Kestner Michael T. bought OPLN
June 5, 2026 · Form 4 insider transaction
Kestner Michael T. bought 6,031 shares of OPENLANE, Inc. at $36.48 per share, a transaction worth $220.0K. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 3 days after the transaction.
Footnotes
The phantom stock will convert into shares of common stock on a one-for-one basis.; Represents director fees deferred in the reporting person's account in the KAR Auction Services, Inc. Directors Deferred Compensation Plan. 6,031 shares of phantom stock vest on June 5, 2027, and are subject to forfeiture until vested. All other shares of phantom stock are vested.; The reporting person will receive shares of common stock, on a one-for-one basis, at a future date(s) specified by him subject to the terms and conditions of the KAR Auction Services, Inc. Directors Deferred Compensation Plan.