Form 4 for OPLN OPENLANE, Inc.
Accepted 2026-02-20 00:00:00 ET · period of report 2026-02-18 · accession 0001532010-26-000001 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2026-02-20 | 2026-02-18 | OPLN | Kelly Peter J | CEO, Dir | F - Tax | $29.10 | -116.7K | 629.6K | -16% | -$3.40M |
| D | 2026-02-20 | 2026-02-18 | OPLN | Kelly Peter J | CEO, Dir | A - Grant | $0.00 | +274.7K | 746.3K | +58% | $0 |
| D | 2026-02-20 | 2026-02-19 | OPLN | Kelly Peter J | CEO, Dir | A - Grant | $0.00 | +141.2K | 141.2K | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2026-02-18 | F | D | 116,710 | $29.10 | 629,552 | D | — | — | |
| 2 | Common | Common Stock | 2026-02-18 | A | A | 274,717 | $0.00 | 746,262 | D | — | — | (F1) The number of performance-based restricted stock units that vested was determined based on a combination of the Company's cumulative adjusted EBITDA performance (75% weighting) and the Company's total shareholder return relative to that of companies within the S&P SmallCap 600 Index (25% weighting) over a three-year period from January 1, 2023 through December 31, 2025. The Compensation Committee certified performance achievement effective February 18, 2026. (F2) Each performance-based restricted stock unit is convertible into a share of common stock on a 1-for-1 basis. The performance-based restricted stock units vested into common stock on February 18, 2026. |
| 3 | Derivative | Restricted Stock Units | 2026-02-19 | A | A | 141,166 | $0.00 | 141,166 | D | — · — to — | 141,166 Common Stock | (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 as follows: one-third of these restricted stock units vest on February 19, 2027, one-third of these restricted stock units vest on February 19, 2028 and the remaining one-third of these restricted stock units vest on February 19, 2029, assuming continued employment through the applicable vesting date. |