Wasatch Advisors (LPRO) reports 4.1% Open Lending ownership on amended 13G
Rhea-AI Filing Summary
Wasatch Advisors reports its beneficial ownership of Open Lending Corp common stock on Schedule 13G/A. Wasatch Advisors beneficially owns 4,871,864 shares, representing 4.1% of the outstanding common stock as of June 30, 2026. It has sole voting power over 4,721,070 shares and sole dispositive power over 4,871,864 shares, with no shared voting or dispositive power. The filing notes that Wasatch Advisors now holds ownership of 5 percent or less of this class of securities.
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Key Figures
Beneficial ownership: 4,871,864 shares
Percent of class: 4.1%
Sole voting power: 4,721,070 shares
+3 more
6 metrics
Beneficial ownership
4,871,864 shares
Shares of Open Lending Corp common stock beneficially owned by Wasatch Advisors
Percent of class
4.1%
Percentage of Open Lending Corp common stock class beneficially owned
Sole voting power
4,721,070 shares
Shares over which Wasatch Advisors has sole power to vote or direct the vote
Sole dispositive power
4,871,864 shares
Shares over which Wasatch Advisors has sole power to dispose or direct disposition
Ownership status
5 percent or less
Ownership of 5 percent or less of a class as stated in Item 5
Filing date
07/17/2026
Date signed by CEO Mike Yeates on the Schedule 13G/A amendment
Key Terms
Schedule 13G/A, beneficially owned, Sole Voting Power, Sole Dispositive Power
4 terms
Schedule 13G/A regulatory
"Wasatch Advisors reports its beneficial ownership of Open Lending Corp common stock on Schedule 13G/A"
A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.
beneficially owned financial
"Amount beneficially owned: 4,871,864"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Sole Voting Power financial
"Sole Voting Power 4,721,070.00"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
Sole Dispositive Power financial
"Sole Dispositive Power 4,871,864.00"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What percentage of Open Lending (LPRO) does Wasatch Advisors hold?
Wasatch Advisors reports beneficial ownership of 4.1% of Open Lending Corp’s common stock. This stake is disclosed as ownership of 5 percent or less of the class under Schedule 13G/A.
What dispositive power does Wasatch Advisors report for its Open Lending (LPRO) position?
Wasatch Advisors reports sole dispositive power over 4,871,864 Open Lending shares and no shared dispositive power. Sole dispositive power means it alone decides if and when those shares are sold or transferred.
Why did Wasatch Advisors file an amended Schedule 13G/A for Open Lending (LPRO)?
The amended Schedule 13G/A updates Wasatch Advisors’ beneficial ownership at 4.1%, confirming it now holds 5 percent or less of Open Lending’s common stock while retaining sole voting and dispositive control over its position.