Stefan Jacoby - 07 Jun 2024 Form 4 Insider Report for OPENLANE, Inc. (KAR)

Role
Director
Signature
Charles S. Coleman as Attorney-In-Fact
Issuer symbol
KAR
Transactions as of
07 Jun 2024
Net transactions value
+$170,015
Form type
4
Filing time
11 Jun 2024, 09:40:06 UTC
Previous filing
06 Jun 2023
Next filing
09 Jun 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KAR Common Stock Award $170,015 +10,132 +33% $16.78 40,431 07 Jun 2024 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 10,132 of these shares were issued on June 7, 2024 to the reporting person as director fees pursuant to the OPENLANE, Inc. Second Amended and Restated 2009 Omnibus Stock and Incentive Plan. The 10,132 shares vest on June 7, 2025 and are subject to forfeiture until vested. All other shares are vested.