STOCK TITAN

OPENLANE (OPLN) director receives 6,031-share stock fee award

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

OPENLANE, Inc. director Stefan Jacoby received a stock grant of 6,031 shares of common stock as director fees, valued at $36.48 per share. The award was issued under the company’s omnibus stock and incentive plan, vests on June 5, 2027, and is subject to forfeiture until it vests.

Following this compensation-related acquisition, Jacoby directly holds 53,657 shares of OPENLANE common stock. This is a non-market grant/award rather than an open-market purchase or sale.

Positive

  • None.

Negative

  • None.
Insider Jacoby Stefan
Role null
Type Security Shares Price Value
Grant/Award Common Stock 6,031 $36.48 $220K
Holdings After Transaction: Common Stock — 53,657 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Stock grant size 6,031 shares Common stock awarded as director fees
Grant value per share $36.48 per share Value used for the June 5, 2026 award
Total shares after transaction 53,657 shares Director’s direct holdings following the grant
Vesting date June 5, 2027 Grant vests and forfeiture condition lapses
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.
director fees financial
"shares were issued on June 5, 2026 to the reporting person as director fees"
Second Amended and Restated 2009 Omnibus Stock and Incentive Plan financial
"pursuant to the OPENLANE, Inc. Second Amended and Restated 2009 Omnibus Stock and Incentive Plan"
vest financial
"The 6,031 shares vest on June 5, 2027 and are subject to forfeiture"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
subject to forfeiture financial
"The 6,031 shares vest on June 5, 2027 and are subject to forfeiture until vested"
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SEC Form 4
FORM 4UNITED 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*
Jacoby Stefan

(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. [ OPLN ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/05/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock06/05/2026A6,031(1)A$36.4853,657(1)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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. 6,031 of these shares were issued on June 5, 2026 to the reporting person as director fees pursuant to the OPENLANE, Inc. Second Amended and Restated 2009 Omnibus Stock and Incentive Plan. The 6,031 shares vest on June 5, 2027 and are subject to forfeiture until vested. All other shares are vested.
Remarks:
Charles S. Coleman as Attorney-In-Fact06/08/2026
** Signature of Reporting PersonDate
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)

FAQ

What insider transaction did OPENLANE (OPLN) director Stefan Jacoby report?

Stefan Jacoby reported receiving a grant of 6,031 OPENLANE common shares as director fees. The shares were issued under the company’s omnibus stock and incentive plan and represent equity-based compensation, not an open-market stock purchase or sale.

At what value were the 6,031 OPENLANE (OPLN) shares granted to the director?

The 6,031 shares granted to director Stefan Jacoby were valued at $36.48 per share. This value reflects the grant price used for the stock award and helps quantify the size of the equity compensation reported in the insider filing.

When do Stefan Jacoby’s newly granted OPENLANE (OPLN) shares vest?

The 6,031 OPENLANE shares granted to Stefan Jacoby vest on June 5, 2027. Until that vesting date, the shares are subject to forfeiture, meaning he must satisfy the plan’s service or other conditions to retain the full award.

How many OPENLANE (OPLN) shares does Stefan Jacoby hold after this grant?

After the reported stock grant, Stefan Jacoby directly holds 53,657 OPENLANE common shares. This total includes the newly granted 6,031 shares, which are currently unvested and subject to forfeiture until the June 5, 2027 vesting date.

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

The Form 4 transaction is a compensation-related stock grant, not an open-market purchase. The 6,031 shares were issued as director fees under OPENLANE’s omnibus stock and incentive plan, reflecting equity-based pay for board service rather than trading in the market.