ACVA officer exercises options at $2, then sells 1,750 shares

Rhea-AI Filing Summary

ACV Auctions (ACVA) reported an insider Form 4 for its VP, Corporate Controller & CAO. On 10/15/2025, the reporting person exercised 1,750 employee stock options at $2 per share and sold 1,750 common shares at $8.84 per share pursuant to a Rule 10b5-1 trading plan entered on June 11, 2025.

Following these transactions, the insider directly owned 54,488 common shares. The filing shows 7,000 employee stock options remaining outstanding with an expiration date of 03/05/2029. The option award vested starting 10/15/2019 with monthly vesting thereafter.

Insider Trade Summary

Net Seller: 1,750 shares ($15,470)

Net Sell 3 txns

Insider Peer Andrew

Role VP, Corporate Controller & CAO

Sold 1,750 shs ($15K)

Type	Security	Shares	Price	Value
Exercise	Employee Stock Option (Right to Buy)	1,750	$0.00	--
Exercise	Common Stock	1,750	$2.00	$4K
Sale	Common Stock	1,750	$8.84	$15K

Holdings After Transaction: Employee Stock Option (Right to Buy) — 7,000 shares (Direct); Common Stock — 56,238 shares (Direct)

Footnotes (1)

1. Shares sold pursuant to a Rule 10b5-1 trading plan enter into on June 11, 2025. These shares were sold in a single transaction for $8.84 per share. One-fourth (1/4th) of the shares subject to the option award vested on October 15, 2019, and thereafter one-forty-eighth of the shares subject to the option award vested monthly, subject to the Reporting Person's continuous service.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED 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).

X

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^*

Peer Andrew

(Last) (First) (Middle)

C/O ACV AUCTIONS INC.

640 ELLICOTT ST., SUITE 321

(Street)

BUFFALO NY 14203

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
ACV Auctions Inc. [ ACVA ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	VP, Corporate Controller & CAO

3. Date of Earliest Transaction (Month/Day/Year)
10/15/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	10/15/2025		M		1,750	A	$2	56,238	D
Common Stock	10/15/2025		S(1)		1,750	D	$8.84(2)	54,488	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Employee Stock Option (Right to Buy)	$2	10/15/2025		M			1,750	(3)	03/05/2029	Common Stock	1,750	$0	7,000	D

Explanation of Responses:

1. Shares sold pursuant to a Rule 10b5-1 trading plan enter into on June 11, 2025.

2. These shares were sold in a single transaction for $8.84 per share.

3. One-fourth (1/4th) of the shares subject to the option award vested on October 15, 2019, and thereafter one-forty-eighth of the shares subject to the option award vested monthly, subject to the Reporting Person's continuous service.

Remarks:

	/s/ Michelle Webb, Attorney-in-Fact	10/16/2025
	** Signature of Reporting Person	Date
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.

FAQ

What insider activity did ACV Auctions (ACVA) report?

An officer exercised 1,750 stock options at $2 and sold 1,750 shares at $8.84 on 10/15/2025.

Was the ACVA share sale under a 10b5-1 plan?

Yes. The sale was made pursuant to a Rule 10b5-1 trading plan entered on June 11, 2025.

How many ACVA shares does the insider own after the transactions?

The insider directly owns 54,488 common shares after the reported transactions.

What options remain after the ACVA transactions?

The filing shows 7,000 employee stock options remaining outstanding, expiring on 03/05/2029.

What were the prices in the ACVA insider transactions?

Option exercise price was $2 per share; the sale price was $8.84 per share.

Who is the reporting person in the ACVA Form 4?

An officer of ACV Auctions serving as VP, Corporate Controller & CAO reported the transactions.