Form 4: ACV Auctions Inc. Executive Leanne Fitzgerald Reports Tax Liability Share Withholding
SEC Form 4 Filing
Leanne Fitzgerald, Chief Legal Officer of ACV Auctions Inc., had shares withheld by the issuer to cover tax liabilities upon vesting of restricted stock units.
Summary
- On April 1, 2025, Leanne Fitzgerald, Chief Legal Officer of ACV Auctions Inc., had shares of Class A Common Stock withheld by the issuer to cover tax liabilities.
- A total of 12,903 shares were withheld at a price of $14.47 per share.
- Following the transaction, Fitzgerald directly owns 350,497 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: Neutral. This is a standard transaction related to executive compensation and tax obligations.
Industry Context
This is a routine Form 4 filing, reflecting standard practice of share withholding to cover tax obligations upon vesting of restricted stock units, a common form of executive compensation.
Key Dates
| Date | Description |
|---|---|
| 04/01/2025 | Date of transaction: Shares withheld for tax liability. |
| 04/03/2025 | Date of signature on the report. |
Keywords
ACV Auctions Inc., Form 4, Beneficial Ownership, Leanne Fitzgerald, Tax Liability, Share Withholding, Class A Common Stock, Securities Exchange Act, SEC, ACVA
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