ACV Auctions (ACVA) finance chief has 4,311 shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ACV Auctions Inc. officer Andrew Peer reported multiple Form 4 entries showing shares of common stock withheld to cover taxes on vested restricted stock units. The transactions involved a total of 4,311 shares at a price of $7.29 per share and are described as tax-withholding dispositions, not discretionary sales. A footnote also notes that current holdings include 763 shares acquired through the company’s 2021 Employee Stock Purchase Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Peer Andrew
Role
VP, Corporate Controller & CAO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 673 | $7.29 | $5K |
| Tax Withholding | Common Stock | 630 | $7.29 | $5K |
| Tax Withholding | Common Stock | 828 | $7.29 | $6K |
| Tax Withholding | Common Stock | 1,223 | $7.29 | $9K |
| Tax Withholding | Common Stock | 957 | $7.29 | $7K |
Holdings After Transaction:
Common Stock — 97,127 shares (Direct, null)
Footnotes (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. Includes 763 shares acquired pursuant to the Company's 2021 Employee Stock Purchase Plan (ESPP) for the purchase period of 12/1/2025 to 5/31/2026.
Key Figures
Tax-withheld shares: 4,311 shares
Tax-withholding price: $7.29 per share
Tax-withholding transactions: 5 entries
+1 more
4 metrics
Tax-withheld shares
4,311 shares
Common stock withheld for tax liability on RSU vesting
Tax-withholding price
$7.29 per share
Value per share used for tax-withholding dispositions
Tax-withholding transactions
5 entries
All coded F for payment of tax liability
ESPP shares included
763 shares
Acquired via 2021 Employee Stock Purchase Plan, 12/1/2025–5/31/2026 period
Key Terms
restricted stock unit, Employee Stock Purchase Plan, tax-withholding disposition, Form 4, +1 more
5 terms
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.
Employee Stock Purchase Plan financial
"acquired pursuant to the Company's 2021 Employee Stock Purchase Plan (ESPP)"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
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.
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.
beneficial ownership financial
"does not represent a discretionary sale by the reporting person"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
FAQ
What did ACV Auctions (ACVA) disclose in Andrew Peer’s latest Form 4?
ACV Auctions reported that officer Andrew Peer had shares withheld to cover tax obligations on vested restricted stock units. The Form 4 shows several tax-withholding dispositions in common stock rather than open-market sales, reflecting routine equity compensation processing.
Does Andrew Peer’s Form 4 for ACV Auctions (ACVA) reflect any open-market stock sales?
The filing does not show open-market stock sales. Instead, all reported transactions are coded as F, indicating shares were withheld by ACV Auctions to pay tax liabilities on vested restricted stock units, which the footnote clarifies are not discretionary sales.
What role does Andrew Peer hold at ACV Auctions (ACVA) in this Form 4?
Andrew Peer is identified as VP, Corporate Controller & Chief Accounting Officer at ACV Auctions. The Form 4 reports equity-related tax-withholding transactions tied to his compensation, highlighting routine handling of restricted stock unit vesting for a senior finance executive.
What does the ESPP footnote in ACV Auctions (ACVA) Form 4 indicate?
A footnote states that Andrew Peer’s holdings include 763 shares acquired under ACV Auctions’ 2021 Employee Stock Purchase Plan for the 12/1/2025–5/31/2026 period. This clarifies part of his ownership comes from regular employee share purchases, not just restricted stock grants.