Coleman Charles S. sold $1.4M of OPLN

Coleman Charles S. (EVP, CLO & Secretary) sold 38,496 shares of OPENLANE, Inc. (OPLN) at an average of $35.65 ($35.65–$36.08, $1.37M total) across 4 trades over 2026-11-05 to 2026-11-06.

Original reporting
SEC EDGAR · Coleman Charles S.
Published Nov 9, 2026, 4:27 PM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI Nov 9, 2026, 4:32 PM UTC. Informational, not investment advice.
How this was made
AlphAI summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
AlphAI market briefInsider activity
Primary signal
$OPLN
Bearish
medium confidence
Mentioned
$OPLN
Relevance
6/10
AlphAI data visualization · based on SEC EDGAR
Decision brief

The 30-second read

$OPLNBearishLow
01

Why it matters

The disclosed sale reduces insider ownership, which can be interpreted as a negative signal, potentially prompting short sellers.

02

Market read

A senior executive's insider sale may cause modest short-term price pressure on OPLN.

03

What to watch

The insider may have needed liquidity for personal reasons; the market may already price in the sale.

Relevance 6/10Novelty 4/10Timing: same-day filing

Background

Form 4 filing discloses insider transactions required by the SEC, providing transparency on executive holdings.

Company-level read

Ticker impact

$OPLNBearishMedium confidence
Context

EVP and CLO Coleman Charles S. sold 38,496 shares for $1.37M, reducing his stake to 74,334 shares.

Expected impact

likely downward pressure as market prices in the insider sell

Evidence & confidence

A senior executive sold a sizable block shortly after filing, which often leads to short-term sell pressure.

Market effects

minimal impact on the broader semiconductor/technology sector

none

none

Counterpoint

The sale could be a routine portfolio rebalancing rather than a lack of confidence.

Key entities

  • Openlane, Inc.

    US-listed semiconductor company (ticker OPLN).

  • Coleman Charles S.

    Executive Vice President, Chief Legal Officer & Secretary of Openlane.

Full insider trading history

This story covers one filing. See everything behind it: every insider buy and sell on record, 10b5-1 plans, late filings, and which officers and directors are trading.

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OPENLANE (OPLN) reported Q3 2026 revenue of $561.2M, beating estimates by 1.3% and growing 12.6% YoY. Adjusted EPS of $0.43 beat by 13.6%. Adjusted EBITDA was $106.8M, a 4.9% beat. Management raised full-year adjusted EPS guidance to $1.48, up 2.4%. Operating margin improved to 12.5% from 11%, while free cash flow margin declined to 14.8% from 28.2%.