LPRO General Counsel discloses common stock and 83,656 RSUs

Rhea-AI Filing Summary

Open Lending Corp (LPRO) reported the equity holdings of its General Counsel, who is an officer of the company. As of the event dated 11/07/2025, the officer beneficially owns 10,757 shares of Open Lending common stock directly.

The officer also holds 83,656 restricted stock units (RSUs), each representing a contingent right to receive one share of LPRO common stock. These RSUs include 9,040 units that vest in two equal annual installments beginning on March 15, 2026, 18,750 units that vest in three equal annual installments beginning on March 15, 2026, and 55,866 units that vest in four equal annual installments beginning on March 15, 2026.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Massey Ben

(Last) (First) (Middle)

C/O OPEN LENDING CORPORATION

1501 S. MOPAC EXPRESSWAY, SUITE 450

(Street)

AUSTIN TX 78746

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
11/07/2025

3. Issuer Name and Ticker or Trading Symbol
Open Lending Corp [ LPRO ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	General Counsel

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock, par value $0.01 per share	10,757	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	(1)	Common Stock, par value $0.01 per share	83,656	(2)	D

Explanation of Responses:

1. Includes (a) 9,040 restricted stock units that will vest in two equal annual installments beginning on March 15, 2026, (b) 18,750 restricted stock units that will vest in three equal annual installments beginning on March 15, 2026, and (c) 55,866 restricted stock units that will vest in four equal annual installments beginning on March 15, 2026.

2. Each restricted stock unit represents a contingent right to receive one share of LPRO common stock.

Remarks:

	/s/ Ben Massey	11/17/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction or holding did Open Lending Corp (LPRO) report?

Open Lending Corp reported the equity holdings of its General Counsel, an officer of the company, including common stock and restricted stock units in LPRO.

How many Open Lending (LPRO) common shares does the General Counsel own?

The General Counsel beneficially owns 10,757 shares of Open Lending common stock directly.

How many restricted stock units does the Open Lending (LPRO) officer hold?

The officer holds 83,656 restricted stock units (RSUs), each representing a contingent right to receive one share of LPRO common stock.

When do the Open Lending (LPRO) restricted stock units begin to vest?

The RSUs begin to vest on March 15, 2026, in multiple annual installment schedules.

What are the vesting schedules for the Open Lending (LPRO) RSUs?

The RSUs include 9,040 units vesting in two equal annual installments from March 15, 2026, 18,750 units vesting in three equal annual installments from that date, and 55,866 units vesting in four equal annual installments from that date.

What does each restricted stock unit (RSU) in Open Lending (LPRO) represent?

Each restricted stock unit represents a contingent right to receive one share of Open Lending (LPRO) common stock.

What is the reported date of the insider holdings event for Open Lending (LPRO)?

The date of the event requiring the statement is reported as 11/07/2025.