Dwayne P. Price - Feb 28, 2025 Form 4 Insider Report for OPENLANE, Inc. (KAR)

Role: Chief Accounting Officer
Signature: Kristen Trout, as Attorney-In-Fact
Stock symbol: KAR
Transactions as of: Feb 28, 2025
Transactions value $: -$2,007
Form type: 4
Date filed: 3/4/2025, 10:25 AM
Previous filing: Feb 25, 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	KAR	Common Stock	Options Exercise	$0	+316	+2.75%	$0.00	11.8K	Feb 28, 2025	Direct	F1, F2
transaction	KAR	Common Stock	Tax liability	-$2.01K	-90	-0.76%	$22.30	11.7K	Feb 28, 2025	Direct	F3

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	KAR	Restricted Stock Units	Options Exercise	$0	-316	-100%	$0.00	0	Feb 28, 2025	Common Stock	316		Direct	F4, F5

* 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 28, 2025.
F2	Includes shares acquired pursuant to the Company's Employee Stock Purchase Plan.
F3	Shares withheld by the Company to satisfy tax withholding requirements.
F4	Each restricted stock unit is convertible into a share of common stock on a 1-for-1 basis.
F5	These restricted stock units remain subject to a time-vesting requirement and are scheduled to vest and settle in common stock on February 28, 2025, assuming continued employment through the applicable vesting date.