Form 4: Open Lending Corp Executive Charles Jehl Reports Stock Transactions

Charles Jehl, a director and officer of Open Lending Corp, reports the vesting and conversion of restricted stock units into common stock.

Summary

• On March 15, 2025, Charles Jehl, a director and officer at Open Lending Corp, engaged in transactions involving the company's stock.
• He converted 14,881 restricted stock units into common stock and disposed of 3,623 shares to cover tax obligations at a price of $4.31 per share.
• Additionally, he converted 26,398 restricted stock units into common stock and disposed of 6,427 shares to cover tax obligations at a price of $4.31 per share.
• Following these transactions, Jehl directly owns 294,771 shares of common stock and 655,498 restricted stock units.
• The transactions were reported on Form 4, filed with the SEC on March 18, 2025.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about insider trading activity.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, as required by SEC regulations. It provides transparency into the trading activities of key personnel and their holdings in the company.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the increase in the number of outstanding shares, but the effect is likely minimal.

Key Dates