ACV Auctions (ACVA) CEO adds 31,172 shares under 10b5-1 plan
Rhea-AI Filing Summary
ACV Auctions Inc. reported that its chief executive officer and director bought 31,172 shares of common stock on 12/15/2025. The shares were acquired in an open-market purchase coded "P" at a weighted average price of $7.97 per share, with individual trades taking place between $7.83 and $8.14. Following this transaction, the insider directly beneficially owns 2,618,714 shares of ACV Auctions common stock.
The purchase was made under a Rule 10b5-1 trading plan that was entered into on September 15, 2025 and is described as intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). The insider has undertaken to provide full trade-by-trade price details within the stated range upon request to the company, its security holders, or the SEC staff.
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FAQ
What insider transaction did ACV Auctions (ACVA) disclose?
ACV Auctions disclosed that its chief executive officer and director purchased 31,172 shares of the companys common stock in an open-market transaction.
When did the ACVA insider stock purchase occur?
The reported insider purchase of ACV Auctions common stock took place on 12/15/2025.
How many ACV Auctions (ACVA) shares does the insider own after this trade?
After the reported transaction, the insider directly beneficially owns 2,618,714 shares of ACV Auctions common stock.
Was the ACV Auctions (ACVA) insider trade made under a Rule 10b5-1 plan?
Yes. The shares were purchased pursuant to a Rule 10b5-1 trading plan entered into on September 15, 2025, intended to satisfy Rule 10b5-1(c) affirmative defense conditions.
At what price were the ACV Auctions (ACVA) shares purchased?
The transaction was reported at a weighted average price of $7.97 per share, with individual purchase prices ranging from $7.83 to $8.14.
What is the reporting persons role at ACV Auctions (ACVA)?
The reporting person is both a director and the chief executive officer of ACV Auctions Inc.