{"schema_version":"secwatch.filing_event.v1","accession":"0001538716-21-000137","form_type":"8-K","ticker":"OPRT","cik":"0001538716","company_name":"Oportun Financial Corp","filed_at":"2021-07-12T23:59:59+00:00","discovered_at":"2026-05-14T18:04:18.507434+00:00","generated_at":"2026-06-30T06:04:33.408817+00:00","sec_items":["1.02","5.02","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Oportun redeems $275M Series 2018-C Notes; appoints two new independent directors","bullets":["Redeemed Series 2018-C Notes for $275.0M on July 8, 2021; funded via secured facility, 2021-B securitization, and cash.","Appointed Ginny Lee and Sandra Smith as independent directors, expanding board to nine, effective Sept 1, 2021.","Ms. Lee was President/COO of Khan Academy; Ms. Smith former CFO of Segment (acquired by Twilio).","Each new director receives prorated $125K RSU award; annual cash compensation of $40K plus committee fees.","Board now includes 6 of 9 members identifying as women or persons of color."],"urls":{"canonical":"https://secwatch.observer/filing/0001538716-21-000137","json":"https://secwatch.observer/filing/0001538716-21-000137.json","markdown":"https://secwatch.observer/filing/0001538716-21-000137.md","text":"https://secwatch.observer/filing/0001538716-21-000137.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1538716/000153871621000137/0001538716-21-000137-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1538716/000153871621000137/oprt-20210708.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-30T06:04:33.408817+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"82795df74f","claim":"Ginny Lee was appointed as Director at Oportun Financial Corp.","evidence_excerpt":"approved an increase in the number of directors on the Board from seven to nine and appointed Ginny Lee and Sandra Smith to serve as members of the Board.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1538716/000153871621000137/0001538716-21-000137-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"ae6164c3a5","claim":"Sandra Smith was appointed as Director at Oportun Financial Corp.","evidence_excerpt":"approved an increase in the number of directors on the Board from seven to nine and appointed Ginny Lee and Sandra Smith to serve as members of the Board.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1538716/000153871621000137/0001538716-21-000137-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}