Vanguard Capital Management Establishes 5.26% Stake in OPENLANE Inc

Vanguard Capital Management LLC has filed a Schedule 13G with the SEC, reporting a new ownership stake in OPENLANE Inc (KAR). As of the event date on March 31, 2026, the firm beneficially owns 5,591,804 shares of common stock, representing a 5.26% ownership interest in the company. The filing indicates that Vanguard holds sole dispositive power over all 5,591,804 shares, while maintaining sole voting power over 812,188 shares. This position includes holdings managed by various affiliates, including Vanguard Asset Management Limited and Vanguard Global Advisers, LLC. The filing was made under Rule 13d-1(b), certifying that the securities were acquired in the ordinary course of business and not for the purpose of changing or influencing the control of the issuer. This represents a significant increase from a previous ownership level of 0.0%, marking Vanguard's entry as a major institutional shareholder in OPENLANE Inc.