OPENLANE (OPLN) director David W. Hult files initial Form 3 ownership

Rhea-AI Filing Summary

OPENLANE, Inc. director David W. Hult filed an initial Form 3, which is a required statement of beneficial ownership when someone becomes an insider. This filing reports no transactions or holdings data in the provided excerpt and serves as an administrative disclosure of insider status.

Key Terms

Form 3, beneficial ownership, insider

3 terms

Form 3 regulatory

"filed an initial Form 3, which is a required statement of beneficial ownership"

Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.

beneficial ownership financial

"Form 3 is a required statement of beneficial ownership when someone becomes an insider"

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

insider regulatory

"when someone becomes an insider"

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Available on EDGAR 06/16/2026 - 03:29 PM Accepted by SEC EDGAR 06/16/2026 - 03:28 PM Learn about SEC filing dates

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Hult David W

(Last) (First) (Middle)

C/O OPENLANE, INC.

11299 NORTH ILLINOIS STREET

(Street)

CARMEL INDIANA 46032

(City) (State) (Zip)

UNITED STATES

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
06/12/2026

3. Issuer Name and Ticker or Trading Symbol
OPENLANE, Inc. [ OPLN ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

Remarks:

No securities are beneficially owned.

	Kristen Trout, as Attorney-In-Fact	06/16/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

FAQ

What does the OPENLANE (OPLN) Form 3 filing for David W. Hult show?

The Form 3 identifies David W. Hult as a director and therefore an insider of OPENLANE, Inc. It reports no buy, sell, acquisition, or disposition transactions in the provided data, serving primarily as an initial beneficial ownership statement.

Does the OPENLANE (OPLN) Form 3 disclose any share transactions?

No transactions are disclosed in this Form 3 excerpt. The transaction summary shows zero buys, sells, exercises, gifts, tax withholdings, or restructurings, indicating no reportable trading activity associated with this initial insider ownership filing.

Who is the reporting person in the OPENLANE (OPLN) Form 3 filing?

The reporting person is David W. Hult, listed as a director of OPENLANE, Inc. As a director, he is subject to insider reporting requirements, including filing Form 3 to disclose his beneficial ownership position when he becomes an insider.

Does the OPENLANE (OPLN) Form 3 include any derivative securities?

The derivative summary in this Form 3 excerpt is empty. That means it shows no options, warrants, or other derivative securities reported for David W. Hult in this particular initial ownership statement for OPENLANE, Inc.

What is the purpose of this OPENLANE (OPLN) Form 3 filing?

This Form 3 serves as an initial statement of beneficial ownership for director David W. Hult at OPENLANE, Inc. It fulfills regulatory disclosure requirements by identifying him as an insider, even though the excerpt shows no specific share or derivative positions.