OPENLANE elects David Hult to board, expands to ten directors

OPENLANE, Inc.

Board expanded to ten; David Hult elected effective June 12, 2026.
Hult is Executive Chairman of Asbury Automotive Group (NYSE: ABG); previously President & CEO.
He will receive standard cash and equity compensation per proxy statement filed April 24, 2026.
No arrangements or related-party transactions exist under Item 404(a) involving Hult.

item 5.02

Executive movements

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Appointed

David Hult

director

OPLN · OPENLANE, Inc.

Effective: 2026-06-12
Filed: June 12, 2026, 8:00 AM ET

the Board of Directors (the “Board”) of OPENLANE, Inc. (the “Company”) increased the size of the Board to ten (10) directors and elected David Hult as a director of the Company, effective June 12, 2026.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 1.0

David Hult was elected as director at OPENLANE, Inc..

Action: elected
Role: director

Exact text from the filing

the Board of Directors (the “Board”) of OPENLANE, Inc. (the “Company”) increased the size of the Board to ten (10) directors and elected David Hult as a director of the Company, effective June 12, 2026.

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OPENLANE, Inc. filing history →

Source: SEC EDGAR

accession 0001395942-26-000027

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