Open Lending (LPRO) General Counsel granted 92,857 new RSUs in equity award

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.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Massey Ben

(Last) (First) (Middle)

C/O OPEN LENDING CORPORATION

1501 S. MOPAC EXPRESSWAY, SUITE 450

(Street)

AUSTIN TX 78746

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Open Lending Corp [ LPRO ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	General Counsel

3. Date of Earliest Transaction (Month/Day/Year)
02/18/2026

4. 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 Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	02/18/2026		A		92,857		(2)	(2)	Common Stock, par value $0.01 per share	92,857	$0	176,513	D

Explanation of Responses:

1. Each restricted stock unit represents a contingent right to receive one share of LPRO common stock.

2. These restricted stock units vest in four equal annual installments beginning on March 15, 2027.

Remarks:

	/s/ Ben Massey	02/20/2026
	** 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 4 (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 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.