Form 4: Open Lending CFO Charles Jehl Reports Stock Transactions
SEC Form 4 Filing
Charles Jehl, CFO of Open Lending Corp, reports the vesting and conversion of restricted stock units into common stock, along with a disposition of shares to cover tax obligations.
Summary
- On March 15, 2024, Charles Jehl, the Chief Financial Officer of Open Lending Corporation, reported transactions involving the company's stock.
- 14,880 restricted stock units vested and were converted into shares of LPRO common stock.
- Additionally, 3,622 shares were disposed of to cover tax obligations at a price of $6.67 per share.
- Following these transactions, Jehl directly owns 167,890 shares of common stock and 465,293 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions, which carries a neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in the CFO's holdings, but the overall effect is likely minimal.
Key Dates
| Date | Description |
|---|---|
| 03/15/2024 | Date of stock transactions: vesting of restricted stock units and disposition of shares for tax obligations. |
| 03/19/2024 | Date of signature on the Form 4 filing. |
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