OppFi (OPFI) risk chief reports 3,734 shares withheld for RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
OppFi Inc.'s Chief Risk & Analytics Officer Christopher J. McKay reported routine share withholdings tied to equity compensation, not open-market trades. On July 1, 2026, a total of 3,734 shares of OppFi Class A Common Stock were disposed of at $9.93 per share to cover tax obligations when restricted stock units vested. These F‑code transactions are described as payment of tax liability by delivering securities, and McKay continues to hold more than 1.5 million shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
McKay Christopher J.
Role
Chief Risk & Analytics Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 1,969 | $9.93 | $20K |
| Tax Withholding | Class A Common Stock | 1,369 | $9.93 | $14K |
| Tax Withholding | Class A Common Stock | 396 | $9.93 | $4K |
Holdings After Transaction:
Class A Common Stock — 1,511,094 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Tax-withheld shares total: 3,734 shares
First F-code lot: 396 shares
Second F-code lot: 1,369 shares
+3 more
6 metrics
Tax-withheld shares total
3,734 shares
F-code tax-withholding dispositions on July 1, 2026
First F-code lot
396 shares
Class A Common Stock withheld for taxes
Second F-code lot
1,369 shares
Additional shares delivered for tax liability
Third F-code lot
1,969 shares
Remaining shares withheld for tax obligations
Reference price per share
$9.93 per share
Applied to each tax-withholding disposition
Direct holdings example
1,509,329 shares
Total shares following one reported transaction line
Key Terms
restricted stock units, tax-withholding disposition, Class A Common Stock, Form 4, +1 more
5 terms
restricted stock units financial
"upon the settlement of vested restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Class A Common Stock financial
""security_title": "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.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
beneficial ownership regulatory
"disclaims beneficial ownership"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
FAQ
What insider transaction did OppFi (OPFI) report for Christopher J. McKay?
OppFi reported that Christopher J. McKay had 3,734 Class A shares withheld on July 1, 2026. The shares were used to satisfy tax obligations arising from vested restricted stock units, not from an open-market sale.
Was the OppFi (OPFI) Form 4 for Christopher J. McKay a stock sale?
The Form 4 shows tax-withholding dispositions, not open-market stock sales. Shares were delivered to cover tax liabilities when restricted stock units settled, a common administrative step in equity compensation programs.
Does Christopher J. McKay still hold a significant position in OppFi (OPFI) after these transactions?
Yes. After the reported tax-withholding events, McKay continues to directly hold more than 1.5 million OppFi Class A shares. The dispositions are small compared with his overall stake and reflect tax settlement mechanics.
What do F-coded transactions mean on the OppFi (OPFI) Form 4?
F-coded transactions indicate shares used to pay exercise price or tax liability by delivering stock. In this filing, F code denotes shares withheld to cover tax obligations when restricted stock units vested for Christopher J. McKay.