Form 4: ACV Auctions CFO William Zerella Reports Acquisition of Restricted Stock Units
SEC Form 4 Filing
William Zerella, CFO of ACV Auctions Inc., reports the acquisition of restricted stock units (RSUs) that will vest in installments starting July 1, 2025.
Summary
- On April 2, 2025, William Zerella, the Chief Financial Officer of ACV Auctions Inc. (ACVA), reported a transaction.
- Zerella acquired 182,206 shares of Class A Common Stock in the form of restricted stock units (RSUs).
- These RSUs will vest in sixteen substantially equal installments beginning on July 1, 2025, contingent upon Zerella's continuous service.
- Following this transaction, Zerella beneficially owns 935,878 shares of Class A Common Stock directly.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, indicating a neutral sentiment.
Future Outlook
The RSUs will vest in sixteen substantially equal installments beginning July 1, 2025, subject to the Reporting Person's continuous service through each such date.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Key Dates
| Date | Description |
|---|---|
| 04/02/2025 | Date of transaction: Acquisition of restricted stock units. |
| 07/01/2025 | Vesting start date for the acquired restricted stock units. |
| 04/04/2025 | Date of signature for the Form 4 filing. |
Keywords
ACV Auctions, ACVA, Form 4, William Zerella, CFO, Restricted Stock Units, RSU, Beneficial Ownership, Securities Exchange Act
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