Tobin P. Richer - 06 May 2026 Form 4 Insider Report for OPENLANE, Inc. (OPLN)

Reporting relationship: EVP Marketing & Communications
Issuer ticker: OPLN
Reported as of: 06 May 2026
Net transaction value: -$2,386,322
SEC form: 4
Accepted by SEC: 08 May 2026, 14:51:49 UTC
Prior SEC filing: 23 Feb 2026
Next SEC filing: 11 May 2026
Source filing: View source filing
Reporting owner signature: Kristen Trout, as Attorney-In-Fact

Key filing fact

Tobin P. Richer filed Form 4 for OPENLANE, Inc. (OPLN) on 08 May 2026.

Key facts

This page summarizes Tobin P. Richer's Form 4 filing for OPENLANE, Inc. (OPLN).
16 reported transactions and 4 derivative rows are listed below.
Accepted by SEC: 08 May 2026, 14:51.

Change

Previous filing in this sequence was filed on 23 Feb 2026.
Current net transaction value: -$2,386,322.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0002012179 Primary reporting owner

Richer Tobin P

Relationship: EVP Marketing & Communications
Address: C/O OPENLANE, INC., 11299 N ILLINOIS STREET, CARMEL
Signature: Kristen Trout, as Attorney-In-Fact
Signature date: 08 May 2026

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

OPLN transaction

Common Stock

Options Exercise

Transaction value
Shares: +6,917
Change %: +24%
Price: $13.81^*
Shares after: 35,614
Date: 06 May 2026
Ownership: Direct

OPLN transaction

Common Stock

Sale

Transaction value: $134,597
Shares: -3,784
Change %: -11%
Price: $35.57
Shares after: 31,830
Date: 06 May 2026
Ownership: Direct
Footnotes: F1

OPLN transaction

Common Stock

Sale

Transaction value: $112,819
Shares: -3,133
Change %: -9.8%
Price: $36.01
Shares after: 28,697
Date: 06 May 2026
Ownership: Direct
Footnotes: F2

OPLN transaction

Common Stock

Options Exercise

Transaction value
Shares: +13,014
Change %: +45%
Price: $18.23^*
Shares after: 41,711
Date: 06 May 2026
Ownership: Direct

OPLN transaction

Common Stock

Sale

Transaction value: $256,424
Shares: -7,209
Change %: -17%
Price: $35.57
Shares after: 34,502
Date: 06 May 2026
Ownership: Direct
Footnotes: F1

OPLN transaction

Common Stock

Sale

Transaction value: $209,038
Shares: -5,805
Change %: -17%
Price: $36.01
Shares after: 28,697
Date: 06 May 2026
Ownership: Direct
Footnotes: F3

OPLN transaction

Common Stock

Options Exercise

Transaction value
Shares: +20,751
Change %: +72%
Price: $13.81^*
Shares after: 49,448
Date: 06 May 2026
Ownership: Direct

OPLN transaction

Common Stock

Sale

Transaction value: $386,930
Shares: -10,878
Change %: -22%
Price: $35.57
Shares after: 38,570
Date: 06 May 2026
Ownership: Direct
Footnotes: F1

OPLN transaction

Common Stock

Sale

Transaction value: $355,625
Shares: -9,873
Change %: -26%
Price: $36.02
Shares after: 28,697
Date: 06 May 2026
Ownership: Direct
Footnotes: F4

OPLN transaction

Common Stock

Options Exercise

Transaction value
Shares: +26,027
Change %: +91%
Price: $18.23^*
Shares after: 54,724
Date: 06 May 2026
Ownership: Direct

OPLN transaction

Common Stock

Sale

Transaction value: $512,884
Shares: -14,419
Change %: -26%
Price: $35.57
Shares after: 40,305
Date: 06 May 2026
Ownership: Direct
Footnotes: F1

OPLN transaction

Common Stock

Sale

Transaction value: $418,004
Shares: -11,608
Change %: -29%
Price: $36.01
Shares after: 28,697
Date: 06 May 2026
Ownership: Direct
Footnotes: F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

OPLN transaction Derivative

Employee Stock Option (right to buy)

Options Exercise

Transaction value
Shares: -6,917
Change %: -100%
Price: $13.81^*
Shares after: 0
Date: 06 May 2026
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 6,917
Exercise price: $13.81
Footnotes: F5

OPLN transaction Derivative

Employee Stock Option (right to buy)

Options Exercise

Transaction value
Shares: -13,014
Change %: -100%
Price: $18.23^*
Shares after: 0
Date: 06 May 2026
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 13,014
Exercise price: $18.23
Footnotes: F6

OPLN transaction Derivative

Employee Stock Option (right to buy)

Options Exercise

Transaction value
Shares: -20,751
Change %: -75%
Price: $13.81^*
Shares after: 6,917
Date: 06 May 2026
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 20,751
Exercise price: $13.81
Footnotes: F7

OPLN transaction Derivative

Employee Stock Option (right to buy)

Options Exercise

Transaction value
Shares: -26,027
Change %: -50%
Price: $18.23^*
Shares after: 26,028
Date: 06 May 2026
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 26,027
Exercise price: $18.23
Footnotes: F8

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 8 footnotes

Footnote F1

The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $34.930 to $35.925 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.

Footnote F2

The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.930 to $36.080 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.

Footnote F3

The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.930 to $36.100 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.

Footnote F4

The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.930 to $36.135 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.

Footnote F5

These options were granted on March 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.

Footnote F6

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.

Footnote F7

These options were granted on March 4, 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, $18.81, $23.81, $28.81, and $33.81, for twenty consecutive trading days, subject to continued employment through such vesting date.

Footnote F8

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.