KAR - Openlane, Inc.
Insider Sale by Coyle James P (EVP, Pres, Marketplace)
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Trade Summary
4 days ago, Coyle James P, serving as EVP, Pres, Marketplace at Openlane, Inc. (KAR), sold 15,000 shares at $35.77 per share, for a total transaction value of $536,502.00. Following this transaction, Coyle James P now holds 58,512 shares of KAR.
This sale represents a 20.00% decrease in Coyle James P's stake in the company. This is considered a high-conviction trade given the significant change in ownership.
The trade was executed on Wednesday, May 6, 2026 and publicly disclosed via SEC Form 4 filing on Friday, May 8, 2026, 2 days after the trade was made.
Openlane, Inc. operates in the CONSUMER CYCLICAL sector, specifically within the AUTO & TRUCK DEALERSHIPS industry. Insider selling activity in this sector can provide valuable signals about industry trends and company-specific developments.
Trade Price
$35.77
Quantity
15,000
Total Value
$536,502.00
Shares Owned
58,512
Trade Date
4 days ago
SEC Filing Date
Filed 2 days after trade
Discussion