Vennettilli David 4

What Happened

• David Vennettilli, a director of OppFi Inc. (OPFI), received equity awards on 2026-06-09. The Form 4 shows two grant entries: 25,265 RSUs and an additional 25,265 RSUs (total 50,530 RSUs) reported as acquisitions at $0. These are awards (not purchases) that convert to shares if/when they vest and any deferred-issuance conditions are met.

Key Details

• Transaction date: 2026-06-09; Form 4 filed 2026-06-10 (timely filing).
• Transaction type/code: A = Award/Grant; price reported $0.00 per RSU.
• Grant breakdown: 25,265 RSUs (regular award) + 25,265 RSUs (deferred RSUs) = 50,530 RSUs total.
• Vesting/issuance notes:
  • Regular RSUs (F1): 100% vest on the earlier of the one-year anniversary of grant or the next annual meeting, subject to continued service and plan terms.
  • Deferred RSUs (F2): underlying shares to be issued on the earlier of June 8, 2029 or the reporting person’s separation from service.
• Holdings after transaction: Not specified in the provided Form 4.
• Ownership structure note (F3): Some securities are held by the DAV 513 Revocable Trust, of which Vennettilli is sole trustee and beneficiary.
• No indication of tax-withholding sale, 10b5-1 plan, or late filing in the reported data.

Context

• These are equity awards (RSUs), not open-market purchases or sales. RSUs are contingent rights to receive shares later; they do not produce immediate proceeds and are typically intended as compensation or retention. The deferred portion means some shares won’t be issued until 2029 (or upon separation). Such grants are common for directors and don’t, by themselves, signal intent to buy or sell shares in the market.