OPLN affiliate files to sell 66,709 shares

OPLN affiliate Tobin P. Richer filed a Form 144 reporting a proposed sale of 66,709 shares of Common Stock.

Rhea-AI Filing Summary

OPLN affiliate Tobin P. Richer filed a Form 144 reporting a proposed sale of 66,709 shares of Common Stock. The filing shows a proposed sale date of 05/06/2026 and an aggregate value of $2,386,498.52. The notice also lists multiple prior restricted stock vesting entries with specific dates and share counts.

Insights

Securities Compliance Analyst

Form 144 indicates an affiliate intends to sell reported shares under Section 144 notice requirements.

The filing lists a proposed sale of 66,709 shares with an aggregate amount of $2,386,498.52 and a proposed sale date of 05/06/2026. This is a routine disclosure that notifies the market of an affiliate resale.

Placement, execution method, and timing are not described in the excerpt; subsequent transaction filings will show execution details and any Rule 144 limitations or holding-period compliance.

Key Figures

Shares proposed for sale: 66,709 shares Aggregate value reported: $2,386,498.52 Brokerage location listed: Fidelity Brokerage Services LLC +3 more

6 metrics

Shares proposed for sale 66,709 shares proposed sale date 05/06/2026

Aggregate value reported $2,386,498.52 proposed sale date 05/06/2026

Brokerage location listed Fidelity Brokerage Services LLC 900 Salem Street, Smithfield, RI

Form type Form 144 notice of proposed sale by affiliate

Example vesting entry 1,361 shares Restricted Stock Vesting on 02/24/2020

Another vesting entry 1,483 shares Restricted Stock Vesting on 03/02/2021

Key Terms

Form 144, Restricted Stock Vesting, Aggregate value, Selling broker

4 terms

Form 144 regulatory

"Filed notice of proposed sale of securities by an affiliate"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

Restricted Stock Vesting financial

"Entries listed with dates and share counts labeled as Compensation"

Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.

Aggregate value financial

"Aggregate dollar amount shown for securities to be sold"

Selling broker market

"Fidelity Brokerage Services LLC 900 Salem Street Smithfield RI"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does the OPLN Form 144 filing show?

The filing shows an affiliate intends to sell 66,709 shares of Common Stock on 05/06/2026. It reports an aggregate value of $2,386,498.52 and lists prior restricted stock vesting entries with dates and share counts.

Who is the selling party in the OPLN Form 144?

The selling party is listed as Tobin P. Richer, with an address provided in Carmel, IN. The notice names Fidelity Brokerage Services LLC as the broker location for the securities to be sold.

Does the Form 144 confirm the sale has occurred for OPLN?

No, Form 144 is a notice of a proposed resale; it does not confirm execution. The filing states a proposed sale date of 05/06/2026; a subsequent post-sale filing would confirm whether the sale executed.

What vesting or compensation details are shown in the OPLN excerpt?

The excerpt lists multiple Restricted Stock Vesting entries with dates and share counts (for example, 1,361 shares on 02/24/2020). These entries appear labeled as compensation-related vesting events.

Where can I find execution details after this Form 144?

Execution details typically appear in subsequent SEC filings such as Form 4 if applicable or in transaction confirmations. This excerpt contains the proposed sale notice only, not post-sale execution records.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Accepted by SEC EDGAR 05/08/2026 - 12:46 PM Learn about SEC filing dates

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0002012179
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	OPENLANE, Inc.
SEC File Number	001-34568
Address of Issuer	11299 N. ILLINOIS STREET CARMEL INDIANA 46032
Phone	(800) 923-3725
Name of Person for Whose Account the Securities are To Be Sold	Richer Tobin P
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	Officer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Fidelity Brokerage Services LLC 900 Salem Street Smithfield RI 02917	4000	153240.00	105946106	05/08/2026	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	02/24/2020	Restricted Stock Vesting	Issuer			1361	02/24/2020	Compensation
Common	03/02/2020	Restricted Stock Vesting	Issuer			138	03/02/2020	Compensation
Common	02/21/2021	Restricted Stock Vesting	Issuer			448	02/21/2021	Compensation
Common	02/22/2021	Restricted Stock Vesting	Issuer			201	02/22/2021	Compensation
Common	03/02/2021	Restricted Stock Vesting	Issuer			1483	03/02/2021	Compensation
Common	02/21/2022	Restricted Stock Vesting	Issuer			369	02/21/2022	Compensation

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Tobin P. Richer 11299 N. Illinois Street Suite 500 Carmel IN 46032	Common	05/06/2026	66709	2386498.52

144: Remarks and Signature

Remarks
Date of Notice	05/08/2026
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	/s/ Daniel Tucci, as a duly authorized representative of Fidelity Brokerage Services LLC, as attorney-in-fact for Tobin Richer
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)