{"schema_version":"secwatch.filing_event.v1","accession":"0001395942-22-000030","form_type":"8-K","ticker":"OPLN","cik":"0001395942","company_name":"OPENLANE, Inc.","filed_at":"2022-05-03T23:59:59+00:00","discovered_at":"2026-05-14T18:04:00.464344+00:00","generated_at":"2026-06-26T01:22:22.606257+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"KAR posts Q1 revenue $369.4M, net loss $8.4M; expects Carvana deal close within week","bullets":["Revenue from continuing ops flat at $369.4M; net loss from continuing ops $8.4M ($0.16 diluted loss per share).","Adjusted EBITDA from continuing ops fell to $49.1M from $77.2M in Q1 2021; includes $17M prior-year investment gains.","Expects to close ADESA U.S. physical auction sale to Carvana within a week; pro forma KAR to target $265M Adjusted EBITDA in 2022.","ADESA digital dealer-to-dealer volumes up 31% YoY; gross profit per vehicle sold rose to $255 from $248.","Board authorized $200M increase in share repurchase program, leaving ~$309M available for repurchases through Dec 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001395942-22-000030","json":"https://secwatch.observer/filing/0001395942-22-000030.json","markdown":"https://secwatch.observer/filing/0001395942-22-000030.md","text":"https://secwatch.observer/filing/0001395942-22-000030.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1395942/000139594222000030/0001395942-22-000030-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1395942/000139594222000030/kar-20220503.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-26T01:22:22.606257+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}