Patrick Kirscht - 02 Apr 2025 Form 4 Insider Report for Oportun Financial Corp (OPRT)

Role: Chief Credit Officer
Signature: /s/Kathleen Layton (Attorney-in-Fact)
Issuer symbol: OPRT
Transactions as of: 02 Apr 2025
Net transactions value: $0
Form type: 4
Filing time: 04 Apr 2025, 16:59:21 UTC
Previous filing: 12 Mar 2025
Next filing: 05 Jan 2026
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	OPRT	Common Stock	Award		+110,295	+38%		398,314	02 Apr 2025	Direct	F1, F2
holding	OPRT	Common Stock						2,900	02 Apr 2025	By Child 1	F3
holding	OPRT	Common Stock						2,900	02 Apr 2025	By Child 2	F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	OPRT	Performance Stock Units	Award	$0	+73,530		$0.000000	73,530	02 Apr 2025	Common Stock	73,530		Direct	F4, F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The Restricted Stock Units (RSU) vest in 3 equal annual installments from the vesting commencement date of March 10, 2025, subject to the continued service of the Reporting Person on each vesting date.
F2	Each RSU represents the right to receive, at settlement, one share of common stock.
F3	The Reporting Person disclaims beneficial ownership of the shares held by his child, and this report should not be deemed an admission that the Reporting Person is the beneficial owner of his child's shares for purposes of Section 16 or for any other purpose.
F4	Each Performance-Based RSU (PSU) represents the right to receive, at settlement, one share of common stock.
F5	Represents PSUs that are eligible to vest based on a one-year performance period for Economic ROA (as defined in the PSU Award Agreement). Earned PSUs will be deferred until the end of year three, at which point they will be subject to a modifier based on the Issuer's relative total shareholder return (rTSR) performance against the Russell 3000 Index before vesting. The rTSR performance period spans three (3) years covering calendar years 2025 through 2027. The number of PSUs reported in the table reflects the number of units subject to the award at target achievement. Actual vesting will be based on percentile performance, with potential payout ranging from 0% to 156% of the target units. In addition to such performance requirements, the PSUs are subject to satisfying service-based requirements and any PSUs that become Eligible Units (as defined in the PSU Award Agreement) will be scheduled to vest on March 10, 2028.