Director Michael Kestner filed a Form 144 notice with the SEC on November 10, 2026, disclosing a proposed sale of 8,000 shares of OPENLANE Inc common stock through UBS Financial Services Inc.

Key Highlights

  • Proposed seller: Michael Kestner, identified in the filing as a Director of OPENLANE Inc (NYSE:OPLN).
  • Shares to be sold: 8,000 shares of common stock, with an aggregate market value of $281,120, according to the filing.
  • Approximate sale date: November 11, 2026, to be executed through UBS Financial Services Inc in Weehawken, NJ.
  • Shares outstanding: The filing reports 121,414,234 shares of common stock outstanding.
  • Acquisition history: The shares were acquired as director compensation from OPENLANE Inc across multiple dates between March 4, 2014, and May 19, 2022.
  • Prior sales: The filing reports nothing to disclose for securities sold during the past three months.

OPENLANE Director Kestner Files Notice of Proposed Common Stock Sale

According to the Form 144 notice filed on November 10, 2026, Michael Kestner, a director of OPENLANE Inc (NYSE:OPLN), intends to sell 8,000 shares of the company's common stock. The proposed sale is to be conducted through UBS Financial Services Inc, located at 1000 Harbor Blvd, 3rd Floor, Weehawken, NJ 07086, with an approximate sale date of November 11, 2026. The filing lists an aggregate market value of $281,120 for the proposed transaction and notes that total shares outstanding are 121,414,234.

The filing details the acquisition history of the securities to be sold. All shares were received as director compensation directly from OPENLANE Inc. Specific acquisition tranches listed include 1,500 shares on March 4, 2014; 312 shares on June 10, 2014; 396 shares on December 9, 2014; 396 shares on March 9, 2015; 396 shares on June 9, 2015; and 5,000 shares on May 19, 2022. Each tranche is recorded with a payment nature of "N/A," consistent with non-cash director compensation.

The notice was signed by Joseph Cassidy of UBS Financial Services Inc, acting as attorney-in-fact for Michael Kestner. The filing states that no securities of OPENLANE Inc were sold by Kestner during the three months preceding this notice. OPENLANE Inc is headquartered at 11299 N Illinois St, Carmel, Indiana 46032, and carries SEC file number 001-34568.

What Was Disclosed

OPENLANE Inc director Michael Kestner filed a Rule 144 notice on November 10, 2026, proposing to sell 8,000 shares of common stock, valued at $281,120 in aggregate, through UBS Financial Services Inc on or around November 11, 2026.