James P. Coyle - 20 Feb 2026 Form 4 Insider Report for OPENLANE, Inc. (OPLN)

Reporting relationship: EVP & President, Marketplace
Issuer ticker: OPLN
Reported as of: 20 Feb 2026
Net transaction value: -$2,760,261
SEC form: 4
Accepted by SEC: 23 Feb 2026, 17:56:15 UTC
Prior SEC filing: 20 Feb 2026
Next SEC filing: 08 May 2026
Source filing: View source filing
Reporting owner signature: Charles S. Coleman as Attorney-In-Fact

Key filing fact

James P. Coyle filed Form 4 for OPENLANE, Inc. (OPLN) on 23 Feb 2026.

Key facts

This page summarizes James P. Coyle's Form 4 filing for OPENLANE, Inc. (OPLN).
9 reported transactions and 3 derivative rows are listed below.
Accepted by SEC: 23 Feb 2026, 17:56.

Change

Previous filing in this sequence was filed on 20 Feb 2026.
Current net transaction value: -$2,760,261.

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 0001891323 Primary reporting owner

Coyle James P

Relationship: EVP & President, Marketplace
Address: C/O: OPENLANE, INC., 11299 NORTH ILLINOIS STREET, CARMEL
Signature: Charles S. Coleman as Attorney-In-Fact
Signature date: 23 Feb 2026

Reported non-derivative transactions

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

OPLN transaction

Common Stock

Options Exercise

Transaction value: $259,321
Shares: +17,689
Change %: +28%
Price: $14.66
Shares after: 81,558
Date: 20 Feb 2026
Ownership: Direct

OPLN transaction

Common Stock

Sale

Transaction value: $510,328
Shares: -17,689
Change %: -22%
Price: $28.85
Shares after: 63,869
Date: 20 Feb 2026
Ownership: Direct
Footnotes: F1

OPLN transaction

Common Stock

Options Exercise

Transaction value: $1,037,268
Shares: +70,755
Change %: +111%
Price: $14.66
Shares after: 134,624
Date: 20 Feb 2026
Ownership: Direct

OPLN transaction

Common Stock

Sale

Transaction value: $2,039,159
Shares: -70,755
Change %: -53%
Price: $28.82
Shares after: 63,869
Date: 20 Feb 2026
Ownership: Direct
Footnotes: F2

OPLN transaction

Common Stock

Options Exercise

Transaction value: $0
Shares: +16,730
Change %: +26%
Price: $0.000000
Shares after: 80,599
Date: 21 Feb 2026
Ownership: Direct
Footnotes: F3

OPLN transaction

Common Stock

Tax liability

Transaction value: $210,774
Shares: -7,362
Change %: -9.1%
Price: $28.63
Shares after: 73,237
Date: 21 Feb 2026
Ownership: Direct
Footnotes: F4

Reported derivative securities

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

OPLN transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: -16,730
Change %: -33%
Price: $0.000000
Shares after: 33,462
Date: 21 Feb 2026
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 16,730
Exercise price
Footnotes: F5, F6

OPLN transaction Derivative

Employee Stock Option (right to buy)

Options Exercise

Transaction value: $259,321
Shares: -17,689
Change %: -100%
Price: $14.66
Shares after: 0
Date: 20 Feb 2026
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 17,689
Exercise price: $14.66
Footnotes: F7

OPLN transaction Derivative

Employee Stock Option (right to buy)

Options Exercise

Transaction value: $1,037,268
Shares: -70,755
Change %: -50%
Price: $14.66
Shares after: 70,755
Date: 20 Feb 2026
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 70,755
Exercise price: $14.66
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 $28.72 to $28.96 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 $28.56 to $29.13 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

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.

Footnote F4

Shares withheld by the Company to satisfy tax withholding requirements.

Footnote F5

Each restricted stock unit is convertible into a share of common stock on a 1-for-1 basis.

Footnote F6

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.

Footnote F7

These options were granted on November 5, 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 F8

These options were granted on November 5, 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, $19.66, $24.66, $29.66, and $34.66, for twenty consecutive trading days, subject to continued employment through such vesting date.