Form 4: ACV Auctions director Brian Hirsch purchases 80,571 at $6.21
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ACV Auctions (ACVA): Director Brian Hirsch reported an open-market purchase of 80,571 shares of Class A common stock on 11/14/2025 at a weighted average price of $6.21. Following the transaction, he directly beneficially owned 99,678 shares. He also reports indirect holdings of 1,397,090 shares through Tribeca Venture Fund II, L.P. and 465,697 shares through Tribeca Venture Fund II New York, L.P. The trades occurred within a price range of $6.175–$6.22.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 80,571 shares ($500,346)
Net Buy
3 txns
Insider
Hirsch Brian
Role
Director
Bought
80,571 shs ($500K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A Common Stock | 80,571 | $6.21 | $500K |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 99,678 shares (Direct);
Class A Common Stock — 1,397,090 shares (Indirect, By Tribeca Venture Fund II, L.P.)
Footnotes (1)
- The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $6.175 to $6.22 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. The shares are held by Tribeca Venture Fund II, L.P. ("TVFII"). Tribeca Venture Partners II GP, LLC ("TVP II GP") is the general partner of TVFII. The Reporting Person is a managing partner of TVP II GP. The Reporting Person disclaims beneficial ownership of the shares held by TVFII, except to the extent of his pecuniary interest, if any, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such shares. The shares are held by Tribeca Venture Fund II New York, L.P. ("TVFII NY"). TVP II GP is the general partner of TVFII NY. The Reporting Person is a managing partner of TVP II GP. The Reporting Person disclaims beneficial ownership of the shares held by TVFII NY, except to the extent of his pecuniary interest, if any, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such shares.
FAQ
What did ACVA director Brian Hirsch report on Form 4?
He reported buying 80,571 shares of Class A common stock on 11/14/2025 at a weighted average price of $6.21.
What indirect ACVA holdings were disclosed?
Indirect holdings include 1,397,090 shares via Tribeca Venture Fund II, L.P. and 465,697 shares via Tribeca Venture Fund II New York, L.P.
What is Brian Hirsch’s relationship to ACV Auctions (ACVA)?
He is a Director of ACV Auctions Inc.
Was the reported price a single trade or an average?
It was a weighted average price, with multiple trades within the stated range.