secwatch.observer — SEC 8-K summary
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Issuer:     Open Lending Corp (LPRO)
CIK:        0001806201
Form:       8-K
Filed at:   2026-06-04T21:24:48+00:00
Accession:  0001806201-26-000044
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.07
LLM model:  deepseek-v4-flash:cloud@v2

Open Lending stockholders approve reverse stock split and board declassification at annual meeting
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- Reverse stock split approved (ratio range 1:5 to 1:7); board to set exact ratio; 96.8M for, 5.2M against.
- Two Class III directors elected: Jessica Buss (59.7M for, 20.5M withhold) and William Dabbs Cavin (78.3M for, 1.9M withhold).
- Ratification of Ernst & Young as auditor for FY 2026 approved: 102.2M for, 95K against.
- Non-binding advisory vote on executive compensation approved: 54.2M for, 25.7M against.
- Stockholder proposal to declassify the board approved: 63.3M for, 16.8M against.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1806201/000180620126000044/0001806201-26-000044-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1806201/000180620126000044/lpro-20260603.htm
  HTML page:      https://secwatch.observer/filing/0001806201-26-000044

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