OppFi CEO buys 3,550 shares at $7.0395 average price
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Form Type
4
Rhea-AI Filing Summary
OppFi Inc. insider Todd G. Schwartz, its Chief Executive Officer and ten percent owner, reported an open-market purchase of 3,550 shares of Class A Common Stock on 2026-08-18 at a weighted average price of $7.0395, with individual trade prices ranging from $6.97 to $7.1832. The shares were acquired indirectly through the TGS Revocable Trust, where he is sole trustee, bringing that trust’s holdings to 580,783 shares. Schwartz also reports 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, for which he may be deemed to beneficially own securities but disclaims beneficial ownership except to the extent of his pecuniary interest.
Insights
Analyzing...
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 | $7.0395 | $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 — 580,783 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 $6.97 to $7.1832 for a weighted average purchase price of $7.0395. 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
Weighted average purchase price: $7.0395 per share
Purchase price range: $6.97 to $7.1832 per share
+4 more
7 metrics
Shares purchased
3,550 shares
Class A Common Stock bought on 2026-08-18 in open-market transactions
Weighted average purchase price
$7.0395 per share
Average price for 3,550 OPFI shares bought on 2026-08-18
Purchase price range
$6.97 to $7.1832 per share
Range of individual trade prices within the 3,550-share purchase
Trust holdings after transaction
580,783 shares
OPFI Class A shares held indirectly by TGS Revocable Trust after purchase
Direct holdings
301,710 shares
OPFI Class A shares held directly by Todd G. Schwartz
TGS Capital Group, LP holdings
24,656,083 shares
OPFI Class A shares held indirectly through TGS Capital Group, LP (beneficial ownership disclaimed except pecuniary interest)
TGS MCS Capital Group LP holdings
1,949,309 shares
OPFI Class A shares held indirectly through TGS MCS Capital Group LP (beneficial ownership disclaimed except pecuniary interest)
Key Terms
weighted average price, beneficially own, pecuniary interest, revocable trust
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.
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"
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did OPFI CEO Todd G. Schwartz report on August 18, 2026?
Todd G. Schwartz reported buying 3,550 OPFI Class A shares on 2026-08-18 in an open-market purchase at a weighted average price of $7.0395 per share, with trade prices ranging from $6.97 to $7.1832.
What large indirect OPFI holdings are associated with TGS Capital Group, LP?
TGS Capital Group, LP is reported as holding 24,656,083 OPFI Class A shares indirectly associated with Todd G. Schwartz. He may be deemed to beneficially own these securities but disclaims beneficial ownership except to the extent of his pecuniary interest.
What OPFI holdings are reported for TGS MCS Capital Group LP?
TGS MCS Capital Group LP is reported as holding 1,949,309 OPFI Class A shares indirectly associated with Todd G. Schwartz. He may be deemed to beneficially own these securities but disclaims beneficial ownership except to the extent of his pecuniary interest.
How was the purchase price for Todd G. Schwartz’s OPFI trade on August 18, 2026 determined?
The Form 4 discloses a weighted average price of $7.0395 for the 3,550 OPFI shares purchased. The shares were bought in multiple transactions with individual prices between $6.97 and $7.1832, producing the reported weighted average.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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