Form 4: ACV Auctions Inc. Executive Craig Eric Anderson Reports Stock Transactions

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

Summary

• On October 1, 2024, Craig Eric Anderson, the CCDSO of ACV Auctions Inc., reported transactions involving Class A Common Stock.
• The transactions involved the disposition of shares to cover tax liabilities upon the vesting of time-based restricted stock units.
• A total of 11,916 shares of Class A Common Stock were disposed of at a price of $19.77 per share.
• Following the reported transactions, Anderson beneficially owns 316,251 shares of Class A Common Stock and 101,054 derivative securities related to Class B Common Stock.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the document simply reports stock transactions related to tax obligations, which is a routine event.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, which is common in publicly traded companies. It provides transparency to investors regarding insider activity.

Stakeholder Impact

• The transactions have a minimal impact on stakeholders as they are related to tax obligations and do not represent a significant change in the executive's ownership position.

Key Dates