Form 4: Open Lending Corp Executive Charles Jehl Reports Stock Transactions
SEC Form 4 Filing
Charles Jehl, a key executive at Open Lending Corp, reports the vesting and conversion of restricted stock units into common stock, along with a transaction to cover tax obligations.
Summary
- On August 5, 2024, Charles Jehl, Chief Financial Officer, Chief Operating Officer, and Interim Chief Executive Officer of Open Lending Corporation, reported transactions involving Open Lending Corp [LPRO] stock.
- 1,128 restricted stock units vested and were converted into shares of LPRO common stock.
- Additionally, 443 shares were disposed of to cover tax obligations at a price of $5.4 per share.
- Following these transactions, Jehl directly owns 196,942 shares of common stock and 806,587 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a routine disclosure of stock transactions by a company executive, with no inherently positive or negative implications for the company's overall prospects.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to monitor the actions of key personnel.
Key Dates
| Date | Description |
|---|---|
| 08/05/2024 | Restricted stock units vested and converted into common stock; shares disposed of for tax obligations. |
| 08/07/2024 | Date of signature for the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.