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

Sentiment:

SEC Form 4


Charles Jehl, a director and officer of Open Lending Corp, reports the acquisition and disposal of common stock and restricted stock units on March 22, 2025.

Summary

  • On March 22, 2025, Charles Jehl, a director and officer of Open Lending Corporation, reported transactions involving Open Lending Corp [LPRO] common stock and restricted stock units.
  • Jehl acquired 70,028 shares of common stock through the vesting of restricted stock units.
  • Concurrently, Jehl disposed of 17,051 shares to cover tax obligations at a price of $3.255 per share.
  • Following these transactions, Jehl directly owns 347,748 shares of common stock.
  • Jehl also directly owns 585,470 restricted stock units.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment about the company's performance or future 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 track the buying and selling activities of individuals with privileged information.

Stakeholder Impact

  • The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely minimal.

Key Dates

DateDescription
03/22/2025Date of stock transactions: acquisition of common stock through vesting of restricted stock units and disposal of shares for tax obligations.
03/25/2025Date of signature on the Form 4 filing.

Keywords

Open Lending Corp, LPRO, Charles Jehl, Form 4, Stock Transactions, Restricted Stock Units, Beneficial Ownership, Director, Officer

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