Charles S. Coleman - 02 Dec 2025 Form 4 Insider Report for OPENLANE, Inc. (KAR)

Signature
Charles S. Coleman
Issuer symbol
KAR
Transactions as of
02 Dec 2025
Net transactions value
-$2,289,289
Form type
4
Filing time
03 Dec 2025, 13:49:00 UTC
Previous filing
08 Aug 2025
Next filing
20 Feb 2026

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Coleman Charles S. EVP, CLO & Secretary C/O: OPENLANE, INC., 11299 NORTH ILLINOIS STREET, CARMEL Charles S. Coleman 03 Dec 2025 0001791222

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KAR Common Stock Options Exercise $535,123 +29,354 +55% $18.23 82,828 02 Dec 2025 Direct
transaction KAR Common Stock Sale $763,116 -29,354 -35% $26.00 53,474 02 Dec 2025 Direct F1
transaction KAR Common Stock Options Exercise $1,070,247 +58,708 +110% $18.23 112,182 02 Dec 2025 Direct
transaction KAR Common Stock Sale $1,526,173 -58,708 -52% $26.00 53,474 02 Dec 2025 Direct F2

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 $535,123 -29,354 -100% $18.23 0 02 Dec 2025 Common Stock 29,354 $18.23 Direct F3
transaction KAR Employee Stock Option (right to buy) Options Exercise $1,070,247 -58,708 -50% $18.23 58,709 02 Dec 2025 Common Stock 58,708 $18.23 Direct F4
* 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 sold in multiple transactions at prices ranging from $25.930 to $26.065 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.
F2 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $25.920 to $26.065 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 These options were granted on June 4, 2021 and vested and became exercisable in equal installments on each of the first four anniversaries of the grant date, and were subject to continued employment through such vesting date.
F4 These options were granted on June 4, 2021 and will 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, $23.23, $28.23, $33.23, and $38.23, for twenty consecutive trading days, subject to continued employment through such vesting date.