Executive Vice President and Chief Financial Officer · OPENLANE, Inc. (KAR)

Brad Herring

FY2025 is the first fiscal year CompBrief holds for Brad Herring as a named executive officer of OPENLANE; the record below is that year, complete. Every figure below is printed as the company filed it and cited to the filing it came from.

Total disclosed compensation, FY2025

$3,364,856

Compensation figures as of the proxy filed April 24, 2026 (DEF 14A).

Brad Herring compensation by year

OPENLANE Summary Compensation Table · the one fiscal year held
In US dollars, as OPENLANE reports it. Most recent year shaded. Totals are the company’s disclosed totals.
ComponentFY2025
Salary$315,192
Bonus$100,000
Stock awards$2,409,414
Option awards$0
Non-equity incentive$528,000
Pension and deferred compensation$0
All other$12,250
Total$3,364,856

Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: OPENLANE, Inc. DEF 14A filed April 24, 2026, accession 0001104659-26-048054, and prior-year filings. Open the filing on EDGAR.

Equity holdings

unvested awards at FY2025 year-end
TypeUnvested unitsValue at year-endExercise price
PSU97,144$2,892,948—
RSU48,572$1,446,474—

Per the Outstanding Equity Awards at Fiscal Year-End table in OPENLANE, Inc.'s FY2025 proxy; value at the fiscal year-end close, as the company printed it.

OPENLANE’s named executive officers, FY2025

as the company reported each
Named executive officerRoleFY2025 total
Peter KellyChief Executive Officer$10,233,134
James CoyleExecutive Vice President and President, Marketplace$4,083,185
Brad Herring · this pageExecutive Vice President and Chief Financial Officer$3,364,856
Chuck ColemanExecutive Vice President, Chief Legal Officer and Secretary$2,180,678
Will MitchellPresident of AFC$1,702,708
Brad LakhiaFormer Executive Vice President and Chief Financial Officer$128,437

The full OPENLANE compensation record

free company brief

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Compensation, the day it’s disclosed

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How this record is built

Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are OPENLANE's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.

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