Form 4: Open Lending Corp Interim CFO Charles Jehl Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Interim CFO Charles Jehl reports the vesting and conversion of restricted stock units into common stock, as well as the disposition of shares to cover tax obligations.

Summary

  • On May 6, 2025, Charles D. Jehl, Interim CFO of Open Lending Corporation, reported transactions involving the company's stock.
  • 37,500 restricted stock units vested and were converted into shares of LPRO common stock.
  • Jehl also disposed of 9,131 shares to satisfy tax obligations at a price of $1.36 per share.
  • Following these transactions, Jehl directly owns 379,639 shares of Open Lending Corp.
  • Jehl also holds 543,315 restricted stock units.

Sentiment

Score: 5

Explanation: This is a neutral report of stock transactions by an insider, with no inherent positive or negative implications for the company's performance.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, which is common for publicly traded companies. It provides transparency into the actions of key personnel and their holdings in the company.

Stakeholder Impact

  • The transactions have a minor impact on shareholders as they involve the vesting of previously granted equity and a small sale of shares for tax purposes.

Key Dates

DateDescription
05/06/2025Date of stock transactions: vesting of restricted stock units and disposition of shares for tax obligations.
05/08/2025Date of signature on the Form 4 filing.

Keywords

Open Lending Corp, LPRO, Charles Jehl, Interim CFO, Stock Transactions, Form 4, Restricted Stock Units, Vesting, Tax Obligations, Beneficial Ownership

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