OppFi (OPFI) director Gregory Zeeman receives 16,843 RSU equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Zeeman Gregory T reported acquisition or exercise transactions in this Form 4 filing.
OppFi Inc. director Gregory T. Zeeman received a grant of 16,843 restricted stock units (RSUs) linked to Class A Common Stock. The award was made at no cash cost to him as part of the OppFi Inc. 2021 Equity Incentive Plan.
Each RSU represents a contingent right to receive one share of Class A Common Stock, par value $0.0001 per share. All RSUs will vest 100% on the earlier of the one-year anniversary of the grant date or the next annual stockholder meeting, if he continues serving the company. Following this grant, Zeeman directly holds 166,487 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Zeeman Gregory T
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 16,843 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 166,487 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 16,843 units
Shares after transaction: 166,487 shares
Par value per share: $0.0001 per share
+1 more
4 metrics
RSUs granted
16,843 units
Restricted stock units awarded to director Zeeman
Shares after transaction
166,487 shares
Direct Class A Common Stock holdings following grant
Par value per share
$0.0001 per share
Class A Common Stock par value linked to RSUs
Vesting schedule
100% cliff vesting
Earlier of one-year from grant or next annual meeting
Key Terms
Restricted stock units ("RSUs"), 2021 Equity Incentive Plan, Class A Common Stock, vesting
4 terms
Restricted stock units ("RSUs") financial
"Restricted stock units ("RSUs") granted pursuant to the OppFi Inc. 2021 Equity Incentive Plan"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
2021 Equity Incentive Plan financial
"RSUs granted pursuant to the OppFi Inc. 2021 Equity Incentive Plan (the "Plan")"
Class A Common Stock financial
"Each RSU represents a contingent right to receive one share of OppFi Inc. Class A Common Stock"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
vesting financial
"100% of the RSUs will vest on the earlier of the one-year anniversary of the date of grant or the next annual meeting"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What did OppFi (OPFI) disclose in this Form 4 filing for Gregory T. Zeeman?
OppFi reported that director Gregory T. Zeeman received 16,843 restricted stock units as an equity award. The RSUs were granted under the 2021 Equity Incentive Plan and increase his direct holdings to 166,487 shares of Class A Common Stock.
What are the vesting terms of Gregory T. Zeeman’s OppFi (OPFI) RSU grant?
All 16,843 RSUs granted to Gregory T. Zeeman vest 100% on the earlier of the one-year anniversary of the grant date or OppFi’s next annual stockholder meeting. Vesting is conditioned on his continued service and the terms of the 2021 Equity Incentive Plan.
Is Gregory T. Zeeman’s OppFi (OPFI) RSU grant an open-market purchase or compensation award?
The 16,843 OppFi RSUs reported for Gregory T. Zeeman are a compensation-related equity award, not an open-market purchase. The Form 4 classifies the transaction as a grant or award acquisition with a transaction price of $0.0000 per share.