secwatch.observer — SEC 8-K summary
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Issuer:     Open Lending Corp (LPRO)
CIK:        0001806201
Form:       8-K
Filed at:   2026-03-06T23:59:59+00:00
Accession:  0001806201-26-000018
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1806201/000180620126000018/0001806201-26-000018-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1806201/000180620126000018/lpro-20260306.htm
  HTML page:      https://secwatch.observer/filing/0001806201-26-000018

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