ACV Auctions (NASDAQ: ACVA) details insider tax-withholding share disposition
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ACV Auctions Inc. reported that officer Craig Eric Anderson had 22,217 shares of Common Stock withheld at $7.29 per share to cover tax liabilities triggered by the vesting of time-based restricted stock units. The company notes this was not a discretionary market sale by Anderson.
After these tax-withholding dispositions, Anderson directly holds 488,966 shares of ACV Auctions Common Stock, which includes 2,500 shares acquired through the company’s 2021 Employee Stock Purchase Plan for the 12/1/2025–5/31/2026 purchase period.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Anderson Craig Eric
Role
CCDSO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 5,185 | $7.29 | $38K |
| Tax Withholding | Common Stock | 3,645 | $7.29 | $27K |
| Tax Withholding | Common Stock | 4,430 | $7.29 | $32K |
| Tax Withholding | Common Stock | 8,957 | $7.29 | $65K |
Holdings After Transaction:
Common Stock — 488,966 shares (Direct, null)
Footnotes (1)
- 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. Includes 2,500 shares acquired pursuant to the Company's 2021 Employee Stock Purchase Plan (ESPP) for the purchase period of 12/1/2025 to 5/31/2026.
Key Figures
Tax-withholding shares: 22,217 shares
Tax-withholding price: $7.29 per share
Post-transaction holdings: 488,966 shares
+1 more
4 metrics
Tax-withholding shares
22,217 shares
Withheld to cover tax liability on vested restricted stock units
Tax-withholding price
$7.29 per share
Value used for Common Stock shares withheld for taxes
Post-transaction holdings
488,966 shares
Common Stock directly held by Craig Eric Anderson after transactions
ESPP shares included
2,500 shares
Acquired under 2021 Employee Stock Purchase Plan (12/1/2025–5/31/2026 period)
Key Terms
restricted stock unit, tax liability, Employee Stock Purchase Plan, ESPP
4 terms
restricted stock unit financial
"upon the vesting of a time-based restricted stock unit previously granted"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
tax liability financial
"withheld by the Issuer to cover the tax liability upon the vesting"
Employee Stock Purchase Plan financial
"acquired pursuant to the Company's 2021 Employee Stock Purchase Plan (ESPP)"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
ESPP financial
"Company's 2021 Employee Stock Purchase Plan (ESPP) for the purchase period"
An Employee Stock Purchase Plan (ESPP) is a company program that lets employees buy the company’s shares at a reduced price, usually by setting aside a small portion of their pay over time. It matters to investors because it encourages employees to own part of the business—like giving staff a discounted membership— which can boost commitment and performance, while also potentially increasing the number of shares available and affecting shareholder value.
FAQ
What insider transaction did ACV Auctions (ACVA) report for Craig Eric Anderson?
ACV Auctions reported that officer Craig Eric Anderson had 22,217 Common Stock shares withheld at $7.29 per share. These withholdings covered tax liabilities from vesting restricted stock units and were not discretionary open-market sales by Anderson.
Was the ACV Auctions (ACVA) insider transaction an open-market sale?
No, the filing explains the transaction was tax withholding on vested restricted stock units. Shares were withheld by ACV Auctions to pay related taxes, so it does not represent a discretionary decision by Craig Eric Anderson to sell shares in the open market.
What role does Craig Eric Anderson hold at ACV Auctions (ACVA)?
The filing lists Craig Eric Anderson as an officer of ACV Auctions with the title CCDSO. His Form 4 disclosure relates to shares withheld for taxes on vesting restricted stock units rather than elective purchases or sales of ACV Auctions Common Stock.