLC.

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 involve the surrender and cancellation of Class V Common Stock in connection with the exchange of Class A common units of Opportunity Financial, LLC for Class A common stock of OppFi Inc.
• On March 26, 2025, 125,654 shares of Class V Common Stock were disposed of at a price of $0.
• Following this transaction, Schwartz directly owns 125,654 shares and indirectly owns 61,259,740 shares through OppFi Shares, LLC.
• On March 27, 2025, 124,788 shares of Class V Common Stock were disposed of at a price of $0.
• Following this transaction, Schwartz directly owns 124,788 shares and indirectly owns 61,134,952 shares through OppFi Shares, LLC.
• OppFi Shares, LLC (OFS) holds the shares of Class V Common Stock and has sole voting power.
• OFS 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 changes in stock ownership, with no inherent positive or negative sentiment.

Industry Context

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

Stakeholder Impact

• The transactions described have minimal direct impact on external stakeholders as they relate to internal restructuring and unit exchanges.

Key Dates

Keywords

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