Michael Waterman - 04 Mar 2025 Form 4 Insider Report for ACV Auctions Inc. (ACVA)

Role
Chief Sales Officer
Signature
/s/ Michelle Webb, Attorney-in-Fact
Issuer symbol
ACVA
Transactions as of
04 Mar 2025
Net transactions value
+$305,439
Form type
4
Filing time
06 Mar 2025, 16:46:00 UTC
Previous filing
06 Feb 2025
Next filing
27 Mar 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ACVA Class A Common Stock Award $503,627 +33,960 +11% $14.83 356,915 04 Mar 2025 Direct F1
transaction ACVA Class A Common Stock Tax liability $198,188 -13,364 -3.7% $14.83 343,551 04 Mar 2025 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 4, 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.