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LPRO Form 3 filed: Todd C. Hart reports zero ownership

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
3

Rhea-AI Filing Summary

Open Lending Corp (LPRO) Form 3: Todd C. Hart, identified as a director of Open Lending Corporation, filed an initial Form 3 reporting that he does not beneficially own any securities of the issuer. The event requiring the statement is dated 09/25/2025. The filing was signed on behalf of the reporting person by Matthew Stark, as Attorney-in-Fact, on 09/29/2025. The form lists the reporting person's business address at C/O Open Lending Corporation, 1501 S. Mopac Expressway, Suite 450, Austin, TX 78746. No non-derivative or derivative securities are reported as owned.

Positive

  • None.

Negative

  • None.

Insights

TL;DR Director Todd C. Hart filed an initial ownership form and reported no beneficial ownership, a routine governance disclosure.

The Form 3 documents a standard initial Section 16 disclosure indicating the reporting person holds no direct or indirect shares or derivative positions in the company as of the stated event date. This is typical when a director joins or is associated with an issuer prior to acquiring equity or when holdings are held by another entity not attributed to the individual. The filing is signed by an attorney-in-fact, confirming procedural completion of the initial disclosure.

TL;DR The filing is procedural and contains no material ownership; it does not present a market-moving disclosure.

From a compliance perspective, the Form 3 meets basic reporting requirements by identifying the reporting person, relationship to the issuer (director), event date, and a statement of zero beneficial ownership. The signature by an attorney-in-fact is properly noted with a filing date. There are no reported securities or transactions to analyze for market or insider-trading implications.

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
OMB APPROVAL
OMB Number: 3235-0104
Estimated average burden
hours per response: 0.5
1. Name and Address of Reporting Person*
Hart Todd C

(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)
09/25/2025
3. Issuer Name and Ticker or Trading Symbol
Open Lending Corp [ LPRO ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
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)
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
Explanation of Responses:
Remarks:
Ex 24 - Power of Attorney
No securities are beneficially owned.
/s/ Matthew Stark, as Attorney-in-Fact 09/29/2025
** 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

Who filed the Form 3 for Open Lending Corp (LPRO)?

The reporting person is Todd C. Hart, identified as a director of Open Lending Corporation.

What ownership did the Form 3 report for LPRO?

The Form 3 states no securities are beneficially owned by the reporting person.

What is the event date reported on the Form 3 for LPRO?

The date of the event requiring the statement is 09/25/2025.

Who signed the Form 3 and when was it signed?

The form was signed by Matthew Stark, as Attorney-in-Fact, on 09/29/2025.

What address is listed for the reporting person on the LPRO Form 3?

The address listed is C/O Open Lending Corporation, 1501 S. Mopac Expressway, Suite 450, Austin, TX 78746.
Open Lending Corporation

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