FELDSTEIN ERIC A 4

What Happened Eric A. Feldstein, a director of Open Lending Corp (LPRO), had 76,530 restricted stock units (RSUs) vest on May 21, 2026. The RSUs converted into 76,530 shares of LPRO common stock at an exercise/conversion price of $0.00, so no cash was exchanged. The Form 4 shows the derivative instrument was both exercised/converted (code M) and the underlying shares were acquired; there was no open-market sale reported.

Key Details

• Transaction date: May 21, 2026; Form 4 filed May 22, 2026 (appears timely).
• Transaction code: M (exercise/conversion of derivative).
• Shares acquired: 76,530 common shares; price per share reported $0.00; total cash = $0.
• Shares owned after transaction: Not specified in the filing.
• Footnotes: F1–F3 state these were RSUs that vested and converted into common shares on May 21, 2026; each RSU equals one share.
• No sale, 10b5-1 plan, tax-withholding details, or late-filing flags were disclosed in this Form 4.

Context This was a routine RSU vesting and conversion into stock, not an open-market purchase or sale. Such conversions are common compensation events for insiders and do not by themselves indicate buying or selling sentiment. The M code here simply reflects conversion/exercise of a derivative (the vested RSUs) into common stock.