Open Lending appoints Massimo Monaco as CFO, effective Aug 18, 2025

Open Lending Corp

Massimo Monaco, former CFO of Arc Home LLC, appointed CFO effective August 18, 2025.
Employment agreement includes $400k base salary, 100% target bonus, $300k sign-on bonus.
RSU grant of $600k vesting over 4 years; 2026 long-term incentive target of 150% of salary.
Severance: 12 months salary + COBRA for good reason or without cause; change-in-control provides lump sum 1x salary+bonus.

item 5.02item 9.01

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