LPRO Form 3 filed: Todd C. Hart reports zero ownership
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.
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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.
FAQ
Who filed the Form 3 for Open Lending Corp (LPRO)?
What ownership did the Form 3 report for LPRO?
What is the event date reported on the Form 3 for LPRO?
Who signed the Form 3 and when was it signed?
What address is listed for the reporting person on the LPRO Form 3?