Vennettilli David 4

What Happened

• Director David Vennettilli exercised exchange/conversion rights on April 28, 2026 to convert 284,501 Class V common shares (voting, non‑economic) into 284,501 shares of Class A common stock. The filing shows a disposition to the issuer of 284,501 Class V shares (cancelled) and an acquisition of 284,501 Class A shares via exercise/conversion. All transactions were reported at $0.00 (no cash proceeds).

Key Details

• Transaction date: 2026-04-28; Form 4 filed: 2026-04-30.
• Reported transactions/codes: M (exercise/conversion of derivative) and D (disposition to issuer/cancellation).
• Shares converted/disposed: 284,501 Class V shares cancelled; 284,501 Class A shares received. Reported price: $0.00.
• Holdings after transaction: the filing reports receipt of 284,501 Class A shares via the conversion, but does not list a consolidated “shares owned after” total for the reporting person.
• Not a market sale or purchase — this was an internal conversion/exchange (no cash changed hands).
• Related parties/structure: Class V shares were held by OppFi Shares, LLC; the Class A shares were received by DAV 513 Revocable Trust (DAV), of which Vennettilli is sole trustee and beneficiary. Footnotes explain these were exercise of Exchange Rights from Opportunity Financial Common Units.

Context

• This was a conversion/exchange transaction (derivative exercise), not an open‑market buy or sale. The Class V shares represented voting, non‑economic interests and were cancelled upon conversion; the economic Class A shares were issued/received instead. Such internal exchanges are corporate-structure actions rather than typical insider buys or opportunistic sales.