OppFi (OPFI) CEO adds 3,500 shares in fresh stock purchase
Rhea-AI Filing Summary
OppFi Inc. (OPFI) reported an insider open-market purchase by Chief Executive Officer and director Todd G. Schwartz on August 19, 2026. An entity associated with him, the TGS Revocable Trust, purchased 3,500 shares of OppFi Class A Common Stock at a weighted average price of $7.1581 per share, with individual trade prices ranging from $7.0827 to $7.2345. Following this transaction, the trust held 584,283 shares indirectly attributed to Schwartz, for which he serves as sole trustee.
On the same date, Schwartz was also reported as holding 301,710 shares directly. In addition, entities for which he is the manager of the general partner held 24,656,083 shares through TGS Capital Group, LP and 1,949,309 shares through TGS MCS Capital Group LP, all reported as indirect ownership. Schwartz may be deemed to beneficially own the securities held by these partnerships but expressly disclaims beneficial ownership except to the extent of his pecuniary interest in them.
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 | $7.1581 | $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 — 584,283 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 $7.0827 to $7.2345 for a weighted average purchase price of $7.1581. 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
Weighted average purchase price: $7.1581 per share
Indirect holdings via TGS Revocable Trust: 584,283 shares
+4 more
7 metrics
Shares purchased
3,500 shares
Class A Common Stock bought indirectly on August 19, 2026
Weighted average purchase price
$7.1581 per share
Open-market purchase range $7.0827–$7.2345
Indirect holdings via TGS Revocable Trust
584,283 shares
Total Class A shares held indirectly after purchase
Direct holdings
301,710 shares
Class A shares held directly by Todd G. Schwartz
Indirect holdings via TGS Capital Group, LP
24,656,083 shares
Reported as indirectly owned; beneficial ownership disclaimed except for pecuniary interest
Indirect holdings via TGS MCS Capital Group LP
1,949,309 shares
Reported as indirectly owned; beneficial ownership disclaimed except for pecuniary interest
Net buy shares in this filing
3,500 shares
Net of reported buy and sell transactions
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"
indirect ownership financial
"total_shares_following_transaction 24656083.0000 ... ownership_code I"
FAQ
What insider transaction did OPFI report for Todd G. Schwartz on August 19, 2026?
Todd G. Schwartz, OppFi’s Chief Executive Officer, reported an indirect purchase of 3,500 Class A shares on August 19, 2026. The shares were bought by the TGS Revocable Trust, an entity for which he is the sole trustee, in open-market transactions.
What are Todd G. Schwartz’s indirect OPFI holdings through TGS Revocable Trust?
Through the TGS Revocable Trust, for which he is the sole trustee, Todd G. Schwartz held 584,283 OppFi (OPFI) shares indirectly following the August 19, 2026 purchase of 3,500 shares.
Was the OPFI insider trade executed under a Rule 10b5-1 trading plan?
The filing indicates the Rule 10b5-1 trading plan checkbox as not selected, and the footnotes do not describe the transaction as made under such a plan. The purchase is therefore not described as being pursuant to a pre-arranged 10b5-1 plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
