secwatch.observer — SEC 8-K summary
======================================

Issuer:     Open Lending Corp (LPRO)
CIK:        0001806201
Form:       8-K
Filed at:   2025-12-05T23:59:59+00:00
Accession:  0001806201-25-000126
Event type: leadership
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Open Lending finalizes separation agreement with former CRO Matthew Roe
-----------------------------------------------------------------------

- Matthew Roe, former Chief Revenue Officer, terminated effective July 29, 2025; separation agreement dated Dec 2, 2025.
- Severance includes $161,538 (6 months base salary) plus $17,458 COBRA payment.
- Payments: $134,615 on Dec 15, 2025; $26,923 on Jan 30, 2026; COBRA lump sum within 30 days.
- Agreement includes general release of claims, non-disparagement, confidentiality, and 6-month non-solicitation.
- No replacement named; company will provide neutral reference only.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1806201/000180620125000126/0001806201-25-000126-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1806201/000180620125000126/lpro-20251202.htm
  HTML page:      https://secwatch.observer/filing/0001806201-25-000126

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer