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ACV Auctions Inc. Director's Dealing 2025

Mar 11, 2025

31779_dirs_2025-03-11_500b683e-2c75-4773-9ffb-34119eec9eeb.zip

Director's Dealing

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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.