Form 4: OppFi Inc. Director Todd G. Schwartz Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Todd G. Schwartz, Chief Executive Officer and Director of OppFi Inc., reports a transaction involving the surrender and cancellation of Class V Common Stock.
Summary
- On April 17, 2025, Todd G. Schwartz, Chief Executive Officer and Director of OppFi Inc., reported changes in beneficial ownership.
- The transaction involved the surrender and cancellation of 37,520 shares of Class V Common Stock to the issuer.
- 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 no shares of Class V Common Stock and indirectly owns 60,917,092 shares through OppFi Shares, LLC.
- Schwartz disclaims beneficial ownership of the shares held by OppFi Shares, LLC, except to the extent of his pecuniary interest therein.
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 insider transactions and ownership changes, which are common in publicly traded companies. It provides transparency to investors regarding the actions of company executives and directors.
Key Dates
| Date | Description |
|---|---|
| 04/17/2025 | Date of transaction involving the surrender and cancellation of Class V Common Stock. |
| 04/21/2025 | Date of signature for the Form 4 filing. |
Keywords
OppFi Inc., Todd G. Schwartz, Class V Common Stock, Beneficial Ownership, Form 4, Opportunity Financial LLC, Director, CEO
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