ACV Auctions VP granted 28,736 RSUs
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.
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 Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 28,736 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 696 | $4.27 | $3K |
| Exercise Price or Tax Liability | Common Stock | 743 | $4.27 | $3K |
| Exercise Price or Tax Liability | Common Stock | 1,057 | $4.27 | $5K |
| Exercise Price or Tax Liability | Common Stock | 913 | $4.27 | $4K |
Footnotes (2)
- F1. 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.
- F2. 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.
Key Figures
Key Terms
restricted stock unit ("RSU") award financial
vest in twelve (12) substantially equal quarterly installments financial
continuous service financial
tax liability financial
time-based restricted stock unit financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did ACV Auctions (ACVA) executive Andrew Peer receive in this Form 4 filing?
How do the new RSUs for ACV Auctions (ACVA) VP Andrew Peer vest?
Were any of Andrew Peer’s ACV Auctions (ACVA) transactions open-market buys or sells?
AI-generated analysis. How Rhea-AI works. Not financial advice.