secwatch.observer — SEC 8-K summary
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Issuer:     OPENLANE, Inc. (OPLN)
CIK:        0001395942
Form:       8-K
Filed at:   2024-06-10T23:59:59+00:00
Accession:  0001395942-24-000042
Event type: other
Sentiment:  neutral
Materiality: 0.15
Item codes: 5.07
LLM model:  deepseek-v4-flash:cloud@v2

OPENLANE shareholders approve all five proposals at 2024 annual meeting
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- Roy Mackenzie (Apax nominee) elected with 35,797,296 votes from Series A Preferred; no votes against.
- Seven other director nominees elected; Stefan Jacoby received most votes against (15.7M).
- Advisory say-on-pay approved with ~130.5M votes for (96.7%); broker non-votes 4.5M.
- Omnibus Plan amendment approved with ~130M votes for (96.5% of votes cast).
- Ratification of KPMG as auditor passed with ~138.6M votes for (99.5%).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1395942/000139594224000042/0001395942-24-000042-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1395942/000139594224000042/kar-20240607.htm
  HTML page:      https://secwatch.observer/filing/0001395942-24-000042

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