Form 4: ACV Auctions CLO Reports Routine Stock Transactions

ACV Auctions' Chief Legal Officer, Leanne Fitzgerald, reported the withholding of shares for tax obligations related to RSU vesting and an acquisition through the Employee Stock Purchase Plan.

Summary

• Leanne Fitzgerald, Chief Legal Officer of ACV Auctions Inc. (ACVA), reported transactions on January 2, 2026.
• A total of 17,619 shares of common stock were withheld by the issuer at a price of $8.29 per share to cover tax liabilities upon the vesting of time-based restricted stock units.
• This withholding is not a discretionary sale by the reporting person.
• The reporting person also acquired 897 shares through the Company's 2021 Employee Stock Purchase Plan (ESPP) for the purchase period of June 1, 2025, to November 30, 2025.
• Following these transactions, Leanne Fitzgerald beneficially owns 389,317 shares of ACV Auctions Inc. common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. While shares were disposed, it was for tax purposes, not a discretionary sale, which is a routine event. The acquisition of shares through the ESPP indicates continued insider investment.

Positives

• Acquisition of 897 shares through the Employee Stock Purchase Plan (ESPP) indicates continued investment by an insider.
• The transactions are routine and expected, primarily involving tax withholding for RSU vesting, not a discretionary sale.

Negatives

• 17,619 shares were disposed of to cover tax liabilities, reducing the direct beneficial ownership.

Future Outlook

NA

Industry Context

This is a routine insider transaction filing, common across all publicly traded companies when restricted stock units vest or employee stock purchase plans execute. It does not provide specific insights into broader industry trends for online vehicle marketplaces.

Stakeholder Impact

• Shareholders: Minimal impact. Routine insider transactions for tax withholding and ESPP are generally not considered significant drivers of share price or company strategy.
• Employees: The ESPP acquisition highlights the availability and use of employee benefit programs.

Key Dates

Keywords

ACV Auctions, ACVA, Form 4, Insider Trading, Stock Transaction, Restricted Stock Units, RSU, Employee Stock Purchase Plan, ESPP, Leanne Fitzgerald, Chief Legal Officer, Tax Withholding