Form 4: Open Lending Corp Director John Joseph Flynn Reports Stock Transactions

Director John Joseph Flynn reports acquisition and disposal of Open Lending Corp stock and restricted stock units.

Summary

• On May 22, 2024, John Joseph Flynn, a director of Open Lending Corp, reported transactions involving the company's stock.
• Flynn acquired 10,162 shares of common stock upon the vesting of restricted stock units.
• He also acquired 23,455 restricted stock units, which will vest 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, Flynn directly owns 2,003,924 shares of common stock and indirectly owns 307,500 shares held by the Flynn Family GST Irrevocable Trust.
• He also directly owns 23,455 restricted stock units.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions, with neutral sentiment.

Future Outlook

The document outlines future vesting of restricted stock units, indicating potential future increases in Flynn's holdings.

Industry Context

This filing is a routine disclosure of insider transactions, providing transparency to investors regarding the actions of company directors.

Stakeholder Impact

• The disclosure of insider transactions provides transparency to shareholders.

Key Dates