Open Lending (LPRO) director Eric Feldstein receives 76,530 shares as RSUs vest
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Open Lending Corp director Eric A. Feldstein acquired shares through RSU vesting, not open-market buying. On May 21, 2026, 76,530 restricted stock units converted into an equal number of common shares of LPRO. Following this equity grant vesting, Feldstein directly holds 122,686 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
76,530 shares exercised/converted
Mixed
2 txns
Insider
FELDSTEIN ERIC A
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 76,530 | $0.00 | -- |
| Exercise | Common Stock, par value $0.01 per share | 76,530 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
Common Stock, par value $0.01 per share — 122,686 shares (Direct, null)
Footnotes (1)
- Reflects restricted stock units that upon vesting converted into shares of LPRO common stock. Each restricted stock unit represents a contingent right to receive one share of LPRO common stock. These restricted stock units vested on May 21, 2026.
Key Figures
RSUs vested and converted: 76,530 shares
Post-transaction holdings: 122,686 shares
RSUs remaining: 0 units
+1 more
4 metrics
RSUs vested and converted
76,530 shares
Restricted stock units converting to common stock on May 21, 2026
Post-transaction holdings
122,686 shares
Common stock directly held after RSU conversion
RSUs remaining
0 units
Restricted stock units reported following the transaction
Exercise price of RSUs
$0.00 per unit
Conversion of restricted stock units into common shares
Key Terms
Restricted Stock Units, contingent right to receive, derivative security, exercise or conversion
4 terms
Restricted Stock Units financial
"Reflects restricted stock units that upon vesting converted into shares of LPRO common stock."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
contingent right to receive financial
"Each restricted stock unit represents a contingent right to receive one share of LPRO common stock."
derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
exercise or conversion financial
"transaction_action: derivative exercise/conversion"
FAQ
What did Open Lending (LPRO) director Eric Feldstein report in this Form 4?
Eric A. Feldstein reported the vesting of 76,530 restricted stock units that converted into 76,530 shares of Open Lending common stock. This is a compensation-related equity grant vesting, not an open-market purchase or sale of shares.
What are restricted stock units in the context of Open Lending (LPRO)?
For Open Lending, each restricted stock unit represents a contingent right to receive one share of LPRO common stock. These units typically vest over time or upon conditions, at which point they convert into actual shares held by the reporting person.
When did Eric Feldstein’s restricted stock units in Open Lending (LPRO) vest?
The restricted stock units vested on May 21, 2026. Upon vesting, 76,530 RSUs converted into 76,530 shares of Open Lending common stock, as described in the footnotes to the Form 4 insider transaction report.
Does this Open Lending (LPRO) Form 4 indicate remaining derivative or RSU holdings?
This Form 4 shows that the 76,530 restricted stock units were fully converted, leaving zero RSUs reported following the transaction. No additional derivative positions are listed in the derivative holdings summary for this particular filing.