SCHEDULE: Vanguard Group Updates Stake in Open Lending Corp, Reports Below 5% Ownership

The Vanguard Group has filed an amendment to its Schedule 13G, reporting a beneficial ownership of 4.89% in Open Lending Corp as of June 30, 2025.

Summary

• The Vanguard Group reported beneficial ownership of 5,858,145 shares of Open Lending Corp common stock.
• This ownership represents 4.89% of the total class of securities.
• The filing is Amendment No. 5 to a previous Schedule 13G statement.
• The event triggering this filing occurred on June 30, 2025.
• The Vanguard Group holds 0 shares with sole voting power, 42,656 shares with shared voting power, 5,776,973 shares with sole dispositive power, and 81,172 shares with shared dispositive power.
• The Vanguard Group certifies that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of Open Lending Corp.

Sentiment

Score: 4

Explanation: The filing is a routine compliance update regarding beneficial ownership. While the continued presence of a major institutional investor is generally positive, the slight decrease in stake below the 5% reporting threshold could be viewed with slight caution by the market, though it's primarily a procedural change for Vanguard.

Positives

• The continued significant stake held by a major institutional investor like The Vanguard Group indicates ongoing interest and a stable institutional shareholder base for Open Lending Corp.

Negatives

• The beneficial ownership percentage of 4.89% is now below the 5% threshold, meaning The Vanguard Group is no longer required to file Schedule 13G updates unless its ownership increases to 5% or more again.
• This represents a slight decrease in reported stake compared to previous filings, as implied by the amendment number and the current percentage.

Future Outlook

NA

Management Comments

• The Vanguard Group certifies that, to the best of its knowledge and belief, the securities were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities.

Industry Context

NA

Stakeholder Impact

• Shareholders receive updated information regarding the beneficial ownership of a significant institutional investor, which can influence market perception and liquidity.

Next Steps

• The Vanguard Group will only be required to file another Schedule 13G amendment if its beneficial ownership in Open Lending Corp increases to 5% or more again.

Key Dates

Keywords

Open Lending Corp, Vanguard Group, Institutional Ownership, SEC Filing, Schedule 13G, Common Stock, Investment Adviser, LPRO