[144] OppFi Inc. SEC Filing
Rhea-AI Filing Summary
OppFi Inc. (OPFI) – Form 144 Filing Overview
This Form 144 notifies the SEC of a proposed sale of restricted Class A shares. The filer intends to sell 5,495 shares through Fidelity Brokerage Services on or about 07/02/2025. At the reference price used in the filing, the aggregate market value is $73,687.95, implying roughly $13.42 per share. The shares represent less than 0.03% of the company’s 26,172,900 Class A shares outstanding, indicating an immaterial impact on total float.
The securities were acquired via restricted-stock vesting on 07/01/2024 and are being sold for compensation-related liquidity. In addition, during the last three months, the same selling account disposed of 35,890 shares for gross proceeds of $501,525.20.
- Type of security: Class A common stock
- Broker: Fidelity Brokerage Services LLC
- Proposed sale date: 07/02/2025
- Total proposed market value: $73,687.95
No other material terms, option exercises, or debt settlements are disclosed. The filer affirms no knowledge of undisclosed adverse information, in line with Rule 144 requirements.
Positive
- None.
Negative
- None.
Insights
TL;DR: Routine Form 144; <1% float; neutral market impact.
The filing outlines a modest insider-related sale (5,495 shares, ~$74k) following a prior 35,890-share sale. Combined sales equal roughly 0.16% of quarterly average volume and far less than 1% of shares outstanding, so liquidity and ownership structure remain effectively unchanged. Absent other context, investors typically view such transactions as normal diversification rather than strategic commentary on fundamentals. Accordingly, I classify the event as neutral to valuation and trading dynamics.
TL;DR: Filing meets disclosure rules; no governance red flags.
The seller properly discloses acquisition source (restricted-stock vesting) and certifies compliance with Rule 144 and potential 10b5-1 plans. The small size relative to total float suggests no control change or concentration risk. Governance observers should continue monitoring aggregate insider activity, but this isolated notice poses no material governance concern.