Matthew Sather - 28 Jul 2026 Form 4 Insider Report for Open Lending Corp (LPRO)

Reporting relationship: Chief Underwriting Officer
Issuer ticker: LPRO
Reported as of: 28 Jul 2026
Net transaction value: $0
SEC form: 4
Accepted by SEC: 30 Jul 2026, 10:04:16 UTC
Prior SEC filing: 17 Mar 2026
Source filing: View source filing
Reporting owner signature: /s/ Ben Massey, as Attorney-in-Fact

Key filing fact

Matthew Sather filed Form 4 for Open Lending Corp (LPRO) on 30 Jul 2026.

Key facts

This page summarizes Matthew Sather's Form 4 filing for Open Lending Corp (LPRO).
5 reported transactions and 4 derivative rows are listed below.
Accepted by SEC: 30 Jul 2026, 10:04.

Change

Previous filing in this sequence was filed on 17 Mar 2026.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0002096103 Primary reporting owner

Sather Matthew

Relationship: Chief Underwriting Officer
Address: C/O OPEN LENDING CORPORATION, 1501 S. MOPAC EXPRESSWAY, SUITE 450, AUSTIN
Signature: /s/ Ben Massey, as Attorney-in-Fact
Signature date: 30 Jul 2026

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

LPRO transaction

Common Stock, par value $0.01 per share

Disposition pursuant to a tender of shares in a change of control transaction

Transaction value
Shares: -61,426
Change %: -100%
Price: $3.15^*
Shares after: 0
Date: 28 Jul 2026
Ownership: Direct
Footnotes: F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

LPRO transaction Derivative

Restricted Stock Units

Disposed to Issuer

Transaction value
Shares: -167,793
Change %: -100%
Price
Shares after: 0
Date: 30 Jul 2026
Ownership: Direct
Underlying class: Common Stock, par value $0.01 per share
Underlying amount: 167,793
Exercise price
Footnotes: F2

LPRO transaction Derivative

Stock Options

Disposed to Issuer

Transaction value
Shares: -114,379
Change %: -100%
Price
Shares after: 0
Date: 30 Jul 2026
Ownership: Direct
Underlying class: Common Stock, par value $0.01 per share
Underlying amount: 114,379
Exercise price: $2.50
Footnotes: F3

LPRO transaction Derivative

Performance Stock Units

Award

Transaction value
Shares: +123,338
Change %
Price
Shares after: 123,338
Date: 30 Jul 2026
Ownership: Direct
Underlying class: Common Stock, par value $0.01 per share
Underlying amount: 123,338
Exercise price
Footnotes: F4

LPRO transaction Derivative

Performance Stock Units

Disposed to Issuer

Transaction value
Shares: -123,338
Change %: -100%
Price
Shares after: 0
Date: 30 Jul 2026
Ownership: Direct
Underlying class: Common Stock, par value $0.01 per share
Underlying amount: 123,338
Exercise price
Footnotes: F4

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Matthew Sather is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 4 footnotes

Footnote F1

The Reporting Person tendered the shares of common stock in exchange for $3.15 per share in cash in the tender offer (the "Offer") made pursuant to the Agreement and Plan of Merger, dated as of June 15, 2026 (the "Merger Agreement"), among the Issuer, ANV Group Holdings Ltd. and Lakers Acquisition Sub, Inc.

Footnote F2

Pursuant to the Merger Agreement, each time-based restricted stock unit of the Issuer outstanding at the effective time of the merger (the "Effective Time") was cancelled and converted into the right to receive $3.15 in cash.

Footnote F3

Pursuant to the Merger Agreement, each stock option of the Issuer (each, an "Option") outstanding and unexercised at the Effective Time with an exercise price per share that is less than $3.15 was cancelled and converted into the right to receive a cash payment equal to (x) the total number of shares of common stock subject to such Option multiplied by (y) the excess of $3.15 over the applicable exercise price per share.

Footnote F4

Pursuant to the Merger Agreement, effective as of immediately prior to the Effective Time, each outstanding performance-based stock unit of the Issuer (each, a "PSU") vested on a one PSU for one share of common stock basis and, at the Effective Time, was cancelled and converted into the right to receive $3.15 in cash.