Charles S. Coleman - May 9, 2025 Form 4 Insider Report for OPENLANE, Inc. (KAR)

Role
EVP, CLO & Secretary
Signature
Charles S. Coleman
Stock symbol
KAR
Transactions as of
May 9, 2025
Transactions value $
-$96,756
Form type
4
Date filed
5/12/2025, 05:17 PM
Previous filing
Feb 25, 2025
Next filing
Aug 8, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Coleman Charles S. EVP, CLO & Secretary C/O: OPENLANE, INC., 11299 NORTH ILLINOIS STREET, CARMEL Charles S. Coleman 2025-05-12 0001791222

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KAR Common Stock Options Exercise $0 +15K +34.98% $0.00 57.9K May 9, 2025 Direct F1
transaction KAR Common Stock Tax liability -$96.8K -4.41K -7.61% $21.96 53.5K May 9, 2025 Direct F2

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 -15K -100% $0.00 0 May 9, 2025 Common Stock 15K Direct F3, F4
* 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 May 9, 2025.
F2 Shares withheld by the Company to satisfy tax withholding requirements.
F3 Each restricted stock unit is convertible into a share of common stock on a 1-for-1 basis.
F4 These restricted stock units were subject to a time-vesting requirement and vested and settled in common stock on May 9, 2025.