Director Michael T. Kestner of OPENLANE, Inc. filed a Form 4 on November 12, 2026, reporting the sale of 8,000 shares of common stock on November 11, 2026.

Key Highlights

  • Reporting person: Michael T. Kestner, Director of OPENLANE, Inc. (NYSE:OPLN)
  • Transaction: Disposition (transaction code S) of 8,000 shares of common stock
  • Price: $35.23 per share
  • Transaction date: November 11, 2026
  • Remaining holdings: 2,922 shares of common stock held directly following the transaction
  • Filing signed: Charles S. Coleman as Attorney-In-Fact, dated November 12, 2026

Kestner's November 2026 Common Stock Sale at OPENLANE

According to the Form 4 filed with the U.S. Securities and Exchange Commission, Michael T. Kestner, a director of OPENLANE, Inc. (NYSE:OPLN), disposed of 8,000 shares of the company's common stock on November 11, 2026, at a price of $35.23 per share. The transaction is coded "S," indicating an open-market sale. The filing was signed by Charles S. Coleman as Attorney-In-Fact on November 12, 2026.

Following the reported transaction, the filing discloses that Kestner directly holds 2,922 shares of OPENLANE common stock. No derivative securities were reported in Table II of the filing. The form does not indicate that the transaction was made pursuant to a Rule 10b5-1(c) plan, as the corresponding checkbox was not checked.

Kestner's address is listed as c/o OPENLANE, Inc., 11299 North Illinois Street, Carmel, Indiana 46032. The filing was submitted as an individual, single-reporting-person disclosure and covers the earliest transaction date of November 11, 2026.

What Was Disclosed

Director Michael T. Kestner reported a sale of 8,000 shares of OPENLANE, Inc. common stock at $35.23 per share on November 11, 2026, leaving him with a direct beneficial ownership of 2,922 shares following the transaction.