What was the reported price per share for Mary Ellen Smith’s OPENLANE (OPLN) stock grant?

The stock award to Mary Ellen Smith used a reported value of $29.15 per share. This per-share figure appears in the Form 4 as the transaction price, representing the valuation applied to the 858 shares granted as compensation in lieu of her quarterly cash retainer.

OPENLANE (OPLN) director receives 858-share stock grant instead of cash retainer

Q: Was the OPENLANE (OPLN) Form 4 transaction a stock purchase or a grant?

The Form 4 transaction was a grant , not an open-market purchase. Smith acquired 858 shares of OPENLANE common stock as a stock award issued in lieu of her quarterly cash retainer, according to the filing’s footnote describing the nature of the compensation.

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Smith Mary Ellen reported acquisition or exercise transactions in this Form 4 filing.

Director Mary Ellen Smith of OPENLANE, Inc. received a grant of 858 shares of common stock on March 31, 2026. The shares were issued in lieu of her quarterly cash retainer for board and committee service, so this is compensation rather than a market purchase. Following this award, she directly owns 39,163 shares of OPENLANE common stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Smith Mary Ellen

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	858	$29.15	$25K

Holdings After Transaction: Common Stock — 39,163 shares (Direct)

Footnotes (1)

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Key Figures

Stock grant size: 858 shares Grant valuation price: $29.15 per share Post-transaction holdings: 39,163 shares

3 metrics

Stock grant size 858 shares Common Stock grant on March 31, 2026

Grant valuation price $29.15 per share Reported transaction price for the 858-share award

Post-transaction holdings 39,163 shares Total common shares directly owned after the grant

Key Terms

grant/award acquisition, quarterly cash retainer, Common Stock, Form 4

4 terms

grant/award acquisition financial

"transaction_action: grant/award acquisition"

quarterly cash retainer financial

"issued in lieu of the reporting person's quarterly cash retainer payment"

Common Stock financial

"security_title: Common Stock"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

Form 4 regulatory

"INSIDER FILING DATA (Form 4)"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

Form 4 Insider Transactions: What Each Field Means →

04/01/2026 - 07:06 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Smith Mary Ellen

(Last)

(First)

(Middle)

C/O OPENLANE, INC.

11299 NORTH ILLINOIS STREET

(Street)

CARMEL

INDIANA

46032

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
OPENLANE, Inc. [ KAR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/31/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	03/31/2026		A		858⁽¹⁾	A	$29.15	39,163	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. These shares of common stock were issued to the reporting person in lieu of the reporting person's quarterly cash retainer payment for director and committee service.

Remarks:

	Charles S. Coleman, Attorney-in-Fact	04/01/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did OPENLANE (OPLN) director Mary Ellen Smith report?

OPENLANE director Mary Ellen Smith reported receiving 858 shares of common stock as compensation. The shares were issued instead of her regular quarterly cash retainer for director and committee service, reflecting a routine, non-market equity award rather than an open-market stock purchase or sale.

Was the OPENLANE (OPLN) Form 4 transaction a stock purchase or a grant?

The Form 4 transaction was a grant, not an open-market purchase. Smith acquired 858 shares of OPENLANE common stock as a stock award issued in lieu of her quarterly cash retainer, according to the filing’s footnote describing the nature of the compensation.

How many OPENLANE (OPLN) shares does Mary Ellen Smith hold after this grant?

After receiving the 858-share stock award, Mary Ellen Smith directly holds 39,163 shares of OPENLANE common stock. This total, disclosed in the Form 4, reflects her direct ownership position following the compensation-related equity grant for her director and committee service.

Why did OPENLANE (OPLN) issue shares instead of cash to Mary Ellen Smith?

OPENLANE issued shares instead of cash as part of director compensation. The footnote explains that the 858 common shares were granted in lieu of Mary Ellen Smith’s quarterly cash retainer for director and committee service, converting her usual cash payment into equity in the company.