Oportun Financial Corp (OPRT) awards 20,869 RSUs to board director
Rhea-AI Filing Summary
Tambor Richard N. reported acquisition or exercise transactions in this Form 4 filing.
Oportun Financial Corp director Richard N. Tambor received a grant of 20,869 restricted stock units (RSUs) on August 11, 2026. The RSUs vest in four equal installments on November 11, 2026, February 11, 2027, May 11, 2027, and the earlier of the date immediately preceding the 2027 annual stockholder meeting or August 11, 2027, subject to continued service. Following this award, Tambor directly holds 25,392 common shares and has indirect interests in 36,127 shares held by the Richard Tambor Revocable Living Trust and 36,127 shares held by The Dorsey Grant Revocable Living Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 20,869 shares
Net Buy
3 txns
Insider
Tambor Richard N.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1, F2 | 20,869 | -- | -- |
| holding | Common Stock F3 | -- | -- | -- |
| holding | Common Stock F4 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 25,392 shares (Direct);
Common Stock — 36,127 shares (Indirect, Richard Tambor Revocable Living Trust);
Common Stock — 36,127 shares (Indirect, The Dorsey Grant Revocable Living Trust)
Footnotes (4)
- F1. Represents an award of restricted stock units (RSUs) that will vest one-fourth on each of November 11, 2026, February 11, 2027, May 11, 2027, and upon the earlier of (i) the date immediately preceding the Issuer's 2027 annual stockholder meeting or (ii) August 11, 2027, subject to the Reporting Person's continued service through such date.
- F2. Each RSU represents the right to receive, at settlement, one share of common stock.
- F3. Represents shares held by the Richard Tambor Revocable Living Trust dated January 6, 2026, for which the Reporting Person is the trustee.
- F4. Represents shares held by The Dorsey Grant Revocable Living Trust dated January 6, 2026. The Reporting Person is not the trustee but may be deemed to beneficially own the shares held by the trust.
Key Figures
RSUs granted: 20,869 RSUs
Direct shares after grant: 25,392 shares
Shares in Richard Tambor Revocable Living Trust: 36,127 shares
+3 more
6 metrics
RSUs granted
20,869 RSUs
Restricted stock unit award to director Richard N. Tambor on August 11, 2026
Direct shares after grant
25,392 shares
Common stock directly owned by Richard N. Tambor following the RSU grant
Shares in Richard Tambor Revocable Living Trust
36,127 shares
Indirect holdings where Tambor serves as trustee
Shares in The Dorsey Grant Revocable Living Trust
36,127 shares
Indirect holdings that Tambor may be deemed to beneficially own
Initial vesting date
November 11, 2026
First one-fourth of RSU award vests, subject to continued service
Final vesting deadline
August 11, 2027
Latest possible date for final quarter of RSUs, tied to 2027 annual meeting
Key Terms
restricted stock units (RSUs), revocable living trust, beneficially own
3 terms
restricted stock units (RSUs) financial
"Represents an award of restricted stock units (RSUs) that will vest one-fourth"
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
revocable living trust financial
"Represents shares held by the Richard Tambor Revocable Living Trust dated"
beneficially own financial
"The Reporting Person is not the trustee but may be deemed to beneficially own"
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.
FAQ
What insider transaction did OPRT report for Richard N. Tambor?
Richard N. Tambor received a grant of 20,869 RSUs of Oportun Financial Corp common stock on August 11, 2026. These restricted stock units are part of his director compensation and settle into one share of common stock per unit at vesting.
How do the 20,869 RSUs granted to OPRT director Tambor vest?
The 20,869 RSUs vest one-fourth on November 11, 2026, February 11, 2027, May 11, 2027, and the earlier of the day before Oportun’s 2027 annual meeting or August 11, 2027. Vesting requires Tambor’s continued service through each applicable date.
What indirect OPRT holdings are reported for trusts associated with Tambor?
Two trusts each hold 36,127 Oportun shares. One is the Richard Tambor Revocable Living Trust, where he is trustee, and the other is The Dorsey Grant Revocable Living Trust, where he is not trustee but may be deemed to beneficially own the shares reported.
AI-generated analysis. How Rhea-AI works. Not financial advice.
