ACV Auctions (ACVA) CEO reports 54,686-share tax withholding on RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ACV Auctions Inc. Chief Executive Officer George Chamoun reported several tax-related share dispositions on July 1, 2026. A total of 54,686 shares of common stock were withheld by the company at $7.29 per share to satisfy tax liabilities upon vesting of time-based restricted stock units. According to the filing, these actions were not discretionary market sales. After these withholding transactions, Chamoun directly held 3,398,512 shares of ACV Auctions common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Chamoun George
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 21,281 | $7.29 | $155K |
| Tax Withholding | Common Stock | 10,582 | $7.29 | $77K |
| Tax Withholding | Common Stock | 9,422 | $7.29 | $69K |
| Tax Withholding | Common Stock | 13,401 | $7.29 | $98K |
Holdings After Transaction:
Common Stock — 3,398,512 shares (Direct, null)
Footnotes (1)
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Key Figures
Tax-withholding shares: 54,686 shares
Transaction price: $7.29 per share
Holdings after transactions: 3,398,512 shares
+1 more
4 metrics
Tax-withholding shares
54,686 shares
Common stock withheld to cover tax liability on July 1, 2026
Transaction price
$7.29 per share
Value used for tax-withholding dispositions of common stock
Holdings after transactions
3,398,512 shares
CEO’s direct ACV Auctions common stock holdings after final disposition
Number of tax-withholding transactions
4 transactions
Code F non-derivative dispositions on July 1, 2026
Key Terms
restricted stock unit, tax-withholding disposition, Common Stock, Form 4
4 terms
restricted stock unit financial
"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.
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Common Stock financial
""security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"as disclosed in the Form 4 filing"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did ACV Auctions (ACVA) report for its CEO?
ACV Auctions CEO George Chamoun reported tax-withholding dispositions of common stock. On July 1, 2026, the company withheld 54,686 shares to cover tax obligations from vesting restricted stock units, rather than discretionary open-market sales, as disclosed in the Form 4 filing.
What does transaction code F mean in the ACV Auctions (ACVA) Form 4?
Transaction code F indicates a tax-withholding disposition of shares. In this filing, code F is described as payment of tax liability by delivering ACV Auctions common stock back to the issuer, rather than voluntary buying or selling in the open market.