Carmel Galvin - Jun 7, 2024 Form 4 Insider Report for OPENLANE, Inc. (KAR)

Role
Director
Signature
Charles S. Coleman as Attorney-In-Fact
Stock symbol
KAR
Transactions as of
Jun 7, 2024
Transactions value $
$170,015
Form type
4
Date filed
6/11/2024, 09:40 AM
Previous filing
Jun 6, 2023
Next filing
Oct 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KAR Common Stock Award $170K +10.1K +508.89% $16.78 12.1K Jun 7, 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.