secwatch.observer — SEC 8-K summary
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Issuer:     Open Lending Corp (LPRO)
CIK:        0001806201
Form:       8-K
Filed at:   2022-10-18T23:59:59+00:00
Accession:  0001628280-22-026565
Event type: leadership
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1806201/000162828022026565/0001628280-22-026565-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1806201/000162828022026565/lpro-20221017.htm
  HTML page:      https://secwatch.observer/filing/0001628280-22-026565

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