OPENLANE CAO exercises RSUs, withholds shares for taxes
OPENLANE, Inc. Chief Accounting Officer Dwayne P. Price reported equity compensation activity on August 9, 2026.
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Form Type
4
Rhea-AI Filing Summary
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.
Insider Trade Summary
441 shares exercised/converted
Exercise
3 txns
Insider
Price Dwayne P
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F4, F5 | 441 | $0.00 | $0.00 |
| Exercise | Common Stock F1, F2 | 441 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F3 | 126 | $36.98 | $5K |
Holdings After Transaction:
Restricted Stock Units — 442 contracts (Direct);
Common Stock — 16,173 shares (Direct)
Footnotes (5)
- F1. 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 August 9, 2026.
- F2. Includes shares acquired pursuant to the Company's Employee Stock Purchase Plan.
- F3. Shares withheld by the Company to satisfy tax withholding requirements.
- F4. Each restricted stock unit is convertible into a share of common stock on a 1-for-1 basis.
- F5. 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 August 9, 2025, one-third of these restricted stock units vested on August 9, 2026 and the remaining one-third of these restricted stock units vest on August 9, 2027, assuming continued employment through the applicable vesting date.
Key Figures
RSUs converted: 441 shares
Shares withheld for taxes: 126 shares
Tax withholding price: $36.98 per share
+2 more
5 metrics
RSUs converted
441 shares
Restricted stock units converted into common stock on August 9, 2026
Shares withheld for taxes
126 shares
Common shares withheld to satisfy tax withholding requirements
Tax withholding price
$36.98 per share
Price used for shares withheld to cover tax liability
RSUs remaining
442 units
Restricted stock units remaining subject to time-based vesting
Final vesting date
August 9, 2027
Scheduled vesting date for the remaining third of RSUs
Key Terms
Restricted Stock Units, time-vesting requirement, Employee Stock Purchase Plan, tax withholding requirements
4 terms
Restricted Stock Units financial
"Each restricted stock unit is convertible into a share of common stock"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
time-vesting requirement financial
"These restricted stock units remain subject to a time-vesting requirement"
Employee Stock Purchase Plan financial
"Includes 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.
tax withholding requirements financial
"Shares withheld by the Company to satisfy tax withholding requirements"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity transactions did OPENLANE (OPLN) CAO Dwayne P. Price report?
Dwayne P. Price reported the conversion of 441 restricted stock units into common stock and the withholding of 126 shares at $36.98 per share to cover tax obligations, leaving 442 restricted stock units unvested.
How many OPENLANE (OPLN) restricted stock units did the CAO vest and convert?
He vested and converted 441 restricted stock units into an equal number of OPENLANE common shares on August 9, 2026. Each unit converts on a 1-for-1 basis into common stock under the company’s equity compensation terms.
What OPENLANE (OPLN) restricted stock units remain unvested for the CAO?
After this vesting event, 442 restricted stock units remain outstanding for the CAO. These units are subject to a time-vesting requirement and are scheduled to vest in tranches through August 9, 2027, assuming continued employment.
What is the vesting schedule of the OPENLANE (OPLN) CAO’s restricted stock units?
The remaining restricted stock units vest in three equal tranches: one-third vested on August 9, 2025, one-third on August 9, 2026, and the final third is scheduled to vest on August 9, 2027, subject to continued employment.
AI-generated analysis. How Rhea-AI works. Not financial advice.
