STOCK TITAN

ACV Auctions (ACVA) CFO has 21,919 shares withheld to cover taxes

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

ACV Auctions Inc. Chief Financial Officer William Zerella reported tax-related share withholdings, not open-market sales. On restricted stock units vesting on July 1, 2026, a total of 21,919 shares of Common Stock were withheld at $7.29 per share to cover tax liabilities. A footnote explains these are tax-withholding dispositions and "do not represent a discretionary sale" by the reporting person. After one of the transactions, Zerella directly held 1,091,700 shares of Common Stock.

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Insider ZERELLA WILLIAM
Role Chief Financial Officer
Type Security Shares Price Value
Tax Withholding Common Stock 3,459 $7.29 $25K
Tax Withholding Common Stock 4,481 $7.29 $33K
Tax Withholding Common Stock 9,060 $7.29 $66K
Tax Withholding Common Stock 4,919 $7.29 $36K
Holdings After Transaction: Common Stock — 1,095,181 shares (Direct)
Footnotes (1)
  1. [object Object]
Tax-withholding shares 21,919 shares Total shares withheld for taxes on 2026-07-01
Withholding price $7.29 per share Price applied to all tax-withholding dispositions
First withholding lot 4,919 shares Common Stock withheld on 2026-07-01
Second withholding lot 9,060 shares Common Stock withheld on 2026-07-01
Third withholding lot 4,481 shares Common Stock withheld on 2026-07-01
Fourth withholding lot 3,459 shares Common Stock withheld on 2026-07-01
Post-transaction holdings example 1,091,700 shares Direct Common Stock holdings after one transaction
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
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.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Common Stock financial
"security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
tax liability financial
"to cover the tax liability upon the vesting of a time-based restricted stock unit"
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FAQ

What insider transaction did ACV Auctions (ACVA) report for its CFO?

ACV Auctions reported that CFO William Zerella had shares withheld to cover taxes on vesting restricted stock units. The Form 4 shows multiple tax-withholding dispositions of Common Stock on July 1, 2026, rather than any discretionary open-market stock sales.

How many ACV Auctions (ACVA) shares were withheld for the CFO’s taxes?

The filing shows 21,919 shares of ACV Auctions Common Stock were withheld for tax obligations. These consist of four separate tax-withholding dispositions tied to restricted stock unit vesting, each at a price of $7.29 per share, according to the Form 4 transaction summary.

At what price were ACV Auctions (ACVA) shares withheld in the CFO’s Form 4?

Each tax-withholding disposition in the CFO’s Form 4 used a price of $7.29 per share. This price is applied to the withheld shares to cover the tax liability associated with vesting time-based restricted stock units previously granted to the executive.

Does the ACV Auctions (ACVA) CFO’s Form 4 reflect open-market stock sales?

The Form 4 does not reflect open-market sales by the CFO. A footnote states the shares were withheld by the issuer to cover tax liabilities upon restricted stock unit vesting and specifically notes this does not represent a discretionary sale by the reporting person.

How many ACV Auctions (ACVA) shares does the CFO hold after these tax withholdings?

After one of the reported tax-withholding transactions, the CFO directly held 1,091,700 shares of Common Stock. The filing provides total shares following each transaction, indicating that Zerella continues to maintain a significant direct ownership position in ACV Auctions.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
ZERELLA WILLIAM

(Last)(First)(Middle)
C/O ACV AUCTIONS INC.
640 ELLICOTT ST., SUITE 321

(Street)
BUFFALO NEW YORK 14203

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
ACV Auctions Inc. [ ACVA ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Financial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock07/01/2026F3,459(1)D$7.291,095,181D
Common Stock07/01/2026F4,481(1)D$7.291,090,700D
Common Stock07/01/2026F9,060(1)D$7.291,081,640D
Common Stock07/01/2026F4,919(1)D$7.291,076,721D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
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.
Remarks:
/s/ Michelle Webb, Attorney-in-Fact07/06/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)