{"schema_version":"secwatch.filing_event.v1","accession":"0001395942-24-000075","form_type":"8-K","ticker":"OPLN","cik":"0001395942","company_name":"OPENLANE, Inc.","filed_at":"2024-11-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:08.334671+00:00","generated_at":"2026-05-30T03:23:46.903750+00:00","sec_items":["5.02"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"CFO Brad Lakhia to resign March 1, 2025; $500K sign-on waived for extended notice","bullets":["Brad S. Lakhia, EVP and CFO, notified OPENLANE of resignation effective March 1, 2025.","Company waives $500,000 sign-on repayment in exchange for Lakhia staying through March 1, 2025 and extending non-solicitation by one year.","No successor named; Lakhia leaves to pursue another opportunity closer to family."],"urls":{"canonical":"https://secwatch.observer/filing/0001395942-24-000075","json":"https://secwatch.observer/filing/0001395942-24-000075.json","markdown":"https://secwatch.observer/filing/0001395942-24-000075.md","text":"https://secwatch.observer/filing/0001395942-24-000075.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1395942/000139594224000075/0001395942-24-000075-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1395942/000139594224000075/kar-20241104.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-30T03:23:46.903750+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":"cf4c02bba0","claim":"Brad S. Lakhia resigned as Executive Vice President and Chief Financial Officer at OPENLANE, Inc..","evidence_excerpt":"On November 4, 2024, Brad S. Lakhia, the Company’s Executive Vice President and Chief Financial Officer, notified OPENLANE, Inc. (the “Company”) that he will resign from the Company effective March 1, 2025 to pursue another opportunity closer to family.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1395942/000139594224000075/0001395942-24-000075-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Executive Vice President and Chief Financial Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}