Pay vs Performance Disclosure - USD ($)
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Pay Versus Performance
Our executives’ pay is variable and linked to our business and financial performance. The factors considered by the compensation and leadership committee to determine the compensation of the NEOs and other officers is described in the section “Executive Compensation—Roles of the Compensation and Leadership Committee, Management and the Compensation Consultant—Role of the Compensation and Leadership Committee” of this proxy statement. From 2023 through 2025, our Total Stockholder Return increased, and our Net Income improved materially, from a net loss in 2023 and 2024 to net income in 2025. These results reflect improved business and financial performance over the three-year period.
In accordance with the requirements of Item 402(v) of Regulation S-K, the following table provides information regarding the “compensation actually paid” to our principal executive officer (“PEO”) and our other NEOs (“non-PEO NEOs”) and certain financial performance results of the Company.
Year | Summary Compensation Table Total for PEO(1) | Compensation Actually Paid to PEO(2) | Average Summary Compensation Table Total for non-PEO NEOs(3) | Average Compensation Actually Paid to non-PEO NEOs(4) | Value of Initial Fixed $100 Investment Based on Company Total Stockholder Return(5) | Net Income (millions)(6) | ||||||||||||||
2025 | $4,327,855 | $4,561,550 | $2,197,779 | $2,303,761 | $ 96.01 | $25.2 | ||||||||||||||
2024 | $1,894,102 | $1,784,957 | $788,450 | $928,331 | $70.42 | $(78.7) | ||||||||||||||
2023 | $ 1,694,535 | $ 1,591,853 | $865,003 | $723,769 | $20.19 | $ (180.0) | ||||||||||||||
(1) | Represents amounts reported in the “total” column of the Summary Compensation Table (“SCT”) for Raul Vazquez (our Former Chief Executive Officer). Mr. Vazquez was our PEO for each of the years shown. |
(2) | Represents dollar amount for Mr. Vazquez derived from the starting point of the compensation reported in the “Total” column of the SCT, under the methodology prescribed under the SEC’s rules, as shown in the table below. The following table presents a reconciliation of total compensation paid to our PEO for each year shown as reported in the SCT, further above, to the compensation actually paid to our PEO, which was computed in accordance with Item 402(v) of Regulation S-K, as reported in the Pay Versus Performance table to which this footnote relates. |
Fiscal Year | 2023 | 2024 | 2025 | ||||||||
SCT Total for PEO | $1,694,535 | $1,894,102 | $4,327,855 | ||||||||
- Grant Date Fair Value of Option Awards and Stock Awards Granted in Fiscal Year | $(746,007) | $(682,444) | $(2,862,000) | ||||||||
+ Fair Value at Fiscal Year-End of Outstanding and Unvested Option Awards and Stock Awards Granted in Fiscal Year | $1,076,900 | $917,559 | $2,585,250 | ||||||||
+ Change in Fair Value of Outstanding and Unvested Option Awards and Stock Awards Granted in Prior Fiscal Years | $(415,995) | $(176,820) | $132,718 | ||||||||
+ Fair Value at Vesting of Option Awards and Stock Awards Granted in Fiscal Year That Vested During Fiscal Year | $0 | $0 | $0 | ||||||||
+ Change in Fair Value as of Vesting Date of Option Awards and Stock Awards Granted in Prior Fiscal Years that Vested During Fiscal Year | $(17,580) | $(167,440) | $377,728 | ||||||||
- Fair Value as of Prior Fiscal Year-End of Option Awards and Stock Awards Granted in Prior Fiscal Years That Failed to Meet Applicable Vesting Conditions During Fiscal Year | $0 | $0 | $0 | ||||||||
Compensation Actually Paid | $1,591,853 | $1,784,957 | $4,561,550 | ||||||||
(3) | Represents the averages of the amounts reported in the “total” column of the SCT for our non-PEO NEOs. Kathleen Layton and Patrick Kirscht were our non-PEO NEO’s for each of the year’s shown. |
(4) | Represents dollar amounts on an averaged basis for our non-PEO NEOs derived from the starting point of the compensation reported in the “Total” column of the SCT, under the methodology prescribed under the SEC’s rules, as shown in the table below. The following table presents a reconciliation of the average total compensation paid to our non-PEO NEOs for each year shown as reported in the SCT, further above, to the average compensation actually paid to our non-PEO NEOs, which was computed in accordance with Item 402(v) of Regulation S-K, as reported in the Pay Versus Performance table to which this footnote relates. |
Fiscal Year | 2023 | 2024 | 2025 | ||||||||
SCT Total for non-PEO NEOs | $865,003 | $788,450 | $2,197,779 | ||||||||
- Grant Date Fair Value of Option Awards and Stock Awards Granted in Fiscal Year | $(290,124) | $(123,376) | $(1,437,263) | ||||||||
+ Fair Value at Fiscal Year-End of Outstanding and Unvested Option Awards and Stock Awards Granted in Fiscal Year | $257,775 | $334,339 | $1,346,576 | ||||||||
+ Change in Fair Value of Outstanding and Unvested Option Awards and Stock Awards Granted in Prior Fiscal Years | $(103,626) | $(25,551) | $82,062 | ||||||||
+ Fair Value at Vesting of Option Awards and Stock Awards Granted in Fiscal Year That Vested During Fiscal Year | $0 | $0 | $0 | ||||||||
+ Change in Fair Value as of Vesting Date of Option Awards and Stock Awards Granted in Prior Fiscal Years that Vested During Fiscal Year | $(5,258) | $(45,532) | $114,607 | ||||||||
- Fair Value as of Prior Fiscal Year-End of Option Awards and Stock Awards Granted in Prior Fiscal Years That Failed to Meet Applicable Vesting Conditions During Fiscal Year | $0 | $0 | $0 | ||||||||
Compensation Actually Paid | $723,769 | $928,331 | $2,303,761 | ||||||||
(5) | Represents value of initial $100 investment in Oportun stock on December 29, 2023, the last trading day prior to the earliest fiscal year shown in the table. |
(6) | Represents the Company’s net income reflected in the Company’s audited financial statements. |
(1) | Represents amounts reported in the “total” column of the Summary Compensation Table (“SCT”) for Raul Vazquez (our Former Chief Executive Officer). Mr. Vazquez was our PEO for each of the years shown. |
(3) | Represents the averages of the amounts reported in the “total” column of the SCT for our non-PEO NEOs. Kathleen Layton and Patrick Kirscht were our non-PEO NEO’s for each of the year’s shown. |
(2) | Represents dollar amount for Mr. Vazquez derived from the starting point of the compensation reported in the “Total” column of the SCT, under the methodology prescribed under the SEC’s rules, as shown in the table below. The following table presents a reconciliation of total compensation paid to our PEO for each year shown as reported in the SCT, further above, to the compensation actually paid to our PEO, which was computed in accordance with Item 402(v) of Regulation S-K, as reported in the Pay Versus Performance table to which this footnote relates. |
Fiscal Year | 2023 | 2024 | 2025 | ||||||||
SCT Total for PEO | $1,694,535 | $1,894,102 | $4,327,855 | ||||||||
- Grant Date Fair Value of Option Awards and Stock Awards Granted in Fiscal Year | $(746,007) | $(682,444) | $(2,862,000) | ||||||||
+ Fair Value at Fiscal Year-End of Outstanding and Unvested Option Awards and Stock Awards Granted in Fiscal Year | $1,076,900 | $917,559 | $2,585,250 | ||||||||
+ Change in Fair Value of Outstanding and Unvested Option Awards and Stock Awards Granted in Prior Fiscal Years | $(415,995) | $(176,820) | $132,718 | ||||||||
+ Fair Value at Vesting of Option Awards and Stock Awards Granted in Fiscal Year That Vested During Fiscal Year | $0 | $0 | $0 | ||||||||
+ Change in Fair Value as of Vesting Date of Option Awards and Stock Awards Granted in Prior Fiscal Years that Vested During Fiscal Year | $(17,580) | $(167,440) | $377,728 | ||||||||
- Fair Value as of Prior Fiscal Year-End of Option Awards and Stock Awards Granted in Prior Fiscal Years That Failed to Meet Applicable Vesting Conditions During Fiscal Year | $0 | $0 | $0 | ||||||||
Compensation Actually Paid | $1,591,853 | $1,784,957 | $4,561,550 | ||||||||
(4) | Represents dollar amounts on an averaged basis for our non-PEO NEOs derived from the starting point of the compensation reported in the “Total” column of the SCT, under the methodology prescribed under the SEC’s rules, as shown in the table below. The following table presents a reconciliation of the average total compensation paid to our non-PEO NEOs for each year shown as reported in the SCT, further above, to the average compensation actually paid to our non-PEO NEOs, which was computed in accordance with Item 402(v) of Regulation S-K, as reported in the Pay Versus Performance table to which this footnote relates. |
Fiscal Year | 2023 | 2024 | 2025 | ||||||||
SCT Total for non-PEO NEOs | $865,003 | $788,450 | $2,197,779 | ||||||||
- Grant Date Fair Value of Option Awards and Stock Awards Granted in Fiscal Year | $(290,124) | $(123,376) | $(1,437,263) | ||||||||
+ Fair Value at Fiscal Year-End of Outstanding and Unvested Option Awards and Stock Awards Granted in Fiscal Year | $257,775 | $334,339 | $1,346,576 | ||||||||
+ Change in Fair Value of Outstanding and Unvested Option Awards and Stock Awards Granted in Prior Fiscal Years | $(103,626) | $(25,551) | $82,062 | ||||||||
+ Fair Value at Vesting of Option Awards and Stock Awards Granted in Fiscal Year That Vested During Fiscal Year | $0 | $0 | $0 | ||||||||
+ Change in Fair Value as of Vesting Date of Option Awards and Stock Awards Granted in Prior Fiscal Years that Vested During Fiscal Year | $(5,258) | $(45,532) | $114,607 | ||||||||
- Fair Value as of Prior Fiscal Year-End of Option Awards and Stock Awards Granted in Prior Fiscal Years That Failed to Meet Applicable Vesting Conditions During Fiscal Year | $0 | $0 | $0 | ||||||||
Compensation Actually Paid | $723,769 | $928,331 | $2,303,761 | ||||||||
Relationship Between PEO’s and Non-PEO NEOs’ Compensation Actually Paid and Total Shareholder Return (“TSR”)
The following graph sets forth the relationship between compensation actually paid (or “CAP”) to our PEO and the average of compensation actually paid to our non-PEO NEOs versus the Company’s cumulative TSR for the fiscal years shown.
Relationship Between PEO’s and Non-PEO NEOs’ Compensation Actually Paid and Net Income (Loss)
The following graph sets forth the relationship between compensation actually paid to our PEO and the average of compensation actually paid to our non-PEO NEOs versus our net income (loss) for the fiscal years shown.
Relationship Between PEO’s and Non-PEO NEOs’ Compensation Actually Paid and Adjusted EBITDA
The following graph sets forth the relationship between compensation actually paid to our PEO and the average of compensation actually paid to our non-PEO NEOs versus Adjusted EBITDA for the fiscal years shown.
