Tobin P. Richer - 21 Feb 2026 Form 4 Insider Report for OPENLANE, Inc. (OPLN)

Role
EVP Marketing & Communications
Signature
Kristen Trout, as Attorney-In-Fact
Issuer symbol
OPLN
Transactions as of
21 Feb 2026
Net transactions value
-$26,769
Form type
4
Filing time
23 Feb 2026, 17:50:30 UTC
Previous filing
20 Feb 2026
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Richer Tobin P EVP Marketing & Communications C/O OPENLANE, INC., 11299 N ILLINOIS STREET, CARMEL Kristen Trout, as Attorney-In-Fact 23 Feb 2026 0002012179

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OPLN Common Stock Options Exercise $0 +3,187 +12% $0.000000 29,632 21 Feb 2026 Direct F1
transaction OPLN Common Stock Tax liability $26,769 -935 -3.2% $28.63 28,697 21 Feb 2026 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 OPLN Restricted Stock Units Options Exercise $0 -3,187 -33% $0.000000 6,374 21 Feb 2026 Common Stock 3,187 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit is convertible into a share of common stock on a 1-for-1 basis. The restricted stock units vested in common stock on February 21, 2026.
F2 Shares withheld by the Company to satisfy tax withholding requirements.
F3 Each restricted stock unit is convertible into a share of common stock on a 1-for-1 basis.
F4 These restricted stock units remain subject to a time-vesting requirement and are scheduled to vest and settle in common stock as follows: one-third of these restricted stock units vested on February 21, 2026, one-third of these restricted stock units vest on February 21, 2027 and the remaining one-third of these restricted stock units vest on February 21, 2028, assuming continued employment through the applicable vesting date.