---
schema_version: "secwatch.filing_event.v1"
accession: "0001806201-25-000076"
form_type: "8-K"
ticker: "LPRO"
cik: "0001806201"
company_name: "Open Lending Corp"
filed_at: "2025-07-24T23:59:59+00:00"
generated_at: "2026-05-18T02:29:35.461101+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001806201-25-000076
- form_type: 8-K
- ticker: LPRO
- cik: 0001806201
- company_name: Open Lending Corp
- filed_at: 2025-07-24T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1806201/000180620125000076/0001806201-25-000076-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1806201/000180620125000076/lpro-20250721.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001806201-25-000076
- JSON: https://secwatch.observer/filing/0001806201-25-000076.json
- Plain text: https://secwatch.observer/filing/0001806201-25-000076.txt

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