{"schema_version":"secwatch.filing_event.v1","accession":"0001395942-26-000027","form_type":"8-K","ticker":"OPLN","cik":"0001395942","company_name":"OPENLANE, Inc.","filed_at":"2026-06-12T12:00:07+00:00","discovered_at":"2026-06-12T12:05:00.289974+00:00","generated_at":"2026-06-12T12:06:38.576354+00:00","sec_items":["5.02"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"confidence":"high","headline":"OPENLANE elects David Hult to board, expands to ten directors","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0001395942-26-000027","json":"https://secwatch.observer/filing/0001395942-26-000027.json","markdown":"https://secwatch.observer/filing/0001395942-26-000027.md","text":"https://secwatch.observer/filing/0001395942-26-000027.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1395942/000139594226000027/0001395942-26-000027-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1395942/000139594226000027/kar-20260609.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T12:06:38.576354+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":"1af3288bb1","claim":"David Hult was elected as director at OPENLANE, Inc..","evidence_excerpt":"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.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1395942/000139594226000027/0001395942-26-000027-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"elected"},{"label":"Role","value":"director"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}