ACV Auctions (ACVA) CFO receives 276K RSUs, 12.9K shares withheld for tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ACV Auctions Inc. Chief Financial Officer William Zerella received a grant of 276,276 shares of Common Stock in the form of restricted stock units. The RSUs vest in twelve substantially equal quarterly installments beginning on July 1, 2026, contingent on his continuous service.
On the same date, 12,860 shares of Common Stock were disposed of at $4.27 per share solely to satisfy tax withholding obligations upon vesting of a prior time-based RSU award, which the company notes was not a discretionary sale. After these transactions, Zerella directly holds 1,098,640 shares of Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
ZERELLA WILLIAM
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 276,276 | $0.00 | -- |
| Tax Withholding | Common Stock | 4,919 | $4.27 | $21K |
| Tax Withholding | Common Stock | 4,482 | $4.27 | $19K |
| Tax Withholding | Common Stock | 3,459 | $4.27 | $15K |
Holdings After Transaction:
Common Stock — 1,111,500 shares (Direct)
Footnotes (1)
- 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. 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.
Key Figures
RSU grant size: 276,276 shares
Tax-withheld shares: 12,860 shares
Tax-withholding price: $4.27 per share
+1 more
4 metrics
RSU grant size
276,276 shares
Restricted stock unit award to CFO on April 1, 2026
Tax-withheld shares
12,860 shares
Shares withheld to cover tax liability on prior RSU vesting
Tax-withholding price
$4.27 per share
Price applied to F-code dispositions for tax obligations
Post-transaction holdings
1,098,640 shares
CFO’s direct Common Stock ownership after reported transactions
Key Terms
restricted stock unit ("RSU") award, time-based restricted stock unit, tax liability, continuous service
4 terms
restricted stock unit ("RSU") award financial
"Represents a restricted stock unit ("RSU") award. The RSUs will vest in twelve..."
time-based restricted stock unit financial
"upon the vesting of a time-based restricted stock unit previously granted..."
tax liability financial
"shares were withheld by the Issuer to cover the tax liability upon the vesting..."
continuous service financial
"vest in twelve (12) substantially equal quarterly installments...subject to the Reporting Person's continuous service..."
FAQ
What did ACV Auctions (ACVA) CFO William Zerella report on this Form 4?
ACV Auctions CFO William Zerella reported receiving 276,276 restricted stock units and having 12,860 shares withheld for taxes. All transactions involved Common Stock and were compensation-related rather than open-market purchases or sales, according to the disclosed transaction codes and footnotes.
How will the new ACV Auctions (ACVA) RSU award for the CFO vest over time?
The RSU award of 276,276 shares will vest in twelve substantially equal quarterly installments beginning July 1, 2026. Each installment requires the CFO’s continuous service through the applicable vesting date, aligning the award with multi-year retention and performance at ACV Auctions.