STOCK TITAN

ACV Auctions (ACVA) COO has 29,964 shares withheld to cover taxes

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

ACV Auctions Inc. Chief Operating Officer Vikas Mehta reported automatic share dispositions related to tax withholding, not open-market sales. On July 1, 2026, a total of 29,964 shares of common stock were withheld by the company at $7.29 per share to cover tax liabilities upon the vesting of previously granted time-based restricted stock units.

After these non-discretionary tax-withholding transactions, Mehta directly holds 835,600 shares of ACV Auctions common stock, which includes 2,500 shares acquired through the company’s 2021 Employee Stock Purchase Plan for the purchase period from December 1, 2025 to May 31, 2026.

Positive

  • None.

Negative

  • None.
Insider Mehta Vikas
Role Chief Operating Officer
Type Security Shares Price Value
Tax Withholding Common Stock 4,487 $7.29 $33K
Tax Withholding Common Stock 6,382 $7.29 $47K
Tax Withholding Common Stock 12,776 $7.29 $93K
Tax Withholding Common Stock 6,319 $7.29 $46K
Holdings After Transaction: Common Stock — 835,600 shares (Direct, null)
Footnotes (1)
  1. These shares were withheld by the Issuer to cover the tax liability upon the vesting of a time-based restricted stock unit previously granted, and does not represent a discretionary sale by the reporting person. Includes 2,500 shares acquired pursuant to the Company's 2021 Employee Stock Purchase Plan (ESPP) for the purchase period of 12/1/2025 to 5/31/2026.
Tax-withheld shares 29,964 shares Shares withheld to cover tax liability on RSU vesting
Withholding price $7.29 per share Value used for tax-withholding dispositions on July 1, 2026
Post-transaction holdings 835,600 shares Common stock held directly by Vikas Mehta after transactions
ESPP shares included 2,500 shares Acquired under 2021 Employee Stock Purchase Plan for 12/1/2025–5/31/2026 period
Tax-withholding transactions 4 entries Form 4 shows four F-code tax-withholding dispositions
restricted stock unit financial
"tax liability upon the vesting of a time-based restricted stock unit previously granted"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
Employee Stock Purchase Plan financial
"Includes 2,500 shares acquired pursuant to the Company's 2021 Employee Stock Purchase Plan"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
tax liability financial
"withheld by the Issuer to cover the tax liability upon the vesting"
withheld by the Issuer financial
"These shares were withheld by the Issuer to cover the tax liability"
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FAQ

What insider transactions did ACV Auctions (ACVA) COO Vikas Mehta report?

Vikas Mehta reported non-discretionary dispositions of ACV Auctions common stock. A total of 29,964 shares were withheld by the company to cover tax liabilities from vesting restricted stock units, rather than being sold in the open market.

Were Vikas Mehta’s ACV Auctions (ACVA) share transactions open-market sales?

No, the transactions were not open-market sales. The 29,964 shares were withheld by ACV Auctions to satisfy tax obligations upon vesting of time-based restricted stock units, as noted in the filing footnote.

How many ACV Auctions (ACVA) shares does COO Vikas Mehta hold after these transactions?

After the tax-withholding dispositions, Vikas Mehta directly holds 835,600 shares of ACV Auctions common stock. This total includes shares from equity awards and other holdings reported in the Form 4 filing.

At what price were the ACV Auctions (ACVA) shares withheld for taxes?

The withheld shares were valued at $7.29 per share. This price was used when 29,964 shares of common stock were surrendered to ACV Auctions to cover the tax liability from vesting restricted stock units.

What role did restricted stock units play in Vikas Mehta’s ACV Auctions (ACVA) Form 4?

The Form 4 reflects tax withholding upon vesting of previously granted time-based restricted stock units. ACV Auctions withheld 29,964 shares of common stock to cover Mehta’s associated tax liability for these vesting equity awards.

What is noted about ACV Auctions (ACVA) Employee Stock Purchase Plan in this Form 4?

The filing notes that Mehta’s holdings include 2,500 shares acquired under ACV Auctions’ 2021 Employee Stock Purchase Plan for the purchase period from December 1, 2025 through May 31, 2026.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Mehta Vikas

(Last)(First)(Middle)
C/O ACV AUCTIONS INC.
640 ELLICOTT ST., SUITE 321

(Street)
BUFFALO NEW YORK 14203

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
ACV Auctions Inc. [ ACVA ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Operating Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock07/01/2026F4,487(1)D$7.29835,600D
Common Stock07/01/2026F6,382(1)D$7.29829,218D
Common Stock07/01/2026F12,776(1)D$7.29816,442D
Common Stock07/01/2026F6,319(1)D$7.29812,623(2)D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. These shares were withheld by the Issuer to cover the tax liability upon the vesting of a time-based restricted stock unit previously granted, and does not represent a discretionary sale by the reporting person.
2. Includes 2,500 shares acquired pursuant to the Company's 2021 Employee Stock Purchase Plan (ESPP) for the purchase period of 12/1/2025 to 5/31/2026.
Remarks:
/s/ Michelle Webb, Attorney-in-Fact07/06/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)