ACV Auctions (NASDAQ: ACVA) COO discloses RSU tax share withholdings
Rhea-AI Filing Summary
ACV Auctions Inc. Chief Operating Officer reported automatic share withholdings to cover taxes due on vested restricted stock units. On January 2, 2026, the issuer withheld blocks of common stock from the officer’s awards, including 6,354 shares and 7,093 shares at a price of $8.29 per share. After the last reported transaction, the officer directly beneficially owned 556,976 shares of ACV Auctions common stock. The filing notes these transactions were issuer tax withholdings and not discretionary open‑market sales by the reporting person.
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FAQ
What insider transaction did ACV Auctions (ACVA) report in this Form 4?
The Chief Operating Officer of ACV Auctions Inc. reported that the company withheld shares of common stock on January 2, 2026 to cover tax obligations arising from the vesting of previously granted time-based restricted stock units.
Were the ACVA insider transactions discretionary sales by the COO?
No. The filing explains that the reported shares were withheld by the issuer to cover tax liabilities upon RSU vesting and do not represent discretionary sales by the reporting person.
How many ACV Auctions shares were withheld to cover RSU taxes?
The report shows multiple automatic withholdings of ACV Auctions common stock, including 6,354 shares and 7,093 shares at a price of $8.29 per share, to satisfy tax obligations on vested restricted stock units.
What is the ACV Auctions COO’s share ownership after the reported transactions?
Following the final reported withholding transaction, the Chief Operating Officer directly beneficially owned 556,976 shares of ACV Auctions common stock.
What position does the reporting person hold at ACV Auctions (ACVA)?
The reporting person is an officer of ACV Auctions Inc., serving as the company’s Chief Operating Officer.
Does this ACV Auctions filing involve derivative securities like options or warrants?
The Form 4 includes a section for derivative securities, but in this excerpt, the detailed transactions shown relate to non-derivative common stock withheld for taxes on RSU vesting.