ACV Auctions (ACVA) CEO buys 24,272 shares in Rule 10b5-1 trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ACV Auctions Inc. Chief Executive Officer George Chamoun purchased 24,272 shares of common stock in an open-market transaction at a weighted average price of $5.05 per share. After this trade, he directly owns 2,952,977 shares. The purchase was made pursuant to a pre-arranged Rule 10b5-1 trading plan entered into on September 15, 2025, indicating it was scheduled in advance rather than timed opportunistically.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Buyer: 24,272 shares ($122,574)
Net Buy
1 txn
Insider
Chamoun George
Role
Chief Executive Officer
Bought
24,272 shs ($123K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 24,272 | $5.05 | $123K |
Holdings After Transaction:
Common Stock — 2,952,977 shares (Direct)
Footnotes (1)
- Shares purchased pursuant to a Rule 10b5-1 trading plan entered into on September 15, 2025. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $4.87 to $5.19 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 purchased at each separate price within the range set forth in this footnote.
FAQ
What did ACV Auctions (ACVA) CEO George Chamoun do in this Form 4 filing?
George Chamoun reported buying 24,272 ACV Auctions common shares in the open market at a weighted average price of $5.05 per share. This transaction increased his direct holdings to 2,952,977 shares, as disclosed in the Form 4 insider trading report.
Is this ACV Auctions (ACVA) insider trade a buy or a sell?
It is a buy transaction. The Form 4 lists transaction code “P” for an open-market purchase and flags the direction as a net buy of 24,272 shares, with no reported sales or derivative exercises in this particular filing.