ACV Auctions insider exercises options and sells 1,750 shares at $8
ACV Auctions Inc. (ACVA) reported an insider equity transaction by its VP, Corporate Controller & CAO.
Rhea-AI Filing Summary
ACV Auctions Inc. (ACVA) reported an insider equity transaction by its VP, Corporate Controller & CAO. On 12/01/2025, the executive exercised an employee stock option for 1,750 shares of common stock at an exercise price of $2 per share and acquired these shares. The same day, the executive sold 1,750 shares of common stock in a single transaction at $8.00 per share under a Rule 10b5-1 trading plan entered into on June 11, 2025.
After these transactions, the executive directly beneficially owned 54,488 shares of ACV Auctions common stock and 5,250 employee stock options. The option award related to this transaction vests over time, with one-fourth having vested on October 15, 2019 and the remainder vesting monthly thereafter, conditioned on continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (Right to Buy) | 1,750 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,750 | $2.00 | $4K |
| Sale | Common Stock | 1,750 | $8.00 | $14K |
Footnotes (3)
- F1. Shares sold pursuant to a Rule 10b5-1 trading plan enter into on June 11, 2025.
- F2. These shares were sold in a single transaction for $8.00 per share.
- F3. 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.
FAQ
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What insider transaction did ACV Auctions Inc. (ACVA) disclose in this Form 4?
Which ACV Auctions (ACVA) executive is involved and what is their role?
What are the vesting terms of the employee stock option reported by ACV Auctions (ACVA)?
When do the reported ACV Auctions (ACVA) employee stock options expire?
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