Open Lending Corp

Overview

• IndustryPersonal Credit Institutions¹
• HeadquartersAustin, Texas¹
• Business address1501 S. Mopac Expressway, Suite #450, Austin, Tx 78746²
• Filer categoryNon-accelerated filer, Smaller reporting company²

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We are a leading provider of lending enablement and risk analytics to credit unions, regional banks, finance companies and the captive finance companies of automakers (“OEM captive finance companies”). Through our flagship product, LPP, our customers, collectively referred to herein as automotive lenders or lenders, make automotive consumer loans to underserved near-prime and non-prime borrowers by harnessing our risk-based interest rate pricing models, powered by our proprietary data and real-time underwriting of automotive loan default insurance coverage from insurers. Since our inception in 2000, we have facilitated over one million automotive loans through LPP, representing over $27.9 billion in originations, and we have accumulated approximately 25 years of proprietary data and developed over two million unique risk profiles. We currently serve 450 active lenders.⁴ From its latest annual report

Corporate structure

Open Lending Corp sits at the top of its group. 3 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Built from subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Open Lending Corp reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

Investments

Properties, in its own words

We lease our office space, which includes 25,368 square feet located at 1501 South MoPac Expressway, Suite 450, Austin, TX 78746 and 5,421 square feet located at Tower 909 Building, 909 Lake Carolyn Parkway, Irving, TX 75039. We believe our current office space is sufficient to meet our needs until the expiration of our leases.

Item 2 of the 10-K filed Mar 12, 2026.⁴

Leadership

Who has led Open Lending Corp, and when. Pick a name to see everywhere that person has worked.

• Chief executive officerJessica Elizabeth Buss Apr 15, 2025 to now¹⁴
• Chief executive officerKeith Jezek Oct 12, 2022 to Mar 19, 2024¹⁵
• Chief financial officerMassimo Monaco Aug 26, 2025 to now¹⁶
• Chief financial officerCharles D. Jehl Sep 8, 2020 to Aug 26, 2025¹⁷
• Chief operating officerMichelle Glasl Apr 4, 2025 to now¹⁸
• Chief operating officerRoss M. Jessup Nov 8, 2022 to Nov 8, 2022¹⁹

Subsidiaries and ownership

Subsidiaries (Exhibit 21)

• Insurance Administrative Services, LLC Delaware³
• Lenders Protection, LLC Delaware³
• Open Lending, LLC Texas³

The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.

Former names

• Nebula Parent Corp.Mar 18, 2020 to Jun 12, 2020²

Timeline

1. Jul 31, 20268-K Executive or director change⁴⁶
2. Jul 30, 20268-K Ended a material agreement; Completed an acquisition or sale; Listing notice or transfer⁴⁷
3. Jun 16, 20268-K Entered a material agreement; Regulation FD disclosure⁴⁸
4. Jun 9, 20268-K Executive or director change⁴⁹
5. Jun 4, 20268-K Shareholder vote⁵⁰
6. May 7, 20268-K Results of operations⁵¹
7. Mar 12, 20268-K Results of operations⁵²
8. Mar 6, 20268-K Entered a material agreement; Executive or director change⁵³
9. Dec 5, 20258-K Executive or director change⁵⁴
10. Nov 25, 20258-K Executive or director change⁵⁵
11. Nov 6, 20258-K Results of operations⁵⁶
12. Oct 7, 20258-K Executive or director change⁵⁷
13. Apr 15, 2025New chief executive Jessica Elizabeth Buss becomes CEO¹⁴
14. Oct 12, 2022New chief executive Keith Jezek becomes CEO¹⁵

Calendar

When it reported results

1. May 7, 2026Reported quarterly or annual results⁵¹
2. Mar 12, 2026Reported quarterly or annual results⁵²
3. Nov 6, 2025Reported quarterly or annual results⁵⁶
4. Aug 6, 2025Reported quarterly or annual results⁵⁸
5. Aug 4, 2025Reported quarterly or annual results⁵⁹
6. May 7, 2025Reported quarterly or annual results⁶⁰
7. Mar 31, 2025Reported quarterly or annual results⁶¹
8. Nov 7, 2024Reported quarterly or annual results⁶²

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

350 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 51 major events, 199 insider forms, 34 large holders, 46 other. The latest 20:

1. Aug 10, 202615-12G EDGAR
2. Jul 31, 20264 EDGAR
3. Jul 31, 20268-K EDGAR
4. Jul 30, 20264 EDGAR
5. Jul 30, 20264 EDGAR
6. Jul 30, 20264 EDGAR
7. Jul 30, 20264 EDGAR
8. Jul 30, 20264 EDGAR
9. Jul 30, 20264 EDGAR
10. Jul 30, 20264 EDGAR
11. Jul 30, 20264 EDGAR
12. Jul 30, 20264 EDGAR
13. Jul 30, 20264 EDGAR
14. Jul 30, 2026SCHEDULE 13D/A EDGAR
15. Jul 30, 2026SCHEDULE 13D/A EDGAR
16. Jul 30, 2026S-8 POS EDGAR
17. Jul 30, 20268-K EDGAR
18. Jul 28, 2026SC 14D9/A EDGAR
19. Jul 28, 2026SC TO-T/A EDGAR
20. Jul 24, 2026SC 14D9/A EDGAR

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

24 open-market trades by officers, directors and large owners since October 2021: 3 buys and 21 sales. Grants, option exercises and gifts are left out.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

• Bregal Sagemount I, L.P.SCHEDULE 13D/A, 2 filings Jun 16, 2026 to Jul 30, 2026⁶³
• True Wind Capital, L.P.SCHEDULE 13D/A, 2 filings Jun 17, 2026 to Jul 30, 2026⁶⁴
• WASATCH ADVISORS LPSCHEDULE 13G/A, 7 filings Feb 10, 2022 to Jul 17, 2026⁶⁵
• Whetstone Capital Advisors, LLCSCHEDULE 13G/A, 2 filings Jan 16, 2026 to May 1, 2026⁶⁶
• Portolan Capital Management, LLCSCHEDULE 13G, 1 filing Feb 26, 2026⁶⁷
• VANGUARD GROUP INCSCHEDULE 13G/A, 5 filings Feb 10, 2022 to Jul 29, 2025⁶⁸
• Palogic Value Management, L.P.SCHEDULE 13D/A, 2 filings Apr 14, 2025 to Jul 7, 2025⁶⁹
• Working Capital Advisors (UK) Ltd.SCHEDULE 13G/A, 2 filings May 14, 2025 to May 15, 2025⁷⁰
• PRICE T ROWE ASSOCIATES INC /MD/SCHEDULE 13G/A, 8 filings Feb 14, 2023 to May 7, 2025⁷¹
• SCOGGIN MANAGEMENT LPSCHEDULE 13G, 1 filing Apr 18, 2025⁷²
• Working Capital Management Pte. Ltd.SC 13G/A, 2 filings Sep 25, 2023 to Feb 13, 2024⁷³

Executive pay

What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.

SEC filer profile

How Open Lending Corp is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

• Name on EDGAROpen Lending Corp¹
• CIK0001806201
• Employer ID (EIN)84-5031428⁴
• Filer statusNon-accelerated filer not an emerging growth company; a smaller reporting company; not a shell company⁴
• Incorporated inDelaware⁴
• Fiscal year endsDecember 31¹
• Industry code (SIC)6141 Personal Credit Institutions¹
• SEC reviewing officeOffice of Finance, Division of Corporation Finance¹
• Business address1501 S. Mopac Expressway, Suite #450, Austin, TX 78746¹
• Phone512-892-0400¹
• Shares outstanding118,217,082 as of May 5, 2026¹²
• Public float$198.1M as of Jun 30, 2025⁴
• AuditorErnst & Young LLP, Austin, Texas PCAOB ID 42; no auditor attestation of internal control over financial reporting⁴
• On EDGAR sinceMar 18, 2020¹
• Filings510 in all: 4 (229), 8-K (71), 3 (31), 10-Q (18), SC 13G/A (16), 144 (14), CORRESP (11), SCHEDULE 13G/A (10)¹
  All 48 form types

  424B3 (8), 4/A (7), DEFA14A (7), 10-K (6), DEF 14A (6), SC 13G (6), UPLOAD (6), EFFECT (5), SC 13D/A (5), SCHEDULE 13D/A (5), ARS (4), SCHEDULE 13G (4), S-1 (3), S-4/A (3), SC 14D9/A (3), SC TO-T/A (3), 424B4 (2), DRS (2), S-1MEF (2), SC 13D (2), SC TO-C (2), 10-Q/A (1), 144/A (1), 15-12G (1), 25-NSE (1), 3/A (1), 8-A12B (1), 8-K/A (1), CERT (1), NT 10-K (1), POS AM (1), PRE 14A (1), S-1/A (1), S-4 (1), S-8 (1), S-8 POS (1), SC 14D9 (1), SC TO-T (1), SC14D9C (1), SCHEDULE 13D (1)

• Latest filingsAnnual report (10-K) Mar 12, 2026
  Quarterly report (10-Q) May 8, 2026
  Proxy statement (DEF 14A) Apr 20, 2026
  Latest 8-K (8-K) Jul 31, 2026

Securities registered for trading

From the cover page of the 10-K filed Mar 12, 2026 (Section 12(b) of the Exchange Act).⁴

Risk factors and legal proceedings

The risks Open Lending Corp names in Item 1A of its 10-K filed Mar 12, 2026: 50 risks under these headings, as written.⁴

• Risks Related to Our Business
• Risks Related to Our Regulatory Environment
• Risks Related to Ownership of Our Common Stock
• Our results of operations and continued growth depend on our ability to retain existing, and attract new, automotive lenders.
• Our revenue is impacted, to a significant extent, by economic, political and market conditions as well as the financial performance of automotive lenders.
• A significant percentage of our program fee revenue is concentrated with our top ten automotive lenders, and the loss of one or more significant automotive lenders could have a negative impact on operating results.
• Our results depend, to a significant extent, on the active and effective adoption of LPP by automotive lenders.
• If we lose one or more of our insurance partners and are unable to replace their commitments, it could have a material adverse effect on our business.
• We use estimates in recognizing profit share revenue, and changes in these estimates have affected and may in the future adversely affect our revenues and future expected cash flows.
• We rely extensively on models in managing many aspects of our business. Any inaccuracies or errors in our models could have an adverse effect on our business.
• We have in the past recorded, and may in the future record, significant valuation allowances on our deferred tax assets, which may have a material impact on our results of operations and cause fluctuations in such results.
• We have pursued and may in the future continue to pursue growth opportunities, which may result in significant demands on operational, administrative and financial resources.

Legal proceedings

As of the date of this Annual Report, we are not a party to any material legal proceedings. In the future, we may become party to legal matters and claims arising in the ordinary course of business, the resolution of which we do not anticipate would have a material adverse impact on our financial position, results of operations or cash flows.

The opening of Item 3, Legal Proceedings.⁴