---
schema_version: "secwatch.filing_event.v1"
accession: "0001806201-24-000099"
form_type: "8-K"
ticker: "LPRO"
cik: "0001806201"
company_name: "Open Lending Corp"
filed_at: "2024-05-08T23:59:59+00:00"
generated_at: "2026-06-02T12:22:25.927354+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Open Lending terminates CIO Thinh Nguyen without cause; severance of $145,382 plus COBRA

## Summary
- Thinh Nguyen, CIO, terminated without cause effective May 2, 2024.
- Severance includes gross payment of $145,382.40 plus $4,008.60 for six months COBRA.
- Lump-sum payments due within 30 days; includes general release and cooperation clause.
- No successor CIO announced in the filing.

## SEC filing metadata
- accession: 0001806201-24-000099
- form_type: 8-K
- ticker: LPRO
- cik: 0001806201
- company_name: Open Lending Corp
- filed_at: 2024-05-08T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1806201/000180620124000099/0001806201-24-000099-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1806201/000180620124000099/lpro-20240502.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001806201-24-000099
- JSON: https://secwatch.observer/filing/0001806201-24-000099.json
- Plain text: https://secwatch.observer/filing/0001806201-24-000099.txt

## Key facts
- Executive change
  Thinh Nguyen was terminated as Chief Information Officer at Open Lending Corp.
  - Action: terminated
  - Role: Chief Information Officer
  source text: On May 2, 2024, Open Lending Corporation (the “Company”) terminated the employment of Thinh Nguyen, Chief Information Officer of the Company, without cause, effective as of May 2, 2024
  evidence_url: https://www.sec.gov/Archives/edgar/data/1806201/000180620124000099/0001806201-24-000099-index.htm

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