Oportun Financial Corp SEC Filings

Oportun Financial Corporation furnished an 8-K announcing financial results for the fiscal quarter ended September 30, 2025, via a press release attached as Exhibit 99.1.

The company noted that the information in this report, including Exhibit 99.1, is being furnished and not filed under the Exchange Act, which means it is not subject to Section 18 liability and is not incorporated by reference unless expressly stated.

Oportun Financial Corporation expanded its funding capacity. The company entered a new three-year personal loan warehouse facility with approximately $247 million of borrowing capacity. Borrowings accrue interest at no greater than Term SOFR plus a weighted average spread up to 2.58%, with a 95.0% advance rate that can step down to 92.0% if default, delinquency, or liquidity triggers occur. The agreement includes customary representations, covenants on leverage, tangible net worth, and minimum unrestricted cash, and standard events of default that could allow lenders to accelerate repayment.

Separately, Oportun issued approximately $441 million of two-year revolving fixed-rate asset-backed notes through Oportun Issuance Trust 2025-D. The five note classes were privately placed under Rule 144A, with a weighted average yield of 5.77% and a weighted average coupon of 5.69%.

Oportun Financial Corp (OPRT) filed an 8-K containing forward-looking statements about an amendment to a Program Agreement that the company expects will eliminate derivative accounting associated with that agreement. The filing says the amendment relates to the timing, structure and anticipated purchase price of future loan purchases under the Program Agreement and notes the company plans to use existing warehouse financing vehicles to fund such purchases. It emphasizes these are forward-looking statements subject to risks including the parties' ability to satisfy closing conditions, the performance of the loan portfolio and prevailing economic conditions.

Joseph Andrew Schueller, SVP-Controller, PAO & PFO of Oportun Financial Corp (OPRT), was granted 28,090 Restricted Stock Units (RSUs) on 09/10/2025. The report shows the reporting person beneficially owns 28,090 shares following the transaction, held in direct ownership. The RSUs vest over three years: one-third vests on the first anniversary of the grant date and the remaining two-thirds vest in quarterly installments thereafter, subject to continued service on each vesting date. Each RSU represents the right to receive one share of common stock at settlement. The Form 4 is signed on behalf of the reporting person by an attorney-in-fact on 09/11/2025.

Reporting person: Kathleen Layton, Chief Legal Officer of Oportun Financial Corp (OPRT). Transaction: On 09/10/2025 Ms. Layton had 4,214 shares of OPRT sold to cover tax withholding from the vesting of restricted stock units. The sales were automatic to satisfy tax obligations and were not discretionary trades by the reporting person. The weighted average sale price was $6.64, with individual trades ranging from $6.63 to $6.665 per share. After the transaction Ms. Layton beneficially owned 159,184 shares, held directly. The Form 4 was signed on 09/11/2025.

Oportun Financial Corporation (OPRT) filed a Form 144 reporting a proposed sale of 4,226 shares of common stock through Charles Schwab & Co., Inc. on 09/10/2025. The filing lists an aggregate market value of $28,067.00 and indicates 44,009,399 shares outstanding, placing the proposed sale at under 0.01% of outstanding shares.

The shares were recorded as acquired on 09/10/2025 via a Restricted Stock Lapse from Oportun Financial Corp and the consideration type is noted as Equity Compensation. The filer represents there are no undisclosed material adverse facts about the issuer.

Oportun Financial Corporation (OPRT) filed an amended Form 144 notifying a proposed sale of 3,417 common shares with an aggregate market value of $23,748.00. The shares are to be sold on 09/04/2025 on NASDAQ through Charles Schwab & Co., Inc. The securities were acquired on 06/28/2024 by a restricted stock lapse from Oportun Financial Corp and were received as equity compensation. The filer reports no securities sold by the same person during the past three months and affirms no undisclosed material adverse information.

Oportun Financial Corp (OPRT) filed a Form 144 reporting a proposed sale of 3,417 common shares by a person for whose account the securities are to be sold. The filing shows an aggregate market value of $23,748 based on the proposed sale and indicates 44,009,399 shares outstanding. The shares were acquired on 06/28/2024 through a restricted stock lapse as equity compensation from Oportun Financial Corp. The filing lists Charles Schwab & Co., Inc. as the broker and an approximate sale date of 09/04/2025. No securities were reported sold by this person in the past three months.

Oportun Financial Corporation amended its Current Report to disclose the appointment of Warren Wilcox to the board and to update board composition and non-employee director compensation. Mr. Wilcox will receive $50,000 annual cash for board service, $10,000 for Audit and Risk Committee service, and $7,500 for Compensation and Leadership Committee service, paid quarterly and prorated. He was granted a restricted stock unit award under the 2019 Equity Incentive Plan with an annual value of $125,000, prorated from appointment, vesting in four equal installments and fully vesting on July 18, 2026 subject to continued service.