OPENLANE CEO buys 14,830 shares of stock
OPENLANE, Inc. (OPLN) reported an insider purchase by Chief Executive Officer and director Peter J. Kelly.
Rhea-AI Filing Summary
OPENLANE, Inc. (OPLN) reported an insider purchase by Chief Executive Officer and director Peter J. Kelly. On 2026-08-24, an entity described as a Family Trust associated with Kelly purchased 14,830.1521 shares of common stock in open-market or private transactions at a weighted average price of $33.7150 per share. After this transaction, the trust held 14,830.1521 shares of OPENLANE common stock indirectly. The filing notes that individual trade prices ranged from $33.6990 to $33.7200 per share.
Positive
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Insights
Analyzing...
Insider Trade Summary
Net Buyer: 14,830.1521 shares
Net Buy
1 txn
Insider
Kelly Peter J
Role
Chief Executive Officer
Bought
14,830.1521 shs ($500K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock F1 | 14,830.1521 | $33.715 | $500K |
Holdings After Transaction:
Common Stock — 14,830.1521 shares (Indirect, By Family Trust)
Footnotes (1)
- F1. The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $33.6990 to $33.7200 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 purchased at each separate price within the range set forth in this footnote.
Key Figures
Shares purchased: 14,830.1521 shares
Weighted average purchase price: $33.7150 per share
Price range of purchases: $33.6990–$33.7200 per share
+2 more
5 metrics
Shares purchased
14,830.1521 shares
Common Stock purchased on 2026-08-24 by Family Trust
Weighted average purchase price
$33.7150 per share
Average price for the 14,830.1521 shares purchased on 2026-08-24
Price range of purchases
$33.6990–$33.7200 per share
Range of prices for multiple executions in the reported purchase
Shares held after transaction
14,830.1521 shares
Indirect holdings by Family Trust following the reported purchase
Transaction date
2026-08-24
Date of the reported open-market or private purchase
Key Terms
weighted average price, indirect, Family Trust, open market or private transaction
4 terms
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.
indirect financial
"total_shares_following_transaction ... ownership_type: "indirect""
Family Trust financial
"nature_of_ownership": "By Family Trust""
open market or private transaction financial
"transaction_code_description": "Purchase in open market or private transaction""
FAQ
What insider transaction did OPLN disclose in this Form 4?
OPENLANE disclosed that CEO and director Peter J. Kelly, through a Family Trust, purchased 14,830.1521 shares of the company’s common stock on 2026-08-24 in an open-market or private transaction.
Is the OPLN Form 4 transaction under a Rule 10b5-1 trading plan?
No. The filing’s Rule 10b5-1 checkbox is not affirmed, and there is no footnote indicating that the 14,830.1521-share purchase was made pursuant to a Rule 10b5-1 trading plan.
Who is the insider involved in this OPLN Form 4 filing?
The reporting person is Peter J. Kelly, who serves as Chief Executive Officer and a director of OPENLANE, Inc. The reported shares are held indirectly through a Family Trust.
AI-generated analysis. How Rhea-AI works. Not financial advice.