Massey Ben 4
4 · Open Lending Corp · Filed Feb 20, 2026
Research Summary
AI-generated summary of this filing
Open Lending (LPRO) General Counsel Ben Massey Receives Award
What Happened
Ben Massey, General Counsel of Open Lending Corp (LPRO), received an award of 92,857 restricted stock units (RSUs) on February 18, 2026. The RSUs are reported as a derivative acquisition (code A) at an acquisition price of $0.00 (typical for RSU grants). This is an award/compensation grant rather than an open‑market purchase or sale.
Key Details
- Transaction date: 2026-02-18; Form 4 filed: 2026-02-20 (filed within the normal two-business-day window).
- Instrument: 92,857 restricted stock units (derivative award), acquisition price reported as $0.00.
- Shares owned after transaction: Not disclosed in this filing.
- Footnotes: F1 — Each RSU represents a contingent right to receive one share of LPRO common stock. F2 — RSUs vest in four equal annual installments beginning March 15, 2027.
- Transaction code: A = Award/Grant (derivative).
Context
RSUs are a form of equity compensation that convert to shares only if vesting conditions are met; they do not provide immediate sale proceeds. The first vesting tranche is scheduled for March 15, 2027, so these awards are structured for future retention rather than immediate liquidity. This Form 4 reports the grant itself and contains no sale or purchase of shares.
Insider Transaction Report
- Award
Restricted Stock Units
[F1][F2]2026-02-18+92,857→ 176,513 total→ Common Stock, par value $0.01 per share (92,857 underlying)
Footnotes (2)
- [F1]Each restricted stock unit represents a contingent right to receive one share of LPRO common stock.
- [F2]These restricted stock units vest in four equal annual installments beginning on March 15, 2027.