Form 4: OppFi Inc. Executive Christopher J. McKay Reports Tax Withholding Transaction
SEC Form 4 Filing
Christopher J. McKay, Chief Risk & Analytics Officer of OppFi Inc., reports disposition of shares to cover tax obligations related to a restricted stock unit settlement.
Summary
- On May 14, 2024, Christopher J. McKay, the Chief Risk & Analytics Officer of OppFi Inc., reported a transaction involving Class A Common Stock.
- The transaction involved the disposition of 357 shares at a price of $3.06 per share.
- These shares were withheld to cover tax withholding obligations upon the settlement of a previously reported performance-based restricted stock unit award.
- Following the transaction, McKay directly owns 172,121 shares of OppFi Inc.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to tax obligations, and does not inherently indicate positive or negative sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders. This filing indicates a routine tax obligation fulfillment related to equity compensation.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine tax-related disposition of shares.
Key Dates
| Date | Description |
|---|---|
| 05/14/2024 | Date of transaction: Disposition of shares to cover tax withholding. |
| 05/16/2024 | Date of signature on the Form 4 filing. |
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