ACV Auctions (ACVA) director granted 27,500 restricted stock units in equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
JONES RENE F reported acquisition or exercise transactions in this Form 4 filing.
ACV Auctions Inc. director Rene F. Jones reported an equity compensation grant of 27,500 shares of Common Stock in the form of restricted stock units. The award was granted at no cash cost per share and increases his directly held position to 46,607 shares after the transaction.
The RSUs are scheduled to vest on the first anniversary of the grant date. They will instead vest in full immediately before the next Annual Meeting if that date occurs sooner, subject to Jones continuing to provide services through the applicable vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
JONES RENE F
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 27,500 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 46,607 shares (Direct, null)
Footnotes (1)
- The company's stock previously referred to as Class A Common Stock is now referred to as Common Stock following changes made to the company's articles of incorporation in 2025. There was no change to any rights related to the stock. Represents a restricted stock unit ("RSU") award. The RSUs will vest on the first anniversary of the grant date, provided that the RSUs shall become fully vested as of the day immediately preceding the next Annual Meeting if such date is sooner than first anniversary of the grant date. Vesting of the RSUs is subject in all cases to the Reporting Person's continuous services through the applicable vesting date.
Key Figures
RSU grant size: 27,500 shares
Grant price: $0.0000 per share
Shares held after grant: 46,607 shares
+2 more
5 metrics
RSU grant size
27,500 shares
Restricted stock unit award of Common Stock
Grant price
$0.0000 per share
Stated transaction price for RSU award
Shares held after grant
46,607 shares
Total direct holdings following the transaction
Vesting schedule
First anniversary of grant
Standard vesting date for RSUs, subject to service
Alternative vesting trigger
Day before next Annual Meeting
Earlier full vesting if meeting precedes anniversary
Key Terms
restricted stock unit ("RSU"), vest, Annual Meeting, articles of incorporation, +1 more
5 terms
restricted stock unit ("RSU") financial
"Represents a restricted stock unit ("RSU") award."
vest financial
"The RSUs will vest on the first anniversary of the grant date"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
Annual Meeting financial
"fully vested as of the day immediately preceding the next Annual Meeting"
A company's annual meeting is a yearly gathering where owners (shareholders) and the board review performance, ask questions, and vote on key matters like electing directors, approving auditor choices, and sometimes setting pay or dividend policies. For investors it matters because decisions made and votes cast can change who runs the company, influence strategy and payouts, and affect the value or direction of their investment—similar to a homeowners’ meeting where rules and leaders that shape your property’s value are decided.
articles of incorporation regulatory
"changes made to the company's articles of incorporation in 2025"
A formal legal document filed with a government authority that creates a corporation and sets its basic rules — for example the company name, business purpose, how many ownership shares can exist, and who can receive legal notices. It matters to investors because it defines ownership structure, voting rights, and limits on liability, shaping who controls the company and how future shares or dividends can affect an investor’s stake; think of it as the company’s birth certificate and rulebook.
Common Stock financial
"stock previously referred to as Class A Common Stock is now referred to as 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.
FAQ
What insider transaction did ACV Auctions (ACVA) director Rene F. Jones report?
Rene F. Jones reported receiving an equity compensation grant of 27,500 restricted stock units of ACV Auctions Common Stock. This is a non-cash award granted at no purchase price and reflects additional stock-based compensation rather than an open-market share purchase or sale.
What are the vesting terms of Rene F. Jones’s RSU grant at ACV Auctions (ACVA)?
The 27,500 restricted stock units generally vest on the first anniversary of the grant date. They instead become fully vested immediately before the next Annual Meeting if that meeting occurs earlier, provided Jones continues to serve the company through the relevant vesting date.
What type of security did Rene F. Jones receive from ACV Auctions (ACVA)?
He received a restricted stock unit award tied to ACV Auctions Common Stock. RSUs represent a promise to deliver shares in the future once vesting conditions are met, rather than immediate ownership of freely tradable shares on the grant date.