Welcome to our dedicated page for Oportun Financial SEC filings (Ticker: OPRT), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Oportun Financial Corporation filings document the formal disclosures of a Nasdaq-listed consumer financial services company. Recent Form 8-K reports cover operating results and financial condition, including quarterly and annual earnings releases, revenue, profitability metrics, portfolio yield, originations, charge-offs, interest expense, liquidity, and guidance-related disclosures.
The filing record also documents Oportun's debt capital structure and financing arrangements, including asset-backed notes secured by unsecured and secured personal installment loans and warehouse financing facilities. Governance and corporate records include executive officer transitions, board appointments, compensatory matters, and the company's registered common stock on the Nasdaq Global Select Market.
Oportun Financial Corporation has a significant shareholder group led by Forager Fund, L.P. and its general partner, Forager Capital Management, LLC, together with Edward Kissel and Robert MacArthur. These reporting persons collectively report beneficial ownership of 4,512,045 shares of Oportun’s common stock.
This position represents 9.8% of the 45,902,567 shares of common stock outstanding as of June 16, 2026, based on the company’s definitive proxy statement. The Fund and its general partner hold sole voting and dispositive power over the 4,512,045 shares, while Messrs. Kissel and MacArthur share voting and dispositive power over the same shares, reflecting their roles in managing the investment rather than direct individual ownership.
Amendment No. 1 to a Schedule 13G regarding Oportun Financial Corporation reports that Integrated Core Strategies (US) LLC beneficially owns 930,544 shares of common stock, representing 2.0% of the class, with shared voting and dispositive power over these shares and no sole power.
Millennium Management LLC, Millennium Group Management LLC and Israel A. Englander each report beneficial ownership of 945,987 shares of Oportun common stock, or 2.1% of the class, all with shared voting and dispositive power and no sole power. Each reporting person characterizes its position as ownership of 5 percent or less of the outstanding common stock.
Oportun Financial Corporation entered into a new Program Management Agreement with Column National Association effective June 30, 2026, creating a new lending program. Column will originate certain unsecured personal loans for consumers in select states, while Oportun provides the technology platform, marketing, application processing, fraud-prevention, servicing and administration services under Column’s oversight.
The agreement allows Oportun to purchase loans originated by Column, except those Column retains, and includes exclusivity provisions for specified loan products and some future financial products, subject to existing bank partner rights and other exceptions. It runs for an initial term of four years and then automatically renews each year unless either party gives timely notice of non-renewal.
Oportun Financial Corporation is asking stockholders to vote at its virtual 2026 annual meeting while highlighting recent balance sheet improvements and governance changes. The August 11, 2026 meeting will be held online, with a June 16, 2026 record date and 45,902,567 common shares entitled to vote.
Stockholders are being asked to elect Class I director nominee Mohit Daswani for a one-year term, ratify Deloitte & Touche LLP as auditor for 2026, approve an advisory “Say‑on‑Pay” vote on executive compensation, and choose how often future Say‑on‑Pay votes should occur, with the Board recommending “one year.”
The proxy describes 2025 actions including reducing higher‑cost corporate debt by 30% (or $70 million), increasing unrestricted cash 76% to $106 million, and achieving six consecutive quarters of GAAP profitability. It also outlines a largely independent Board, declassification to annual elections by 2028, performance‑based executive pay with PSUs, clawback policies, and prohibitions on hedging and short sales of company stock.
Oportun Financial Corp director Richard N. Tambor reported four bona fide gifts of Oportun common stock totaling 144,508 shares on June 15, 2026. The transactions are coded as gifts, with no sale proceeds, and reflect transfers classified as dispositions in the filing.
Some shares were moved to trusts, including the Richard Tambor Revocable Living Trust dated January 6, 2026, for which he serves as trustee, and The Dorsey Grant Revocable Living Trust dated January 6, 2026, where he is not trustee but may be deemed to beneficially own the shares. The filing shows that Tambor continues to hold Oportun shares directly and indirectly after these transfers.
Oportun Financial Corporation entered into a letter agreement with Bradley L. Radoff and The Radoff Family Foundation. Two current Class I directors will retire from the board no later than the conclusion of the company’s 2026 annual meeting of stockholders.
The Radoff Parties agreed to standstill restrictions, including not acquiring more than 4.9 percent of the company’s outstanding voting securities, limits on proxy solicitations, and restrictions on certain extraordinary transactions, subject to exceptions. During the Restricted Period, they will generally vote their shares in line with the board’s recommendations, with limited exceptions tied to proxy advisory firm views and extraordinary transaction proposals.
Both sides agreed to mutual non-disparagement and not to sue each other during the Restricted Period, subject to exceptions. Oportun will reimburse the Radoff Parties for reasonable, documented out-of-pocket legal and other expenses. The agreement remains in effect until a date tied to the 2028 director nomination deadline.
Oportun Financial Corp officer Sean A. Rowles, the company’s Chief Risk Officer, has filed an initial Form 3 with the SEC. This filing establishes his status as a reporting insider of Oportun but does not report any share transactions or derivative holdings.
Oportun Financial Corporation announced a leadership transition in its risk and credit functions. Long-time Chief Credit Officer Patrick Kirscht will depart effective June 15, 2026, after 18 years with the company, and will serve as a non-employee advisor through September 15, 2026 at a fee of $45,000 per month.
Under a transition agreement, Mr. Kirscht will receive $525,300 in cash severance, payable over 12 months, a prorated 2026 bonus based on a $155,287 target, and a $535,500 cash retention award. All 95,603 RSUs granted in December 2025 will vest, along with 17,907 additional time-based RSUs, while 61,043 PSUs from 2024 and 18,855 Economic ROA Eligible Units from 2025 remain eligible to vest subject to performance and other terms.
The board appointed Sean Rowles as Chief Risk Officer effective June 17, 2026. His offer includes a $550,000 annual base salary, a target bonus equal to 75% of base salary, a $500,000 cash signing bonus vesting in two equal installments, and a new-hire equity award of 382,653 RSUs and 127,551 PSUs subject to time- and performance-based vesting.
Bland Douglas K reported acquisition or exercise transactions in this Form 4 filing.
Oportun Financial Corp reported that Chief Executive Officer Douglas K. Bland received equity-based compensation awards. He was granted 463,822 Restricted Stock Units (RSUs), which vest over three years, with 33% vesting on the first anniversary of the grant and the remainder in eight quarterly installments, subject to continued service.
He was also granted 463,822 Performance Stock Units (PSUs)March 10, 2029 if both performance and service conditions are met.