Vennettilli David 4
Research Summary
AI-generated summary
OppFi (OPFI) Director David Vennettilli Sells 10,000 Shares
What Happened David Vennettilli, a director of OppFi Inc. (OPFI), sold 10,000 shares on 2026-05-04 at $10.00 per share, generating proceeds of $100,000. This was a sale (not a purchase), which insiders commonly execute for routine or preplanned reasons.
Key Details
- Transaction date: 2026-05-04; Price: $10.00 per share; Total proceeds: $100,000.
- Transaction type: Sale (open market or private sale as reported).
- Filing date: Form 4 filed 2026-05-06 (covers the 2026-05-04 transaction) — filed within the typical two-business-day window.
- Footnote F1: Sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 9, 2025.
- Footnote F2: Securities are held by DAV 513 Revocable Trust, of which the reporting person is sole trustee and beneficiary.
- Shares owned after the transaction: Not specified in the provided excerpt of the filing.
Context A Rule 10b5-1 plan indicates the sale was preplanned, which can reduce the inference that the transaction reflects new views about the company. Holdings through a revocable trust are a common ownership structure and do not by themselves indicate a change in insider sentiment.