---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-22-026565"
form_type: "8-K"
ticker: "LPRO"
cik: "0001806201"
company_name: "Open Lending Corp"
filed_at: "2022-10-18T23:59:59+00:00"
generated_at: "2026-06-23T03:02:58.626559+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Open Lending enters consulting agreement with former President/COO Ross Jessup at $50K/month for 6 months

## Summary
- Ross Jessup retired as President/COO on Oct 5, 2022; consulting agreement effective Oct 17, 2022.
- Consulting fee of $50,000/month for advisory services; term six months with possible 30-day extension.
- Either party may terminate with 10 days' written notice; Jessup is independent contractor, not employee.
- No other changes in executive leadership or compensation arrangements reported.

## SEC filing metadata
- accession: 0001628280-22-026565
- form_type: 8-K
- ticker: LPRO
- cik: 0001806201
- company_name: Open Lending Corp
- filed_at: 2022-10-18T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1806201/000162828022026565/0001628280-22-026565-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1806201/000162828022026565/lpro-20221017.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-22-026565
- JSON: https://secwatch.observer/filing/0001628280-22-026565.json
- Plain text: https://secwatch.observer/filing/0001628280-22-026565.txt

## Key facts
- Executive change
  Ross M. Jessup retired as President and Chief Operating Officer at Open Lending Corp.
  - Action: retired
  - Role: President and Chief Operating Officer
  source text: the Consultant announced his retirement as President and Chief Operating Officer of the Company on October 5, 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/1806201/000162828022026565/0001628280-22-026565-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.