ACV Auctions (NASDAQ: ACVA) officer exercises options at $2 and sells 1,750 shares

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.

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)
12/01/2025

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	12/01/2025		M		1,750	A	$2	56,238	D
Common Stock	12/01/2025		S(1)		1,750	D	$8(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	12/01/2025		M			1,750	(3)	03/05/2029	Common Stock	1,750	$0	5,250	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 $8.00 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	12/02/2025
	** 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 Inc. (ACVA) disclose in this Form 4?

The filing reports that the VP, Corporate Controller & CAO exercised an employee stock option for 1,750 shares of ACV Auctions common stock at $2 per share and sold 1,750 shares of common stock at $8.00 per share on 12/01/2025.

Which ACV Auctions (ACVA) executive is involved and what is their role?

The reporting person is an officer of ACV Auctions Inc. serving as VP, Corporate Controller & Chief Accounting Officer (CAO).

How many ACV Auctions (ACVA) shares does the executive own after the reported transactions?

Following the reported transactions, the executive directly beneficially owned 54,488 shares of ACV Auctions common stock and 5,250 employee stock options.

At what prices were the ACV Auctions (ACVA) option exercise and share sale completed?

The employee stock option was exercised at an exercise price of $2 per share, and the 1,750 shares of common stock were sold in a single transaction at $8.00 per share.

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

Yes. The filing states that the 1,750 shares were sold pursuant to a Rule 10b5-1 trading plan that was entered into on June 11, 2025.

What are the vesting terms of the employee stock option reported by ACV Auctions (ACVA)?

The filing explains that one-fourth of the shares subject to the option award vested on October 15, 2019, and thereafter one-forty-eighth of the shares vested monthly, subject to the reporting person’s continuous service.

When do the reported ACV Auctions (ACVA) employee stock options expire?

The derivative securities table shows that the employee stock option related to this transaction has an expiration date of 03/05/2029.