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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Name of Issuer)

(Title of Class of Securities)

(CUSIP Number)

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

X0202 SCHEDULE 13D/A 0001816546 XXXXXXXX LIVE 4 Common Stock, par value $0.01 per share 05/28/2026 false 0001395942 48238T109 OPENLANE, Inc. (f/k/a KAR Auction Services, Inc.) 11299 N. Illinois Street Suite 500 Carmel IN 46032 Roy Mackenzie (212) 753-6300 c/o Apax Partners US, LLC 601 Lexington Avenue, 58th Floor New York NY 10022 Ryerson Symons (212) 455-2000 Simpson Thacher & Bartlett LLP 425 Lexington Avenue New York NY 10017 Jakob Rendtorff (212) 455-2000 Simpson Thacher & Bartlett LLP 425 Lexington Avenue New York NY 10017 Keegan Lopez (212) 455-2000 Simpson Thacher & Bartlett LLP 425 Lexington Avenue New York NY 10017 Y Ignition Acquisition Holdings LP b AF N DE 0 16424728.00 0 16424728.00 16424728.00 N 13.4 PN 0001816546 N Ignition Acquisition Holdings GP LLC b AF N DE 0 16424728.00 0 16424728.00 16424728.00 N 13.4 OO Y Ignition Parent LP b AF N DE 0 16424728.00 0 16424728.00 16424728.00 N 13.4 PN Y Ignition GP LLC b OO N DE 0 16424728.00 0 16424728.00 16424728.00 N 13.4 OO Y Ignition Topco Ltd b OO N Y7 0 16424728.00 0 16424728.00 16424728.00 N 13.4 CO Y Apax X GP Co. Limited b OO N Y7 0 16424728.00 0 16424728.00 16424728.00 N 13.4 CO Y Apax Guernsey (Holdco) PCC Limited Apax X Cell b OO N Y7 0 16424728.00 0 16424728.00 16424728.00 N 13.4 OO Common Stock, par value $0.01 per share OPENLANE, Inc. (f/k/a KAR Auction Services, Inc.) 11299 N. Illinois Street Suite 500 Carmel IN 46032 This Amendment No. 4 ("Amendment No. 4") amends and supplements the Schedule 13D filed with the United States Securities and Exchange Commission (the "SEC") on July 2, 2020, as amended by Amendment No. 1 filed with the SEC on September 14, 2020, as amended by Amendment No. 2 filed with the SEC on September 11, 2025, as amended by Amendment No. 3 filed with the SEC on October 8, 2025 (as so amended, the "Schedule 13D") with respect to the common stock, par value $0.01 per share ("Common Stock") of OPENLANE, Inc. (f/k/a KAR Auction Services, Inc.), a Delaware corporation (the "Issuer"). The Schedule 13D is filed jointly on behalf (i) Ignition Acquisition Holdings LP, (ii) Ignition Acquisition Holdings GP LLC, (iii) Ignition Parent LP, (iv) Ignition GP LLC, (v) Ignition Topco Ltd, (vi), Apax X GP Co. Limited, and (vii) Apax Guernsey (Holdco) PCC Limited Apax X Cell (collectively, the "Reporting Persons"). Capitalized terms used in this Amendment No. 4 but not otherwise defined herein have the meanings set forth in the Schedule 13D. Item 3 of the Schedule 13D is hereby amended and supplemented as follows: The information set forth in Item 5 of this Amendment No. 4 is hereby incorporated by reference into this Item 3. Items 5(a)-(c) of the Schedule 13D are hereby amended and restated as follows: Each of the Reporting Persons may be deemed to beneficially own the 16,424,728 shares of Common Stock held by Ignition Acquisition Holdings LP following the conversion of Series A Preferred Stock described below, representing 13.4% of the outstanding Common Stock (calculated based on 105,946,106 shares of Common Stock outstanding as of April 30, 2026, as set forth in the Quarterly Report on Form 10-Q filed by the Issuer on May 5, 2026, plus the 16,424,728 shares of Common Stock issued upon the conversion described below). See Item 5(a) above. On May 28, 2026, Ignition Acquisition Holdings LP converted all of 288,323 shares of Series A Preferred Stock held by it for 16,424,728 shares of Common Stock at a conversion price of $17.75 per share, pursuant to the terms of the Certificate of Designations. Ignition Acquisition Holdings LP /s/ Steven Kooyers Steven Kooyers, Treasurer and Secretary of Ignition Acquisition Holdings GP LLC, its general partner 06/01/2026 Ignition Acquisition Holdings GP LLC /s/ Steven Kooyers Steven Kooyers, Treasurer and Secretary 06/01/2026 Ignition Parent LP /s/ Steven Kooyers Steven Kooyers, Treasurer and Secretary of Ignition GP LLC, its general partner 06/01/2026 Ignition GP LLC /s/ Steven Kooyers Steven Kooyers, Treasurer and Secretary 06/01/2026 Ignition Topco Ltd /s/ Mark Babbe Mark Babbe, Director 06/01/2026 Apax X GP Co. Limited /s/ Jeremy Latham Jeremy Latham, Director 06/01/2026 Apax Guernsey (Holdco) PCC Limited Apax X Cell /s/ Simon March Simon March, Authorised Signatory for and on behalf of Apax Partners Guernsey Limited as Company Secretary to Apax Guernsey (Holdco) PCC Limited 06/01/2026