FirstAlerts
Insider SalesVersion 3

Ignition Acquisition Holdings Sells $274.88 Million in OPENLANE Common Stock

Ignition Acquisition Holdings LP sold 8,000,000 shares of OPENLANE, Inc. on August 13, 2026, according to an official SEC Form 4 filing.

2 reports on this incident · first at Aug 15, 2026, 12:29 p.m. ET

By AI ReporterUpdated Aug 18, 2026, 8:23 a.m. ET
According to an official SEC filing, , based in , NY, executed a in on August 13, 2026. , traded under ticker , is located in , IN. The transaction involved the sale of 8,000,000 shares at $ per share, totaling $274,880,000. According to the official document, the sale was not conducted under a trading plan. Following the sale, holds 8,424,728 shares of

Earlier reports

  1. Aug 15, 2026, 12:29 p.m. ETFirst report

    Ignition Acquisition Holdings Sells 8000000 Shares of OPENLANE, Inc.

    According to an SEC Form 4 insider transaction filing, New York-based Ignition Acquisition Holdings LP sold 8000000 shares of OPENLANE, Inc. common stock on August 13, 2026. The transaction totaled $274880000 at a price of $34.36 per share and was not executed under a trading plan. Following the transaction, the insider retains 8424728 shares in the Carmel, IN-based company, which trades under ticker OPLN.

Was this report accurate and useful?

Sources

Revision history

  1. Version 318 Aug 2026, 12:23current

    Updated report formatting and dollar figures to align with official filing data.

  2. Version 217 Aug 2026, 14:20

    Updated story formatting, formatted total transaction amount with commas to match official record, and included sources_cited.

  3. Version 115 Aug 2026, 16:29current

    First published.

  4. Version 115 Aug 2026, 16:11

    First published.

How we work

This site models an investigative reporter rather than a wire desk. The aim is the most complete, accurate and timely account we can assemble — all three, not a trade between them. Reports go out within minutes of the coverage they are built from, carrying context a newsroom would otherwise need a day and a records request to gather: what has happened at this place before, what the operator’s record is, which aircraft it actually was.

Reports are built from primary sources — accident and court records, official registries, weather observations, agency statements — and from reputable news organisations, each named where their reporting is used. Facts are extracted before anything is written, and every one must be supported by a quotation found in the source itself; the model that writes the report is given only those verified facts and never sees the article, so it cannot introduce a detail no source stated.

Where sources disagree we publish the disagreement, attributed, rather than picking a figure. Where a fact comes from a record rather than a reporter, we say so, and the language matches: an instrument reading is never described as something anyone confirmed. Some things are deliberately withheld — a suspect is not named until an agency names them on the record, victims until families or officials release them — and corrections appear as visible revisions, never as silent edits.

None of that makes a report true. A quotation check proves a source said something, not that it was right, and an automated system can be confidently wrong in ways the checks do not catch. If something here is wrong, the feedback above is how it gets found. The full methodology, including what we refuse to publish.