[Form 4] OppFi Inc. Insider Trading Activity

Rhea-AI Filing Summary

Form 4 for OppFi Inc. (OPFI) reports an insider transaction by Todd G. Schwartz, a director, CEO and 10% owner. The filing shows a disposition on 08/13/2025 of 44,716 shares of Class V common stock surrendered and cancelled for $0, leaving 58,698,241 shares of Class V common stock beneficially owned following the transaction. The Class V shares represent voting, non-economic interests with one vote per share. The filing states the reported Class V shares are held by OppFi Shares, LLC, wholly owned by TGS Revocable Trust, for which Mr. Schwartz is sole trustee; he disclaims beneficial ownership except to the extent of pecuniary interest.

Insights

Corporate Governance Expert

TL;DR: Director and CEO surrendered Class V votes while maintaining substantial indirect voting control through affiliated entities.

The Form 4 documents a voluntary cancellation of 44,716 Class V shares for no cash consideration in connection with an exchange mechanism described in the filing. The remaining 58.7 million Class V shares are held indirectly via OppFi Shares, LLC, owned by the reporter's trust, indicating continued indirect voting influence. The reporting person disclaims beneficial ownership except for pecuniary interest, which is a standard disclosure reflecting trust and LLC ownership layers. The filing does not state any change to economic interest or options; it solely addresses voting-class share surrender and ownership structure.

Securities Compliance Analyst

TL;DR: Transaction appears procedural under the company’s exchange provisions, with no cash proceeds reported and no new derivatives disclosed.

The entry code indicates a disposition tied to an exchange of Opportunity Financial units by other members, triggering surrender by the issuer; price reported as $0 confirms cancellation rather than a market sale. Table II lists no derivative transactions. The signature by an attorney-in-fact confirms proper execution. Materiality is limited: the filing documents ownership mechanics rather than a novel transfer to a third party or an open-market sale.

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

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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^*

Schwartz Todd G.

(Last) (First) (Middle)

ONE NORTH WACKER DRIVE, SUITE 3605

(Street)

CHICAGO IL 60606

(City) (State) (Zip)

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

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

X	Director	X	10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

3. Date of Earliest Transaction (Month/Day/Year)
08/13/2025

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

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

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

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)	08/13/2025		D(2)		44,716	D	$0(2)	58,698,241	I	By OppFi Shares, LLC(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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Shares of Class V common stock, par value $0.0001 per share ("Class V Common Stock"), of the issuer represent 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 will be entitled to one vote per share of Class V Common Stock on all matters to be voted on by the issuer's stockholders generally.

2. Reflects the surrender and cancellation of shares of Class V Common Stock to the issuer in connection with the exchange of Class A common units of Opportunity Financial, LLC ("Opportunity Financial") by members thereof, other than the reporting person, for shares of Class A common stock, par value $0.0001 per share, of the issuer pursuant to the exchange provisions of the Third Amended and Restated Limited Liability Company Agreement of Opportunity Financial.

3. The shares of Class V Common Stock are held by OppFi Shares, LLC ("OFS"), which has sole voting power over the shares of Class V Common Stock reported in Table I hereof. OFS is wholly owned by TGS Revocable Trust, whose sole trustee is the reporting person. By virtue of these relationships, the reporting person may be deemed to have voting power over the shares of Class V Common Stock held by OFS. The reporting person disclaims beneficial ownership of the shares of Class V Common Stock held by OFS, except to the extent of his pecuniary interest therein.

	/s/ Marv Gurevich, Esq., as attorney-in-fact for Todd G. Schwartz	08/15/2025
	** Signature of Reporting Person	Date
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