OppFi (OPFI) CEO adds 3,550 shares in fresh open-market buy
Rhea-AI Filing Summary
OppFi Inc. (OPFI) reported that Chief Executive Officer and director Todd G. Schwartz, a more-than-10% owner, purchased 3,550 shares of Class A Common Stock on August 21, 2026 at a weighted average price of $7.0715 per share. The shares were bought in multiple transactions between $6.98 and $7.11 and are held indirectly through the TGS Revocable Trust, for which Schwartz is the sole trustee.
After this transaction, the TGS Revocable Trust held 591,283 shares. Separately, Schwartz reported 301,710 shares held directly, and additional indirect holdings of 24,656,083 shares through TGS Capital Group, LP and 1,949,309 shares through TGS MCS Capital Group LP, where he is manager of the general partners. He may be deemed to beneficially own those partnership-held shares but disclaims beneficial ownership except to the extent of his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 3,550 shares
Net Buy
4 txns
Insider
Schwartz Todd G.
Role
Chief Executive Officer
Bought
3,550 shs ($25K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A Common Stock F1, F2 | 3,550 | $7.0715 | $25K |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock F3 | -- | -- | -- |
| holding | Class A Common Stock F4 | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 591,283 shares (Indirect, By TGS Revocable Trust);
Class A Common Stock — 301,710 shares (Direct);
Class A Common Stock — 24,656,083 shares (Indirect, By TGS Capital Group, LP);
Class A Common Stock — 1,949,309 shares (Indirect, By TGS MCS Capital Group LP)
Footnotes (4)
- F1. The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions with prices ranging from $6.98 to $7.11 for a weighted average purchase price of $7.0715. The reporting person undertakes to provide the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
- F2. The reporting person is the sole trustee of TGS Revocable Trust.
- F3. The reporting person is the manager of the general partner of TGS Capital Group, LP and may be deemed to beneficially own the securities held by TGS Capital Group, LP. The reporting person disclaims beneficial ownership of such securities, except to the extent of his pecuniary interest therein.
- F4. The reporting person is the manager of the general partner of TGS MCS Capital Group LP and may be deemed to beneficially own the securities held by TGS MCS Capital Group LP. The reporting person disclaims beneficial ownership of such securities, except to the extent of his pecuniary interest therein.
Key Figures
Shares purchased: 3,550 shares of Class A Common Stock
Weighted average purchase price: $7.0715 per share
Price range of trades: $6.98 to $7.11 per share
+4 more
7 metrics
Shares purchased
3,550 shares of Class A Common Stock
Purchased on August 21, 2026 by TGS Revocable Trust
Weighted average purchase price
$7.0715 per share
Average of multiple trades between $6.98 and $7.11
Price range of trades
$6.98 to $7.11 per share
Range for the August 21, 2026 purchase transactions
Shares held by TGS Revocable Trust after transaction
591,283 shares
Indirectly owned by Todd G. Schwartz as sole trustee
Directly held shares
301,710 shares
Class A Common Stock held directly by Todd G. Schwartz
Shares held by TGS Capital Group, LP
24,656,083 shares
Indirect holdings; beneficial ownership disclaimed except for pecuniary interest
Shares held by TGS MCS Capital Group LP
1,949,309 shares
Indirect holdings; beneficial ownership disclaimed except for pecuniary interest
Key Terms
weighted average price, Revocable Trust, beneficially own, pecuniary interest
4 terms
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Revocable Trust financial
"The reporting person is the sole trustee of TGS Revocable Trust."
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
beneficially own financial
"may be deemed to beneficially own the securities held by TGS Capital Group, LP"
Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.
pecuniary interest financial
"disclaims beneficial ownership of such securities, except to the extent of his pecuniary interest"
FAQ
What did OppFi (OPFI) CEO Todd G. Schwartz report on this Form 4?
He purchased 3,550 shares of OppFi Class A Common Stock on August 21, 2026 at a weighted average price of $7.0715 per share, with the shares held indirectly through the TGS Revocable Trust where he serves as sole trustee.
What indirect OppFi (OPFI) holdings are reported through TGS Capital Group, LP and TGS MCS Capital Group LP?
The filing lists 24,656,083 shares held indirectly through TGS Capital Group, LP and 1,949,309 shares held indirectly through TGS MCS Capital Group LP. Todd G. Schwartz may be deemed to beneficially own these but disclaims beneficial ownership except for his pecuniary interest.
Was the OppFi (OPFI) insider trade made under a Rule 10b5-1 plan?
The Form 4 indicates the Rule 10b5-1 checkbox is not affirmed for this transaction (the aff_10b5_one flag is false), so the filing does not state that the purchase was made pursuant to a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
