ACV Auctions Inc. (NASDAQ: ACVA) officer trades 1,750 shares under 10b5-1 plan

Rhea-AI Filing Summary

ACV Auctions Inc. disclosed that its VP, Corporate Controller & CAO completed an employee stock option exercise and share sale on 12/15/2025. The officer exercised options to acquire 1,750 shares of common stock at $2.44 per share, then sold 1,750 shares at $8.03 per share under a Rule 10b5-1 trading plan entered into on June 11, 2025.

After these transactions, the officer beneficially owned 55,554 shares of ACV Auctions common stock and 30,750 employee stock options. The beneficial ownership figure includes 1,066 shares acquired through the company’s 2021 Employee Stock Purchase Plan for the purchase period from 6/1/2025 to 11/30/2025.

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)
12/15/2025

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	12/15/2025		M		1,750	A	$2.44	56,238	D
Common Stock	12/15/2025		S(1)		1,750	D	$8.03(2)	55,554(3)	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)	$2.44	12/15/2025		M			1,750	(4)	08/29/2029	Common Stock	1,750	$0	30,750	D

Explanation of Responses:

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

2. There shares were sold in a single transaction for $8.03 per share.

3. Includes 1,066 shares acquired pursuant to the Company's 2021 Employee Stock Purchase Plan (ESPP) for the purchase period of 6/1/2025 to 11/30/2025.

4. One-forty-eighth (1/48th) of the shares subject to the option award vested on August 29, 2019, and thereafter one-forty-seventh of the shares to the option award vested monthly, subject to the Reporting Person's continuous service.

Remarks:

	/s/ Michelle Webb, Attorney-in-Fact	12/17/2025
	** 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 transaction did ACV Auctions (ACVA) report in this Form 4?

ACV Auctions reported that its VP, Corporate Controller & CAO exercised employee stock options for 1,750 shares of common stock and sold 1,750 shares on 12/15/2025.

At what prices did the ACV Auctions (ACVA) officer exercise options and sell shares?

The officer exercised options at $2.44 per share and sold 1,750 shares of common stock at $8.03 per share in a single transaction.

How many ACV Auctions (ACVA) shares does the reporting officer own after the transaction?

Following the reported transactions, the officer beneficially owned 55,554 shares of ACV Auctions common stock.

How many stock options does the ACV Auctions (ACVA) officer hold after exercising options?

After exercising 1,750 options, the officer beneficially owned 30,750 employee stock options.

Was the ACV Auctions (ACVA) share sale made under a Rule 10b5-1 plan?

Yes. The 1,750 shares sold on 12/15/2025 were sold pursuant to a Rule 10b5-1 trading plan entered into on June 11, 2025.

What does the Form 4 say about shares from ACV Auctions' 2021 Employee Stock Purchase Plan?

The beneficial ownership includes 1,066 shares acquired under the company’s 2021 Employee Stock Purchase Plan for the purchase period from 6/1/2025 to 11/30/2025.