ACV Auctions (ACVA) COO has 29,964 shares withheld to cover taxes
Filing Impact
Filing Sentiment
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 Trade Summary
4 transactions reported
Mixed
4 txns
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)
- 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.
Key Figures
Tax-withheld shares: 29,964 shares
Withholding price: $7.29 per share
Post-transaction holdings: 835,600 shares
+2 more
5 metrics
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
Key Terms
restricted stock unit, Employee Stock Purchase Plan, tax liability, withheld by the Issuer
4 terms
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"
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.
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.