Ignition Acquisition Holdings LP sold OPLN

August 13, 2026 · Form 4 insider transaction

Ignition Acquisition Holdings LP sold 8,000,000 shares of OPENLANE, Inc. at $34.36 per share, a transaction worth $274.88M. The trade was recorded as open-market sale and disclosed on an SEC Form 4, filed 0 days after the transaction.

Direction
Disposed (sell-side)
Shares
8,000,000
Price
$34.36
Total value
$274.88M
Role10% owner
SecurityCommon Stock
Transaction codeS: Open-market sale
Transaction dateAugust 13, 2026
Filing dateAugust 13, 2026
Shares owned after8,424,728
OwnershipIndirect
10b5-1 planNo
AmendedNo

Footnotes

Reflects securities held directly by Ignition Acquisition Holdings LP. Ignition Acquisition Holdings GP LLC is the general partner of Ignition Acquisition Holdings LP. Ignition Parent LP is the sole member of Ignition Acquisition Holdings GP LLC. Ignition GP LLC is the general partner of Ignition Parent LP. Ignition Topco Ltd is the sole member of Ignition GP LLC. Apax X GP Co. Limited, in its capacity as investment manager of the Apax funds, controls 100% of the shares of Ignition Topco Ltd. Apax Guernsey (Holdco) PCC Limited Apax X Cell is the sole parent of Apax X GP Co. Limited.; Each of the Reporting Persons may be deemed to beneficially own the securities beneficially owned by Ignition Acquisition Holdings LP directly or indirectly controlled by it, but each (other than Ignition Acquisition Holdings LP to the extent of its direct holdings) disclaims beneficial ownership of such shares, except to the extent of such Reporting Person's pecuniary interest therein. The filing of this statement shall not be deemed to be an admission that, for purposes of Section 16 of the Securities Exchange Act of 1934 or otherwise, the Reporting Persons are the beneficial owners of any securities reported herein.

View the original Form 4 on SEC EDGAR