---
schema_version: "secwatch.filing_event.v1"
accession: "0001395942-26-000022"
form_type: "8-K"
ticker: "OPLN"
cik: "0001395942"
company_name: "OPENLANE, Inc."
filed_at: "2026-05-29T17:57:10+00:00"
generated_at: "2026-05-29T17:58:15.091275+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.2
calibrated_materiality_score: 0.2
confidence: "high"
source: SEC EDGAR
---

# OPENLANE eliminates Series A Convertible Preferred Stock from charter

## Summary
- Filed Certificate of Elimination with Delaware Secretary of State on May 29, 2026.
- Removes all matters related to Series A Convertible Preferred Stock from company's amended certificate of incorporation.
- Original Certificate of Designations for Series A Preferred Stock was filed on June 9, 2020.
- Action simplifies the corporate charter by eliminating the authorized preferred stock series.

## SEC filing metadata
- accession: 0001395942-26-000022
- form_type: 8-K
- ticker: OPLN
- cik: 0001395942
- company_name: OPENLANE, Inc.
- filed_at: 2026-05-29T17:57:10+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.2
- calibrated_materiality_score: 0.2
- confidence: high
- sec_items: 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1395942/000139594226000022/0001395942-26-000022-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1395942/000139594226000022/kar-20260529.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001395942-26-000022
- JSON: https://secwatch.observer/filing/0001395942-26-000022.json
- Plain text: https://secwatch.observer/filing/0001395942-26-000022.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.