Oportun grants performance-based RSUs to three NEOs with TSR targets at $7.56 (25%) and $12.10 (100%)

Oportun Financial Corp

Compensation Committee approved PSUs for CEO Vazquez (target 176,361), CFO Coblentz (20,101), and Kirscht (49,339) on Dec 6, 2023.
PSUs vest based on absolute TSR over Jan 2023–Dec 2025; threshold 25% at avg stock price $7.56, 100% at $12.10.
Maximum payout is 125% of target if TSR ≥ 125%; upside units may be paid in cash at Company's discretion.
Vesting also requires continued employment through March 10, 2026.
New form of PSU award agreement adopted under the 2019 Equity Incentive Plan.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.