Form 4: OppFi Inc. Executive Christopher J. McKay Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Christopher J. McKay, Chief Risk & Analytics Officer of OppFi Inc., reports disposing of 357 shares of Class A Common Stock to cover tax withholding obligations.
Summary
- On August 2, 2024, Christopher J. McKay, the Chief Risk & Analytics Officer of OppFi Inc., disposed of 357 shares of Class A Common Stock.
- The disposal was to cover tax withholding obligations upon the settlement of a previously reported performance-based restricted stock unit award.
- The price per share was $3.67.
- Following the transaction, McKay directly owns 172,708 shares of OppFi Inc.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to an executive's stock disposal for tax purposes. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it involves a small number of shares disposed of by an executive to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 08/02/2024 | Date of transaction: Disposal of 357 shares of Class A Common Stock. |
| 08/06/2024 | Date of signature for the Form 4 filing. |
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