secwatch.observer — SEC 8-K summary
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Issuer:     Open Lending Corp (LPRO)
CIK:        0001806201
Form:       8-K
Filed at:   2025-03-31T23:59:59+00:00
Accession:  0001193125-25-068758
Event type: leadership
Sentiment:  neutral
Materiality: 0.70
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Open Lending names Jessica Buss CEO, Chuck Jehl interim CFO, Michelle Glasl COO
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- Jessica Buss appointed CEO effective March 31, 2025; previously CEO of Argo Group.
- Chuck Jehl remains interim CFO for 90-day transition; will stay on board after.
- Michelle Glasl appointed COO; joins from Argo Group as Head of Operations.
- Buss receives $800k base, 100% target bonus, 4.8M time-based stock options.
- Jehl gets accelerated vesting of 210,084 RSUs and 109,809 time-based RSUs; $10k legal fees.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1806201/000119312525068758/0001193125-25-068758-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1806201/000119312525068758/d901006d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-068758

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer