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 May 29, 2024, Todd G. Schwartz, CEO and Director of OppFi Inc., reported changes in beneficial ownership.
- The transaction involved the surrender and cancellation of 2,913 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 Class A common stock of OppFi Inc.
- Following the transaction, Schwartz directly owns no shares and indirectly owns 91,291,653 shares through OppFi Shares, LLC.
- The shares held by OppFi Shares, LLC are controlled by TGS Revocable Trust, with Schwartz as the sole trustee.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to insider transactions and corporate structure adjustments, common in publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 05/29/2024 | Date of transaction involving the surrender and cancellation of Class V Common Stock. |
| 05/31/2024 | Date of signature for the Form 4 filing. |
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