4Filed Aug 12, 8:00 PM ET
Oportun (OPRT) Director Ginny Lee Receives RSU Award
$OPRT · Oportun Financial CorpResearch Summary
AI-generated summary of this SEC filing
Oportun (OPRT) Director Ginny Lee Receives RSU Award
What Happened
- Ginny Lee, a director of Oportun Financial Corp (OPRT), received a grant of 20,869 restricted stock units (RSUs) on August 11, 2026. The filing lists the transaction as an award/acquisition (code A); no purchase price or cash value is disclosed (N/A). Each RSU represents the right to receive one share of common stock at settlement.
Key Details
- Transaction date: 2026-08-11; Form 4 filed: 2026-08-13 (appears timely).
- Transaction type: Grant/Award (code A) of 20,869 RSUs; price reported as N/A.
- Vesting: One-fourth vests on each of Nov 11, 2026; Feb 11, 2027; May 11, 2027; and on the earlier of (i) the date immediately preceding the issuer’s 2027 annual meeting or (ii) Aug 11, 2027, subject to continued service.
- Shares owned after transaction: Not disclosed in this filing.
- Footnotes: F1 = vesting schedule and continued-service condition; F2 = each RSU equals one share at settlement.
- No indication of tax withholding, sale, exercise, or a 10b5-1 plan in this filing.
Context
- RSU grants are compensation awards that convert to shares when they vest; they are not open-market purchases or sales and do not by themselves signal immediate buying or selling. This grant vests over short, specified dates through mid-2027, contingent on Lee’s continued service, and will result in share issuance as each tranche vests.