[Form 3] FlexShopper, Inc. Initial Statement of Beneficial Ownership

Rhea-AI Filing Summary

The filing is a Form 3 initial ownership statement for FlexShopper, Inc. (FPAY) by Steven Varner, reporting his relationship as a Director. The date of the event requiring the statement is 07/27/2025. The form explicitly states no securities are beneficially owned by the reporting person. The document is signed by Steven Varner on 08/21/2025.

Insights

Financial Analyst

TL;DR: Routine initial Form 3 showing a director with no beneficial ownership; limited market impact.

The filing documents a fiduciary relationship rather than an ownership stake: Steven Varner is identified as a director of FlexShopper, Inc. and the Form 3 declares that he beneficially owns no securities. For investors, this is a routine disclosure required under Section 16; it provides no new financial metrics or ownership changes to affect valuation or voting dynamics.

Corporate Governance Expert

TL;DR: Governance disclosure is complete but indicates no equity alignment via ownership.

The submission fulfills Section 16 reporting obligations by identifying the reporting person, address, director status, and the event date. The explicit statement that there are no beneficially owned securities is notable from a governance perspective because it clarifies that the director currently holds no equity position disclosed on this Form 3. The filing is procedural and does not signal changes in control or insider transactions.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Varner Steven

(Last) (First) (Middle)

C/O FLEXSHOPPER, INC.

901 YAMATO ROAD, SUITE 260

(Street)

BOCA RATON FL 33431

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
07/27/2025

3. Issuer Name and Ticker or Trading Symbol
FlexShopper, Inc. [ FPAY ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

Remarks:

Exhibit List: Exhibit 24 - Power of Attorney

No securities are beneficially owned.

	/s/ Steven Varner	08/21/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What does Steven Varner's Form 3 for FPAY disclose?

The Form 3 identifies Steven Varner as a Director of FlexShopper, Inc. and states he beneficially owns no securities.

When is the event date and signature date on the FPAY Form 3?

The event requiring the statement is dated 07/27/2025 and the form is signed on 08/21/2025.

Does the Form 3 show any derivatives or non-derivative holdings for FPAY?

No. The filing explicitly states no securities are beneficially owned and lists no derivative or non-derivative holdings.

What relationship to the issuer does the reporting person have on the Form 3?

The reporting person, Steven Varner, is disclosed as a Director of FlexShopper, Inc.

Is this Form 3 an individual filing or joint filing?

The form indicates it was filed by one reporting person (individual filing).