Form 4: ACV Auctions CEO Reports Routine Tax Withholding

ACV Auctions CEO George Chamoun reported the withholding of shares to cover tax obligations related to restricted stock unit vesting.

Summary

• George Chamoun, Chief Executive Officer and Director of ACV Auctions Inc. (ACVA), reported transactions on January 2, 2026.
• These transactions involved the disposition of Common Stock shares to cover tax liabilities upon the vesting of time-based restricted stock units.
• A total of 34,617 shares (10,582 + 9,421 + 14,614) were withheld by the issuer at a price of $8.29 per share.
• The disposition of shares was not a discretionary sale by Mr. Chamoun.
• Following these transactions, Mr. Chamoun beneficially owns 2,584,097 shares of Common Stock directly.

Sentiment

Score: 5

Explanation: The filing reports a routine, non-discretionary transaction related to executive compensation and tax obligations. It does not indicate any significant positive or negative operational or financial developments for the company, thus maintaining a neutral sentiment.

Positives

• The transactions represent the vesting of previously granted restricted stock units, indicating the realization of equity compensation for the CEO.
• The disposition of shares was non-discretionary, solely for tax withholding purposes, rather than a sale by the reporting person that might signal a lack of confidence.

Future Outlook

No future outlook or guidance is provided in this Form 4 filing, as it is a report of past insider transactions.

Management Comments

• "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."

Industry Context

This filing is a standard regulatory disclosure for insider transactions and does not provide broader industry-wide context or trends.

Related Party Transactions

• The transaction involves the CEO of ACV Auctions Inc. and the company itself, which is a related party dealing, specifically for the purpose of covering tax liabilities arising from executive equity compensation.

Stakeholder Impact

• Minimal impact on shareholders, employees, customers, suppliers, or creditors, as this is a routine tax-related transaction for executive compensation and not indicative of operational changes or financial distress.

Key Dates

Keywords

ACV Auctions, ACVA, George Chamoun, Form 4, insider transaction, CEO, restricted stock units, RSU vesting, tax withholding, beneficial ownership