Welcome to our dedicated page for OPENLANE SEC filings (Ticker: OPLN), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The OPENLANE, Inc. (NYSE: OPLN) SEC filings page on Stock Titan is intended to provide access to the company’s regulatory disclosures once they are available through the EDGAR system. OPENLANE operates digital marketplaces for wholesale used vehicles, and its filings can give investors and analysts additional detail on its wholesale remarketing activities, digital marketplace operations and related financial information.
For a company in this space, key documents typically include annual reports on Form 10-K and quarterly reports on Form 10-Q, which describe the business, risk factors, segment information and financial results. Other filings, such as current reports on Form 8-K, can outline significant events, while proxy statements may discuss governance topics. Insider transaction reports on Form 4 can show purchases and sales of OPENLANE equity by directors, officers and other insiders.
As filings for OPLN become available, Stock Titan’s platform is designed to surface them in real time from EDGAR and pair them with AI-powered summaries. These summaries are aimed at helping users understand the structure and main points of lengthy documents such as 10-K and 10-Q reports, as well as highlighting notable items in Form 4 insider trading disclosures.
While no specific SEC filings are listed here yet for OPENLANE, this page will serve as a central location for future regulatory documents associated with the company’s wholesale used vehicle marketplace business and related activities.
Ignition Acquisition Holdings LP, a ten percent owner of OPENLANE, Inc., reported an indirect sale of 8,000,000 shares of Common Stock on 2026-08-13 at $34.36 per share. Following this transaction, Ignition Acquisition Holdings LP is reported as indirectly holding 8,424,728 shares. The shares are held through a multi‑entity structure involving several affiliated Ignition and Apax entities, which may be deemed to beneficially own the securities but generally disclaim beneficial ownership except to the extent of their pecuniary interest.
OPENLANE, Inc. common stock is the subject of this amended Schedule 13D filed by a group of Apax-related and Ignition entities (the Reporting Persons). They report that Ignition Acquisition Holdings LP, as selling stockholder, entered into an Underwriting Agreement with OPENLANE and BofA Securities to sell 8,000,000 shares of common stock in a secondary block trade at $34.36 per share. The trade closed on August 13, 2026.
After the offering and related transactions, the Reporting Persons state they may be deemed to beneficially own 8,424,728 shares of OPENLANE common stock, representing 6.9% of the outstanding shares, based on 122,069,865 shares outstanding as of the closing. Ignition Acquisition Holdings LP also agreed to a 45‑day lock-up from August 11, 2026, restricting additional sales or transfers of OPENLANE stock, subject to customary exceptions.
OPENLANE, Inc. reported that Ignition Acquisition Holdings LP, a fund advised by Apax Partners, L.P., launched and priced a registered public secondary offering of 8,000,000 shares of OPENLANE common stock on August 11, 2026. The offering closed on August 13, 2026 with approximately $274.9 million in gross proceeds to the selling stockholder; OPENLANE did not receive any of these proceeds.
As part of the same transaction, OPENLANE purchased 727,590 shares from the aggregate 8,000,000 shares sold, at the same per-share price paid by BofA Securities, Inc. to the selling stockholder. The transaction was conducted under an Underwriting Agreement among OPENLANE, the selling stockholder and BofA Securities, Inc., using an automatic shelf registration statement on Form S-3 and a related prospectus supplement filed on August 13, 2026.
OPENLANE, Inc. is registering a resale of 8,000,000 shares of common stock by selling stockholder Ignition Acquisition Holdings LP. All shares are sold through BofA Securities at $34.36 per share, generating approximately $274.9 million in gross proceeds to the selling stockholder; the company receives no offering proceeds.
Concurrently, subject to closing, OPENLANE plans to repurchase 727,590 shares from the underwriter, funded with cash under its existing $250.0 million share repurchase program. After the offering and the repurchase, shares outstanding are expected to be 122,069,865, and Ignition’s beneficial ownership would decline from 13.4% to 6.9% of common stock.
Bank of Montreal and affiliates report a significant but sub-5% passive stake in OPENLANE, Inc. The group of reporting entities, including Bank of Montreal, 1001271606 ONTARIO INC, and Burgundy Asset Management, Inc., reports aggregate beneficial ownership of 4,797,217 shares of OPENLANE common stock, representing 4.52% of the class.
Bank of Montreal is listed with sole voting power over 3,432,536 shares and sole dispositive power over 4,784,321 shares3,410,420 shares and sole dispositive power over 4,774,577 shares. All reporting persons indicate no shared voting or dispositive power and describe their ownership as at or below five percent of the class, while also stating that they do not admit to being part of a group for Section 13(d) or 13(g) purposes.
OPENLANE, Inc. Chief Accounting Officer Dwayne P. Price reported equity compensation activity on August 9, 2026. He exercised 441 restricted stock units into an equal number of common shares, then 126 shares were withheld at $36.98 per share to satisfy tax withholding requirements. After the transaction, 442 restricted stock units remain subject to time-based vesting through August 9, 2027.
OPENLANE, Inc. director David W. Hult received a grant of 5,646 phantom stock units on August 5, 2026, representing deferred director fees under the KAR Auction Services, Inc. Directors Deferred Compensation Plan. The units are valued at $38.22 per unit, vest on June 5, 2027, remain forfeitable until vesting, and convert into common stock on a one-for-one basis at future dates he selects. Following this award, he holds 5,646 phantom stock units directly.
OPENLANE, Inc. reported second-quarter 2026 operating revenues of $554.6 million, up 15% from $481.7 million a year earlier. Net income was $44.3 million versus $33.4 million, and diluted EPS attributable to common stockholders rose to $0.32 from $0.15. For the first six months, revenue reached $1,082.5 million and net income $93.2 million. The effective tax rate declined to 27.5% from 35.4%.
The Marketplace segment generated $447.3 million of revenue, with vehicles sold increasing to 481,000 and GMV to $10.5 billion. Auction and related fees were $259.0 million, though yield decreased to 2.5% from 2.9%. The Finance segment delivered $107.3 million of revenue; provision for credit losses was $7.5 million, with receivables delinquent at 0.6% of total receivables managed and an allowance equal to 1.1% of receivables.
At June 30, 2026, total assets were $5,006.4 million, including finance receivables, net, of $2,621.1 million and cash, cash equivalents and restricted cash of $217.8 million. Long-term debt consisted mainly of $547.2 million of 2025 Incremental Term Loans, with no borrowings under the revolving credit facilities and $405.7 million available. Series A Preferred Stock was fully converted into 17.1 million common shares and eliminated, and the company repurchased 1.57 million common shares in the first half of 2026, plus 133,188 shares in July, under its $250 million authorization.
OPENLANE, Inc. reported strong second-quarter 2026 results, with revenue of $554.6 million, up 15% year over year, and net income of $44.3 million, up 33%. Diluted EPS was $0.32, compared with $0.15 a year earlier. Adjusted EBITDA rose 19% to $103.2 million, for an 18.6% margin.
Marketplace revenue increased 19% to $447.3 million as gross merchandise value reached $10.5 billion, up 41%. Commercial vehicles sold grew 39% to 276,000 and dealer consignment vehicles 13% to 205,000, for 481,000 total vehicles. The Finance segment generated $107.3 million of revenue and $46.5 million of Adjusted EBITDA, with a 1.2% annualized loan loss rate and allowance equal to 1.1% of receivables managed.
The company raised its 2026 outlook, increasing net income guidance to $163–$176 million and Adjusted EBITDA to $385–$400 million. Operating Adjusted EPS guidance moved to $1.40–$1.50, while capital expenditures remain projected at $55–$60 million. Liquidity included $189.7 million of cash, $478.3 million of working capital and $405.7 million available under revolving credit facilities as of June 30, 2026.
Smith Mary Ellen reported acquisition or exercise transactions in this Form 4 filing.
OPENLANE, Inc. director Mary Ellen Smith received a grant of 607 shares of common stock, valued at $41.24 per share, as part of her compensation. The shares were issued in lieu of her quarterly cash retainer for board and committee service. Following this award, she directly holds 39,770 common shares.