Oportun Financial Corporation filed a Form 8-K on August 14, 2026, disclosing the appointment of Scott Scheirman to its Board of Directors effective August 11, 2026, and reporting the outcomes of stockholder votes at its 2026 Annual Meeting of Stockholders.

Key Highlights

  • New director appointed: Scott Scheirman, age 63, was appointed to Oportun's Board as a Class I director effective August 11, 2026, filling a newly created eighth seat.
  • Committee roles: Scheirman was appointed Chair of the Audit & Risk Committee and a member of the Compensation & Leadership Committee.
  • Audit committee financial expert: The Board determined Scheirman qualifies as an "audit committee financial expert" as defined in Item 407(d)(5) of Regulation S-K.
  • Annual meeting attendance: 38,350,851 shares were present or represented by proxy, representing approximately 83.55% of voting power.
  • Deloitte ratified: Stockholders ratified Deloitte & Touche LLP as independent auditor for the year ending December 31, 2026, with 37,727,614 votes in favor.
  • Say-on-pay frequency: Stockholders advised, with 23,363,452 votes, that advisory votes on executive compensation should occur every one year.

Scott Scheirman Joins Oportun Board; 2026 Annual Meeting Votes Certified

According to the filing, Oportun Financial Corporation (NASDAQ:OPRT) increased the authorized number of directors from seven to eight on August 11, 2026, and immediately appointed Scott Scheirman to fill the newly created vacancy. Scheirman will serve as a Class I director until the Company's 2027 annual meeting of stockholders, or until his successor is duly elected and qualified or until his earlier death, resignation, or removal. The Company also stated it will enter into its standard form of indemnification agreement with Scheirman and that he will receive standard non-employee director compensation as described in the Company's definitive proxy statement filed with the SEC on June 29, 2026.

The filing details Scheirman's professional background, noting he previously served as President and Chief Executive Officer of CPI Card Group Inc. from October 2017 until his retirement in January 2024, as Chief Executive Officer and co-founder of JKL Ventures LLC beginning in February 2014, and as Executive Vice President and Chief Financial Officer of The Western Union Company from September 2006 to December 2013. Earlier in his career, according to the filing, he held executive roles at First Data Corporation (now Fiserv) and began at Ernst & Young LLP. The Board disclosed that Scheirman satisfies applicable Nasdaq and SEC director independence requirements, including the heightened independence requirements for Audit & Risk Committee members under Rule 10A-3 of the Securities Exchange Act of 1934.

Regarding the 2026 Annual Meeting, the filing reports four stockholder votes. Mohit Daswani was elected as a Class I director, receiving 25,492,255 votes in favor and 303,006 against. The ratification of Deloitte & Touche LLP received 37,727,614 votes in favor. The non-binding advisory resolution on named executive officer compensation received 24,589,509 votes in favor and 1,046,016 against. On the frequency of future advisory pay votes, 23,363,452 stockholders voted for annual votes, compared with 2,470,509 for three years and 7,726 for two years. The filing states the Board has determined to hold such a vote every year going forward, consistent with the stockholder vote and its own prior recommendation.

What Was Disclosed

Oportun Financial disclosed the appointment of Scott Scheirman to its Board of Directors as a Class I director and Audit & Risk Committee Chair, along with full vote tallies from its 2026 Annual Meeting covering director election, auditor ratification, executive pay approval, and vote frequency.