{"filing":{"accession_number":"0001395942-26-000027","cik":"0001395942","ticker":"OPLN","company_name":"OPENLANE, Inc.","form":"8-K","filing_date":"2026-06-12","report_date":null,"primary_document":"kar-20260609.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1395942/000139594226000027/kar-20260609.htm"},"events":[{"id":10395,"run_id":9117,"accession_number":"0001395942-26-000027","anchor_item_number":"5.02","event_type":"exec_appointment","event_domain":"governance","is_material":true,"confidence":0.95,"summary":"The filing discloses the election of David Hult as a director of OPENLANE, Inc., effective June 12, 2026, following a Board decision on June 9, 2026 to increase the Board size to ten directors. This is a clear executive appointment event. Mr. Hult brings significant automotive industry experience, having recently served as Executive Chairman of Asbury Automotive Group (NYSE: ABG) and previously as President and CEO of that company. The appointment of a seasoned executive to the Board is material to investors assessing the Company's governance and strategic direction.","company_name":"OPENLANE, Inc.","ticker":"OPLN","filing_date":"2026-06-12","form":"8-K","submitted_at":null,"items":[{"id":6701,"accession_number":"0001395942-26-000027","item_number":"5.02","item_title":"Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.","event_type":"exec_appointment","event_domain":"governance","is_material":true,"confidence":0.95,"reasoning":"The filing discloses the election of David Hult as a director of OPENLANE, Inc., effective June 12, 2026, following a Board decision on June 9, 2026 to increase the Board size to ten directors. This is a clear executive appointment event. Mr. Hult brings significant automotive industry experience, having recently served as Executive Chairman of Asbury Automotive Group (NYSE: ABG) and previously as President and CEO of that company. The appointment of a seasoned executive to the Board is material to investors assessing the Company's governance and strategic direction.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-13T00:18:55.621275+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":6701,"accession_number":"0001395942-26-000027","item_number":"5.02","item_title":"Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.","event_type":"exec_appointment","event_domain":"governance","is_material":true,"confidence":0.95,"reasoning":"The filing discloses the election of David Hult as a director of OPENLANE, Inc., effective June 12, 2026, following a Board decision on June 9, 2026 to increase the Board size to ten directors. This is a clear executive appointment event. Mr. Hult brings significant automotive industry experience, having recently served as Executive Chairman of Asbury Automotive Group (NYSE: ABG) and previously as President and CEO of that company. The appointment of a seasoned executive to the Board is material to investors assessing the Company's governance and strategic direction.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-13T00:18:55.621275+00:00","company_name":"OPENLANE, Inc.","ticker":"OPLN","filing_date":"2026-06-12"}]}