Earnings Feed
Start Free
Open Lending Corp·4

Jun 5, 5:22 PM ET

Hart Todd C 4

Research Summary

AI-generated summary

Updated

Open Lending (LPRO) Director Todd C. Hart Receives 13,933 Shares

What Happened
Todd C. Hart, a director of Open Lending Corp (LPRO), had 13,933 restricted stock units (RSUs) vest on June 3, 2026. The filing reports the RSUs converted into 13,933 shares of LPRO common stock. The conversion is reported with a $0.00 per-share acquisition price (no cash payment required).

Key Details

  • Transaction date: June 3, 2026; Form 4 filed June 5, 2026 (file appears timely).
  • Reported transaction code: M (exercise or conversion of a derivative instrument).
  • Shares acquired: 13,933 common shares via RSU vesting; reported acquisition price $0.00.
  • Corresponding derivative entry: same 13,933 RSUs shown as disposed/converted.
  • Footnotes: F1–F3 confirm these were RSUs that vested on June 3, 2026 and each RSU equals one share.
  • Shares owned after the transaction: not specified in the provided filing details.

Context
This was a vesting/conversion of RSUs (a non-cash award), not an open-market purchase or sale. The filing shows the derivative (RSU) was converted into shares — a common way executives and directors receive stock compensation. Such vesting events are routine compensation-related transactions and do not by themselves indicate buying or selling intent.