OppFi Inc.
No enriched coverage for $OPFI in the last 7 days.
No SEC Form 4 filings for $OPFI in the last 30 days.
OppFi Inc. insider Todd G. Schwartz reported a restructuring of his indirect ownership interests due to a corporate simplification of Opportunity Financial, LLC. Entities associated with Schwartz exchanged Common Units for Class A Common Stock, leading to the cancellation of Class V Common Stock. Post-transaction, Schwartz holds Class A Common Stock both directly and indirectly, with prior Class V interests surrendered.
OppFi's Chief Risk & Analytics Officer, Christopher J. McKay, received 1.35 million Class A common shares at no cost due to a Corporate Simplification Agreement. This agreement converted Class A common units of Opportunity Financial into Class A common stock, resulting in the surrender of Class V common stock and Class A common units by McKay's associated entities. Following these transactions, McKay directly holds 1,537,103 shares of Class A common stock, consolidating his holdings into a single class of shares.
OppFi Inc.'s major shareholders, Todd G. Schwartz and Theodore G. Schwartz, have significantly updated their ownership stakes and governance arrangements, according to an amended Schedule 13D filing. Todd G. Schwartz now beneficially owns 32.03% of Class A Common Stock, while Theodore G. Schwartz holds 25.65%. This change follows a Corporate Simplification Agreement dated April 28, 2026, which involved large exchanges of OppFi Units, the cancellation of all remaining Class V Voting Stock, and the early termination of the Tax Receivable Agreement.
