Glasl Michelle 4
Research Summary
AI-generated summary
Open Lending (LPRO) COO Michelle Glasl Receives Award of 118,142 RSUs
What Happened
- Michelle Glasl, Chief Operating Officer of Open Lending Corp (LPRO), was granted 118,142 restricted stock units (RSUs) on February 18, 2026. The award is reported as a derivative acquisition at $0.00 per unit (i.e., no cash purchase price). This is an equity award (code A) — not a market purchase or sale.
Key Details
- Transaction date: 2026-02-18; Form 4 filed: 2026-02-20 (timely filing).
- Grant size: 118,142 RSUs; reported acquisition price: $0.00 (derivative).
- Transaction code: A (award/grant).
- Shares owned after transaction: Not specified in the provided filing details.
- Footnotes: F1 — each RSU represents a contingent right to one share of LPRO common stock. F2 — RSUs vest in four equal annual installments beginning March 15, 2027.
- No 10b5-1 plan, tax-withholding sale, or late filing indicated in the filing information provided.
Context
- RSUs are a form of compensation that convert into actual shares only as they vest; this grant represents future potential ownership rather than an immediate market purchase. Such awards are common for executive compensation and retention; they do not by themselves signal buying or selling intent in the market.