Oportun (OPRT) Director Mohit Daswani Receives RSU Award

What Happened

• Mohit Daswani, a director of Oportun Financial Corp (OPRT), was granted 20,869 restricted stock units (RSUs) on August 11, 2026. The grant price is listed as N/A because these are compensation RSUs rather than an open-market purchase.
• These RSUs represent the right to receive one share of common stock per RSU at settlement; they are not immediately vested shares and will convert to common stock only as they vest.

Key Details

• Transaction date: 2026-08-11; Form 4 filed: 2026-08-13 (timely filing under Form 4 rules).
• Award amount: 20,869 RSUs (each RSU = 1 share upon settlement).
• Vesting schedule (Footnote F1): one-fourth vests on each of Nov 11, 2026; Feb 11, 2027; May 11, 2027; and upon 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 the transaction: not disclosed in the provided filing excerpt.
• No 10b5-1 plan, tax-withholding, or cashless exercise noted in this filing (no sale or purchase occurred).

Context

• RSU awards are compensation-based grants that convert into common stock only as they vest; they do not represent an immediate open-market purchase or sale. Such awards are common for directors and executives and are typically part of regular compensation rather than a direct signal of buying or selling conviction.