AI assistant
ACV Auctions Inc. — Director's Dealing 2025
Mar 11, 2025
31779_dirs_2025-03-11_500b683e-2c75-4773-9ffb-34119eec9eeb.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: ACV Auctions Inc. (ACVA)
CIK: 0001637873
Period of Report: 2025-03-07
Reporting Person: Chamoun George (Director, Chief Executive Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-03-07 | Class A Common Stock | M | 300000 | $0.14 | Acquired | 2901048 | Direct |
| 2025-03-07 | Class A Common Stock | A | 41156 | $19.13 | Acquired | 2942204 | Direct |
| 2025-03-07 | Class A Common Stock | F | 21011 | $14.11 | Disposed | 2921193 | Direct |
| 2025-03-10 | Class A Common Stock | M | 250000 | $0.14 | Acquired | 3171193 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2025-03-07 | Employee Stock Option (Right to Buy) | $0.14 | M | 300000 | Disposed | 2027-03-21 | Class A Common Stock (300000) | Direct |
| 2025-03-10 | Employee Stock Option (Right to Buy) | $0.14 | M | 250000 | Disposed | 2027-03-21 | Class A Common Stock (250000) | Direct |
Footnotes
F1: Grant of Restricted Stock Units issued pursuant of the Company's 2024 Target Bonus Program whereby targets defined by the Compensation Committee were deemed to be achieved by the Board of Directors for the fiscal year 2024. The RSUs vested 100% upon grant on March 7, 2025.
F2: These shares were withheld by the Issuer to cover the tax liability upon the immediate vesting of the restricted stock unit granted and does not represent a discretionary sale by the reporting person.
F3: One-fourth (1/4th) of the shares subject to the option award vested on March 22, 2018, and thereafter one-forty-eighth of the shares subject to the option award vested monthly, subject to the Reporting Person's continuous service.