Massey Ben 4

What Happened
Ben Massey, General Counsel of Open Lending Corp (LPRO), had restricted stock units (RSUs) vest on March 15, 2026. A total of 24,736 shares converted from RSUs into common stock at no exercise price (reported as $0). To satisfy tax withholding obligations, 6,021 shares were surrendered at $1.45 per share for a total withholding of $8,730 (per the filing). Net shares delivered to Massey after withholding were 18,715.

Key Details

• Transaction date: March 15, 2026; Form 4 filed March 17, 2026 (timely within reporting window).
• Vesting/conversion: 24,736 shares acquired via conversion of RSUs (reported as Exercise/Conversion, code M) at $0.00.
• Tax withholding: 6,021 shares disposed (code F) at $1.45 per share; total withholding reported $8,730.
• Net shares received: 18,715 (24,736 vested minus 6,021 withheld).
• Shares owned after transaction: Not specified in the provided entries.
• Footnotes from the filing: these were RSUs that vested on March 15, 2026; each RSU equals one share and converted into common stock; withholding reflects shares surrendered to cover tax liability.

Context
This was not an open-market buy or sale for cash but a routine vesting/settlement of executive RSUs with shares withheld to pay taxes (a common practice). The filing shows conversion of derivative awards (RSUs) into shares and a portion withheld—no cash purchase was reported.