Monaco Massimo 4

What Happened

• Massimo Monaco, Chief Financial Officer of Open Lending Corp (LPRO), was granted 171,428 restricted stock units (RSUs) on February 18, 2026. The grant is reported at $0.00 (typical for RSU awards) and represents a contingent right to receive common stock upon vesting rather than an immediate purchase of shares.

Key Details

• Transaction date: February 18, 2026; Form 4 filed February 20, 2026 (timely filing).
• Grant: 171,428 RSUs; reported acquisition price $0.00 (derivative award).
• Vesting: RSUs vest in four equal annual installments beginning March 15, 2027 (42,857 RSUs vest each year).
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnote: Each RSU converts to one share of LPRO common stock upon vesting.
• No 10b5-1 plan, tax-withholding, or late-filing flags were reported in the provided details.

Context

• RSU grants are compensation awards and do not represent an immediate market purchase or sale; they become actual shares only as they vest. Such awards are routine for executive compensation and should be interpreted as part of pay, not a direct bullish or bearish trade signal.