Form 4: OppFi Inc. Insider Transaction: Schwartz Disposes of Class V Stock

Todd G. Schwartz, a Director and CEO of OppFi Inc., reported a transaction involving the surrender and cancellation of 50,000 shares of Class V common stock.

Summary

• Todd G. Schwartz, who holds multiple key positions at OppFi Inc. including Director, 10% Owner, and Chief Executive Officer, has reported a transaction on April 20, 2026.
• The transaction involved the surrender and cancellation of 50,000 shares of Class V common stock.
• This action is related to the exchange of Class A common units of Opportunity Financial, LLC for shares of Class A common stock of OppFi Inc. by other members.
• Following this transaction, Mr. Schwartz's beneficial ownership of Class V common stock is reported as 58,638,241 shares, held indirectly through OppFi Shares, LLC.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this filing as neutral, as it reports an insider transaction related to corporate restructuring rather than performance or strategic shifts.

Negatives

• 50,000 shares of Class V common stock were surrendered and cancelled.

Future Outlook

No specific future outlook or guidance is provided in this Form 4 filing.

Industry Context

StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions and do not typically contain strategic updates or financial performance data. This filing primarily details a change in beneficial ownership structure related to corporate reorganizations or unit exchanges.

Related Party Transactions

• The transaction involves the surrender and cancellation of Class V common stock in connection with the exchange of Class A common units of Opportunity Financial, LLC by members other than the reporting person.

Stakeholder Impact

• Shareholders: The transaction involves a change in the structure of beneficial ownership of Class V common stock, which represents voting rights. The overall impact on shareholder value is not directly indicated by this filing.

Key Dates

Keywords

OppFi Inc., OPFI, Form 4, Insider Transaction, Class V Common Stock, Todd G. Schwartz, Securities Exchange Act of 1934, Beneficial Ownership