OppFi (OPFI) CEO adds 3,450 shares in trust purchase
Rhea-AI Filing Summary
OppFi Inc. (OPFI) reported that Chief Executive Officer and director Todd G. Schwartz, a more-than-ten-percent owner, purchased 3,450 shares of Class A Common Stock on August 20, 2026 at a weighted average price of $7.1296 per share, in multiple trades between $7.0033 and $7.21, through the TGS Revocable Trust, where he is sole trustee. Following this purchase, that trust holds 587,733 indirectly owned shares. Separate holding entries show 301,710 shares held directly, and additional indirect positions of 24,656,083 shares by TGS Capital Group, LP and 1,949,309 shares by TGS MCS Capital Group LP, which Schwartz may be deemed to beneficially own but for which he disclaims beneficial ownership except to the extent of his pecuniary interest.
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 | $7.1296 | $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 — 587,733 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 $7.0033 to $7.21 for a weighted average purchase price of $7.1296. 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: $7.1296 per share
Purchase price range: $7.0033 to $7.21 per share
+4 more
7 metrics
Shares purchased
3,450 shares
Class A Common Stock bought on August 20, 2026
Weighted average purchase price
$7.1296 per share
Purchase price for 3,450 Class A shares
Purchase price range
$7.0033 to $7.21 per share
Range of prices for the multiple transactions included in the purchase
Indirect holdings by TGS Revocable Trust
587,733 shares
Total indirectly owned through TGS Revocable Trust after purchase
Direct holdings
301,710 shares
Class A Common Stock held directly by Todd G. Schwartz
Indirect holdings by TGS Capital Group, LP
24,656,083 shares
Class A Common Stock held by TGS Capital Group, LP
Indirect holdings by TGS MCS Capital Group LP
1,949,309 shares
Class A Common Stock held by TGS MCS Capital Group LP
Key Terms
weighted average price, beneficially own, pecuniary interest
3 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"
FAQ
What insider transaction did OPFI CEO Todd G. Schwartz report on August 20, 2026?
Todd G. Schwartz reported a purchase of 3,450 shares of OppFi Inc. Class A Common Stock on August 20, 2026, executed through the TGS Revocable Trust, where he serves as sole trustee.
Were the reported OPFI trades under a Rule 10b5-1 trading plan?
The document-level Rule 10b5-1 checkbox is not marked as affirmative, and the footnotes do not state that the August 20, 2026 purchase was made pursuant to a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
