Form 4: OppFi Inc. Executive Christopher J. McKay Reports Stock Transactions
SEC Form 4 Filing
Christopher J. McKay, Chief Risk & Analytics Officer of OppFi Inc., reports acquisition and disposal of Class A Common Stock related to RSU vesting and tax obligations.
Summary
- On April 15, 2024, Christopher J. McKay, Chief Risk & Analytics Officer of OppFi Inc., reported transactions involving Class A Common Stock.
- McKay received 3,850 shares of Class A Common Stock upon the settlement of restricted stock units (RSUs) that vested on April 1, 2024.
- He also disposed of 938 shares and 7,877 shares to cover tax withholding obligations related to the RSU settlement, at a price of $3.2 per share.
- Following these transactions, McKay directly owns 172,478 shares of Class A Common Stock and 23,106 derivative securities (RSUs).
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment about the company's performance.
Industry Context
This Form 4 filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency into the trading activities of company executives.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they represent routine executive compensation activities.
Key Dates
| Date | Description |
|---|---|
| October 1, 2021 | Reporting person was granted 61,613 RSUs. |
| April 1, 2024 | RSUs vested. |
| April 15, 2024 | Date of transactions: acquisition of shares from RSU settlement and disposal of shares for tax obligations. |
| April 17, 2024 | Date of Form 4 filing. |
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