---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-096008"
form_type: "8-K"
ticker: "OPLN"
cik: "0001395942"
company_name: "OPENLANE, Inc."
filed_at: "2026-08-13T20:50:13+00:00"
generated_at: "2026-08-13T20:51:08.746151+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Apax sells 8M OPENLANE shares in secondary offering; company buys back 727,590

## Summary
- Selling stockholder (Apax) priced secondary offering of 8,000,000 OPLN shares; gross proceeds ~$274.9M.
- Company received no proceeds; it purchased 727,590 shares at the same price paid by BofA Securities.
- Offering closed August 13, 2026; underwriting agreement with BofA Securities dated August 11, 2026.
- Company's buyback of 727,590 shares reduces outstanding share count slightly.

## SEC filing metadata
- accession: 0001104659-26-096008
- form_type: 8-K
- ticker: OPLN
- cik: 0001395942
- company_name: OPENLANE, Inc.
- filed_at: 2026-08-13T20:50:13+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1395942/000110465926096008/0001104659-26-096008-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1395942/000110465926096008/tm2623104d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-096008
- JSON: https://secwatch.observer/filing/0001104659-26-096008.json
- Plain text: https://secwatch.observer/filing/0001104659-26-096008.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.