ACV Auctions (ACVA) CFO has 21,919 shares withheld to cover taxes
Filing Impact
Filing Sentiment
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
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)
- [object Object]
Key Figures
Tax-withholding shares: 21,919 shares
Withholding price: $7.29 per share
First withholding lot: 4,919 shares
+4 more
7 metrics
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
Key Terms
tax-withholding disposition, restricted stock unit, Form 4, Common Stock, +1 more
5 terms
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"
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.
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.