OPENLANE (OPLN) director granted 607 shares as quarterly fee in stock

Rhea-AI Filing Summary

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

OPENLANE, Inc. director Mary Ellen Smith received a grant of 607 shares of common stock, valued at $41.24 per share, as part of her compensation. The shares were issued in lieu of her quarterly cash retainer for board and committee service. Following this award, she directly holds 39,770 common shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Smith Mary Ellen

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	607	$41.24	$25K

Holdings After Transaction: Common Stock — 39,770 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Shares granted: 607 shares Grant value per share: $41.24 per share Total shares after grant: 39,770 shares +1 more

4 metrics

Shares granted 607 shares Common Stock grant on June 30, 2026

Grant value per share $41.24 per share Valuation used for stock retainer grant

Total shares after grant 39,770 shares Mary Ellen Smith direct holdings following transaction

Acquisition transactions 1 transaction Non-derivative grant, award, or other acquisition

Key Terms

Grant, award, or other acquisition, quarterly cash retainer, Common Stock

3 terms

Grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

quarterly cash retainer financial

"issued to the reporting person 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.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/01/2026 - 10:49 AM Accepted by SEC EDGAR 07/01/2026 - 10:49 AM Learn about SEC filing dates

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. [ OPLN ]

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)
06/30/2026

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/30/2026		A		607(1)	A	$41.24	39,770	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

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	07/01/2026
	** 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)

FAQ

What insider transaction did OPENLANE (OPLN) disclose for Mary Ellen Smith?

OPENLANE reported that director Mary Ellen Smith received 607 shares of common stock as a grant. The award represents compensation for her quarterly board and committee service, issued instead of a cash retainer at $41.24 per share.

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

The Form 4 shows a stock grant, not an open-market purchase. Mary Ellen Smith acquired 607 common shares as a compensation award in lieu of her quarterly cash retainer for director and committee service.

What is Mary Ellen Smith’s total OPENLANE (OPLN) shareholding after this Form 4?

After the reported grant, Mary Ellen Smith directly holds 39,770 shares of OPENLANE common stock. This total includes the newly issued 607 shares received as non-cash compensation for her ongoing board and committee responsibilities.

How was the value of the OPENLANE (OPLN) share grant to Mary Ellen Smith determined?

The 607 granted shares were valued at $41.24 per share for reporting purposes. This per-share figure is used to calculate the compensation value of stock issued instead of paying the director’s quarterly cash retainer.

Does the OPENLANE (OPLN) Form 4 indicate any stock sales by Mary Ellen Smith?

The Form 4 does not report any stock sales by Mary Ellen Smith. It only discloses one acquisition transaction, a grant of 607 common shares issued as non-cash compensation for director and committee service.