OppFi CEO buys 5,240 shares around $7.90
OppFi Inc. (OPFI) reported that Chief Executive Officer and director Todd G. Schwartz, a more than ten percent owner, indirectly purchased 5,240 shares of Class A Common Stock in open-market transactions through the TGS Revocable Trust.
Rhea-AI Filing Summary
OppFi Inc. (OPFI) reported that Chief Executive Officer and director Todd G. Schwartz, a more than ten percent owner, indirectly purchased 5,240 shares of Class A Common Stock in open-market transactions through the TGS Revocable Trust. On September 11, 2026, the trust purchased 3,300 shares at a weighted average price of $7.9639 per share, with individual trade prices ranging from $7.86 to $8.06. On September 14, 2026, it purchased an additional 1,940 shares at a weighted average price of $7.7962, with prices ranging from $7.7251 to $7.95. Schwartz is the sole trustee of the TGS Revocable Trust and also reports 301,710 shares held directly, and indirect holdings of 24,656,083 shares by TGS Capital Group, LP and 1,949,309 shares by TGS MCS Capital Group LP, while disclaiming beneficial ownership of the LP-held securities except to the extent of his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 5,240 shares
Net Buy
5 txns
Insider
Schwartz Todd G.
Role
Chief Executive Officer
Bought
5,240 shs ($41K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A Common Stock F3, F2 | 1,940 | $7.7962 | $15K |
| Purchase | Class A Common Stock F1, F2 | 3,300 | $7.9639 | $26K |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock F4 | -- | -- | -- |
| holding | Class A Common Stock F5 | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 641,898 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 (5)
- F1. The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions with prices ranging from $7.86 to $8.06 for a weighted average purchase price of $7.9639. 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 price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions with prices ranging from $7.7251 to $7.95 for a weighted average purchase price of $7.7962. 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.
- F4. 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.
- F5. 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
Total shares purchased: 5,240 shares
Purchase on September 11, 2026: 3,300 shares at $7.9639
Purchase on September 14, 2026: 1,940 shares at $7.7962
+3 more
6 metrics
Total shares purchased
5,240 shares
Indirect open-market purchases by TGS Revocable Trust reported for September 11 and 14, 2026
Purchase on September 11, 2026
3,300 shares at $7.9639
Weighted average price; trades ranged from $7.86 to $8.06
Purchase on September 14, 2026
1,940 shares at $7.7962
Weighted average price; trades ranged from $7.7251 to $7.95
Direct holdings
301,710 shares
Class A Common Stock held directly by Todd G. Schwartz as of September 11, 2026
Indirect holdings via TGS Capital Group, LP
24,656,083 shares
Class A Common Stock held indirectly; beneficial ownership disclaimed except for pecuniary interest
Indirect holdings via TGS MCS Capital Group LP
1,949,309 shares
Class A Common Stock held indirectly; beneficial ownership disclaimed except for pecuniary interest
Key Terms
weighted average price, revocable trust, beneficially own, pecuniary interest
4 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."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did OPFI CEO Todd G. Schwartz report in this Form 4?
Todd G. Schwartz reported two open-market purchases of OppFi Inc. Class A Common Stock, totaling 5,240 shares acquired indirectly through the TGS Revocable Trust on September 11 and 14, 2026.
Are the reported OPFI insider purchases under a Rule 10b5-1 trading plan?
No. The filing’s Rule 10b5-1 checkbox is not marked as affirming a trading plan, and the footnotes do not state that the reported purchases were made pursuant to a Rule 10b5-1 or other pre-arranged trading plan.
What are Todd G. Schwartz’s direct holdings of OPFI Class A Common Stock after these transactions?
The Form 4 reports 301,710 OPFI Class A Common Stock shares held directly by Todd G. Schwartz as of September 11, 2026, separate from his indirect holdings through various entities.
What is Todd G. Schwartz’s relationship to the TGS Revocable Trust mentioned in the OPFI filing?
A footnote states that Todd G. Schwartz is the sole trustee of the TGS Revocable Trust, through which the 5,240 OPFI shares reported in the Form 4 were purchased.
AI-generated analysis. How Rhea-AI works. Not financial advice.
