ACV Auctions (NASDAQ: ACVA) COO receives 300,300 RSUs, holds 840k shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ACV Auctions Inc. Chief Operating Officer Vikas Mehta reported an equity compensation award and related tax withholding activity in company common stock. He received a grant of 300,300 restricted stock units (RSUs) that will vest in twelve substantially equal quarterly installments beginning July 1, 2026, subject to his continued service.
To cover tax liabilities from the vesting of a previously granted time-based RSU award, a total of 17,189 shares of common stock were withheld by the company at $4.27 per share. The filing states this withholding does not represent a discretionary sale by Mehta. Following these transactions, he directly holds 840,087 shares of ACV Auctions common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Mehta Vikas
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 300,300 | $0.00 | -- |
| Tax Withholding | Common Stock | 6,320 | $4.27 | $27K |
| Tax Withholding | Common Stock | 4,487 | $4.27 | $19K |
| Tax Withholding | Common Stock | 6,382 | $4.27 | $27K |
Holdings After Transaction:
Common Stock — 857,276 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: 300,300 RSUs
RSU vesting schedule: 12 quarterly installments
Shares withheld for taxes: 17,189 shares
+2 more
5 metrics
RSU grant size
300,300 RSUs
Restricted stock unit award to COO Vikas Mehta
RSU vesting schedule
12 quarterly installments
Vesting begins July 1, 2026, subject to continuous service
Shares withheld for taxes
17,189 shares
Withheld upon vesting of a prior time-based RSU
Tax withholding price
$4.27 per share
Price used for three tax-withholding transactions
Shares held after transactions
840,087 shares
Direct ACV Auctions common stock holdings of Vikas Mehta
Key Terms
restricted stock unit ("RSU") award, vest in twelve (12) substantially equal quarterly installments, tax liability, time-based restricted stock unit
4 terms
restricted stock unit ("RSU") award financial
"Represents a restricted stock unit ("RSU") award. The RSUs will vest..."
vest in twelve (12) substantially equal quarterly installments financial
"The RSUs will vest in twelve (12) substantially equal quarterly installments..."
tax liability financial
"These shares were withheld by the Issuer to cover the tax liability upon the vesting..."
time-based restricted stock unit financial
"upon the vesting of a time-based restricted stock unit previously granted..."
FAQ
What did ACV Auctions (ACVA) COO Vikas Mehta report in this Form 4?
Vikas Mehta reported receiving 300,300 restricted stock units and share withholdings for taxes. The RSUs vest over time, and 17,189 shares were withheld at $4.27 each to satisfy tax obligations on a prior RSU vesting.
How many RSUs did ACV Auctions (ACVA) grant to COO Vikas Mehta?
He was granted 300,300 restricted stock units. These RSUs will vest in twelve substantially equal quarterly installments beginning July 1, 2026, and each vesting requires his continuous service with ACV Auctions through the applicable vesting date.
What is the vesting schedule for Vikas Mehta’s 300,300 RSUs at ACV Auctions (ACVA)?
The 300,300 RSUs vest in twelve substantially equal quarterly installments. Vesting begins on July 1, 2026, and each installment requires Mehta to remain in continuous service with ACV Auctions through the relevant quarterly vesting date.