ACV Auctions (ACVA) director Brian Hirsch receives 27,500-share RSU award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hirsch Brian reported acquisition or exercise transactions in this Form 4 filing.
ACV Auctions Inc. director Brian Hirsch reported a new equity compensation award. He received a grant of 27,500 restricted stock units representing Class A Common Stock at a stated price of $0.00 per share.
The RSUs vest on the first anniversary of the grant date, or fully on the day immediately preceding the next Annual Meeting if that date comes sooner, subject to his continuous service. Following this grant, Hirsch holds 127,178 Class A shares directly. Additional Class A shares are held indirectly through Tribeca Venture Fund II, L.P. and Tribeca Venture Fund II New York, L.P., where he is a managing partner, though he disclaims beneficial ownership except to the extent of any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Hirsch Brian
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 27,500 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 127,178 shares (Direct, null);
Class A Common Stock — 1,397,090 shares (Indirect, By Tribeca Venture Fund II, L.P.)
Footnotes (1)
- 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 service through the applicable vesting date. The shares are held by Tribeca Venture Fund II, L.P. ("TVFII"). Tribeca Venture Partners II GP, LLC ("TVP II GP") is the general partner of TVFII. The Reporting Person is a managing partner of TVP II GP. The Reporting Person disclaims beneficial ownership of the shares held by TVFII, except to the extent of his pecuniary interest, if any, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such shares. The shares are held by Tribeca Venture Fund II New York, L.P. ("TVFII NY"). TVP II GP is the general partner of TVFII NY. The Reporting Person is a managing partner of TVP II GP. The Reporting Person disclaims beneficial ownership of the shares held by TVFII NY, except to the extent of his pecuniary interest, if any, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such shares.
Key Figures
RSU grant: 27,500 shares
Grant price: $0.00 per share
Direct holdings after grant: 127,178 shares
+2 more
5 metrics
RSU grant
27,500 shares
Restricted stock unit award of Class A Common Stock
Grant price
$0.00 per share
Stated price for RSU award
Direct holdings after grant
127,178 shares
Class A Common Stock directly held by Brian Hirsch
Indirect holdings – Tribeca Venture Fund II, L.P.
1,397,090 shares
Class A Common Stock held by Tribeca Venture Fund II, L.P.
Indirect holdings – Tribeca Venture Fund II NY, L.P.
465,697 shares
Class A Common Stock held by Tribeca Venture Fund II New York, L.P.
Key Terms
restricted stock unit (RSU), Annual Meeting, beneficial ownership, pecuniary interest, +1 more
5 terms
restricted stock unit (RSU) financial
"Represents a restricted stock unit (RSU) award."
A restricted stock unit (RSU) is a promise from a company to give an employee company shares (or cash equal to their value) at a future date if certain conditions are met, such as staying with the company or hitting performance targets. For investors, RSUs matter because when they convert into actual shares they increase the number of shares available and can create selling pressure as employees cash out—think of them as a future paycheck paid in company stock.
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.
beneficial ownership financial
"The Reporting Person disclaims beneficial ownership of the shares held by TVFII"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"except to the extent of his pecuniary interest, if any"
continuous service financial
"Vesting of the RSUs is subject in all cases to the Reporting Person's continuous service"
FAQ
What insider transaction did ACV Auctions (ACVA) director Brian Hirsch report?
Brian Hirsch reported receiving 27,500 restricted stock units of ACV Auctions Class A Common Stock as an equity award. The award was granted at a stated price of $0.00 per share and represents compensation rather than an open‑market purchase or sale of shares.
How do the new RSUs for ACV Auctions (ACVA) director Brian Hirsch vest?
The 27,500 RSUs vest on the first anniversary of the grant date, but will vest fully on the day immediately preceding the next Annual Meeting if that occurs sooner. Vesting in all cases requires Hirsch’s continuous service through the applicable vesting date with ACV Auctions.
What indirect ACV Auctions (ACVA) holdings are associated with Brian Hirsch?
Indirect holdings include 1,397,090 Class A shares held by Tribeca Venture Fund II, L.P. and 465,697 Class A shares held by Tribeca Venture Fund II New York, L.P. Hirsch is a managing partner of their general partner but disclaims beneficial ownership except for any pecuniary interest.