OPENLANE, Inc. — Director's Dealing 2025

Aug 8, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: OPENLANE, Inc. (KAR)
CIK: 0001395942
Period of Report: 2025-08-07

Reporting Person: Coleman Charles S. (EVP, CLO & Secretary)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-08-07	Common Stock	M	39526	$13.81	Acquired	93000.483	Direct
2025-08-07	Common Stock	S	39526	$27.97	Disposed	53474.483	Direct
2025-08-07	Common Stock	M	19763	$13.81	Acquired	73237.483	Direct
2025-08-07	Common Stock	S	19763	$27.97	Disposed	53474.483	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-08-07	Employee Stock Option (right to buy)	$13.81	M	39526	Disposed	2031-03-04	Common Stock (39526)	Direct
2025-08-07	Employee Stock Option (right to buy)	$13.81	M	19763	Disposed	2031-03-04	Common Stock (19763)	Direct

Footnotes

F1: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $27.76 to $28.53 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 sold at each separate price within the range set forth in this footnote.

F2: These options were granted on March 4, 2021 and become eligible to vest and become exercisable in equal 25% increments, each upon the later of the occurrence of the first four anniversaries of the grant date, respectively, and the attainment of the closing price of the Company's common stock at or above, for each respective 25% increment, $18.81, $23.81, $28.81, and $33.81, for twenty consecutive trading days, subject to continued employment through such vesting date.

F3: These options were granted on March 4, 2021 and vested and became exercisable in equal installments on each of the first four anniversaries of the grant date, and were subject to continued employment through such vesting date.