{"version":"company-facts.v1","source":"https://secwatch.observer","generated_at":"2026-06-04T08:18:36.683996+00:00","company":{"ticker":"OPLN","cik":1395942,"company_name":"OPENLANE, Inc."},"pagination":{"limit":100,"returned":8,"next_cursor":null},"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer","facts":[{"fact_type":"governance_change","fact_key":"3e03d176b74e5230a6aea3816116af2c32b2754e","cik":1395942,"ticker":"OPLN","company_name":"OPENLANE, Inc.","filed_at":"2026-05-29T17:57:10+00:00","payload":{"change_type":"charter_amendment","effective_date":"2026-05-29","item_codes_triggered":["5.03"],"summary_text":"Filed Certificate of Elimination to remove Series A Convertible Preferred Stock designation from the Amended and Restated Certificate of Incorporation."},"claim":"OPENLANE, Inc.: Filed Certificate of Elimination to remove Series A Convertible Preferred Stock designation from the Amended and Restated Certificate of Incorporation (effective 2026-05-29).","evidence_excerpt":"On May 29, 2026, OPENLANE, Inc. (the “Company”) filed a Certificate of Elimination (the “Certificate of Elimination”) with the Secretary of State of the State of Delaware effecting the elimination of the Certificate of Designations relating to the Company’s Series A Convertible Preferred Stock (the “Series A Preferred Stock”) previously filed by the Company with the Secretary of State of the State of Delaware on June 9, 2020.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001395942-26-000022","anchor_url":"https://secwatch.observer/filing/0001395942-26-000022#claim-3e03d176b74e5230a6aea3816116af2c32b2754e","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1395942/000139594226000022/0001395942-26-000022-index.htm"},{"fact_type":"earnings_release","fact_key":"dca0075e7c39f3e6a3a0985223f8b931e70b87fc","cik":1395942,"ticker":"OPLN","company_name":"OPENLANE, Inc.","filed_at":"2026-05-05T23:59:59+00:00","payload":{"eps_text":null,"guidance_signal":"raised","item_codes_triggered":["2.02"],"net_income_text":"$49 million","period_text":"three months ended March 31, 2026","report_date":"2026-05-05","result_type":"reported_results","revenue_text":"$528 million"},"claim":"OPENLANE, Inc. reported three months ended March 31, 2026 results: revenue $528 million, net income $49 million. Guidance raised.","evidence_excerpt":"• Revenue of $528 million, representing 15% YoY growth, driven by 22% growth in auction and related fees • Net income of $49 million, representing 33% YoY growth • Adjusted EBITDA of $97 million, representing 17% YoY growth","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001395942-26-000018","anchor_url":"https://secwatch.observer/filing/0001395942-26-000018#claim-dca0075e7c39f3e6a3a0985223f8b931e70b87fc","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1395942/000139594226000018/0001395942-26-000018-index.htm"},{"fact_type":"debt_financing","fact_key":"835ed9ab17f9b4f1e7b042ef80ae8cce03878095","cik":1395942,"ticker":"OPLN","company_name":"OPENLANE, Inc.","filed_at":"2025-10-08T23:59:59+00:00","payload":{"counterparty":"JPMorgan Chase Bank, N.A., as administrative agent","effective_date":"2025-10-08","event":"incurrence","instrument_type":"term_loan","interest_rate_text":"Adjusted Term SOFR Rate plus a margin of 2.50%","item_codes_triggered":["2.03"],"maturity_text":null,"principal_text":"$550,000,000"},"claim":"OPENLANE, Inc. incurred term loan of $550,000,000 with JPMorgan Chase Bank, N.A., as administrative agent at Adjusted Term SOFR Rate plus a margin of 2.50%.","evidence_excerpt":"The Second Amendment provides for, among other things, the incurrence of incremental term loans in an aggregate principal amount equal to $550,000,000","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001104659-25-097925","anchor_url":"https://secwatch.observer/filing/0001104659-25-097925#claim-835ed9ab17f9b4f1e7b042ef80ae8cce03878095","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1395942/000110465925097925/0001104659-25-097925-index.htm"},{"fact_type":"executive_change","fact_key":"f455a14c89","cik":1395942,"ticker":"OPLN","company_name":"OPENLANE, Inc.","filed_at":"2025-04-22T23:59:59+00:00","payload":{"action":"appointed","action_category":"appointment","departure_tone":"not_applicable","effective_date":"2025-05-27","interim":false,"role":"Executive Vice President and Chief Financial Officer","role_category":"cfo","successor_name":null,"successor_named":false},"claim":"Bradley Herring was appointed as Executive Vice President and Chief Financial Officer at OPENLANE, Inc..","evidence_excerpt":"On April 22, 2025, the Board of Directors (“Board”) of OPENLANE, Inc. (the “Company”) appointed Bradley Herring as Executive Vice President and Chief Financial Officer of the Company, effective May 27, 2025.","confidence":1.0,"filing_url":"https://secwatch.observer/filing/0001395942-25-000022","anchor_url":"https://secwatch.observer/filing/0001395942-25-000022#claim-f455a14c89","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1395942/000139594225000022/0001395942-25-000022-index.htm"},{"fact_type":"executive_change","fact_key":"cf4c02bba0","cik":1395942,"ticker":"OPLN","company_name":"OPENLANE, Inc.","filed_at":"2024-11-07T23:59:59+00:00","payload":{"action":"resigned","action_category":"departure","departure_tone":"routine","effective_date":"2025-03-01","interim":false,"role":"Executive Vice President and Chief Financial Officer","role_category":"cfo","successor_name":null,"successor_named":false},"claim":"Brad S. Lakhia resigned as Executive Vice President and Chief Financial Officer at OPENLANE, Inc..","evidence_excerpt":"On November 4, 2024, Brad S. Lakhia, the Company’s Executive Vice President and Chief Financial Officer, notified OPENLANE, Inc. (the “Company”) that he will resign from the Company effective March 1, 2025 to pursue another opportunity closer to family.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001395942-24-000075","anchor_url":"https://secwatch.observer/filing/0001395942-24-000075#claim-cf4c02bba0","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1395942/000139594224000075/0001395942-24-000075-index.htm"},{"fact_type":"executive_change","fact_key":"bd3c830521","cik":1395942,"ticker":"OPLN","company_name":"OPENLANE, Inc.","filed_at":"2024-06-20T23:59:59+00:00","payload":{"action":"appointed","action_category":"appointment","departure_tone":"not_applicable","effective_date":"2024-06-23","interim":false,"role":"Chief Accounting Officer","role_category":"other_named_officer","successor_name":null,"successor_named":false},"claim":"Dwayne Price was appointed as Chief Accounting Officer at OPENLANE, Inc..","evidence_excerpt":"Dwayne Price will serve as Chief Accounting Officer and principal accounting officer of the Company, effective June 23, 2024.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001395942-24-000050","anchor_url":"https://secwatch.observer/filing/0001395942-24-000050#claim-bd3c830521","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1395942/000139594224000050/0001395942-24-000050-index.htm"},{"fact_type":"executive_change","fact_key":"2955b57583","cik":1395942,"ticker":"OPLN","company_name":"OPENLANE, Inc.","filed_at":"2024-06-20T23:59:59+00:00","payload":{"action":"depart","action_category":"departure","departure_tone":"routine","effective_date":null,"interim":false,"role":"Chief Accounting Officer","role_category":"other_named_officer","successor_name":"Dwayne Price","successor_named":true},"claim":"Scott A. Anderson departed as Chief Accounting Officer at OPENLANE, Inc..","evidence_excerpt":"Scott A. Anderson, the Company’s Chief Accounting Officer and principal accounting officer, will depart from the Company but are expected to remain with the Company in transitional roles","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001395942-24-000050","anchor_url":"https://secwatch.observer/filing/0001395942-24-000050#claim-2955b57583","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1395942/000139594224000050/0001395942-24-000050-index.htm"},{"fact_type":"executive_change","fact_key":"579d764637","cik":1395942,"ticker":"OPLN","company_name":"OPENLANE, Inc.","filed_at":"2024-06-20T23:59:59+00:00","payload":{"action":"depart","action_category":"departure","departure_tone":"routine","effective_date":null,"interim":false,"role":"Executive Vice President, Operations and President, Services and International Markets","role_category":"other_named_officer","successor_name":null,"successor_named":false},"claim":"Sriram Subrahmanyam departed as Executive Vice President, Operations and President, Services and International Markets at OPENLANE, Inc..","evidence_excerpt":"Sriram Subrahmanyam, the Company’s Executive Vice President, Operations and President, Services and International Markets, and Scott A. Anderson, the Company’s Chief Accounting Officer and principal accounting officer, will depart from the Company","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001395942-24-000050","anchor_url":"https://secwatch.observer/filing/0001395942-24-000050#claim-579d764637","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1395942/000139594224000050/0001395942-24-000050-index.htm"}]}