A Form 4 is filed within two business days of a company insider — an officer, a director, or a holder of more than ten percent of the stock — changing their position in the shares. All 14 filings in this group are Form 4s for OPENLANE, Inc.
The difficulty with reading these filings as a group is that a single form type covers transactions that mean entirely different things. An executive spending their own money to buy stock and an executive having shares withheld to pay tax on a vesting grant both appear as a Form 4. Every filing below is therefore tagged with the nature of the underlying transaction, taken from the transaction code reported on the form itself.
Across the 14 insider filings shown, the breakdown is 10 compensation award, 2 open-market sale, 1 option exercise and 1 open-market purchase. 3 of them involved a discretionary open-market trade; the rest are compensation and administrative mechanics.
Form 4
Compensation award
Tax / Compensation Filing
2026-10-01
OPLN insider Form 4 filed for equity award, exercise, or tax withholding
Smith Mary Ellen (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
|
773 |
$34.13 |
$26.4K |
Filing: Form 4 (Insider Transaction)
Insider: Smith Mary Ellen (Director)
Shares: 773
Form 4
Open-market purchase
Insider Buying
2026-08-26
OPLN insider Kelly Peter J (Director, Chief Executive Officer) bought 14,830 shares (~$500.0K)
Kelly Peter J, listed as Director, Chief Executive Officer at OPENLANE, Inc., reported an open-market purchase of 14,830 OPLN shares in a Form 4 filing. Insider buying is often treated as a bullish signal because company insiders are committing their own capital.
The insider bought shares on the open market with their own money. This is the only Form 4 category that requires a discretionary cash outlay at the prevailing price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
P |
Open-market purchase
|
14,830 |
$33.72 |
$500.0K |
Filing: Form 4 (Insider Transaction)
Insider: Kelly Peter J (Director, Chief Executive Officer)
Shares: 14,830
Est. Value: $500.0K
Form 4
Open-market sale
Insider Selling
2026-08-13
OPLN insider Ignition Acquisition Holdings LP (10% Owner) sold 8,000,000 shares (~$274.88M)
Ignition Acquisition Holdings LP, listed as 10% Owner at OPENLANE, Inc., reported an open-market sale of 8,000,000 OPLN shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
S |
Open-market sale
|
8,000,000 |
$34.36 |
$274.88M |
Filing: Form 4 (Insider Transaction)
Insider: Ignition Acquisition Holdings LP (10% Owner)
Shares: 8,000,000
Est. Value: $274.88M
Form 4
Option exercise
Tax / Compensation Filing
2026-08-10
OPLN insider Form 4 filed for equity award, exercise, or tax withholding
Price Dwayne P (Chief Accounting Officer) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
The insider converted options into shares. The exercise price was fixed when the options were granted, so the timing usually tracks an expiry schedule.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
M |
Option exercise
|
441 |
— |
— |
F |
Tax withholding on vested shares
|
126 |
$36.98 |
$4.7K |
M |
Option exercise
derivative · Restricted Stock Units
|
441 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Price Dwayne P (Chief Accounting Officer)
Shares: 567
Form 4
Compensation award
Tax / Compensation Filing
2026-08-06
OPLN insider Form 4 filed for equity award, exercise, or tax withholding
Hult David W (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
derivative · Phantom Stock
|
5,646 |
$38.22 |
$215.8K |
Filing: Form 4 (Insider Transaction)
Insider: Hult David W (Director)
Form 4
Compensation award
Tax / Compensation Filing
2026-07-01
OPLN insider Form 4 filed for equity award, exercise, or tax withholding
Smith Mary Ellen (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
|
607 |
$41.24 |
$25.0K |
Filing: Form 4 (Insider Transaction)
Insider: Smith Mary Ellen (Director)
Shares: 607
Form 4
Compensation award
Tax / Compensation Filing
2026-06-08
OPLN insider Form 4 filed for equity award, exercise, or tax withholding
Altschuler Randolph (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
derivative · Phantom Stock
|
6,031 |
$36.48 |
$220.0K |
Filing: Form 4 (Insider Transaction)
Insider: Altschuler Randolph (Director)
Form 4
Compensation award
Tax / Compensation Filing
2026-06-08
OPLN insider Form 4 filed for equity award, exercise, or tax withholding
Galvin Carmel (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
|
6,031 |
$36.48 |
$220.0K |
Filing: Form 4 (Insider Transaction)
Insider: Galvin Carmel (Director)
Shares: 6,031
Form 4
Compensation award
Tax / Compensation Filing
2026-06-08
OPLN insider Form 4 filed for equity award, exercise, or tax withholding
HOWELL J MARK (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
derivative · Phantom Stock
|
6,031 |
$36.48 |
$220.0K |
Filing: Form 4 (Insider Transaction)
Insider: HOWELL J MARK (Director)
Form 4
Compensation award
Tax / Compensation Filing
2026-06-08
OPLN insider Form 4 filed for equity award, exercise, or tax withholding
Jacoby Stefan (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
|
6,031 |
$36.48 |
$220.0K |
Filing: Form 4 (Insider Transaction)
Insider: Jacoby Stefan (Director)
Shares: 6,031
Form 4
Compensation award
Tax / Compensation Filing
2026-06-08
OPLN insider Form 4 filed for equity award, exercise, or tax withholding
Smith Mary Ellen (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
derivative · Phantom Stock
|
6,031 |
$36.48 |
$220.0K |
Filing: Form 4 (Insider Transaction)
Insider: Smith Mary Ellen (Director)
Form 4
Compensation award
Tax / Compensation Filing
2026-06-08
OPLN insider Form 4 filed for equity award, exercise, or tax withholding
Kestner Michael T. (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
derivative · Phantom Stock
|
6,031 |
$36.48 |
$220.0K |
Filing: Form 4 (Insider Transaction)
Insider: Kestner Michael T. (Director)
Form 4
Compensation award
Tax / Compensation Filing
2026-06-08
OPLN insider Form 4 filed for equity award, exercise, or tax withholding
TUMINELLI KELLY L (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
derivative · Phantom Stock
|
6,031 |
$36.48 |
$220.0K |
Filing: Form 4 (Insider Transaction)
Insider: TUMINELLI KELLY L (Director)
Form 4
Open-market sale
Tax / Compensation Filing
2026-06-01
OPLN insider Form 4 filed for equity award, exercise, or tax withholding
Ignition Acquisition Holdings LP (10% Owner) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
C |
Derivative conversion
|
16,424,728 |
$17.75 |
$291.54M |
S |
Open-market sale
derivative · Series A Preferred Stock
|
288,323 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Ignition Acquisition Holdings LP (10% Owner)
Shares: 16,424,728