ACV Auctions (NASDAQ: ACVA) CEO gets 500,221-share RSU grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ACV Auctions Inc. director and CEO George Chamoun received a grant of 500,221 shares of Common Stock as a restricted stock unit award at no cost. The RSUs vest in twelve equal quarterly installments beginning July 1, 2026, subject to his continued service. On April 1, 2026, a total of 33,405 shares were withheld at $4.27 per share to cover tax liabilities from a prior RSU vesting, which was not a discretionary sale. After these transactions, he directly holds 3,419,793 shares of 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 |
|---|---|---|---|---|
| Grant/Award | Common Stock | 500,221 | $0.00 | -- |
| Tax Withholding | Common Stock | 13,401 | $4.27 | $57K |
| Tax Withholding | Common Stock | 9,422 | $4.27 | $40K |
| Tax Withholding | Common Stock | 10,582 | $4.27 | $45K |
Holdings After Transaction:
Common Stock — 3,419,793 shares (Direct)
Footnotes (1)
- These shares were withheld by the Issuer to cover the tax liability upon the vesting of a time-based restricted stock unit previously granted, and does not represent a discretionary sale by the reporting person. Represents a restricted stock unit ("RSU") award. The RSUs will vest in twelve (12) substantially equal quarterly installments beginning July 1, 2026, subject to the Reporting Person's continuous service through each such date.
Key Figures
RSU grant size: 500,221 shares
Tax-withheld shares: 33,405 shares
Tax-withholding price: $4.27 per share
+2 more
5 metrics
RSU grant size
500,221 shares
Restricted stock unit award to CEO, granted at $0.00 per share
Tax-withheld shares
33,405 shares
Shares withheld on April 1, 2026 to cover RSU tax liability
Tax-withholding price
$4.27 per share
Price applied to shares withheld for tax obligations
Post-transaction holdings
3,419,793 shares
CEO’s direct Common Stock ownership after reported transactions
Number of tax-withholding transactions
3 transactions
Form 4 lists three F-code tax-withholding dispositions
Key Terms
restricted stock unit, RSU, tax liability, withheld, +1 more
5 terms
restricted stock unit financial
"Represents a restricted stock unit ("RSU") award."
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.
RSU financial
"Represents a restricted stock unit ("RSU") award."
Restricted stock units (RSUs) are a form of company shares given to employees as part of their compensation, usually with certain restrictions or conditions, such as remaining with the company for a set period. When these restrictions lift, employees receive actual shares that they can sell or hold. For investors, RSUs can impact a company's stock supply and reflect the company's commitment to attracting and retaining talent.
tax liability financial
"withheld by the Issuer to cover the tax liability upon the vesting"
withheld financial
"These shares were withheld by the Issuer to cover the tax liability"
Chief Executive Officer financial
"officer_title": "Chief Executive Officer""
A chief executive officer (CEO) is the top leader of a company, responsible for making major decisions, setting goals, and guiding the organization’s overall direction. Think of the CEO as the captain of a ship, steering it toward success. Investors pay close attention to the CEO because their leadership and strategy can significantly influence the company's performance and future growth.
FAQ
What insider transaction did ACVA’s CEO report in this Form 4?
ACV Auctions CEO George Chamoun reported receiving a grant of 500,221 shares of Common Stock as a restricted stock unit award at no cost. This increases his equity-based compensation and aligns his interests with long-term company performance through multi-year vesting.
How do the 500,221 RSUs granted to ACVA’s CEO vest over time?
The 500,221 restricted stock units granted to ACV Auctions’ CEO vest in twelve substantially equal quarterly installments starting July 1, 2026. Vesting requires his continuous service through each vesting date, spreading the award’s benefit over several years as he remains with the company.