OppFi CEO buys 3,450 shares at about $7.33
OppFi CEO Todd G. Schwartz reported an open-market purchase of 3,450 Class A shares via a revocable trust, adding to substantial direct and indirect holdings.
Rhea-AI Filing Summary
OppFi Inc. (OPFI) director, chief executive officer and ten percent owner Todd G. Schwartz reported that TGS Revocable Trust, of which he is sole trustee, purchased 3,450 shares of Class A Common Stock on September 3, 2026 at a weighted average price of $7.3348 per share, with trade prices ranging from $7.30 to $7.37. Following this purchase, the trust held 622,883 shares indirectly. Separate holding rows show Schwartz with 301,710 shares held directly, and additional indirect positions of 24,656,083 shares through TGS Capital Group, LP and 1,949,309 shares through TGS MCS Capital Group LP, which he may be deemed to beneficially own but disclaims except to the extent of his pecuniary interest. No Rule 10b5-1 trading plan is indicated.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 3,450 shares
Net Buy
4 txns
Insider
Schwartz Todd G.
Role
Chief Executive Officer
Bought
3,450 shs ($25K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A Common Stock F1, F2 | 3,450 | $7.3348 | $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 — 622,883 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 $7.30 to $7.37 for a weighted average purchase price of $7.3348. 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: 3,450 shares
Weighted average purchase price: $7.3348 per share
Indirect holdings via TGS Revocable Trust: 622,883 shares
+3 more
6 metrics
Shares purchased
3,450 shares
Class A Common Stock bought on September 3, 2026 via TGS Revocable Trust
Weighted average purchase price
$7.3348 per share
Open-market or private transactions on September 3, 2026; prices $7.30–$7.37
Indirect holdings via TGS Revocable Trust
622,883 shares
Total Class A Common Stock held indirectly after the reported purchase
Direct holdings
301,710 shares
Class A Common Stock held directly by Todd G. Schwartz after the transaction date
Indirect holdings via TGS Capital Group, LP
24,656,083 shares
Shares held by TGS Capital Group, LP that Schwartz may be deemed to beneficially own, subject to pecuniary interest
Indirect holdings via TGS MCS Capital Group LP
1,949,309 shares
Shares held by TGS MCS Capital Group LP that Schwartz may be deemed to beneficially own, subject to pecuniary interest
Key Terms
weighted average purchase price, revocable trust, beneficially own, pecuniary interest
4 terms
weighted average purchase price financial
"The shares were purchased in multiple transactions...for a weighted average purchase price"
The weighted average purchase price is the average cost per share you paid across multiple buys, calculated so larger purchases count more than smaller ones. Imagine buying apples at different prices: the overall price you effectively paid depends on how many apples you bought at each price. Investors use it to measure true cost basis, calculate gains or losses, decide when to sell, and manage taxes and portfolio performance.
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.
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"
FAQ
What insider transaction did OPFI CEO Todd G. Schwartz report?
He reported that TGS Revocable Trust purchased 3,450 shares of OppFi Class A Common Stock on September 3, 2026 at a weighted average price of $7.3348 per share, with individual trade prices between $7.30 and $7.37.
What are Todd G. Schwartz’s direct holdings of OppFi (OPFI) after the Form 4?
The Form 4 shows a direct holding row of 301,710 shares of OppFi Class A Common Stock for Todd G. Schwartz as of September 3, 2026.
What additional indirect OppFi (OPFI) holdings are associated with Todd G. Schwartz?
Holding rows list 24,656,083 shares held by TGS Capital Group, LP and 1,949,309 shares held by TGS MCS Capital Group LP. Schwartz may be deemed to beneficially own these but disclaims ownership except to the extent of his pecuniary interest.
Was the OppFi (OPFI) insider purchase made under a Rule 10b5-1 trading plan?
No. The filing’s Rule 10b5-1 checkbox is not marked as an affirmative plan, and there is no footnote indicating that the 3,450-share purchase was made pursuant to a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
