Open Lending (LPRO) General Counsel granted 92,857 new RSUs in equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Massey Ben reported acquisition or exercise transactions in this Form 4 filing.
Open Lending Corp General Counsel Ben Massey received a grant of 92,857 restricted stock units on February 18, 2026. Each unit represents a contingent right to receive one share of LPRO common stock. After this award, he holds 176,513 restricted stock units directly.
These restricted stock units vest in four equal annual installments beginning on March 15, 2027, meaning the award will be paid out over four years if vesting conditions are met.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Massey Ben
Role
General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 92,857 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 176,513 shares (Direct)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of LPRO common stock. These restricted stock units vest in four equal annual installments beginning on March 15, 2027.
FAQ
What insider transaction did Open Lending (LPRO) report for Ben Massey?
Open Lending reported that General Counsel Ben Massey received 92,857 restricted stock units on February 18, 2026. This equity award increases his direct holdings to 176,513 restricted stock units, aligning part of his compensation with the company’s long-term stock performance.
What are the terms of the new restricted stock units granted by Open Lending (LPRO)?
The new award consists of 92,857 restricted stock units, each representing a contingent right to one share of LPRO common stock. The units vest in four equal annual installments starting March 15, 2027, spreading the potential share delivery over a four-year period.
How many Open Lending (LPRO) restricted stock units does Ben Massey now hold?
Following the latest grant, Ben Massey now directly holds 176,513 restricted stock units of Open Lending. This total includes the new 92,857-unit award and prior holdings, reflecting a significant equity-based component in his overall compensation structure at the company.
When do Ben Massey’s new Open Lending (LPRO) restricted stock units begin vesting?
The restricted stock units begin vesting on March 15, 2027, in four equal annual installments. This schedule means the award will vest over four years, encouraging longer-term retention and alignment with Open Lending’s multi-year business and share price performance.
What does each Open Lending (LPRO) restricted stock unit granted to Ben Massey represent?
Each restricted stock unit represents a contingent right to receive one share of Open Lending common stock. The actual delivery of shares depends on the RSUs vesting over time according to the schedule that begins on March 15, 2027, and runs for four years.