Form 4: ACV Auctions Inc. Executive Anderson Craig Eric Reports Stock Disposals to Cover Tax Obligations

Craig Eric Anderson, CCDSO of ACV Auctions Inc., reports disposals of Class A Common Stock to cover tax liabilities upon vesting of restricted stock units.

Summary

• On April 1, 2025, Craig Eric Anderson, CCDSO of ACV Auctions Inc., disposed of several blocks of Class A Common Stock to cover tax liabilities.
• The disposals were not discretionary sales but were executed to cover the tax obligations arising from the vesting of time-based restricted stock units.
• The prices for the disposed shares were $14.47 per share.
• The transactions resulted in a decrease in Anderson's direct holdings of Class A Common Stock, with the final amount beneficially owned following the reported transactions being 279,909 shares.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock disposals for tax purposes, indicating a neutral sentiment.

Industry Context

This filing is a routine disclosure related to executive compensation and tax obligations, common in publicly traded companies.

Stakeholder Impact

• The stock disposals are unlikely to have a significant impact on shareholders, as they are related to tax obligations and not discretionary sales.

Key Dates

Keywords

ACV Auctions Inc., Form 4, Stock Disposal, Craig Eric Anderson, Tax Liability, Restricted Stock Units, ACVA, CCDSO