---
schema_version: "secwatch.filing_event.v1"
accession: "0001806201-26-000018"
form_type: "8-K"
ticker: "LPRO"
cik: "0001806201"
company_name: "Open Lending Corp"
filed_at: "2026-03-06T23:59:59+00:00"
generated_at: "2026-05-15T18:52:19.645195+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Open Lending enters cooperation with Palogic, adds new director nominee; director Jehl departs

## Summary
- Cooperation agreement with Palogic includes board seat for William Dabbs Cavin as Class III director nominee at 2026 annual meeting.
- Board will recommend stockholder vote for declassification proposal to elect all directors annually.
- Palogic agrees to standstill, voting support, and ownership cap at 9.9% of outstanding common shares.
- Director Charles D. Jehl will not stand for re-election at 2026 annual meeting; no disagreements cited.
- Cooperation period runs until 30 days before 2027 annual meeting nomination period.

## SEC filing metadata
- accession: 0001806201-26-000018
- form_type: 8-K
- ticker: LPRO
- cik: 0001806201
- company_name: Open Lending Corp
- filed_at: 2026-03-06T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1806201/000180620126000018/0001806201-26-000018-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1806201/000180620126000018/lpro-20260306.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001806201-26-000018
- JSON: https://secwatch.observer/filing/0001806201-26-000018.json
- Plain text: https://secwatch.observer/filing/0001806201-26-000018.txt

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