Open Lending (LPRO) Director Abhijit Chaudhary Receives 14,943 Shares

What Happened
Abhijit Chaudhary, a director of Open Lending Corp (LPRO), reported the conversion of 14,943 restricted stock units (RSUs) into 14,943 shares on June 3, 2026. The Form 4 shows an acquisition of 14,943 shares at $0.00 (total $0) and a corresponding disposition entry for 14,943 derivative units at $0.00 — reflecting the RSUs converting into common stock rather than an open‑market purchase or sale.

Key Details

• Transaction date: June 3, 2026; Form 4 filed: June 5, 2026 (within required reporting window).
• Instrument / code: "M" — Exercise or conversion of a derivative (here, RSU conversion).
• Shares acquired: 14,943 common shares at $0.00 (total value $0).
• Derivative disposed: 14,943 RSU units at $0.00 (conversion of the RSU).
• Footnotes: F1–F3 state these were RSUs that vested on June 3, 2026; each RSU equals one share and they converted into common stock upon vesting.
• Shares owned after transaction: not specified in the provided excerpt of the filing.

Context
This was a routine equity compensation event (RSU vesting and conversion to shares), not an open‑market buy or sale of stock. No cash changed hands per the $0.00 entries; the filing does not indicate an immediate sale of the shares. Such vesting is common as part of director compensation and does not, by itself, signal a buy or sell preference by the insider.