Form 4: OppFi Inc. Executive Christopher J. McKay Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Christopher J. McKay, Chief Risk & Analytics Officer of OppFi Inc., reports transactions involving Class A Common Stock related to the settlement of restricted stock units.
Summary
- On October 2, 2024, Christopher J. McKay, Chief Risk & Analytics Officer of OppFi Inc., reported changes in beneficial ownership of the company's Class A Common Stock.
- These changes resulted from the settlement of restricted stock units (RSUs) that vested on October 1, 2024.
- McKay received 3,851 shares of Class A Common Stock upon settlement of the RSUs.
- A total of 2,908 shares were withheld to cover tax obligations at a price of $4.94 per share.
- Following these transactions, McKay directly owns 173,651 shares of Class A Common Stock and 15,404 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to stock transactions by an executive, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine executive compensation.
Key Dates
| Date | Description |
|---|---|
| October 1, 2021 | Reporting person was granted 61,613 RSUs. |
| October 1, 2024 | RSUs vested. |
| October 2, 2024 | Shares of Class A Common Stock received in settlement of RSUs; shares withheld for tax obligations. |
| October 4, 2024 | Date of Form 4 filing. |
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