Key facts
- This page summarizes James E. Money II's Form 4 filing for OPENLANE, Inc. (KAR).
- 3 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 13 Mar 2024, 14:03.
James E. Money II - 11 Mar 2024 Form 4 Insider Report for OPENLANE, Inc. (KAR)
- Reporting relationship
- AFC President
- Issuer ticker
- KAR
- Reported as of
- 11 Mar 2024
- Net transaction value
- -$234,632
- SEC form
- 4
- Accepted by SEC
- 13 Mar 2024, 14:03:18 UTC
- Prior SEC filing
- 12 Dec 2023
- Source filing
- View source filing
- Reporting owner signature
- Charles S. Coleman, as Attorney-in-Fact
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
James E. Money II filed Form 4 for OPENLANE, Inc. (KAR) on 13 Mar 2024.
Change
- Previous filing in this sequence was filed on 12 Dec 2023.
- Current net transaction value: -$234,632.
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
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
KAR
transaction
Common Stock
Options Exercise
- Transaction value
- $204,692
- Shares
- +14,822
- Change %
- +33%
- Price
- $13.81
- Shares after
- 59,426
- Date
- 11 Mar 2024
- Ownership
- Direct
KAR
transaction
Common Stock
Sale
- Transaction value
- $234,632
- Shares
- -14,822
- Change %
- -25%
- Price
- $15.83
- Shares after
- 44,604
- Date
- 11 Mar 2024
- Ownership
- Direct
- Footnotes
- F1
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
KAR
transaction
Derivative
Employee Stock Option (right to buy)
Options Exercise
- Transaction value
- $204,692
- Shares
- -14,822
- Change %
- -75%
- Price
- $13.81
- Shares after
- 4,941
- Date
- 11 Mar 2024
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 14,822
- Exercise price
- $13.81
- Footnotes
- F2
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 2 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 $15.81 to $15.88 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
These options were granted on March 4, 2021 and will 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.