OPENLANE EVP Coyle sells 70,353 shares at $35.21
The EVP & President, Marketplace’s sales included weighted-average prices of $36.00 and $35.21, alongside a separate sale at $35.20.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
OPENLANE, Inc. reported transactions by EVP & President, Marketplace James P. Coyle, including option exercises and common-stock sales on November 5, 2026. He exercised options covering 402 and 70,353 shares at $14.66 per share. Sales included 402 shares at a weighted-average $36.00, 70,353 at a weighted-average $35.21, and 10,000 at $35.20. A 402-share common-stock acquisition included shares acquired under the Employee Stock Purchase Plan. No Rule 10b5-1 plan is reported.
On November 8, 2026, 4,287 restricted stock units vested and settled in common stock. The RSU entry showed 4,287 units following the transaction; the remaining one-third is scheduled to vest November 8, 2027, assuming continued employment.
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
10 txns
Insider
Coyle James P
Role
EVP & President, Marketplace
Sold
80,755 shs ($2.84M)
Approx. gross sale proceeds
$2.84M
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F7, F8 | 4,287 | $0.00 | $0.00 |
| Exercise | Common Stock F4 | 4,287 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F5 | 1,887 | $34.35 | $65K |
| Exercise | Employee Stock Option (right to buy) F6 | 402 | $14.66 | $6K |
| Exercise | Employee Stock Option (right to buy) F6 | 70,353 | $14.66 | $1.03M |
| Exercise | Common Stock F1 | 402 | $14.66 | $6K |
| Sale | Common Stock F2 | 402 | $36.00 | $14K |
| Exercise | Common Stock | 70,353 | $14.66 | $1.03M |
| Sale | Common Stock F3 | 70,353 | $35.21 | $2.48M |
| Sale | Common Stock | 10,000 | $35.20 | $352K |
Holdings After Transaction:
Employee Stock Option (right to buy) — 0 options (Direct);
Restricted Stock Units — 4,287 units (Direct);
Common Stock — 51,284 shares (Direct)
Footnotes (8)
- F1. Includes shares acquired pursuant to the Company's Employee Stock Purchase Plan.
- F2. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $36.00 to $36.01 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.
- F3. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.00 to $35.47 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.
- F4. Each restricted stock unit is convertible into a share of common stock on a 1-for-1 basis. The restricted stock units vested in common stock on November 8, 2026.
- F5. Shares withheld by the Company to satisfy tax withholding requirements.
- F6. These options were granted on November 5, 2021 and became 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, $19.66, $24.66, $29.66, and $34.66, for twenty consecutive trading days, subject to continued employment through such vesting date.
- F7. Each restricted stock unit is convertible into a share of common stock on a 1-for-1 basis.
- F8. These restricted stock units remain subject to a time-vesting requirement and are scheduled to vest and settle in common stock as follows: one-third of these restricted stock units vested on November 8, 2025, one-third of these restricted stock units vested on November 8, 2026 and the remaining one-third of these restricted stock units vest on November 8, 2027, assuming continued employment through the applicable vesting date.
Key Figures
Options exercised: 402 shares
Options exercised: 70,353 shares
Option exercise price: $14.66 per share
+4 more
7 metrics
Options exercised
402 shares
November 5, 2026; exercise price $14.66 per share
Options exercised
70,353 shares
November 5, 2026; exercise price $14.66 per share
Option exercise price
$14.66 per share
Options exercised November 5, 2026
Weighted-average sale price
$36.00 per share
402 shares sold November 5, 2026; individual prices ranged from $36.00 to $36.01
Weighted-average sale price
$35.21 per share
70,353 shares sold November 5, 2026; individual prices ranged from $35.00 to $35.47
Sale price
$35.20 per share
10,000 shares sold November 5, 2026
Restricted stock units vested
4,287 shares
Vested and settled in common stock November 8, 2026
Key Terms
restricted stock unit, Employee Stock Purchase Plan, weighted average price, equal 25% increments, +1 more
5 terms
restricted stock unit financial
"Each restricted stock unit is convertible into a share of common stock"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
Employee Stock Purchase Plan financial
"shares acquired pursuant to the Company's Employee Stock Purchase Plan"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
weighted average price financial
"The price reported in column 4 is a weighted average price"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
equal 25% increments technical
"eligible to vest and become exercisable in equal 25% increments"
consecutive trading days financial
"for twenty consecutive trading days"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How many OPLN options did James P. Coyle exercise?
On November 5, 2026, Coyle exercised options covering 402 and 70,353 shares, each at an exercise price of $14.66 per share. The options were granted November 5, 2021 and were eligible to vest and become exercisable in equal 25% increments, subject to the stated anniversary, closing-price and continued-employment conditions.
What was the OPLN restricted stock unit vesting schedule?
On November 8, 2026, 4,287 restricted stock units vested and settled in common stock. The schedule states that one-third vested November 8, 2025, one-third vested November 8, 2026, and the remaining one-third is scheduled to vest November 8, 2027, assuming continued employment. The RSU entry shows 4,287 units following the transaction.
AI-generated analysis. How Rhea-AI works. Not financial advice.
