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EdgarHawk

Coleman Charles S.

EVP, CLO & Secretary

Officer

Latest: EVP, CLO & Secretary selling · May 2026

3 filings analyzed · 1 company · Latest 2026-05-08

Companies

Company Buys Sells Direction
OPENLANE, Inc. OPLN 0 10 Net selling

Activity

May 2026
2026-05-08 OPENLANE, Inc. OPLN
medium
Sell
19,763 shares
$708,701
Significance 4/10

EVP Coleman exercises options and immediately sells all 19,763 shares at substantial profit despite mixed prior exit timing.

Coleman Charles S., Executive Vice President and Corporate Secretary, exercised stock options and sold the entire position on the same day, realizing proceeds of roughly $709,000 against an exercise cost of approximately $273,000. The simultaneous exercise-and-sale pattern is typical of liquidity management rather than a conviction-driven signal. His prior four sales at this company show conflicting timing results: all four were poorly timed over the near term as the stock rose within the following month, but exactly half recovered into negative territory over the longer term, suggesting mixed judgment on entry and exit points. The stock currently trades at all-time highs, and the company is profitable and growing revenue significantly. Coleman's transaction represents routine option monetization—neither a vote of confidence nor a red flag, given that the trade structure (exercise plus immediate sale) is a standard mechanism for vesting equity without added capital allocation decisions.

December 2025
2025-12-03 OPENLANE, Inc. OPLN
high
Sell
88,062 shares
$2,289,289
Significance 6/10

EVP/CLO Coleman sells 88,062 KAR shares for $2,289,289.11; reduces stake 62.2% to 53,474 shares

Coleman Charles S., Executive Vice President, Chief Legal Officer & Secretary, executed 2 separate sales totaling 88,062 shares on 2025-12-02 at a blended average price of $26.00, generating $2,289,289.11. This transaction reduces his holdings from 141,536 shares to 53,474 shares—a 62.2% reduction in his position. Critically, his prior 2 recorded sells at this same ticker (both on 2025-08-07) proved well-timed at the 90-day mark, showing a pattern where his selling has historically preceded stock declines. The stock is currently trading at $26.10, near the transaction price, and is down 11.9% from its 52-week high of $29.62 and down 10.5% over the past 90 days. Given his demonstrated timing accuracy on prior KAR trades and the substantial position reduction concurrent with recent price weakness, this filing warrants close attention to fundamentals and forward guidance.

August 2025
2025-08-08 OPENLANE, Inc. OPLN
high
Sell
59,289 shares
$1,658,313
Significance 6/10

Coleman (EVP, CLO) sells 59,289 shares in 2 transactions for $1,658,313.33 at $27.97; reduces stake by 52.6%.

Coleman Charles S., EVP, CLO & Secretary at OPENLANE, Inc., sold 59,289 shares across two separate transactions totaling $1,658,313.33 at a blended average price of $27.97. This represents a substantial reduction in his holdings, declining from 112,763 shares to 53,474 shares post-transaction (52.6% reduction). The stock is trading at $27.98, essentially at the transaction price, and sits 3.2% below its 52-week high of $28.90, having rallied 27.4% over the past 90 days and 10.9% in the last 30 days. The company's fundamentals remain sound, with $481.7M in latest quarterly revenue, $33.4M net income, and a 19.70 P/E. The scale of this reduction—halving his stake—is the material signal here; it reflects a meaningful shift in Coleman's personal capital allocation at the executive level.

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