Form 4: Open Lending Corp Director Eric Feldstein Reports Stock Transactions
SEC Form 4
Director Eric Feldstein reports the vesting and conversion of restricted stock units into Open Lending Corp common stock.
Summary
- On May 22, 2024, Eric Feldstein, a director of Open Lending Corp, reported transactions involving the company's stock.
- 10,162 restricted stock units vested and were converted into shares of LPRO common stock.
- Additionally, 23,455 restricted stock units were acquired, vesting on the earlier of May 22, 2025, or the next annual meeting of the Issuer's stockholders following the date of the grant.
- Following these transactions, Feldstein directly owns 22,701 shares of common stock and 23,455 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 of stock transactions by a company insider, which is common for publicly traded companies.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the change in ownership.
Key Dates
| Date | Description |
|---|---|
| 05/22/2024 | Restricted stock units vested and converted into common stock. |
| 05/22/2024 | Acquisition of additional restricted stock units. |
| 05/22/2025 | Date on which additional restricted stock units will vest (or earlier if the next annual meeting occurs before this date). |
| 05/24/2024 | Date of signature of the report. |
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