OppFi (OPFI) CEO Todd Schwartz adds 60,000 shares in open-market buy
Rhea-AI Filing Summary
OppFi Inc. director, chief executive officer and more-than-10% holder Todd G. Schwartz reported an indirect open-market purchase of 60,000 shares of Class A common stock on August 12, 2026, at a weighted average price of $7.0498 per share, with individual trade prices ranging from $6.90 to $7.17. The shares were purchased through TGS Revocable Trust, for which Schwartz is the sole trustee, bringing that trust’s holdings to 493,733 shares. In addition, Schwartz reported 301,710 shares held directly, and indirect holdings 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 for which he disclaims beneficial ownership except to the extent of his pecuniary interest.
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Insights
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Insider Trade Summary
Net Buyer: 60,000 shares
Net Buy
4 txns
Insider
Schwartz Todd G.
Role
Chief Executive Officer
Bought
60,000 shs ($423K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A Common Stock F1, F2 | 60,000 | $7.0498 | $423K |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock F3 | -- | -- | -- |
| holding | Class A Common Stock F4 | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 493,733 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 $6.90 to $7.17 for a weighted average purchase price of $7.0498. 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: 60,000 shares
Weighted average purchase price: $7.0498 per share
Price range of purchases: $6.90–$7.17 per share
+4 more
7 metrics
Shares purchased
60,000 shares
Class A common stock bought on August 12, 2026
Weighted average purchase price
$7.0498 per share
Open-market purchases with prices from $6.90 to $7.17
Price range of purchases
$6.90–$7.17 per share
Individual trade prices underlying weighted average
TGS Revocable Trust holdings
493,733 shares
Indirectly owned Class A shares following the transaction
Direct holdings
301,710 shares
Class A common stock held directly by Todd G. Schwartz
TGS Capital Group, LP holdings
24,656,083 shares
Indirectly reported, with beneficial ownership disclaimed except for pecuniary interest
TGS MCS Capital Group LP holdings
1,949,309 shares
Indirectly reported, with beneficial ownership disclaimed except for pecuniary interest
Key Terms
weighted average price, revocable trust, beneficially own, pecuniary interest, +1 more
5 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.
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 therein"
indirect ownership financial
"total_shares_following_transaction 493733.0000, direct_or_indirect I"
FAQ
What insider transaction did OppFi (OPFI) report for Todd G. Schwartz?
Todd G. Schwartz reported an indirect purchase of 60,000 OppFi Class A shares on August 12, 2026. The shares were bought via TGS Revocable Trust, where he is sole trustee, at a weighted average price of $7.0498 per share.
Was the OppFi (OPFI) insider trade made under a Rule 10b5-1 trading plan?
The filing indicates the Rule 10b5-1 checkbox is not affirmed, so the reported 60,000-share purchase was not identified as executed pursuant to a Rule 10b5-1 trading plan based on the provided data.
AI-generated analysis. How Rhea-AI works. Not financial advice.
