Schwartz Todd G. 4

What Happened

• Todd G. Schwartz, Chief Executive Officer of OppFi, reported a disposition to the issuer on Feb 27, 2026 in which 10,000 shares of Class V common stock were surrendered/cancelled. The reported transaction price was $0.00, resulting in $0 proceeds (disposition type "D").

Key Details

• Transaction date: 2026-02-27; Form 4 filed: 2026-03-03 (reporting the Feb 27 transaction).
• Shares disposed: 10,000 Class V common shares at $0.00 per share; total reported proceeds $0.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnote highlights:
  • F1: Class V common stock are voting, non-economic interests (one vote per share; no economic rights).
  • F2: The shares were surrendered and cancelled in connection with an exchange of LLC units by other members of Opportunity Financial (an internal reorganization/issuance process).
  • F3: The Class V shares are held by OppFi Shares, LLC (OFS), which is owned by a trust for which Mr. Schwartz is trustee; he disclaims beneficial ownership except for any pecuniary interest.
• Filing timeliness: Form 4 reported the Feb 27 transaction on Mar 3, 2026. (Form 4s are generally due within two business days of the transaction.)

Context

• This was not an open-market sale for cash but a surrender/cancellation of voting-only Class V shares related to an internal exchange process — it does not directly indicate a typical insider selling shares for personal proceeds.
• Because Class V shares are described as voting, non-economic interests, the transaction primarily affects voting units rather than economic exposure; Mr. Schwartz also disclaims beneficial ownership of the shares held by OFS except to the extent of any pecuniary interest.