[Form 4] Open Lending Corp Insider Trading Activity
Rhea-AI Filing Summary
Open Lending Corp (LPRO) reported a routine insider equity grant on a Form 4. A company director received 14,943 restricted stock units (RSUs), each representing a contingent right to receive one share of Open Lending common stock with a par value of $0.01 per share. The RSUs were granted on 11/21/2025 at a price of $0 per unit, reflecting a standard equity award rather than an open-market purchase.
The RSUs will vest on the earlier of November 21, 2026 or the next annual meeting of Open Lending’s stockholders following the grant date. After vesting, the director will receive the corresponding number of common shares, aligning the director’s compensation more closely with shareholder interests over this period.
Positive
- None.
Negative
- None.
FAQ
What insider transaction did Open Lending (LPRO) report on this Form 4?
The filing reports that a director of Open Lending Corp (LPRO) received 14,943 restricted stock units (RSUs) on 11/21/2025 as an equity award.
How many Open Lending (LPRO) shares are covered by the new RSU grant?
The grant covers 14,943 restricted stock units, each representing a contingent right to receive one share of Open Lending common stock.
When do the newly granted Open Lending (LPRO) RSUs vest?
The RSUs will vest on the earlier of November 21, 2026 or the date of the next annual meeting of Open Lending’s stockholders following the grant date.
What is the exercise or purchase price of the Open Lending (LPRO) RSUs?
The RSUs were granted at a price of $0 per unit, meaning the director does not pay a purchase price to receive the underlying shares upon vesting.
Is this Open Lending (LPRO) Form 4 filed for more than one reporting person?
No. The Form 4 indicates it is filed by one reporting person, reflecting a single director’s equity award.
What type of security underlies the Open Lending (LPRO) RSUs?
Each RSU is linked to one share of Open Lending common stock with a par value of $0.01 per share.