OPENLANE (NYSE: OPLN) EVP sells 4,000 shares, holds 24,697 after

Rhea-AI Filing Summary

On May 8, 2026, Richer Tobin P, EVP Marketing & Communications of OPENLANE, Inc., sold 4,000 shares of Common Stock in an open-market sale at $38.31 per share.

After this transaction, he directly holds 24,697 shares of OPENLANE, Inc. Common Stock.

Insider Trade Summary

Net Seller: 4,000 shares ($153,240)

Net Sell 1 txn

Insider Richer Tobin P

Role EVP Marketing & Communications

Sold 4,000 shs ($153K)

Type	Security	Shares	Price	Value
Sale	Common Stock	4,000	$38.31	$153K

Holdings After Transaction: Common Stock — 24,697 shares (Direct, null)

Footnotes (1)

Key Figures

Shares sold: 4,000 shares Sale price per share: $38.31 per share Shares held after transaction: 24,697 shares +2 more

5 metrics

Shares sold 4,000 shares Common Stock sold on May 8, 2026

Sale price per share $38.31 per share Open-market sale of Common Stock

Shares held after transaction 24,697 shares Direct ownership following May 8, 2026 sale

Sell transactions in filing 1 transaction Form 4 transaction summary shows one sale

Net buy/sell shares -4,000 shares Net effect of reported insider activity

Key Terms

open-market sale, Common Stock, Form 4, EVP Marketing & Communications

4 terms

open-market sale financial

"Transaction action is described as an open-market sale of Common Stock."

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

Common Stock financial

"The security involved in the transaction is listed as 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

"The insider transaction is disclosed in a Form 4 filing."

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.

EVP Marketing & Communications financial

"The reporting person’s officer title is EVP Marketing & Communications."

Form 4 Insider Transactions: What Each Field Means →

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^*

Richer Tobin P

(Last) (First) (Middle)

C/O OPENLANE, INC.

11299 N 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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP Marketing & Communications

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/08/2026

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	05/08/2026		S		4,000	D	$38.31	24,697	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:

Remarks:

	Kristen Trout, as Attorney-In-Fact	05/11/2026
	** 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 trade did OPENLANE (OPLN) report on May 8, 2026?

OPENLANE reported that EVP Marketing & Communications Richer Tobin P sold 4,000 shares of Common Stock on May 8, 2026 at $38.31 per share in an open-market transaction.

How many OPENLANE (OPLN) shares did the EVP sell and at what price?

The EVP sold 4,000 shares of OPENLANE Common Stock at an average price of $38.31 per share. This sale was reported as an open-market transaction under a Form 4 insider filing.

How many OPENLANE (OPLN) shares does Richer Tobin P hold after the sale?

Following the reported transaction, Richer Tobin P directly owns 24,697 shares of OPENLANE, Inc. Common Stock. This post-transaction holding reflects his remaining direct equity stake after the 4,000-share open-market sale.

What role does the insider in this OPENLANE (OPLN) Form 4 hold?

The reporting person, Richer Tobin P, serves as OPENLANE’s EVP Marketing & Communications. His position as a senior executive makes his equity transactions subject to Form 4 reporting under SEC insider trading disclosure rules.

Was the OPENLANE (OPLN) insider transaction classified as a sale or purchase?

The Form 4 classifies the transaction as an open-market sale with code “S” and direction “sell.” No purchases or derivative exercises were reported in this filing; it shows only this single non-derivative Common Stock sale.