Bland Douglas K 4

4 · Oportun Financial Corp · Filed Jun 11, 2026

AI-generated summary of this filing

Updated Jun 11, 2026

Oportun (OPRT) CEO Douglas Bland Receives RSU & PSU Award

What Happened

Douglas K. Bland, CEO of Oportun Financial Corp (OPRT), received two equity awards on June 10, 2026: 463,822 restricted stock units (RSUs) and 463,822 performance-based restricted stock units (PSUs), for a total of 927,644 units. No per-share price is reported for these awards (standard for RSU/PSU grants); the awards represent rights to receive common shares at settlement.
These are awards (compensation), not open-market purchases or sales — they increase potential future share ownership but are subject to vesting and performance conditions.

Key Details

Transaction date: June 10, 2026; Form 4 filed June 11, 2026 (appears timely).
Price: N/A (typical for awards); reported amounts are unit counts only.
Shares owned after transaction: Not disclosed in the filing.
Notable footnotes:
- RSU vesting (F1/F2): The RSUs vest over three years — 33% on the first anniversary, then eight quarterly installments, subject to continued service. Each RSU converts to one share at settlement.
- PSU structure (F3/F4): The 463,822 PSUs are performance-based (one-year Economic ROA metric) and are reported at target. Earned PSUs will be deferred to the end of year three and then adjusted by a relative TSR modifier vs. the Russell 3000 covering calendar years 2026–2028; final payout may range from 0% to 156% of target and, if eligible, will vest on March 10, 2029. Each PSU converts to one share at settlement.
Filing type: Award/Grant (transaction code A). No tax-withholding or sale reported in this filing.

Context

Equity awards are common executive compensation; they do not represent an immediate purchase or sale. PSUs here are performance-contingent and may pay out more or less than target depending on company performance and relative TSR versus peers. Retail investors should view this as a compensation grant with future vesting and performance conditions, not a direct bullish/bearish trading signal.

Form 4

Period: 2026-06-10

DirectorChief Executive Officer

Transactions

Award
Common Stock
[F1][F2]
2026-06-10+463,822→ 463,822 total
Award
Performance Stock Units
[F3][F4]
2026-06-10+463,822→ 463,822 total
Exp: 2029-06-10→ Common Stock (463,822 underlying)

Footnotes (4)

[F1]The Restricted Stock Units (RSU) vest over 3 years, 33% will vest on the first anniversary of the grant date and 8 quarterly installments thereafter, subject to the continued service of the Reporting Person on each vesting date.
[F2]Each RSU represents the right to receive, at settlement, one share of common stock.
[F3]Represents Performance-Based RSU (PSU) that are eligible to vest based on a one-year performance period for Economic ROA (as defined in the PSU Award Agreement). Earned PSUs will be deferred until the end of year three, at which point they will be subject to a modifier based on the Issuer's relative total shareholder return (rTSR) performance against the Russell 3000 Index before vesting. The rTSR performance period spans three (3) years covering calendar years 2026 through 2028. The number of PSUs reported in the table reflects the number of units subject to the award at target achievement. Actual vesting will be based on percentile performance, with potential payout ranging from 0% to 156% of the target units. In addition to such performance requirements, the PSUs are subject to satisfying service-based requirements and any PSUs that become Eligible Units (as defined in the PSU Award Agreement) will be scheduled to vest on March 10, 2029.
[F4]Each PSU represents the right to receive, at settlement, one share of common stock.

Signature

/s/Kathleen Layton (Attorney-in-Fact)|2026-06-11

1 file