Peter J. Kelly - Feb 26, 2024 Form 4 Insider Report for OPENLANE, Inc. (KAR)

Role: Chief Executive Officer, Director
Signature: Charles S. Coleman, Attorney-in-Fact
Stock symbol: KAR
Transactions as of: Feb 26, 2024
Transactions value $: $508,220
Form type: 4
Date filed: 2/28/2024, 08:55 AM
Previous filing: Dec 12, 2023
Next filing: May 13, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	KAR	Common Stock	Purchase	$149K	+10K	+3.19%	$14.87	323K	Feb 26, 2024	Direct	F1
transaction	KAR	Common Stock	Purchase	$360K	+24K	+7.42%	$14.98	347K	Feb 27, 2024	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $14.78 to $14.93 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.
F2	The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $14.74 to $15.07 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.

Content

The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $14.78 to $14.93 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.

The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $14.74 to $15.07 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.