OPENLANE (NYSE: OPLN) director Sanjeev Mehra steps down from company board

Rhea-AI Filing Summary

OPENLANE, Inc. reported that Sanjeev Mehra resigned from its Board of Directors, effective January 29, 2026. The company stated that his resignation was not related to any disagreement with OPENLANE on its operations, policies, or practices, indicating an orderly governance change rather than a dispute-driven departure.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): January 29, 2026

OPENLANE, Inc.

(Exact name of Registrant as specified in its charter)

Delaware

001-34568

20-8744739

(State or other jurisdiction of incorporation)

(Commission File Number)

(IRS Employer Identification No.)

11299 N. Illinois Street, Suite 500

Carmel, Indiana 46032

(Address of principal executive offices)

(Zip Code)

(800) 923-3725

(Registrant’s telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading symbol

Name of each exchange on which registered

Common Stock, par value $0.01 per share

OPLN

New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On January 29, 2026, Sanjeev Mehra notified OPENLANE, Inc. (the “Company”) of his resignation from the Company’s Board of Directors, effective on such date. Mr. Mehra’s resignation was not related to any disagreement with the Company on any matter relating to its operations, policies or practices.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.

Dated: January 30, 2026			OPENLANE, Inc.
			/s/ Charles S. Coleman
			Charles S. Coleman Executive Vice President, Chief Legal Officer and Secretary

FAQ

What board change did OPENLANE (OPLN) disclose in this 8-K?

OPENLANE disclosed that director Sanjeev Mehra resigned from its Board of Directors, effective January 29, 2026. The company clarified that his departure was not due to any disagreement regarding its operations, policies, or practices, suggesting a routine governance transition.

Did OPENLANE (OPLN) report any disagreement tied to Sanjeev Mehra’s resignation?

The company stated that Sanjeev Mehra’s resignation from the Board was not related to any disagreement with OPENLANE on its operations, policies, or practices. This language signals the departure is not being characterized as conflict-driven by the company.

When was the OPENLANE (OPLN) board resignation effective?

OPENLANE reported that director Sanjeev Mehra resigned from its Board of Directors effective January 29, 2026. That date is described as the earliest event reported, anchoring when the governance change formally took effect at the company.

Which executive signed OPENLANE’s (OPLN) 8-K reporting the director resignation?

The report was signed by Charles S. Coleman, who serves as Executive Vice President, Chief Legal Officer and Secretary. His signature indicates he was the authorized officer executing the company’s disclosure concerning the Board resignation event.

What stock does OPENLANE (OPLN) list on the New York Stock Exchange?

OPENLANE lists its Common Stock, par value $0.01 per share, on the New York Stock Exchange under the trading symbol OPLN. This identifies the primary equity security associated with the corporate governance disclosure in the report.