Short answer
Oportun Financial Corp (OPRT) filed an 8-K current report with the SEC on August 14, 2026 reporting Item 5.02 (Departure/Election of Directors or Officers), Item 5.07 (Submission of Matters to a Vote of Security Holders). Board expanded from 7 to 8 directors with Scott Scheirman appointed as a Class I director through the 2027 annual meeting.
Oportun Financial Corp 8-K event analysis
AI summary of each reported item and its exhibits
Item 5.02 · Departure/Election of Directors or Officers
- Board expanded from 7 to 8 directors with Scott Scheirman appointed as a Class I director through the 2027 annual meeting
- Scheirman named Audit & Risk Committee chair and Compensation & Leadership Committee member
- Nasdaq- and SEC-independent director, audit committee financial expert, and financially sophisticated under listing standards
- Adds former Western Union CFO and CPI Card Group CEO experience across financial services, payments, and public-company operations
- Standard non-employee director compensation and indemnification agreement; no related-party transactions disclosed
Item 5.07 · Submission of Matters to a Vote of Security Holders
- 38,350,851 shares represented at meeting, equal to approximately 83.55% voting power
- Mohit Daswani elected Class I director through 2027 annual meeting, with 25,492,255 votes FOR
- Deloitte & Touche LLP ratified as independent auditor for year ending December 31, 2026, with 37,727,614 votes FOR
- Executive compensation approved advisory basis, with 24,589,509 votes FOR
- Shareholders favored annual say-on-pay votes; Board committed to holding them every year
Generated from the filing text and exhibits; verify against the original. What 8-K item codes mean
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