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OPENLANE, Inc. — Director's Dealing 2025
May 12, 2025
31385_dirs_2025-05-12_cc55733b-b76c-4546-b5d5-98654b55d157.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: OPENLANE, Inc. (KAR)
CIK: 0001395942
Period of Report: 2025-05-09
Reporting Person: Mitchell William Clyde (President of AFC)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-05-09 | Common Stock | M | 1000 | — | Acquired | 15258.427 | Direct |
| 2025-05-09 | Common Stock | F | 285 | $21.96 | Disposed | 14973.427 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2025-05-09 | Restricted Stock Units | $ | M | 1000 | Disposed | Common Stock (1000) | Direct |
Footnotes
F1: Each restricted stock unit is convertible into a share of common stock on a 1-for-1 basis. The restricted stock units vested in common stock on May 9, 2025.
F2: Includes shares acquired pursuant to the Company's Employee Stock Purchase Plan.
F3: Shares withheld by the Company to satisfy tax withholding requirements.
F4: Each restricted stock unit is convertible into a share of common stock on a 1-for-1 basis.
F5: These restricted stock units were subject to a time-vesting requirement and vested and settled in common stock on May 9, 2025.