ACV Auctions officer reports tax withholding on vested stock units
ACV Auctions Inc. officer reports automatic share withholding for taxes.
Rhea-AI Filing Summary
ACV Auctions Inc. officer reports automatic share withholding for taxes. A company officer of ACV Auctions Inc. (ACVA), identified by title as CCDSO, reported three transactions on 01/02/2026 involving common stock. The issuer withheld 4,008, 5,718, and 4,748 common shares at a price of $8.29 per share to cover tax liabilities tied to previously granted time-based restricted stock units, which the filing states does not represent discretionary sales by the insider. Following these withholdings, the officer held 313,064 common shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 4,008 | $8.29 | $33K |
| Exercise Price or Tax Liability | Common Stock | 5,718 | $8.29 | $47K |
| Exercise Price or Tax Liability | Common Stock | 4,748 | $8.29 | $39K |
Footnotes (1)
- F1. 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did ACV Auctions Inc. (ACVA) disclose in this filing?
The filing reports that a company officer had common shares withheld by ACV Auctions Inc. on 01/02/2026 to cover tax liabilities from vesting restricted stock units.
What is the relationship of the reporting person to ACV Auctions Inc. (ACVA)?
The reporting person is an officer of ACV Auctions Inc., with the title shown as CCDSO, and is filing as a single reporting person.
What type of equity award triggered the ACV Auctions (ACVA) tax withholding?
The tax withholding arose from the vesting of a previously granted time-based restricted stock unit, according to the explanation of responses.
AI-generated analysis. How Rhea-AI works. Not financial advice.