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 due to the exchange of Class A common units of Opportunity Financial, LLC.

Summary

• On October 16, 2024, Todd G. Schwartz, the Chief Executive Officer and a Director of OppFi Inc., reported changes in beneficial ownership of the company's Class V Common Stock.
• The transaction involved the surrender and cancellation of 17,066 shares of Class V Common Stock at a price of $0.
• This was in connection with the exchange of Class A common units of Opportunity Financial, LLC by members other than the reporting person for Class A common stock of OppFi Inc.
• Following the transaction, Schwartz directly owns no shares and indirectly owns 65,355,444 shares through OppFi Shares, LLC.
• OppFi Shares, LLC is wholly owned by TGS Revocable Trust, whose sole trustee is Todd G. Schwartz.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing related to insider transactions, indicating a neutral sentiment.

Industry Context

This filing is a routine disclosure related to insider transactions and is a standard part of regulatory compliance for publicly traded companies like OppFi Inc.

Stakeholder Impact

• The transaction may be of interest to shareholders as it provides insight into insider activity and ownership structure.

Key Dates