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Charles S. Coleman, EVP, CLO & Secretary of OPENLANE, Inc. (KAR), reported option exercises and share dispositions dated 08/07/2025. The filing shows option-related acquisitions and market sales tied to those exercises, with specific strike and sale prices disclosed.

The report records exercises at a $13.81 strike producing shares and subsequent sales totaling 59,289 common shares at a weighted average sale price of $27.97 (sales ranged from $27.76 to $28.53). Following these transactions the reporting person holds 53,474.483 shares directly. The filer retains derivative exposure through 39,526 employee stock options (exercise price $13.81; expiration 03/04/2031). Footnotes describe grant date (03/04/2021) and vesting conditions for the options.

OPENLANE, Inc. (KAR) filed a Form 144 disclosing the proposed sale of 59,289 common shares through Fidelity Brokerage Services. The shares carry an aggregate market value of $1.72 million and are expected to be sold on or after 08/07/2025 on the NYSE. The sale represents roughly 0.06 % of the company鈥檚 106.3 million shares outstanding, indicating a modest transaction size relative to the float.

The filer acquired the stock via option exercise dated the same day and originating from options granted on 03/04/2021. No sales by this person occurred in the past three months. The signatory certifies unawareness of any undisclosed material adverse information. Other identifying details of the seller, relationship to issuer and contact data were not provided in the excerpt.

OPENLANE, Inc. (KAR) posted materially stronger Q2 2025 results. Total revenue rose 9% YoY to $481.7 m, driven by a 24% jump in auction fees and a 23% increase in purchased-vehicle sales; service revenue fell 3%. Operating profit more than doubled to $47.4 m (9.8% margin vs. 5.4%), aided by lower finance interest expense and credit-loss provisions. Net income from continuing ops reached $33.4 m (diluted EPS $0.15) versus $10.7 m (nil EPS) last year.

Segment detail. Marketplace revenue climbed 12% to $375.5 m on a 21% surge in dealer-consignment volumes (commercial volumes 鈭�9%). Finance revenue was nearly flat at $106.2 m, but credit losses fell to $8.7 m from $13.3 m, lifting segment operating profit to $35.5 m. Six-month figures show revenue up 8% to $941.8 m and net income up 141% to $70.3 m.

Balance sheet & liquidity. Cash declined to $119 m (from $143 m YE 2024) after retiring the remaining $210 m 5.125% senior notes and funding $9.4 m of Q2 share buybacks. The company has no long-term corporate debt outstanding and $410.9 m undrawn on its revolving facilities. Obligations collateralized by finance receivables stand at $1.725 b. Shareholder authorization for a new $250 m repurchase program leaves $240.6 m available; an additional $21.9 m in buybacks occurred in July.

Outlook items. Management notes improving wholesale supply as new-vehicle production normalizes, while dealer consignment momentum continues. Recently enacted U.S. tax law (OBBBA) is expected to reduce deferred-tax valuation allowances in H2 2025.

OPENLANE, Inc. (KAR) 鈥� Form 4 insider filing

Director Mary Ellen Smith received 946 shares of KAR common stock on 30 Jun 2025 at an assigned value of $24.45 per share. The stock was issued in lieu of the normal quarterly cash retainer for board and committee service, indicating a preference for equity compensation over cash. Following the transaction, Smith鈥檚 direct beneficial ownership increased to 36,724 shares. No derivative securities were reported.

The filing represents a routine, low-dollar insider acquisition (<鈮� $23 k) rather than an open-market purchase. While the amount is immaterial relative to the company鈥檚 market capitalization / average daily volume, it modestly strengthens insider-alignment signals by converting cash compensation into equity.