OppFi (OPFI) director Jocelyn Moore receives 16,843 RSU equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Moore Jocelyn reported acquisition or exercise transactions in this Form 4 filing.
OppFi Inc. director Jocelyn Moore received a grant of 16,843 restricted stock units (RSUs) of Class A Common Stock. The RSUs were awarded at no cash purchase price under the OppFi Inc. 2021 Equity Incentive Plan as part of equity compensation.
Each RSU represents a contingent right to receive one share of Class A Common Stock. All RSUs will vest 100% on the earlier of the one-year anniversary of the grant date or the next annual meeting of stockholders, subject to her continued service and the plan terms. Following this award, Moore holds 55,919 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Moore Jocelyn
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 16,843 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 55,919 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 16,843 RSUs
Price per share: $0.0000 per share
Shares after transaction: 55,919 shares
+1 more
4 metrics
RSUs granted
16,843 RSUs
Restricted stock units of Class A Common Stock granted to director
Price per share
$0.0000 per share
Reported transaction price for RSU grant
Shares after transaction
55,919 shares
Total Class A Common Stock held directly after grant
Par value
$0.0001 per share
Par value of OppFi Inc. Class A Common Stock tied to RSUs
Key Terms
Restricted stock units ("RSUs"), 2021 Equity Incentive Plan, vesting, par value
4 terms
Restricted stock units ("RSUs") financial
"Restricted stock units ("RSUs") granted pursuant to the OppFi Inc. 2021 Equity Incentive Plan"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
2021 Equity Incentive Plan financial
"granted pursuant to the OppFi Inc. 2021 Equity Incentive Plan (the "Plan")"
vesting financial
"100% of the RSUs will vest on the earlier of (i) the one-year anniversary"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
par value financial
"Class A Common Stock, par value $0.0001 per share ("Class A Common Stock")"
Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.
FAQ
What insider transaction did OppFi (OPFI) report for Jocelyn Moore?
OppFi reported that director Jocelyn Moore received a grant of 16,843 restricted stock units (RSUs) of Class A Common Stock. The award was made at no cash purchase price as part of equity compensation under the company’s 2021 Equity Incentive Plan.
When do Jocelyn Moore’s OppFi (OPFI) RSUs vest?
All of Jocelyn Moore’s 16,843 OppFi RSUs will vest 100% on the earlier of the one-year anniversary of the grant date or the next annual meeting of stockholders, assuming she continues to serve and meets the conditions of the 2021 Equity Incentive Plan.
What does each OppFi (OPFI) RSU granted to Jocelyn Moore represent?
Each RSU granted to Jocelyn Moore represents a contingent right to receive one share of OppFi Inc. Class A Common Stock, par value $0.0001 per share. Actual shares are delivered only upon vesting and in accordance with the terms of the 2021 Equity Incentive Plan.
Is Jocelyn Moore’s OppFi (OPFI) RSU grant an open-market stock purchase?
No. The 16,843 OppFi RSUs reported for Jocelyn Moore are a grant or award, not an open-market purchase. They were issued at a reported price per share of $0.0000 as equity compensation under the company’s 2021 Equity Incentive Plan.