Open Lending director receives 14,943 vested shares

Open Lending Corp director Abhijit Chaudhary reported the vesting of restricted stock units that converted into common shares.

Rhea-AI Filing Summary

Open Lending Corp director Abhijit Chaudhary reported the vesting of restricted stock units that converted into common shares. On June 3, 2026, 14,943 restricted stock units vested and were exercised into 14,943 shares of LPRO common stock, all held directly after the transaction. Each unit represented a contingent right to receive one common share, and no open-market purchase or sale was reported in this filing.

Insider Trade Summary

14,943 shares exercised/converted

Exercise 2 txns

Insider Chaudhary Abhijit

Role Director

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	14,943	$0.00	$0.00
Exercise	Common Stock, par value $0.01 per share	14,943	$0.00	$0.00

Holdings After Transaction: Restricted Stock Units — 0 contracts (Direct); Common Stock, par value $0.01 per share — 14,943 shares (Direct)

Footnotes (3)

1. F1. Reflects restricted stock units that upon vesting converted into shares of LPRO common stock.
2. F2. Each restricted stock unit represents a contingent right to receive one share of LPRO common stock.
3. F3. These restricted stock units vested on June 3, 2026.

Key Figures

RSUs vested: 14,943 units Shares received: 14,943 shares Post-transaction holdings: 14,943 shares +3 more

6 metrics

RSUs vested 14,943 units Restricted stock units vested on June 3, 2026

Shares received 14,943 shares Common stock received upon RSU conversion

Post-transaction holdings 14,943 shares Total direct common stock after transaction

Exercise/Conversion price $0.00 per unit Reported transaction price for RSU conversion

Transactions classified as exercises 1 exercise, 14,943 shares Derivative exercise/conversion per transactionSummary

Derivative RSU balance 0 units Restricted stock units following the vesting event

Key Terms

Restricted Stock Units, contingent right, derivative security

3 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 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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Open Lending (LPRO) report for Abhijit Chaudhary?

Open Lending reported that director Abhijit Chaudhary had 14,943 restricted stock units vest and convert into the same number of common shares. This reflects compensation-related equity vesting, not an open-market share purchase or sale.

How many Open Lending (LPRO) shares did Abhijit Chaudhary receive?

Abhijit Chaudhary received 14,943 shares of Open Lending common stock through the vesting of restricted stock units. Each restricted stock unit represented a contingent right to receive one share of LPRO common stock upon vesting.

When did the restricted stock units vest for Open Lending (LPRO) director Abhijit Chaudhary?

The restricted stock units vested on June 3, 2026. On that date, 14,943 restricted stock units converted into an equal number of Open Lending common shares, as disclosed in the Form 4 insider transaction report.

Were any Open Lending (LPRO) shares sold in this Form 4 transaction?

No, this Form 4 does not report any share sales. It shows restricted stock units vesting and converting into 14,943 common shares, which are held directly following the transaction, with no open-market sale disclosed.

What does each restricted stock unit represent for Open Lending (LPRO)?

Each restricted stock unit represents a contingent right to receive one share of Open Lending common stock. Upon vesting, these units convert into common shares, as occurred with the 14,943 units reported in this Form 4 filing.

What is Abhijit Chaudhary’s direct shareholding after this Open Lending (LPRO) transaction?

Following the vesting and conversion, Abhijit Chaudhary directly holds 14,943 shares of Open Lending common stock. The derivative position in the reported restricted stock units is reduced to zero after this transaction.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 06/05/2026 - 05:22 PM Learn about SEC filing dates

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

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

Chaudhary Abhijit

(Last) (First) (Middle)

C/O OPEN LENDING CORPORATION

1501 S. MOPAC EXPRESSWAY, SUITE 450

(Street)

AUSTIN TEXAS 78746

(City) (State) (Zip)

UNITED STATES

(Country)

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

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/03/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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
Common Stock, par value $0.01 per share	06/03/2026		M		14,943(1)	A	$0	14,943	D

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	(2)	06/03/2026		M			14,943	(3)	(3)	Common Stock, par value $0.01 per share	14,943	$0	0	D

Explanation of Responses:

1. Reflects restricted stock units that upon vesting converted into shares of LPRO common stock.

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

3. These restricted stock units vested on June 3, 2026.

Remarks:

	/s/ Ben Massey, as Attorney-in-Fact	06/05/2026
	** 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.
* Form 4: SEC 1474 (03-26)