STOCK TITAN

ACV Auctions (ACVA) VP receives 28,736 RSUs and covers taxes

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

Rhea-AI Filing Summary

ACV Auctions Inc. executive Andrew Peer received a grant of 28,736 shares of Common Stock in the form of a restricted stock unit (RSU) award. The RSUs will vest in twelve substantially equal quarterly installments beginning on July 1, 2026, as long as he remains in continuous service.

On the same date, a total of 3,409 shares of Common Stock were withheld at $4.27 per share to cover tax liabilities triggered by the vesting of a previously granted time-based RSU award. The company notes this withholding does not represent a discretionary sale by Peer. After these transactions, he directly holds 97,800 shares of Common Stock.

Positive

  • None.

Negative

  • None.
Insider Peer Andrew
Role VP, Corporate Controller & CAO
Type Security Shares Price Value
Grant/Award Common Stock 28,736 $0.00 --
Tax Withholding Common Stock 696 $4.27 $3K
Tax Withholding Common Stock 743 $4.27 $3K
Tax Withholding Common Stock 1,057 $4.27 $5K
Tax Withholding Common Stock 913 $4.27 $4K
Holdings After Transaction: Common Stock — 101,209 shares (Direct)
Footnotes (1)
  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.
RSU award size 28,736 shares Restricted stock unit grant to Andrew Peer
Tax-withheld shares 3,409 shares Shares withheld to cover RSU tax liability
Withholding price $4.27 per share Value used for tax-withholding dispositions
Post-transaction holdings 97,800 shares Common Stock directly held by Andrew Peer after transactions
Vesting schedule 12 quarterly installments RSUs vesting from July 1, 2026, subject to continuous service
restricted stock unit ("RSU") award financial
"Represents a restricted stock unit ("RSU") award."
vest in twelve (12) substantially equal quarterly installments financial
"The RSUs will vest in twelve (12) substantially equal quarterly installments"
continuous service financial
"subject to the Reporting Person's continuous service through each such date"
tax liability financial
"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"
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*
Peer Andrew

(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)
VP, Corporate Controller & CAO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026
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 Stock04/01/2026A28,736(1)A$0101,209D
Common Stock04/01/2026F696(2)D$4.27100,513D
Common Stock04/01/2026F743(2)D$4.2799,770D
Common Stock04/01/2026F1,057(2)D$4.2798,713D
Common Stock04/01/2026F913(2)D$4.2797,800D
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. 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.
2. 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-Fact04/03/2026
** 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)

FAQ

What did ACV Auctions (ACVA) executive Andrew Peer receive in this Form 4 filing?

Andrew Peer received a grant of 28,736 shares of Common Stock as a restricted stock unit award. This equity compensation aligns his interests with shareholders and will vest over time, subject to his continued service with ACV Auctions Inc.

How do the new RSUs for ACV Auctions (ACVA) VP Andrew Peer vest?

The 28,736 restricted stock units vest in twelve substantially equal quarterly installments starting July 1, 2026. Each vesting date requires Andrew Peer to remain in continuous service with ACV Auctions, spreading the economic benefit over several years and supporting retention.

Why were shares disposed of in Andrew Peer’s ACV Auctions (ACVA) Form 4?

A total of 3,409 shares of Common Stock were withheld at $4.27 per share to satisfy tax liabilities from a previously granted time-based RSU vesting. The company states this withholding is not a discretionary sale by Andrew Peer on the open market.

What is Andrew Peer’s ACV Auctions (ACVA) shareholding after these transactions?

Following the RSU grant and tax withholding transactions, Andrew Peer directly holds 97,800 shares of ACV Auctions Common Stock. This figure reflects his updated equity position after the award and the shares withheld to cover associated tax obligations.

Were any of Andrew Peer’s ACV Auctions (ACVA) transactions open-market buys or sells?

No open-market purchases or sales are reported. The filing shows one equity award acquisition and four tax-withholding dispositions. The dispositions represent shares withheld by the issuer to cover tax liabilities from RSU vesting, not discretionary trading activity.