Form 4: Openlane Inc. Executive Price Dwayne P. Reports Stock Transactions
SEC Form 4 Filing
Dwayne P. Price, Chief Accounting Officer of Openlane, Inc., reports the vesting and conversion of restricted stock units and shares withheld for tax obligations on February 28, 2025.
Summary
- On February 28, 2025, Dwayne P. Price, the Chief Accounting Officer of Openlane, Inc., reported transactions involving common stock and restricted stock units.
- 316 restricted stock units vested and were converted into common stock.
- The reporting person also disposed of 90 shares of common stock to satisfy tax withholding requirements at a price of $22.3 per share.
- Following these transactions, Price directly owns 11,719.142 shares of Openlane, Inc. common stock.
Sentiment
Score: 5
Explanation: This is a neutral report on stock transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine executive compensation.
Key Dates
| Date | Description |
|---|---|
| 02/28/2025 | Date of earliest transaction: vesting of restricted stock units and tax withholding. |
| 03/04/2025 | Date of signature for the report. |
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