STOCK TITAN

[8-K] Oportun Financial Corporation Reports Material Event

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
8-K
Rhea-AI Filing Summary

BWX Technologies, Inc. (NYSE: BWXT) filed a Form 144 indicating that an insider intends to sell up to 3,500 common shares through Charles Schwab & Co. on 06 Aug 2025. The proposed sale has an aggregate market value of roughly $624,922, based on the price at filing, and represents only about 0.004% of the 91.4 million shares outstanding—an immaterial slice of BWXT’s equity base.

The shares were acquired via the lapse of restricted and performance stock awards granted between February 2023 and February 2025. No other sales by the filer have occurred in the past three months, and the notice includes the customary representation that the filer possesses no undisclosed material information. Overall, this appears to be a routine liquidity transaction without obvious strategic implications for the company.

BWX Technologies, Inc. (NYSE: BWXT) ha depositato un Modulo 144 indicando che un insider intende vendere fino a 3.500 azioni ordinarie tramite Charles Schwab & Co. il 06 agosto 2025. La vendita proposta ha un valore di mercato aggregato di circa 624.922 dollari, basato sul prezzo al momento della presentazione, e rappresenta solo circa lo 0,004% delle 91,4 milioni di azioni in circolazione—una quota trascurabile della base azionaria di BWXT.

Le azioni sono state acquisite tramite la scadenza di premi azionari vincolati e basati sulle performance assegnati tra febbraio 2023 e febbraio 2025. Negli ultimi tre mesi non si sono verificati altri vendite da parte del dichiarante, e l’avviso include la consueta dichiarazione che il dichiarante non possiede informazioni materiali non divulgate. Nel complesso, sembra trattarsi di una normale operazione di liquidità senza implicazioni strategiche evidenti per l’azienda.

BWX Technologies, Inc. (NYSE: BWXT) presentó un Formulario 144 indicando que un insider tiene la intención de vender hasta 3.500 acciones ordinarias a través de Charles Schwab & Co. el 06 de agosto de 2025. La venta propuesta tiene un valor de mercado agregado de aproximadamente 624.922 dólares, basado en el precio al momento de la presentación, y representa solo alrededor del 0,004% de las 91,4 millones de acciones en circulación—una porción insignificante de la base accionaria de BWXT.

Las acciones fueron adquiridas mediante el vencimiento de premios de acciones restringidas y por desempeño otorgados entre febrero de 2023 y febrero de 2025. No se han producido otras ventas por parte del declarante en los últimos tres meses, y el aviso incluye la representación habitual de que el declarante no posee información material no divulgada. En general, parece ser una operación rutinaria de liquidez sin implicaciones estratégicas evidentes para la empresa.

BWX Technologies, Inc. (NYSE: BWXT)는 내부자가 2025년 8월 6일 Charles Schwab & Co.를 통해 최대 3,500 보통주를 판매할 의사를 나타내는 Form 144를 제출했습니다. 제출 시 가격을 기준으로 한 이번 판매 제안의 총 시장 가치가 약 624,922달러이며, 이는 발행 주식 9,140만 주의 약 0.004%에 해당하는 BWXT 지분의 매우 작은 부분입니다.

이 주식들은 2023년 2월부터 2025년 2월 사이에 부여된 제한 및 성과 주식 보상의 만료를 통해 취득되었습니다. 제출자는 최근 3개월 내에 다른 매도를 하지 않았으며, 제출서에는 제출자가 공개되지 않은 중요 정보를 보유하지 않았다는 통상적인 진술이 포함되어 있습니다. 전반적으로, 이는 회사에 명확한 전략적 영향 없이 일상적인 유동성 거래로 보입니다.

BWX Technologies, Inc. (NYSE : BWXT) a déposé un Formulaire 144 indiquant qu'un initié a l'intention de vendre jusqu'à 3 500 actions ordinaires via Charles Schwab & Co. le 6 août 2025. La vente proposée a une valeur marchande globale d'environ 624 922 dollars, basée sur le prix au moment du dépôt, et représente seulement environ 0,004 % des 91,4 millions d’actions en circulation — une part négligeable de la base d’actions de BWXT.

Les actions ont été acquises par l’expiration d’attributions d’actions restreintes et de performance accordées entre février 2023 et février 2025. Aucun autre vente par le déclarant n’a eu lieu au cours des trois derniers mois, et l’avis inclut la représentation habituelle selon laquelle le déclarant ne possède aucune information matérielle non divulguée. Dans l’ensemble, il semble s’agir d’une opération de liquidité de routine sans implications stratégiques évidentes pour l’entreprise.

BWX Technologies, Inc. (NYSE: BWXT) hat ein Formular 144 eingereicht, in dem ein Insider beabsichtigt, bis zu 3.500 Stammaktien über Charles Schwab & Co. am 06. August 2025 zu verkaufen. Der vorgeschlagene Verkauf hat einen gesamtmarktwert von etwa 624.922 US-Dollar, basierend auf dem Kurs zum Zeitpunkt der Einreichung, und stellt nur etwa 0,004% der 91,4 Millionen ausstehenden Aktien dar – ein unbedeutender Anteil an der Aktienbasis von BWXT.

Die Aktien wurden durch das Ablaufen von beschränkten und leistungsabhängigen Aktienzuteilungen erworben, die zwischen Februar 2023 und Februar 2025 gewährt wurden. In den letzten drei Monaten hat der Einreicher keine weiteren Verkäufe getätigt, und die Mitteilung enthält die übliche Erklärung, dass der Einreicher keine nicht offengelegten wesentlichen Informationen besitzt. Insgesamt scheint es sich um eine routinemäßige Liquiditätstransaktion ohne offensichtliche strategische Auswirkungen für das Unternehmen zu handeln.

Positive
  • None.
Negative
  • None.

Insights

TL;DR – Small insider sale; negligible ownership impact, neutral signal.

The 3,500-share sale (~$625 k) equals only 0.004 % of BWXT’s float, well below thresholds that typically influence supply–demand dynamics or indicate insider sentiment shifts. Shares stem from normal vesting of equity compensation, suggesting personal liquidity rather than a change in outlook. No clustering of recent sales or large volume patterns is evident. From a valuation or governance perspective, the filing is not materially impactful.

TL;DR – Routine Form 144 filing, complies with disclosure rules, low governance concern.

The filer discloses all required details—broker, acquisition history, absence of undisclosed adverse information—meeting Rule 144 standards. Lack of sales in the prior three months supports the view that aggregation limits are respected. Because the transaction size is de minimis versus the float and derives from equity-based compensation, it raises no red flags about control changes or information asymmetry.

BWX Technologies, Inc. (NYSE: BWXT) ha depositato un Modulo 144 indicando che un insider intende vendere fino a 3.500 azioni ordinarie tramite Charles Schwab & Co. il 06 agosto 2025. La vendita proposta ha un valore di mercato aggregato di circa 624.922 dollari, basato sul prezzo al momento della presentazione, e rappresenta solo circa lo 0,004% delle 91,4 milioni di azioni in circolazione—una quota trascurabile della base azionaria di BWXT.

Le azioni sono state acquisite tramite la scadenza di premi azionari vincolati e basati sulle performance assegnati tra febbraio 2023 e febbraio 2025. Negli ultimi tre mesi non si sono verificati altri vendite da parte del dichiarante, e l’avviso include la consueta dichiarazione che il dichiarante non possiede informazioni materiali non divulgate. Nel complesso, sembra trattarsi di una normale operazione di liquidità senza implicazioni strategiche evidenti per l’azienda.

BWX Technologies, Inc. (NYSE: BWXT) presentó un Formulario 144 indicando que un insider tiene la intención de vender hasta 3.500 acciones ordinarias a través de Charles Schwab & Co. el 06 de agosto de 2025. La venta propuesta tiene un valor de mercado agregado de aproximadamente 624.922 dólares, basado en el precio al momento de la presentación, y representa solo alrededor del 0,004% de las 91,4 millones de acciones en circulación—una porción insignificante de la base accionaria de BWXT.

Las acciones fueron adquiridas mediante el vencimiento de premios de acciones restringidas y por desempeño otorgados entre febrero de 2023 y febrero de 2025. No se han producido otras ventas por parte del declarante en los últimos tres meses, y el aviso incluye la representación habitual de que el declarante no posee información material no divulgada. En general, parece ser una operación rutinaria de liquidez sin implicaciones estratégicas evidentes para la empresa.

BWX Technologies, Inc. (NYSE: BWXT)는 내부자가 2025년 8월 6일 Charles Schwab & Co.를 통해 최대 3,500 보통주를 판매할 의사를 나타내는 Form 144를 제출했습니다. 제출 시 가격을 기준으로 한 이번 판매 제안의 총 시장 가치가 약 624,922달러이며, 이는 발행 주식 9,140만 주의 약 0.004%에 해당하는 BWXT 지분의 매우 작은 부분입니다.

이 주식들은 2023년 2월부터 2025년 2월 사이에 부여된 제한 및 성과 주식 보상의 만료를 통해 취득되었습니다. 제출자는 최근 3개월 내에 다른 매도를 하지 않았으며, 제출서에는 제출자가 공개되지 않은 중요 정보를 보유하지 않았다는 통상적인 진술이 포함되어 있습니다. 전반적으로, 이는 회사에 명확한 전략적 영향 없이 일상적인 유동성 거래로 보입니다.

BWX Technologies, Inc. (NYSE : BWXT) a déposé un Formulaire 144 indiquant qu'un initié a l'intention de vendre jusqu'à 3 500 actions ordinaires via Charles Schwab & Co. le 6 août 2025. La vente proposée a une valeur marchande globale d'environ 624 922 dollars, basée sur le prix au moment du dépôt, et représente seulement environ 0,004 % des 91,4 millions d’actions en circulation — une part négligeable de la base d’actions de BWXT.

Les actions ont été acquises par l’expiration d’attributions d’actions restreintes et de performance accordées entre février 2023 et février 2025. Aucun autre vente par le déclarant n’a eu lieu au cours des trois derniers mois, et l’avis inclut la représentation habituelle selon laquelle le déclarant ne possède aucune information matérielle non divulguée. Dans l’ensemble, il semble s’agir d’une opération de liquidité de routine sans implications stratégiques évidentes pour l’entreprise.

BWX Technologies, Inc. (NYSE: BWXT) hat ein Formular 144 eingereicht, in dem ein Insider beabsichtigt, bis zu 3.500 Stammaktien über Charles Schwab & Co. am 06. August 2025 zu verkaufen. Der vorgeschlagene Verkauf hat einen gesamtmarktwert von etwa 624.922 US-Dollar, basierend auf dem Kurs zum Zeitpunkt der Einreichung, und stellt nur etwa 0,004% der 91,4 Millionen ausstehenden Aktien dar – ein unbedeutender Anteil an der Aktienbasis von BWXT.

Die Aktien wurden durch das Ablaufen von beschränkten und leistungsabhängigen Aktienzuteilungen erworben, die zwischen Februar 2023 und Februar 2025 gewährt wurden. In den letzten drei Monaten hat der Einreicher keine weiteren Verkäufe getätigt, und die Mitteilung enthält die übliche Erklärung, dass der Einreicher keine nicht offengelegten wesentlichen Informationen besitzt. Insgesamt scheint es sich um eine routinemäßige Liquiditätstransaktion ohne offensichtliche strategische Auswirkungen für das Unternehmen zu handeln.

000153871600015387162025-08-052025-08-05

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

August 5, 2025
Date of Report (date of earliest event reported)

OPORTUN FINANCIAL CORPORATION
(Exact Name of Registrant as Specified in its Charter)
Commission File Number 001-39050
Delaware45-3361983
State or Other Jurisdiction of
Incorporation or Organization
I.R.S. Employer Identification No.
2 Circle Star Way
San Carlos,CA94070
Address of Principal Executive OfficesZip Code
(650) 810-8823
Registrant’s Telephone Number, Including Area Code

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading Symbol(s)Name of each exchange on which registered
Common Stock, $0.0001 par value per shareOPRT
Nasdaq Global Select Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.











Item 1.01. Entry into a Material Definitive Agreement

On August 5, 2025, Oportun Financial Corporation (the “Company”) through its subsidiary, Oportun, Inc., (“Oportun”) entered into an Amended and Restated Program Agreement (the “Agreement”) with Pathward, National Association (“Pathward”), to be effective as of August 11, 2025 (the “Effective Date”). The Agreement amends and restates the original program agreement between Oportun and Pathward dated August 11, 2020, as amended, restated or otherwise modified from time to time.

Under the Agreement, Pathward will continue to originate unsecured and secured personal loans nationwide under programs developed and administered by Oportun. Oportun is responsible for marketing, underwriting, fraud prevention, servicing, and administering the loans on behalf of Pathward, subject to Pathward’s oversight and control, and in compliance with applicable law.

The Agreement includes a maximum loan origination capacity and certain retention terms, as well as a post-closing provision requiring the parties to negotiate in good faith to determine whether Pathward will continue retaining loans and to agree on the handling, transition, or disposition of the existing retained loan portfolio. If the parties do not reach agreement within six months following the Effective Date, Pathward will cease retaining new loans under the program as of that date.

Additional features of the Agreement include right-of-first-offer provisions and defined purchase pricing terms that reduce certain fees and costs for Oportun. The Agreement also reflects updated compliance, oversight, and reporting obligations designed to align with evolving supervisory expectations for bank-partner programs.

The Agreement has an initial term of four years and renews automatically for successive two-year periods unless either party provides timely notice of non-renewal.

The foregoing description of the Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the Agreement, a copy of which will be filed as an exhibit to the Company's Quarterly Report on Form 10-Q for the quarter ending September 30, 2025.

Item 2.02. Results of Operations and Financial Condition

On August 6, 2025, the Company issued a press release regarding the Company’s financial results for its fiscal quarter ended June 30, 2025. A copy of the Company’s press release is furnished as Exhibit 99.1 to this report.

The information in this report, including Exhibit 99.1 attached hereto, is being furnished and shall not be treated as “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), nor shall it be deemed incorporated by reference into any registration statement or other document pursuant to the Securities Act of 1933, as amended (the “Securities Act”), or the Exchange Act regardless of any general incorporation language in such filing, except as expressly stated by specific reference in such filing.

Item 9.01. Financial Statements and Exhibits

(d) Exhibits
Exhibit Number
99.1
Press Release dated August 6, 2025
104Cover Page Interactive Data File embedded within the Inline XBRL document




SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
OPORTUN FINANCIAL CORPORATION
(Registrant)
Date:August 6, 2025By:/s/ Kathleen Layton
Kathleen Layton
Chief Legal Officer and Corporate Secretary


FAQ

How many BWXT shares are being proposed for sale?

The Form 144 covers 3,500 common shares.

What is the estimated market value of the planned BWXT stock sale?

The aggregate market value stated is approximately $624,922.

When is the insider planning to sell the BWXT shares?

The approximate sale date disclosed is 08 August 2025.

What portion of BWX Technologies’ total shares does 3,500 shares represent?

It equals about 0.004% of the 91,398,740 shares outstanding.

How were the shares to be sold originally acquired?

All shares came from restricted or performance stock vesting between February 2023 and February 2025.

Have there been any other insider sales in the last three months?

The filing indicates “Nothing to Report” for sales in the past three months.

Which broker will handle the BWXT insider’s sale?

Charles Schwab & Co., Inc. is listed as the executing broker.
Oportun Financial Corp

NASDAQ:OPRT

OPRT Rankings

OPRT Latest News

OPRT Latest SEC Filings

OPRT Stock Data

277.70M
40.50M
6.81%
73.58%
4.28%
Credit Services
Finance Services
Link
United States
SAN CARLOS