Apax Guernsey (Holdco) PCC Ltd's Form 4 filing
OPENLANE, Inc. (OPLN) · filed Jun 1, 2026
- Accession no.
- 0001193125-26-251807
- Filed
- Jun 1, 2026, 5:32 PM ET
- Trade date
- May 28, 2026
- Filing delay
- 4 days
- Rule 10b5-1 plan
- Not checked
This filing lists 1 non-derivative transaction and 1 derivative transaction. It was filed 4 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Apax Guernsey (Holdco) PCC LtdCIK 0001469807 | 10% Owner |
| Ignition Acquisition Holdings GP LLCCIK 0001816546 | 10% Owner |
| Ignition Acquisition Holdings LPCIK 0001816556 | 10% Owner |
| Ignition GP LLCCIK 0001816586 | 10% Owner |
| Ignition Parent LPCIK 0001816602 | 10% Owner |
| Apax X GP Co. LtdCIK 0001817053 | 10% Owner |
| Ignition Topco LtdCIK 0001817060 | 10% Owner |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| May 28, 2026 | Common Stock | CConversionAcquired | +16,424,728 | $17.75F1 | +$291,538,922 | 16,424,728 | Indirect |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| May 28, 2026 | Common Stock | SSaleDisposed | −16,424,728 | –F1 | – | 0 | Indirect |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
Reflects Series A Preferred Stock, par value $0.01 per share, of the Issuer ("Series A Preferred Stock"). The Series A Preferred Stock had no stated maturity, and beginning on June 10, 2021, the Series A Preferred Stock were convertible at the option of the holders thereof into shares of common stock, par value $0.01 per share, of the Issuer ("Common Stock") at an initial conversion price of $17.75 per share of Series A Preferred Stock and an initial conversion rate of 56.3380 shares of Common Stock per share of Series A Preferred Stock, subject to adjustment as provided in the Certificate of Designations of the Series A Preferred Stock ("Certificate of Designations"). The Issuer had the right to mandatorily convert the Series A Preferred Stock into Common Stock at any time after the three-year anniversary of the issuance, if certain conditions are met.
Referenced by the price of 1 transaction in Table I and 1 transaction in Table II.