secwatch.observer — SEC 8-K summary
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Issuer:     Open Lending Corp (LPRO)
CIK:        0001806201
Form:       8-K
Filed at:   2024-05-08T23:59:59+00:00
Accession:  0001806201-24-000099
Event type: leadership
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1806201/000180620124000099/0001806201-24-000099-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1806201/000180620124000099/lpro-20240502.htm
  HTML page:      https://secwatch.observer/filing/0001806201-24-000099

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