ACV Auctions (NASDAQ: ACVA) VP sells 1,750 shares under 10b5-1 plan
Rhea-AI Filing Summary
ACV Auctions Inc. insider activity: On 01/15/2026, officer Andrew Peer, VP, Corporate Controller & CAO, exercised an employee stock option to buy 1,750 shares of common stock at $2.44 per share and then sold 1,750 shares at $8.85 per share. The sale was made pursuant to a Rule 10b5-1 trading plan entered into on June 11, 2025. After these transactions, Peer beneficially owned 72,473 shares of ACV Auctions common stock directly and held 29,000 employee stock options.
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FAQ
What insider transactions did ACV Auctions (ACVA) report for Andrew Peer?
On 01/15/2026, ACV Auctions officer Andrew Peer exercised an employee stock option for 1,750 shares of common stock and sold 1,750 shares of common stock.
At what prices did Andrew Peer exercise and sell ACV Auctions (ACVA) shares?
Andrew Peer exercised an employee stock option at $2.44 per share and sold 1,750 ACV Auctions common shares at $8.85 per share in a single transaction.
Was the ACV Auctions (ACVA) insider sale made under a Rule 10b5-1 trading plan?
Yes. The filing states that the shares were sold pursuant to a Rule 10b5-1 trading plan that Andrew Peer entered into on June 11, 2025.
How many ACV Auctions (ACVA) shares does Andrew Peer own after the reported transactions?
Following the reported transactions, Andrew Peer beneficially owned 72,473 shares of ACV Auctions common stock directly.
How many employee stock options does Andrew Peer hold after the ACV Auctions (ACVA) Form 4?
After the option exercise on 01/15/2026, Andrew Peer held 29,000 employee stock options (right to buy ACV Auctions common stock).
What is the vesting schedule for Andrew Peer’s ACV Auctions employee stock option?
The filing explains that one-forty-eighth (1/48th) of the option shares vested on August 29, 2019, and then 1/48th vested monthly thereafter, subject to his continuous service.