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.

Summary

• Todd G. Schwartz, the CEO and a director of OppFi Inc., filed a Form 4 detailing changes in his beneficial ownership of the company's Class V Common Stock.
• The changes resulted from the surrender and cancellation of shares of Class V Common Stock to the issuer.
• These shares were surrendered in connection with the exchange of Class A common units of Opportunity Financial, LLC for shares of Class A common stock of OppFi Inc.
• The reporting person directly disposed of 114,475 shares on May 12, 2025, and 110,335 shares on May 13, 2025.
• Following these transactions, the reporting person directly owns no shares and indirectly owns 60,380,142 shares through OppFi Shares, LLC.
• OppFi Shares, LLC is wholly owned by TGS Revocable Trust, whose sole trustee is the reporting person.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing changes in stock ownership, with no inherent positive or negative sentiment.

Management Comments

• The reporting person disclaims beneficial ownership of the shares of Class V Common Stock held by OFS, except to the extent of his pecuniary interest therein.

Industry Context

This filing is a routine disclosure related to changes in beneficial ownership, which is common for corporate insiders. It reflects internal corporate restructuring related to unit exchanges.

Stakeholder Impact

• The changes in ownership structure may have a minor impact on shareholders due to the internal restructuring.

Key Dates

Keywords

OppFi Inc., Todd G. Schwartz, Form 4, Beneficial Ownership, Class V Common Stock, Opportunity Financial LLC, Director, CEO