Openlane, INC
Market Movers (8-K)
OPENLANE, Inc. announced robust second quarter 2026 financial results, showcasing significant year-over-year growth in revenue, GMV, and Adjusted EBITDA, leading to an upward revision of its full-year guidance.
Better than expected
OPENLANE, Inc. has expanded its Board of Directors to ten members with the appointment of automotive industry veteran David Hult.
OPENLANE, Inc. announced the results of its annual stockholder meeting held on June 5, 2026, including the election of directors and ratification of its independent auditor.
OPENLANE, Inc. has filed a Certificate of Elimination to remove its Series A Convertible Preferred Stock from its authorized capital structure.
OPENLANE, Inc. announced robust first-quarter 2026 financial results, showcasing significant year-over-year growth in key metrics including revenue, net income, and Adjusted EBITDA, alongside an increase in full-year guidance.
Better than expected
OPENLANE, Inc. hosted its Investor Day, outlining its strategic vision for digital marketplace leadership, showcasing 2025 performance, and providing 2026 financial guidance.
Better than expected
Quarterly Earnings (10-Q)
OPENLANE, Inc. announced a 15% increase in total operating revenues for the second quarter of 2026, reaching $554.6 million, driven by significant growth in its Marketplace segment.
Better than expected
OPENLANE, Inc. announced a 15% increase in total operating revenues for the first quarter of 2026, driven by significant growth in its Marketplace segment.
OPENLANE, Inc. reports significant Q3 2025 financial improvements, driven by robust marketplace performance and strategic debt management.
Capital raise
Better than expected
OPENLANE, Inc. reported a significant increase in net income and operating profit for the second quarter and first half of 2025, driven by robust growth in its Marketplace segment and reduced finance interest expense.
Capital raise
Better than expected
OPENLANE, Inc. announces a 7% increase in revenue for the first quarter of 2025, driven by growth in its Marketplace segment and strategic financial management.
Better than expected
OPENLANE Inc. saw an 8% increase in revenue and improved profitability in the third quarter of 2024, driven by growth in its marketplace segment.
Better than expected
Annual Reports (10-K)
OPENLANE Inc. announces its financial results for the fiscal year ended December 31, 2024, showcasing a 5% increase in revenue and strategic progress in its digital marketplace transformation.
OPENLANE, Inc. has detailed the terms of its 2024 Annual Incentive Program, designed to reward key employees based on their contributions to company goals.
Insider Trading (Form 4)
Mary Ellen Smith, a Director at OPENLANE, Inc., acquired 607 shares of common stock on June 30, 2026, as a retainer payment for her services.
Randolph Altschuler, a Director at OPENLANE, Inc., acquired 6,031 shares of phantom stock on June 5, 2026, as part of a deferred compensation plan.
OPENLANE, Inc. reports that Director Carmel Galvin acquired 6,031 shares of common stock on June 5, 2026, as part of director fees.
OPENLANE, Inc. Director Mark J. Howell reports acquisition of 6,031 phantom stock units under a deferred compensation plan.
Stefan Jacoby, a Director at OPENLANE, Inc., received a grant of 6,031 shares of common stock as director fees, with vesting scheduled for June 5, 2027.
OPENLANE, Inc. Director Mary Ellen Smith acquired 6,031 shares of phantom stock, convertible to common stock on a one-for-one basis, as part of her deferred compensation plan.
Proxy Statements (Def-14A)
OPENLANE, Inc. has issued its proxy statement for the 2026 Annual Meeting of Stockholders, scheduled for June 5, 2026, detailing director nominations, executive compensation, and auditor ratification.
OPENLANE, INC. has released information regarding its 2025 Annual Meeting, including details on how stockholders can vote on key proposals.
OPENLANE, Inc. has released its proxy statement detailing the agenda and procedures for its upcoming 2025 annual meeting of stockholders.
OPENLANE, Inc.'s proxy statement details proposals for the 2024 annual meeting, including director elections, executive compensation, and an incentive plan amendment, alongside a review of 2023 business achievements.
Schedule 13D - Activist Investments
Apax Partners entities converted 288,323 shares of Series A Preferred Stock into 16,424,728 shares of OPENLANE common stock.
OPENLANE, Inc. completed the repurchase of 288,322 shares of Series A Preferred Stock from Ignition Acquisition Holdings LP for $482.4 million.
OPENLANE, Inc. has agreed to repurchase 288,322 shares of Series A Preferred Stock from Ignition Acquisition Holdings LP, an Apax affiliate, for $482.4 million in cash.
Delay expected
Schedule 13G - Passive Investments
Vanguard Capital Management has reported beneficial ownership of 5,591,804 shares, representing 5.26% of the outstanding Common Stock of OPENLANE Inc., as of March 31, 2026.
Vanguard Portfolio Management has reported beneficial ownership of 5.76% of OPENLANE Inc.'s common stock as of March 31, 2026.
The Vanguard Group has amended its Schedule 13G filing for OPENLANE Inc, reporting 0% beneficial ownership due to an internal realignment.
Worse than expected
Bank of Montreal and its affiliates reported beneficial ownership of 7.04% of OPENLANE, Inc.'s common stock as of December 31, 2025.
Burgundy Asset Management Ltd. has reported a 6.82% beneficial ownership stake in Openlane Inc. as of December 31, 2025.
BlackRock, Inc. has filed an amended Schedule 13G, revealing a 14.9% beneficial ownership stake in OPENLANE, Inc. as of March 31, 2025, held for investment purposes in the ordinary course of business.