Welcome to our dedicated page for Acv Auctions SEC filings (Ticker: ACVA), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
ACV Auctions Inc. filings document the regulatory record for a digital automotive marketplace and data services company serving dealers and commercial clients. Form 8-K reports furnish quarterly and annual financial results, non-GAAP measures, guidance, share repurchase information and Regulation FD disclosures tied to ACV Capital floorplan lending exposure.
Other filings describe governance and shareholder voting through definitive proxy materials, including annual-meeting matters and board oversight disclosures. Material-agreement filings cover revolving credit facilities, amendments, maturity changes, borrowing terms, covenants and commitments for ACV Auctions and financing subsidiaries such as ACV Capital Funding II LLC.
ACV Auctions reported record first quarter 2026 results while staying profitable on a non-GAAP basis and authorizing a sizable buyback. Revenue reached $204.2 million, up 12% year over year, driven by marketplace and services revenue of $182.2 million and customer assurance revenue of $22.0 million. Marketplace GMV was $2.7 billion and units were 213,492, both growing modestly.
ACV posted a GAAP net loss of $10.9 million, narrowing from a $14.8 million loss a year earlier, while delivering non-GAAP net income of $7.3 million and Adjusted EBITDA of $17.1 million, above the high end of guidance. The company reaffirmed 2026 guidance, including revenue of $845–$855 million and Adjusted EBITDA of $73–$77 million, and expects the dealer wholesale market to decline in the mid-single digits.
The board authorized a $100 million share repurchase program and intends to enter a $50 million accelerated share repurchase under this authorization. ACV ended the quarter with $341.0 million in cash and cash equivalents and $200 million of long-term debt.
ACV Auctions Inc. is asking shareholders to vote at its virtual 2026 Annual Meeting on May 27, 2026 on three items: electing two Class II directors, an advisory vote on executive pay, and ratifying Ernst & Young LLP as auditor.
Management highlights 2025 operating progress, including 19% revenue growth year over year, $10.4 billion in gross merchandise volume sold on its marketplaces, and 4 million vehicles sold since launch. The board has seven members, six of whom are independent, with an independent chair and fully independent key committees.
The proxy details a pay-for-performance program using base salary, annual bonuses tied to GAAP revenue, Adjusted EBITDA and management objectives, plus RSUs and performance stock units linked to stock price and relative total shareholder return. For 2025, GAAP revenue of $760 million and Adjusted EBITDA of $59 million fell below bonus thresholds, so no annual performance bonuses were paid to named executives.
ACV Auctions Inc. reported that executive Craig Eric Anderson received an equity award covering 194,348 shares of Common Stock, structured as restricted stock units. According to the disclosure, these RSUs will vest in twelve substantially equal quarterly installments beginning July 1, 2026, as long as he remains in continuous service.
The filing also shows that a total of 13,261 shares of Common Stock were withheld at $4.27 per share to cover tax liabilities tied to the vesting of a previously granted time-based RSU award. The company notes this is not a discretionary sale by Anderson. After these transactions, he directly holds 494,151 shares of ACV Auctions Common Stock.
ACV Auctions Inc. director and CEO George Chamoun received a grant of 500,221 shares of Common Stock as a restricted stock unit award at no cost. The RSUs vest in twelve equal quarterly installments beginning July 1, 2026, subject to his continued service. On April 1, 2026, a total of 33,405 shares were withheld at $4.27 per share to cover tax liabilities from a prior RSU vesting, which was not a discretionary sale. After these transactions, he directly holds 3,419,793 shares of Common Stock.
ACV Auctions Inc. reported that Chief Legal Officer Leanne Fitzgerald received a grant of 194,348 shares of Common Stock representing a restricted stock unit ("RSU") award. The RSUs will vest in twelve substantially equal quarterly installments beginning July 1, 2026, subject to her continuous service.
On the same date, a total of 16,456 shares of Common Stock were withheld by the company at $4.27 per share to cover tax liabilities upon the vesting of a previously granted time-based RSU. The filing states this did not represent a discretionary sale. Following these transactions, Fitzgerald directly owns 567,209 shares of Common Stock.
ACV Auctions Inc. Chief Operating Officer Vikas Mehta reported an equity compensation award and related tax withholding activity in company common stock. He received a grant of 300,300 restricted stock units (RSUs) that will vest in twelve substantially equal quarterly installments beginning July 1, 2026, subject to his continued service.
To cover tax liabilities from the vesting of a previously granted time-based RSU award, a total of 17,189 shares of common stock were withheld by the company at $4.27 per share. The filing states this withholding does not represent a discretionary sale by Mehta. Following these transactions, he directly holds 840,087 shares of ACV Auctions common stock.
ACV Auctions Inc. Chief Sales Officer Michael Waterman received a grant of 269,069 shares of Common Stock in the form of a restricted stock unit (RSU) award on April 1, 2026. 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 12,743 shares were withheld at $4.27 per share to cover tax liabilities upon the vesting of a previously granted time-based RSU. This withholding is described as non-discretionary and not an open-market sale. After these transactions, he directly holds 825,428 shares of Common Stock.
ACV Auctions Inc. Chief Financial Officer William Zerella received a grant of 276,276 shares of Common Stock in the form of restricted stock units. The RSUs vest in twelve substantially equal quarterly installments beginning on July 1, 2026, contingent on his continuous service.
On the same date, 12,860 shares of Common Stock were disposed of at $4.27 per share solely to satisfy tax withholding obligations upon vesting of a prior time-based RSU award, which the company notes was not a discretionary sale. After these transactions, Zerella directly holds 1,098,640 shares of Common Stock.
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.