LPRO Form 3: Chief Financial Officer Discloses Zero Beneficial Ownership

Rhea-AI Filing Summary

Initial Form 3 for Open Lending Corp (LPRO) reports that Massimo Monaco, serving as Chief Financial Officer and a director, submitted an initial Section 16 statement and disclosed no securities beneficially owned in the issuer. The filing lists his business address at the company's Austin, TX office and notes the statement was executed under a power of attorney.

Insights

Corporate Governance Expert

TL;DR: Routine initial disclosure by an officer/director reporting no beneficial ownership; no immediate governance or control changes.

The Form 3 is an initial Section 16 filing indicating the reporting person is both an officer (CFO) and a director but reports zero beneficial ownership of the issuer's securities. This is a routine compliance disclosure and does not, by itself, signal changes in board composition, control, or insider holdings. The inclusion of a power of attorney for signature is an administrative detail commonly used to file on behalf of insiders.

Securities Analyst

TL;DR: Filing shows no insider stake disclosed; this is neutral for immediate market implications absent other transactions.

The report confirms Massimo Monaco's status as Chief Financial Officer and a director for Open Lending Corp (LPRO) while explicitly stating no securities are beneficially owned. From a securities perspective, this Form 3 provides no information about purchases, grants, or option holdings that would affect share count or insider alignment with shareholders. It is a routine disclosure with no material transactional data.

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^*

Monaco Massimo

(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)
08/18/2025

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)
	Chief Financial Officer

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	08/26/2025
	** 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 does the Form 3 filed for Open Lending Corp (LPRO) disclose?

The Form 3 discloses that Massimo Monaco is an officer (Chief Financial Officer) and a director and reports no beneficial ownership of the issuer's securities.

Who is the reporting person on this Form 3 for LPRO?

The reporting person is Massimo Monaco, identified as Chief Financial Officer and a director of Open Lending Corp.

Does the Form 3 indicate any securities owned by the reporting person?

No. The filing explicitly states no securities are beneficially owned by the reporting person.

What issuer and ticker are referenced in the filing?

The filing references Open Lending Corp with the ticker LPRO.

Was a power of attorney used to sign this Form 3?

Yes. The filing includes a remark indicating execution under a power of attorney.