STOCK TITAN

OppFi (NASDAQ: OPFI) director sells shares to cover tax bill

(Moderate)
(Negative)
Form Type
4

Rhea-AI Filing Summary

OppFi Inc. (OPFI) director David Vennettilli reported selling 28,485 shares of Class A Common Stock on August 19, 2026 at a weighted average price of $7.1605 per share. The shares were sold to satisfy tax liability related to restricted stock unit vesting and an April 28, 2026 corporate simplification. After the sale, he held 154,434 shares directly and 284,501 shares indirectly through the DAV 513 Revocable Trust, of which he is sole trustee and beneficiary.

Positive

  • None.

Negative

  • None.
Insider Vennettilli David
Role Director
Sold 28,485 shs ($204K)
Type Security Shares Price Value
Sale Class A Common Stock F1, F2 28,485 $7.1605 $204K
holding Class A Common Stock F3 -- -- --
Holdings After Transaction: Class A Common Stock — 154,434 shares (Direct); Class A Common Stock — 284,501 shares (Indirect, By DAV 513 Revocable Trust)
Footnotes (3)
  1. F1. Represents shares sold to satisfy tax liability upon the vesting of restricted stock units and the April 28, 2026 corporate simplification of the issuer.
  2. F2. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions with prices ranging from $7.125 to $7.20 for a weighted average sale price of $7.1605. 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 sold at each separate price within the range set forth in this footnote.
  3. F3. These securities are held by DAV 513 Revocable Trust ("DAV"), of which the reporting person is the sole trustee and sole beneficiary.
Shares sold 28,485 shares Class A Common Stock sold on August 19, 2026
Weighted average sale price $7.1605 per share Multiple transactions ranging from $7.125 to $7.20
Direct holdings after transaction 154,434 shares Class A Common Stock held directly by David Vennettilli
Indirect holdings after transaction 284,501 shares Class A Common Stock held through DAV 513 Revocable Trust
Net shares sold 28,485 shares Net-sell direction according to transaction summary
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.
restricted stock units financial
"shares sold to satisfy tax liability upon the vesting of restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Revocable Trust financial
"These securities are held by DAV 513 Revocable Trust ("DAV"),"
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.
tax liability financial
"shares sold to satisfy tax liability upon the vesting of restricted stock units"

FAQ

What insider transaction did OppFi Inc. (OPFI) disclose for David Vennettilli?

OppFi director David Vennettilli reported a sale of 28,485 Class A shares on August 19, 2026. The transaction is coded as a sale in open market or private transaction and was used to address tax obligations tied to equity compensation and a corporate simplification.

At what price were the OPFI shares sold by David Vennettilli?

The 28,485 OppFi shares were sold at a weighted average price of $7.1605 per share. Footnotes state the shares were sold in multiple transactions with prices ranging from $7.125 to $7.20.

How many OPFI shares does David Vennettilli hold after this transaction?

After the sale, David Vennettilli held 154,434 OppFi Class A shares directly and 284,501 shares indirectly through the DAV 513 Revocable Trust, as reported in the Form 4 filing.

Why did David Vennettilli sell 28,485 OPFI shares?

The filing states the 28,485 shares were sold to satisfy tax liability arising from the vesting of restricted stock units and from OppFi’s corporate simplification completed on April 28, 2026.

Were the reported OPFI share sales under a Rule 10b5-1 trading plan?

The document-level Rule 10b5-1 checkbox is not checked, and the footnotes do not reference a trading plan. The filing therefore does not characterize these sales as executed under a Rule 10b5-1 plan.

How many OPFI shares did David Vennettilli sell in total in this Form 4?

The Form 4 reports a single sale totaling 28,485 shares of OppFi Class A Common Stock, with net-sell shares of 28,485 and no reported purchases or derivative exercises in this filing.

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

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SEC Form 4
FORM 4UNITED 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*
Vennettilli David

(Last)(First)(Middle)
130 EAST 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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/19/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Class A Common Stock08/19/2026S28,485(1)D$7.1605(2)154,434D
Class A Common Stock284,501IBy DAV 513 Revocable Trust(3)
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents shares sold to satisfy tax liability upon the vesting of restricted stock units and the April 28, 2026 corporate simplification of the issuer.
2. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions with prices ranging from $7.125 to $7.20 for a weighted average sale price of $7.1605. 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 sold at each separate price within the range set forth in this footnote.
3. These securities are held by DAV 513 Revocable Trust ("DAV"), of which the reporting person is the sole trustee and sole beneficiary.
/s/ Marv Gurevich, Esq., as attorney-in-fact for David Vennettilli08/21/2026
** Signature of Reporting PersonDate
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)