OppFi CEO buys 3,500 shares between $7.04–$7.23
Rhea-AI Filing Summary
OppFi Inc. (OPFI) reported that Chief Executive Officer and director Todd G. Schwartz, a more-than-10% owner, purchased 3,500 shares of Class A common stock on August 28, 2026 at a weighted average price of $7.1479 per share, with trade prices ranging from $7.04 to $7.23. The shares were acquired indirectly through the TGS Revocable Trust, for which Schwartz is the sole trustee, bringing that trust’s holdings to 608,783 shares. Schwartz also reports 301,710 shares held directly and indirect interests in 24,656,083 shares held by TGS Capital Group, LP and 1,949,309 shares held by TGS MCS Capital Group LP, which he may be deemed to beneficially own as manager of their general partners, while disclaiming beneficial ownership except to the extent of his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 3,500 shares
Net Buy
4 txns
Insider
Schwartz Todd G.
Role
Chief Executive Officer
Bought
3,500 shs ($25K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A Common Stock F1, F2 | 3,500 | $7.1479 | $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 — 608,783 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 $7.04 to $7.23 for a weighted average purchase price of $7.1479. 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: 3,500 shares of Class A Common Stock
Weighted average purchase price: $7.1479 per share
Price range of purchases: $7.04 to $7.23 per share
+4 more
7 metrics
Shares purchased
3,500 shares of Class A Common Stock
Purchased on August 28, 2026 in an open market or private transaction
Weighted average purchase price
$7.1479 per share
Weighted average for purchases ranging from $7.04 to $7.23
Price range of purchases
$7.04 to $7.23 per share
Range of prices for the August 28, 2026 purchase transactions
Shares held by TGS Revocable Trust after transaction
608,783 shares
Indirectly owned, with Todd G. Schwartz as sole trustee
Direct holdings after transaction
301,710 shares
Class A common stock held directly by Todd G. Schwartz
Shares held by TGS Capital Group, LP
24,656,083 shares
Reported as indirectly owned; beneficial ownership disclaimed except for pecuniary interest
Shares held by TGS MCS Capital Group LP
1,949,309 shares
Reported as indirectly owned; beneficial ownership disclaimed except for pecuniary interest
Key Terms
weighted average price, beneficially own, pecuniary interest, more-than-10% owner
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"
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"
more-than-10% owner regulatory
"is_ten_percent_owner: 1"
FAQ
What did OPFI CEO Todd G. Schwartz do in this Form 4 filing?
He purchased 3,500 shares of OppFi Inc. Class A common stock on August 28, 2026 at a $7.1479 weighted average price per share, through the TGS Revocable Trust, increasing that trust’s reported holdings to 608,783 shares.
Was this OPFI insider transaction under a Rule 10b5-1 plan?
The filing’s Rule 10b5-1 checkbox is not checked, and the footnotes do not state that the August 28, 2026 purchase was made pursuant to a Rule 10b5-1 trading plan.
Is Todd G. Schwartz considered a more-than-10% owner of OPFI?
Yes. The reporting-person information identifies Todd G. Schwartz as a director, Chief Executive Officer, and more-than-10% owner of OppFi Inc.
AI-generated analysis. How Rhea-AI works. Not financial advice.
