OppFi risk chief granted 1.35M Class A shares

OppFi Inc.’s Chief Risk & Analytics Officer, Christopher J. McKay, received a grant of 1,350,000 shares of Class A common stock at no cost.

Rhea-AI Filing Summary

OppFi Inc.’s Chief Risk & Analytics Officer, Christopher J. McKay, received a grant of 1,350,000 shares of Class A common stock at no cost. This occurred under a Corporate Simplification Agreement that converted Class A common units of Opportunity Financial into Class A common stock.

In connection with this simplification, entities associated with McKay surrendered 1,350,000 shares of Class V common stock and 1,350,000 Class A common units back to the issuer. Following these transactions, McKay directly holds 1,537,103 shares of Class A common stock, consolidating his economic and voting interests into a single class of shares.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider McKay Christopher J.

Role Chief Risk & Analytics Officer

Type	Security	Shares	Price	Value
Disposition	Class A Common Units	1,350,000	$0.00	$0.00
Disposition	Class V Common Stock	1,350,000	$0.00	$0.00
Grant/Award	Class A Common Stock	1,350,000	$0.00	$0.00

Holdings After Transaction: Class A Common Units — 0 contracts (Indirect, By OppFi Management Holdings, LLC); Class V Common Stock — 0 shares (Indirect, By OppFi Shares, LLC); Class A Common Stock — 1,537,103 shares (Direct)

Footnotes (5)

1. F1. Shares of Class V common stock, par value $0.0001 per share ("Class V Common Stock"), of OppFi Inc. (the "Issuer") represented voting, non-economic interests in the Issuer. Except as provided in the Issuer's certificate of incorporation, as amended, or as required by applicable law, holders of Class V Common Stock were entitled to one vote per share of Class V Common Stock on all matters to be voted on by the Issuer's stockholders generally. The shares of Class V Common Stock would be cancelled by the Issuer if the reporting person exercised (or caused OppFi Management Holdings, LLC ("OFMH") to exercise) Exchange Rights (as defined below in footnote 4).
2. F2. Pursuant to the Corporate Simplification Agreement, dated April 28, 2026 (the "Corporate Simplification Agreement"), each outstanding Class A common unit ("Common Unit") of Opportunity Financial, LLC ("Opportunity Financial") held by any members of Opportunity Financial, including OFMH, was canceled and converted automatically into the right to receive one validly issued, fully paid and non-assessable share of Class A common stock, par value $0.0001 per share, of the Issuer ("Class A Common Stock"). In connection therewith, pursuant to the Corporate Simplification Agreement, OppFi Shares, LLC ("OFS") surrendered to the Issuer the outstanding shares of Class V Common Stock it owned.
3. F3. The shares of Class V Common Stock were held by OFS, which had sole voting power over the shares of Class V Common Stock reported in Table I hereof. The reporting person had the indirect right to cause OFS to dispose of the shares of Class V Common Stock reported in Table I hereof to the Issuer pursuant to the reporting person's (or OFMH's) Exchange Rights.
4. F4. Common Units of Opportunity Financial generally represented economic, non-voting interests in Opportunity Financial. The Issuer is the sole manager of Opportunity Financial and controls Opportunity Financial, except as provided by the Third Amended and Restated Limited Liability Company Agreement of Opportunity Financial (the "LLC Agreement") or applicable law. Pursuant to the LLC Agreement, each Common Unit could be exchanged by the holder from time to time for either one share of Class A Common Stock or, at the election of the Issuer in its capacity as the sole manager of Opportunity Financial, the cash equivalent of the market value of one share of Class A Common Stock (the "Exchange Rights").
5. F5. These Common Units were held by OFMH, of which the reporting person is a member. OFMH is a member of Opportunity Financial. Pursuant to the terms of the Amended and Restated Limited Liability Company Agreement of OFMH, the reporting person had the right to cause OFMH to exercise for the benefit of the reporting person OFMH's Exchange Rights with respect to the Common Units indirectly held by the reporting person.

Key Figures

Class A grant: 1,350,000 shares Class V disposed: 1,350,000 shares Common Units disposed: 1,350,000 units +2 more

5 metrics

Class A grant 1,350,000 shares Class A Common Stock granted at $0.0000 per share on April 28, 2026

Class V disposed 1,350,000 shares Class V Common Stock disposed to issuer by OppFi Shares, LLC

Common Units disposed 1,350,000 units Class A Common Units of Opportunity Financial disposed to issuer

Post-transaction holdings 1,537,103 shares Class A Common Stock directly held by McKay after transactions

Net buy/sell shares 0 shares Transaction summary net buy/sell direction neutral

Key Terms

Class V Common Stock, Corporate Simplification Agreement, Common Units, Exchange Rights, +1 more

5 terms

Class V Common Stock financial

"Shares of Class V common stock, par value $0.0001 per share ("Class V Common Stock"), of OppFi Inc."

Corporate Simplification Agreement financial

"Pursuant to the Corporate Simplification Agreement, dated April 28, 2026 (the "Corporate Simplification Agreement"), each outstanding Class A common unit..."

Common Units financial

"each outstanding Class A common unit ("Common Unit") of Opportunity Financial, LLC ("Opportunity Financial")..."

Common units are the basic ownership stakes in a company, limited partnership, or trust that function like common stock: they give holders a claim on profits and often voting rights. Think of them as the ordinary seats at a table—the most directly affected by the business’s success or failure, so they typically offer higher upside but carry greater risk than preferred claims or creditors, which matters to investors evaluating potential return and safety.

Exchange Rights financial

"Pursuant to the LLC Agreement, each Common Unit could be exchanged by the holder... (the "Exchange Rights")."

LLC Agreement financial

"except as provided by the Third Amended and Restated Limited Liability Company Agreement of Opportunity Financial (the "LLC Agreement") or applicable law."

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did OppFi (OPFI) report for Christopher J. McKay?

OppFi reported a large equity grant to Chief Risk & Analytics Officer Christopher J. McKay of 1,350,000 Class A common shares. The award came at no cost and was paired with related disposals tied to a corporate simplification of OppFi’s ownership structure.

How many OppFi (OPFI) shares does Christopher J. McKay hold after this filing?

After the reported transactions, McKay holds 1,537,103 Class A shares directly. This total reflects the new 1,350,000-share grant and the cancellation of related Class V common stock and Common Units as part of OppFi’s corporate simplification steps.

What happened to the Class V Common Stock in this OppFi (OPFI) Form 4?

Entities associated with McKay disposed of 1,350,000 Class V shares to OppFi. These Class V shares represented voting, non-economic interests and were surrendered and canceled in connection with the Corporate Simplification Agreement described in the footnotes.

How were OppFi (OPFI) Common Units treated in this insider transaction?

1,350,000 Class A Common Units were disposed of by an entity associated with McKay. Under the Corporate Simplification Agreement, each Common Unit was canceled and converted into the right to receive one share of OppFi Class A common stock, aligning economic interests with common shares.

What is the Corporate Simplification Agreement mentioned in OppFi (OPFI)’s Form 4?

The Corporate Simplification Agreement restructured OppFi’s ownership by converting outstanding Common Units of Opportunity Financial into Class A common stock and canceling related Class V shares. This reduced multiple classes and instruments into standard Class A equity for participating holders.

Did Christopher J. McKay buy or sell OppFi (OPFI) shares on the market?

The filing shows grants and issuer-related dispositions, not open-market trades. McKay received 1,350,000 Class A shares as a grant, while associated entities surrendered Class V shares and Common Units to OppFi under the corporate simplification terms.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 04/30/2026 - 04:24 PM EDT Learn about SEC filing dates

SEC Form 4

FORM 4

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

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

McKay Christopher J.

(Last) (First) (Middle)

130 E. RANDOLPH STREET

SUITE 3400

(Street)

CHICAGO ILLINOIS 60601

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
OppFi Inc. [ OPFI ]

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

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Risk & Analytics Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/28/2026

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

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

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

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class V Common Stock(1)	04/28/2026		D(2)		1,350,000	D	$0(2)	0	I	By OppFi Shares, LLC(3)
Class A Common Stock	04/28/2026		A(2)		1,350,000	A	$0(2)	1,537,103	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Class A Common Units(4)	$0	04/28/2026		D(2)			1,350,000	(4)	(4)	Class A Common Stock	1,350,000	$0	0	I	By OppFi Management Holdings, LLC(5)

Explanation of Responses:

1. Shares of Class V common stock, par value $0.0001 per share ("Class V Common Stock"), of OppFi Inc. (the "Issuer") represented voting, non-economic interests in the Issuer. Except as provided in the Issuer's certificate of incorporation, as amended, or as required by applicable law, holders of Class V Common Stock were entitled to one vote per share of Class V Common Stock on all matters to be voted on by the Issuer's stockholders generally. The shares of Class V Common Stock would be cancelled by the Issuer if the reporting person exercised (or caused OppFi Management Holdings, LLC ("OFMH") to exercise) Exchange Rights (as defined below in footnote 4).

2. Pursuant to the Corporate Simplification Agreement, dated April 28, 2026 (the "Corporate Simplification Agreement"), each outstanding Class A common unit ("Common Unit") of Opportunity Financial, LLC ("Opportunity Financial") held by any members of Opportunity Financial, including OFMH, was canceled and converted automatically into the right to receive one validly issued, fully paid and non-assessable share of Class A common stock, par value $0.0001 per share, of the Issuer ("Class A Common Stock"). In connection therewith, pursuant to the Corporate Simplification Agreement, OppFi Shares, LLC ("OFS") surrendered to the Issuer the outstanding shares of Class V Common Stock it owned.

3. The shares of Class V Common Stock were held by OFS, which had sole voting power over the shares of Class V Common Stock reported in Table I hereof. The reporting person had the indirect right to cause OFS to dispose of the shares of Class V Common Stock reported in Table I hereof to the Issuer pursuant to the reporting person's (or OFMH's) Exchange Rights.

4. Common Units of Opportunity Financial generally represented economic, non-voting interests in Opportunity Financial. The Issuer is the sole manager of Opportunity Financial and controls Opportunity Financial, except as provided by the Third Amended and Restated Limited Liability Company Agreement of Opportunity Financial (the "LLC Agreement") or applicable law. Pursuant to the LLC Agreement, each Common Unit could be exchanged by the holder from time to time for either one share of Class A Common Stock or, at the election of the Issuer in its capacity as the sole manager of Opportunity Financial, the cash equivalent of the market value of one share of Class A Common Stock (the "Exchange Rights").

5. These Common Units were held by OFMH, of which the reporting person is a member. OFMH is a member of Opportunity Financial. Pursuant to the terms of the Amended and Restated Limited Liability Company Agreement of OFMH, the reporting person had the right to cause OFMH to exercise for the benefit of the reporting person OFMH's Exchange Rights with respect to the Common Units indirectly held by the reporting person.

	/s/ Marv Gurevich, Esq., as attorney-in-fact for Christopher J. McKay	04/30/2026
	** 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 4 (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.
* Form 4: SEC 1474 (03-26)