Mark E. Hill - 02 Jun 2023 Form 4 Insider Report for OPENLANE, Inc. (KAR)

Reporting relationship: Director
Issuer ticker: KAR
Reported as of: 02 Jun 2023
Net transaction value: +$170,003
SEC form: 4
Accepted by SEC: 06 Jun 2023, 15:23:18 UTC
Prior SEC filing: 06 Jun 2022
Source filing: View source filing
Reporting owner signature: Charles S. Coleman as Attorney In Fact

Key filing fact

Mark E. Hill filed Form 4 for OPENLANE, Inc. (KAR) on 06 Jun 2023.

Key facts

This page summarizes Mark E. Hill's Form 4 filing for OPENLANE, Inc. (KAR).
1 reported transaction and 0 derivative rows are listed below.
Accepted by SEC: 06 Jun 2023, 15:23.

Change

Previous filing in this sequence was filed on 06 Jun 2022.
Current net transaction value: +$170,003.

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

Reported non-derivative transactions

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

KAR transaction

Common Stock

Award

Transaction value: $170,003
Shares: +11,032
Change %: +23%
Price: $15.41
Shares after: 59,232
Date: 02 Jun 2023
Ownership: Direct
Footnotes: F1

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

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 1 footnote

Footnote F1

11,032 of these shares were issued on June 2, 2023 to the reporting person as director fees pursuant to the KAR Auction Services, Inc. Amended and Restated 2009 Omnibus Stock and Incentive Plan. The 11,032 shares vest on June 2, 2024 and are subject to forfeiture until vested. All other shares are vested.