Form 4: ACV Auctions Director Brian Hirsch Sells Shares in Multiple Transactions
SEC Form 4 Filing
Director Brian Hirsch of ACV Auctions Inc. reports selling shares of Class A Common Stock in a series of transactions between June 6 and June 10, 2024.
Summary
- Brian Hirsch, a director at ACV Auctions Inc., sold shares of Class A Common Stock between June 6 and June 10, 2024.
- On June 6, 2024, 342 shares were sold at an average price of $18.03.
- On June 7, 2024, 14,909 shares were sold at an average price of $18.02.
- On June 10, 2024, 57,211 shares were sold at an average price of $18.33.
- Following these transactions, Hirsch directly owns 32,197 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting stock sales by a director, which is neutral in sentiment.
Industry Context
This filing is a routine disclosure of stock sales by a company insider, which is a common occurrence in the market.
Stakeholder Impact
- The stock sale by a director could have a minor negative impact on shareholder sentiment, but is unlikely to have a significant long-term effect.
Key Dates
| Date | Description |
|---|---|
| 06/06/2024 | Sale of 342 shares of Class A Common Stock at an average price of $18.03. |
| 06/07/2024 | Sale of 14,909 shares of Class A Common Stock at an average price of $18.02. |
| 06/10/2024 | Sale of 57,211 shares of Class A Common Stock at an average price of $18.33. |
| 06/10/2024 | Date of signature for the Form 4 filing. |
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