James P. Coyle - 07 Aug 2025 Form 4 Insider Report for OPENLANE, Inc. (KAR)

Signature
Charles S. Coleman as Attorney-In-Fact
Issuer symbol
KAR
Transactions as of
07 Aug 2025
Transactions value $
-$5,435,920
Form type
4
Date filed
08 Aug 2025, 18:05
Previous filing
12 May 2025
Next filing
10 Nov 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Coyle James P EVP & President, Marketplace C/O: OPENLANE, INC., 11299 NORTH ILLINOIS STREET, CARMEL Charles S. Coleman as Attorney-In-Fact 2025-08-08 0001891323

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KAR Common Stock Options Exercise $2.06M +141K +381.48% $14.66 177K 07 Aug 2025 Direct F1
transaction KAR Common Stock Sale -$3.93M -141K -79.23% $27.93 36.9K 07 Aug 2025 Direct F2
transaction KAR Common Stock Options Exercise $13.7K +933 +2.53% $14.66 37.8K 07 Aug 2025 Direct
transaction KAR Common Stock Sale -$27.1K -933 -2.47% $29.01 36.9K 07 Aug 2025 Direct F3
transaction KAR Common Stock Options Exercise $772K +52.7K +142.94% $14.66 89.5K 07 Aug 2025 Direct
transaction KAR Common Stock Sale -$1.47M -52.7K -58.84% $27.93 36.9K 07 Aug 2025 Direct F4
transaction KAR Common Stock Options Exercise $5.72K +390 +1.06% $14.66 37.2K 07 Aug 2025 Direct
transaction KAR Common Stock Sale -$11.3K -390 -1.05% $29.04 36.9K 07 Aug 2025 Direct F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction KAR Employee Stock Option (right to buy) Options Exercise -$2.06M -141K -49.67% $14.66 142K 07 Aug 2025 Common Stock 141K $14.66 Direct F5
transaction KAR Employee Stock Option (right to buy) Options Exercise -$13.7K -933 -0.65% $14.66 142K 07 Aug 2025 Common Stock 933 $14.66 Direct F5
transaction KAR Employee Stock Option (right to buy) Options Exercise -$772K -52.7K -74.45% $14.66 18.1K 07 Aug 2025 Common Stock 52.7K $14.66 Direct F6
transaction KAR Employee Stock Option (right to buy) Options Exercise -$5.72K -390 -2.16% $14.66 17.7K 07 Aug 2025 Common Stock 390 $14.66 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes shares acquired pursuant to the Company's Employee Stock Purchase Plan.
F2 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 $28.14 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.
F3 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $29.00 to $29.05 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.
F4 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 $28.19 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.
F5 These options were granted on November 5, 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, $19.66, $24.66, $29.66, and $34.66, for twenty consecutive trading days, subject to continued employment through such vesting date.
F6 These options were granted on November 5, 2021 and vest and become exercisable in equal installments on each of the first four anniversaries of the grant date, subject to continued employment through such vesting date.