OppFi (OPFI) CEO Todd Schwartz adds 60,000 shares at $7.13 weighted price
Rhea-AI Filing Summary
OppFi Inc. director and Chief Executive Officer Todd G. Schwartz, a greater-than-10% owner, reported purchasing 60,000 shares of Class A common stock on August 13, 2026 at a weighted average price of $7.128 per share through the TGS Revocable Trust. The trust’s indirect holdings increased to 553,733 shares, alongside directly held 301,710 shares and additional indirect holdings through TGS Capital Group, LP and 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.
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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 ($428K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A Common Stock F1, F2 | 60,000 | $7.128 | $428K |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock F3 | -- | -- | -- |
| holding | Class A Common Stock F4 | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 553,733 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 $7.0108 to $7.44 for a weighted average purchase price of $7.1280. 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: $7.128 per share
Price range of purchases: $7.0108–$7.44 per share
+4 more
7 metrics
Shares purchased
60,000 shares
Class A Common Stock bought on August 13, 2026 by TGS Revocable Trust
Weighted average purchase price
$7.128 per share
Purchases in multiple transactions between $7.0108 and $7.44
Price range of purchases
$7.0108–$7.44 per share
Range of individual trade prices for the 60,000-share purchase
Indirect trust holdings after transaction
553,733 shares
Class A Common Stock held indirectly by TGS Revocable Trust
Direct holdings
301,710 shares
Class A Common Stock held directly by Todd G. Schwartz
TGS Capital Group, LP holdings
24,656,083 shares
Indirect OppFi holdings; beneficial ownership disclaimed except pecuniary interest
TGS MCS Capital Group LP holdings
1,949,309 shares
Indirect OppFi holdings; beneficial ownership disclaimed except 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"
FAQ
What insider transaction did OppFi (OPFI) report for Todd G. Schwartz?
Todd G. Schwartz reported buying 60,000 shares of OppFi Class A common stock on August 13, 2026. The shares were acquired indirectly through the TGS Revocable Trust, which he serves as sole trustee, at a weighted average price of $7.128 per share.
AI-generated analysis. How Rhea-AI works. Not financial advice.
