Oportun (OPRT) CLO Kathleen Layton Sells 4,223 Shares

What Happened
Kathleen Layton, Chief Legal Officer of Oportun Financial Corp (OPRT), sold 4,223 shares of Oportun common stock on September 10, 2026 in open-market transactions. The shares were disposed at a weighted average price of $7.80 per share for total proceeds of approximately $32,939. This sale was to satisfy the reporting person’s minimum tax obligation related to the vesting of restricted stock units, so it appears to be a routine tax-withholding sale rather than a discretionary trade.

Key Details

• Transaction date: September 10, 2026
• Transaction type: Sale (open market/private sale) — S
• Shares sold: 4,223; weighted average price: $7.80; total proceeds: ~$32,939
• Price range: $7.78–$7.84 across multiple transactions (see footnote)
• Reason noted: Sale to satisfy minimum tax withholding on vested RSUs (footnote F1)
• Filing: Form 4 filed Sept 14, 2026 (filed within the standard two-business-day window for a Sept 10 transaction)
• Shares owned after transaction: Not disclosed in the provided filing

Context

• The sale was executed to cover tax obligations from RSU vesting (common practice), and the filing discloses that the shares were sold in multiple lots at prices within the stated range. This type of transaction is generally considered routine tax-related selling rather than an indicator of changed insider sentiment.