AG˹ٷ

STOCK TITAN

[Form 4] OPENLANE, Inc Insider Trading Activity

Filing Impact
(High)
Filing Sentiment
(Negative)
Form Type
4
Rhea-AI Filing Summary

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.

Charles S. Coleman, EVP, CLO & Secretary di OPENLANE, Inc. (KAR), ha segnalato esercizi di opzioni e cessioni di azioni in data 08/07/2025. La comunicazione indica acquisizioni legate alle opzioni e vendite sul mercato conseguenti a tali esercizi, con i prezzi di esercizio e di vendita specificati.

Il rapporto registra esercizi al prezzo di esercizio di $13.81 che hanno generato azioni e successive vendite per un totale di 59,289 azioni ordinarie a un prezzo medio ponderato di vendita di $27.97 (vendite da $27.76 a $28.53). Dopo queste operazioni la persona segnalante detiene direttamente 53,474.483 azioni. Il dichiarante mantiene esposizione derivativa tramite 39,526 stock option per dipendenti (prezzo di esercizio $13.81; scadenza 03/04/2031). Le note descrivono la data di assegnazione (03/04/2021) e le condizioni di maturazione delle opzioni.

Charles S. Coleman, EVP, CLO y Secretario de OPENLANE, Inc. (KAR), reportó ejercicios de opciones y disposiciones de acciones con fecha 08/07/2025. El informe muestra adquisiciones vinculadas a las opciones y ventas en el mercado asociadas a esos ejercicios, con los precios de ejercicio y de venta especificados.

El reporte registra ejercicios al precio de ejercicio de $13.81 que generaron acciones y ventas posteriores por un total de 59,289 acciones ordinarias a un precio de venta promedio ponderado de $27.97 (ventas entre $27.76 y $28.53). Tras estas transacciones, la persona informante posee directamente 53,474.483 acciones. El declarante mantiene exposición derivada a través de 39,526 opciones sobre acciones de empleados (precio de ejercicio $13.81; vencimiento 03/04/2031). Las notas describen la fecha de concesión (03/04/2021) y las condiciones de adquisición de las opciones.

Charles S. Coleman, OPENLANE, Inc. (KAR)� EVP, CLO � 서기로서 08/07/2025� 옵션 행사 � 주식 처분� 신고했습니다. 제출 서류에는 옵션 행사� 인한 취득� 그에 따른 시장 매도가 포함되어 있으�, 행사 가격과 매도가가 구체적으� 기재되어 있습니다.

보고섵ӗ� $13.81 행사가� 옵션� 행사� 주식� 발생했고, 이후 � 59,289 보통주가 가중평� 매도단가 $27.97� 매도되었다고 기재되어 있습니다(매도 범위: $27.76 ~ $28.53). � 거래� 이후 신고인은 직접적으� 53,474.483주를 보유하고 있습니다. 또한 신고인은 39,526개의 종업� 스톡옵션� 통해 파생� 노출� 보유하고 있습니다(행사가 $13.81; 만기 03/04/2031). 각주에는 부여일(03/04/2021)� 옵션� 베스� 조건� 설명되어 있습니다.

Charles S. Coleman, EVP, CLO et secrétaire d'OPENLANE, Inc. (KAR), a déclaré des exercices d'options et des cessions d'actions datés 08/07/2025. Le dépôt indique des acquisitions liées aux options et des ventes sur le marché associées à ces exercices, avec les prix d'exercice et de vente spécifiés.

Le rapport enregistre des exercices au prix d'exercice de $13.81 ayant généré des actions et des ventes ultérieures totalisant 59,289 actions ordinaires à un prix de vente moyen pondéré de $27.97 (ventes comprises entre $27.76 et $28.53). À la suite de ces opérations, la personne déclarante détient directement 53,474.483 actions. Le déclarant conserve une exposition dérivée via 39,526 options d'achat d'actions attribuées aux employés (prix d'exercice $13.81 ; échéance 03/04/2031). Les notes expliquent la date d'attribution (03/04/2021) et les conditions d'acquisition des options.

Charles S. Coleman, EVP, CLO & Secretary von OPENLANE, Inc. (KAR), meldete Optionsausübungen und Aktienveräußerungen datiert 08/07/2025. Die Einreichung weist optionenbezogene Erwerbe und anschließende Marktverkäufe aus, wobei Ausübungs- und Verkaufspreise angegeben sind.

Der Bericht verzeichnet Ausübungen zum Ausübungspreis von $13.81, wodurch Aktien entstanden, sowie nachfolgende Verkäufe von insgesamt 59,289 Stammaktien zu einem gewogenen Durchschnittsverkaufspreis von $27.97 (Verkäufe reichten von $27.76 bis $28.53). Nach diesen Transaktionen hält die meldepflichtige Person direkt 53,474.483 Aktien. Der Meldende behält derivativen Exposure über 39,526 Mitarbeiter-Aktienoptionen (Ausübungspreis $13.81; Laufzeit bis 03/04/2031). Fußnoten beschreiben das Gewährungsdatum (03/04/2021) und die Vesting-Bedingungen der Optionen.

Positive
  • None.
Negative
  • None.

Insights

TL;DR: Routine option exercise followed by market sales; insider still maintains a meaningful direct stake and outstanding options.

The filing documents the exercise of employee stock options with a $13.81 strike and near-immediate disposition of the resulting shares, yielding sales of 59,289 shares at a weighted average of $27.97 (range $27.76�$28.53). After the transactions the reporting person holds 53,474.483 shares directly and continues to hold 39,526 options expiring 03/04/2031. This is a material disclosure for equity liquidity and insider turnover, but it is consistent with option-exercise mechanics and does not by itself indicate company-level operational changes.

TL;DR: Transaction pattern is typical of option monetization; vesting and grant terms are disclosed in-footnote.

The form identifies grants dated 03/04/2021 with vesting triggers described in the footnotes (25% increments tied to service and share-price hurdles). The reporting shows an exercise price of $13.81 and post-exercise sales at a weighted average of $27.97. The filing properly discloses the number of securities acquired, disposed of, and the remaining beneficial ownership (53,474.483 shares direct and 39,526 options). From a governance perspective this appears to be an orderly, disclosed monetization of vested compensation rather than an unscheduled, unexplained transfer.

Charles S. Coleman, EVP, CLO & Secretary di OPENLANE, Inc. (KAR), ha segnalato esercizi di opzioni e cessioni di azioni in data 08/07/2025. La comunicazione indica acquisizioni legate alle opzioni e vendite sul mercato conseguenti a tali esercizi, con i prezzi di esercizio e di vendita specificati.

Il rapporto registra esercizi al prezzo di esercizio di $13.81 che hanno generato azioni e successive vendite per un totale di 59,289 azioni ordinarie a un prezzo medio ponderato di vendita di $27.97 (vendite da $27.76 a $28.53). Dopo queste operazioni la persona segnalante detiene direttamente 53,474.483 azioni. Il dichiarante mantiene esposizione derivativa tramite 39,526 stock option per dipendenti (prezzo di esercizio $13.81; scadenza 03/04/2031). Le note descrivono la data di assegnazione (03/04/2021) e le condizioni di maturazione delle opzioni.

Charles S. Coleman, EVP, CLO y Secretario de OPENLANE, Inc. (KAR), reportó ejercicios de opciones y disposiciones de acciones con fecha 08/07/2025. El informe muestra adquisiciones vinculadas a las opciones y ventas en el mercado asociadas a esos ejercicios, con los precios de ejercicio y de venta especificados.

El reporte registra ejercicios al precio de ejercicio de $13.81 que generaron acciones y ventas posteriores por un total de 59,289 acciones ordinarias a un precio de venta promedio ponderado de $27.97 (ventas entre $27.76 y $28.53). Tras estas transacciones, la persona informante posee directamente 53,474.483 acciones. El declarante mantiene exposición derivada a través de 39,526 opciones sobre acciones de empleados (precio de ejercicio $13.81; vencimiento 03/04/2031). Las notas describen la fecha de concesión (03/04/2021) y las condiciones de adquisición de las opciones.

Charles S. Coleman, OPENLANE, Inc. (KAR)� EVP, CLO � 서기로서 08/07/2025� 옵션 행사 � 주식 처분� 신고했습니다. 제출 서류에는 옵션 행사� 인한 취득� 그에 따른 시장 매도가 포함되어 있으�, 행사 가격과 매도가가 구체적으� 기재되어 있습니다.

보고섵ӗ� $13.81 행사가� 옵션� 행사� 주식� 발생했고, 이후 � 59,289 보통주가 가중평� 매도단가 $27.97� 매도되었다고 기재되어 있습니다(매도 범위: $27.76 ~ $28.53). � 거래� 이후 신고인은 직접적으� 53,474.483주를 보유하고 있습니다. 또한 신고인은 39,526개의 종업� 스톡옵션� 통해 파생� 노출� 보유하고 있습니다(행사가 $13.81; 만기 03/04/2031). 각주에는 부여일(03/04/2021)� 옵션� 베스� 조건� 설명되어 있습니다.

Charles S. Coleman, EVP, CLO et secrétaire d'OPENLANE, Inc. (KAR), a déclaré des exercices d'options et des cessions d'actions datés 08/07/2025. Le dépôt indique des acquisitions liées aux options et des ventes sur le marché associées à ces exercices, avec les prix d'exercice et de vente spécifiés.

Le rapport enregistre des exercices au prix d'exercice de $13.81 ayant généré des actions et des ventes ultérieures totalisant 59,289 actions ordinaires à un prix de vente moyen pondéré de $27.97 (ventes comprises entre $27.76 et $28.53). À la suite de ces opérations, la personne déclarante détient directement 53,474.483 actions. Le déclarant conserve une exposition dérivée via 39,526 options d'achat d'actions attribuées aux employés (prix d'exercice $13.81 ; échéance 03/04/2031). Les notes expliquent la date d'attribution (03/04/2021) et les conditions d'acquisition des options.

Charles S. Coleman, EVP, CLO & Secretary von OPENLANE, Inc. (KAR), meldete Optionsausübungen und Aktienveräußerungen datiert 08/07/2025. Die Einreichung weist optionenbezogene Erwerbe und anschließende Marktverkäufe aus, wobei Ausübungs- und Verkaufspreise angegeben sind.

Der Bericht verzeichnet Ausübungen zum Ausübungspreis von $13.81, wodurch Aktien entstanden, sowie nachfolgende Verkäufe von insgesamt 59,289 Stammaktien zu einem gewogenen Durchschnittsverkaufspreis von $27.97 (Verkäufe reichten von $27.76 bis $28.53). Nach diesen Transaktionen hält die meldepflichtige Person direkt 53,474.483 Aktien. Der Meldende behält derivativen Exposure über 39,526 Mitarbeiter-Aktienoptionen (Ausübungspreis $13.81; Laufzeit bis 03/04/2031). Fußnoten beschreiben das Gewährungsdatum (03/04/2021) und die Vesting-Bedingungen der Optionen.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Coleman Charles S.

(Last) (First) (Middle)
C/O: OPENLANE, INC.
11299 NORTH ILLINOIS STREET

(Street)
CARMEL IN 46032

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
OPENLANE, Inc. [ KAR ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP, CLO & Secretary
3. Date of Earliest Transaction (Month/Day/Year)
08/07/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 08/07/2025 M 39,526 A $13.81 93,000.483 D
Common Stock 08/07/2025 S 39,526 D $27.97(1) 53,474.483 D
Common Stock 08/07/2025 M 19,763 A $13.81 73,237.483 D
Common Stock 08/07/2025 S 19,763 D $27.97(1) 53,474.483 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (right to buy) $13.81 08/07/2025 M 39,526 (2) 03/04/2031 Common Stock 39,526 $13.81 39,526 D
Employee Stock Option (right to buy) $13.81 08/07/2025 M 19,763 (3) 03/04/2031 Common Stock 19,763 $13.81 0 D
Explanation of Responses:
1. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $27.76 to $28.53 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
2. These options were granted on March 4, 2021 and become eligible to vest and become exercisable in equal 25% increments, each upon the later of the occurrence of the first four anniversaries of the grant date, respectively, and the attainment of the closing price of the Company's common stock at or above, for each respective 25% increment, $18.81, $23.81, $28.81, and $33.81, for twenty consecutive trading days, subject to continued employment through such vesting date.
3. These options were granted on March 4, 2021 and vested and became exercisable in equal installments on each of the first four anniversaries of the grant date, and were subject to continued employment through such vesting date.
Remarks:
Charles S. Coleman 08/08/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What transactions did the OPENLANE (KAR) insider report on 08/07/2025?

The filing shows option-related acquisitions and market sales dated 08/07/2025, including exercises and subsequent disposals of resulting common stock.

How many shares did Charles S. Coleman sell and at what price?

The reporting person sold a total of 59,289 shares at a weighted average price of $27.97 (sales ranged from $27.76 to $28.53).

How many shares does the reporting person own after these transactions?

After the reported transactions the filing shows the reporting person beneficially owns 53,474.483 shares directly.

What option positions remain after the transactions?

The filer retains 39,526 employee stock options with an exercise price of $13.81 and an expiration date of 03/04/2031.

When were the exercised options granted and what are the vesting terms?

Footnotes state the options were granted on 03/04/2021 and vest in four equal 25% increments tied to service and specified share-price hurdles for each tranche.
OPENLANE Inc.

NYSE:KAR

KAR Rankings

KAR Latest News

KAR Latest SEC Filings

KAR Stock Data

3.10B
104.98M
1.84%
104.63%
3.66%
Auto & Truck Dealerships
Retail-auto Dealers & Gasoline Stations
United States
CARMEL