Filing Details

Accession Number:
0001628280-25-031037
Form Type:
4
Zero Holdings:
No
Publication Time:
2025-06-12 16:41:50
Reporting Period:
2024-05-29
Filing Date:
2025-06-12
Accepted Time:
2025-06-12 16:41:50
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1637873 Acv Auctions Inc. ACVA () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1419488 George Chamoun C/O Acv Auctions Inc.
640 Ellicott St., Suite 321
Buffalo NY 14203
Chief Executive Officer Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Disposition 2025-06-10 207,578 $16.73 2,888,494 No 4 S Direct
Class A Common Stock Disposition 2025-06-11 142,422 $16.92 2,746,072 No 4 S Direct
Class A Common Stock Disposition 2024-05-29 91,705 $0.00 2,654,367 No 4 J Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 S Direct
No 4 J Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class A Common Stock Performance Stock Unit Acquisiton 2024-05-29 91,705 $0.00 91,705 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
91,705 2027-07-01 No 4 J Direct
Footnotes
  1. Shares sold pursuant to a Rule 10b5-1 trading plan enter into on December 13, 2024.
  2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.59 to $16.92 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.71 to $17.15 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  4. In a Form 4 filed on June 3, 2024 the PSU grant reflected here, due to an administrative error, was reported as Class A Common Stock in Table I rather than a PSU grant in Table II. The PSUs arehereby being removed from Table I and correctly reported in Table II.
  5. The PSUs are subject to both service-based vesting conditions and a requirement that the average closing price of the Class A Common Stock of Company, as measured over a period of 30 tradingdays commencing at the grant date and ending July 1, 2027, equals or exceeds a designated level (the "Stock Price Condition"). The PSUs will vest in one-third installments on each of July 1, 2025, 2026and 2027, provided that the Stock Price Condition has been satisfied prior to the relevant date. If the Stock Price Condition has not yet been satisfied prior to the relevant date, then the PSUs thatotherwise would have vested on such date will remain unvested unless and until the Stock Price Condition has been satisfied, subject to the Reporting Person's continuous service through the relevantvesting date.