Dwayne P Price, Chief Accounting Officer of OPENLANE, Inc. (NYSE: OPLN), filed a Form 4 on August 10, 2026, disclosing transactions in common stock and restricted stock units dated August 9, 2026.

Key Highlights

  • RSU vesting: 441 restricted stock units converted into 441 shares of common stock on August 9, 2026, at a price of $0, per the filing.
  • Shares withheld for taxes: 126 shares were withheld by the company to satisfy tax withholding requirements at a price of $36.98 per share.
  • Resulting direct ownership: Following the transactions, Price directly held 16,173 shares of common stock, according to the filing.
  • Remaining RSUs: Price holds 442 restricted stock units following the reported transaction, with the final one-third tranche scheduled to vest on August 9, 2027, assuming continued employment.
  • Vesting schedule: The RSU grant vests in equal one-third installments: one-third vested August 9, 2025, one-third vested August 9, 2026, and one-third vests August 9, 2027.
  • Filed by attorney-in-fact: The form was signed by Kristen Trout as attorney-in-fact on August 10, 2026.

OPENLANE CAO Dwayne Price Discloses RSU Conversion and Tax Withholding Transactions

According to the Form 4 filing, Dwayne P Price, Chief Accounting Officer of OPENLANE, Inc., reported two transactions in common stock on August 9, 2026. First, 441 restricted stock units vested and converted into 441 shares of common stock on a 1-for-1 basis at a price of $0, pursuant to an "M" transaction code. The filing notes that these restricted stock units "vested in common stock on August 9, 2026."

Following the acquisition of those shares, the filing discloses that 126 shares were disposed of via an "F" transaction code at a price of $36.98 per share. Per the filing's footnote, these were "shares withheld by the Company to satisfy tax withholding requirements." After both transactions, Price directly held 16,173 shares of common stock. The filing also notes that the total of 16,299 shares prior to the withholding includes shares acquired pursuant to the company's Employee Stock Purchase Plan.

In Table II, the filing reports that Price held 442 restricted stock units in derivative securities following the reported transaction, all directly owned. The applicable RSU grant is structured as a three-year time-vesting schedule in equal annual installments, with the remaining one-third set to vest on August 9, 2027, contingent on continued employment through that date, according to the filing's explanation of responses.

What Was Disclosed

The filing covers an RSU vesting event and a related tax-withholding share disposal by OPENLANE's Chief Accounting Officer on August 9, 2026, resulting in direct beneficial ownership of 16,173 common shares and 442 remaining restricted stock units.