secwatch.observer — SEC 8-K summary
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Issuer:     OPENLANE, Inc. (OPLN)
CIK:        0001395942
Form:       8-K
Filed at:   2022-06-02T23:59:59+00:00
Accession:  0001395942-22-000042
Event type: other_material
Sentiment:  neutral
Materiality: 0.15
Item codes: 5.07
LLM model:  deepseek-v4-flash:cloud@v2

KAR Auction Services shareholders elect all director nominees, approve executive compensation, ratify KPMG
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- Roy Mackenzie elected as Apax Investor nominee with 35,174,929 votes for, none against.
- Nine other director nominees elected with over 138 million votes each; broker non-votes of 4,117,068.
- Advisory vote on executive compensation approved: 142,390,582 for, 3,405,951 against.
- Ratification of KPMG as auditor for FY2022 passed: 149,095,556 for, 818,089 against.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1395942/000139594222000042/0001395942-22-000042-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1395942/000139594222000042/kar-20220602.htm
  HTML page:      https://secwatch.observer/filing/0001395942-22-000042

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer