KAR (NYSE: KAR) insider files Form 144 to sell 88,062 common shares
Rhea-AI Filing Summary
A holder of KAR common stock filed a notice of proposed sale under Rule 144. The filing covers the planned sale of 88,062 common shares through Fidelity Brokerage Services LLC on the NYSE, with an aggregate market value of $2,277,283.32. The filing notes that 106,263,187 shares of the same class were outstanding at the time of the notice, providing context for the size of the sale.
The shares to be sold were acquired on 12/02/2025 through an option granted on 06/04/2021, and the consideration for the acquisition was paid in cash. By signing the notice, the seller represents that they are not aware of any undisclosed material adverse information about the issuer’s current or future operations.
Positive
- None.
Negative
- None.