Brad Lakhia compensation by year
OPENLANE Summary Compensation Table · all 3 fiscal years held| Component | FY2023 | FY2024 | FY2025 |
|---|---|---|---|
| Salary | $398,077 | $575,000 | $110,577 |
| Bonus | $500,000 | $0 | $0 |
| Stock awards | $1,497,198 | $1,276,690 | $0 |
| Option awards | $1,851,047 | $0 | $0 |
| Non-equity incentive | $358,256 | $504,620 | $0 |
| Pension and deferred compensation | $0 | $0 | $0 |
| All other | $20,511 | $33,870 | $17,860 |
| Total | $4,625,089 | $2,390,180 | $128,437 |
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 FY2024 year-end| Type | Unvested units | Value at year-end | Exercise price |
|---|---|---|---|
| PSU | 78,445 | $1,556,349 | — |
| PSU | 64,060 | $1,270,950 | — |
| RSU | 13,487 | $267,582 | — |
| Option | 39,917 | — | $14.83 |
| Option | 159,665 | — | $14.83 |
Per the Outstanding Equity Awards at Fiscal Year-End table in OPENLANE, Inc.'s FY2024 proxy; value at the fiscal year-end close, as the company printed it.
Change-in-control & termination
estimated payments OPENLANE discloses, by trigger · FY2025| Trigger | Cash severance | Accelerated equity | Benefits continuation | Total as disclosed |
|---|---|---|---|---|
| Voluntary resignation | $0 | $0 | $0 | $0 |
Per the Potential Payments Upon Termination or Change in Control table in OPENLANE, Inc.'s FY2025 proxy. Estimates as the company printed them; a dash means it printed no figure.
OPENLANE’s named executive officers, FY2025
as the company reported each| Named executive officer | Role | FY2025 total |
|---|---|---|
| Peter Kelly | Chief Executive Officer | $10,233,134 |
| James Coyle | Executive Vice President and President, Marketplace | $4,083,185 |
| Bradley Herring | Executive Vice President and Chief Financial Officer | $3,364,856 |
| Charles Coleman | Executive Vice President, Chief Legal Officer and Secretary | $2,180,678 |
| William Mitchell | President of Automotive Finance Corporation (AFC) | $1,702,708 |
| Brad Lakhia · this page | Former Executive Vice President and Chief Financial Officer | $128,437 |
The full OPENLANE compensation record
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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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