Form 4: OppFi Officer Sells Shares Under 10b5-1 Plan
Insider Transaction Report
OppFi's Chief Risk & Analytics Officer, Christopher J. McKay, reported routine stock transactions including a pre-planned sale and tax-related share withholding.
Summary
- Christopher J. McKay, Chief Risk & Analytics Officer of OppFi Inc. (OPFI), reported transactions involving Class A Common Stock.
- On August 4, 2025, McKay sold 1,106 shares of Class A Common Stock at a price of $10.43 per share.
- This sale was conducted pursuant to a Rule 10b5-1 trading plan, which was adopted by McKay on December 10, 2024.
- Additionally, on August 4, 2025, 357 shares of Class A Common Stock were disposed of at $10.40 per share to cover tax withholding obligations related to the settlement of a previously reported performance-based restricted stock unit award.
- Following these reported transactions, McKay beneficially owns 183,903 shares of OppFi Inc. Class A Common Stock.
Sentiment
Score: 5
Explanation: The filing reports routine insider transactions, including a pre-planned stock sale under a Rule 10b5-1 plan and shares withheld for tax obligations, which are generally neutral events and do not indicate a change in company fundamentals.
Future Outlook
The filing does not provide any forward-looking statements or guidance regarding the company's future outlook.
Industry Context
This filing reports an individual insider's stock transactions and does not provide broader industry context or trends.
Stakeholder Impact
- Shareholders: Minimal impact as the transactions are routine and pre-planned, not signaling a change in company fundamentals or management's confidence.
Key Dates
| Date | Description |
|---|---|
| 12/10/2024 | Rule 10b5-1 trading plan adopted by Christopher J. McKay. |
| 08/04/2025 | Date of stock sale and tax withholding transactions. |
| 08/06/2025 | Signature date of the Form 4 filing. |
Recommendation
holdThe reported transactions are routine insider activities, including a pre-planned sale under a Rule 10b5-1 plan and shares withheld for tax purposes. These do not indicate a change in the company's fundamental outlook or performance, thus a 'hold' recommendation remains appropriate.
Keywords
OppFi, OPFI, insider trading, stock sale, Form 4, Rule 10b5-1, executive compensation, stock ownership
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