ACV Auctions director receives 27,500 RSU award
JONES RENE F reported acquisition or exercise transactions in this Form 4 filing.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 27,500 | $0.00 | $0.00 |
Footnotes (2)
- F1. 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.
- F2. 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
Key Terms
restricted stock unit ("RSU") financial
vest financial
Annual Meeting financial
articles of incorporation regulatory
Common Stock financial
FAQ
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What insider transaction did ACV Auctions (ACVA) director Rene F. Jones report?
What are the vesting terms of Rene F. Jones’s RSU grant at ACV Auctions (ACVA)?
What type of security did Rene F. Jones receive from ACV Auctions (ACVA)?
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