{"schema_version":"secwatch.filing_event.v1","accession":"0001395942-23-000039","form_type":"8-K","ticker":"OPLN","cik":"0001395942","company_name":"OPENLANE, Inc.","filed_at":"2023-04-17T23:59:59+00:00","discovered_at":"2026-05-14T18:03:38.688915+00:00","generated_at":"2026-06-17T01:17:18.764241+00:00","sec_items":["5.02","7.01","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"KAR Global appoints Brad Lakhia as EVP & CFO, effective April 17, 2023","bullets":["Brad Lakhia appointed EVP and CFO effective Apr 17, 2023; reports to CEO Peter Kelly.","Succeeds Scott Anderson, who returns to Chief Accounting Officer role (interim CFO since Jan 1).","Lakhia previously VP Finance, Americas at Goodyear (unit with >$10B revenue); 25+ years experience.","Receives $500K cash sign-on (repayable if leaves within 2 years) and $400K RSU award vesting over 2 years.","Severance: 1.5x salary+bonus for without cause/good reason; 2x if within 2 years of change of control."],"urls":{"canonical":"https://secwatch.observer/filing/0001395942-23-000039","json":"https://secwatch.observer/filing/0001395942-23-000039.json","markdown":"https://secwatch.observer/filing/0001395942-23-000039.md","text":"https://secwatch.observer/filing/0001395942-23-000039.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1395942/000139594223000039/0001395942-23-000039-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1395942/000139594223000039/kar-20230417.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T01:17:18.764241+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":[{"claim_id":"d3bf9f0108","claim":"Brad S. Lakhia was appointed as Executive Vice President and Chief Financial Officer at OPENLANE, Inc..","evidence_excerpt":"appointed Brad S. Lakhia as Executive Vice President and Chief Financial Officer of the Company, effective immediately.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1395942/000139594223000039/0001395942-23-000039-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Executive Vice President and Chief Financial Officer"}],"fact_type":"executive_change"},{"claim_id":"fc0c4db38d","claim":"Scott A. Anderson changed role as Chief Accounting Officer at OPENLANE, Inc..","evidence_excerpt":"who served as interim Chief Financial Officer from January 1, 2023 through April 16, 2023. Mr. Anderson will continue to serve as the Company's Chief Accounting Officer and principal accounting officer.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1395942/000139594223000039/0001395942-23-000039-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Role","value":"Chief Accounting Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}