Key facts
- This page summarizes Brian Hirsch's Form 4 filing for ACV Auctions Inc. (ACVA).
- 10 reported transactions and 2 derivative rows are listed below.
- Accepted by SEC: 13 Nov 2024, 16:15.
Brian Hirsch - 11 Nov 2024 Form 4 Insider Report for ACV Auctions Inc. (ACVA)
- Reporting relationship
- Director
- Issuer ticker
- ACVA
- Reported as of
- 11 Nov 2024
- Net transaction value
- -$3,034,830
- SEC form
- 4
- Accepted by SEC
- 13 Nov 2024, 16:15:26 UTC
- Prior SEC filing
- 23 Aug 2024
- Next SEC filing
- 18 Feb 2025
- Source filing
- View source filing
- Reporting owner signature
- /s/ Brian Hirsch
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Brian Hirsch filed Form 4 for ACV Auctions Inc. (ACVA) on 13 Nov 2024.
Change
- Previous filing in this sequence was filed on 23 Aug 2024.
- Current net transaction value: -$3,034,830.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
ACVA
transaction
Class A Common Stock
Conversion of derivative security
- Transaction value
- Shares
- +1,397,090
- Change %
- Price
- Shares after
- 1,397,090
- Date
- 11 Nov 2024
- Ownership
- By Tribeca Venture Fund II, L.P.
- Footnotes
- F1, F2
ACVA
transaction
Class A Common Stock
Conversion of derivative security
- Transaction value
- Shares
- +465,697
- Change %
- Price
- Shares after
- 465,697
- Date
- 11 Nov 2024
- Ownership
- By Tribeca Venture Fund II New York, L.P.
- Footnotes
- F1, F3
ACVA
transaction
Class A Common Stock
Other
- Transaction value
- $0
- Shares
- -1,397,090
- Change %
- -100%
- Price
- $0.000000
- Shares after
- 0
- Date
- 11 Nov 2024
- Ownership
- Tribeca Venture Fund II, L.P.
- Footnotes
- F2, F4
ACVA
transaction
Class A Common Stock
Other
- Transaction value
- $0
- Shares
- -465,697
- Change %
- -100%
- Price
- $0.000000
- Shares after
- 0
- Date
- 11 Nov 2024
- Ownership
- Tribeca Venture Fund II New York, L.P.
- Footnotes
- F3, F5
ACVA
transaction
Class A Common Stock
Other
- Transaction value
- $0
- Shares
- +356,377
- Change %
- Price
- $0.000000
- Shares after
- 356,377
- Date
- 11 Nov 2024
- Ownership
- By Tribeca Venture Partners II GP, LLC
- Footnotes
- F6, F7
ACVA
transaction
Class A Common Stock
Other
- Transaction value
- $0
- Shares
- -356,377
- Change %
- -100%
- Price
- $0.000000
- Shares after
- 0
- Date
- 11 Nov 2024
- Ownership
- By Tribeca Venture Partners II GP, LLC
- Footnotes
- F7, F8
ACVA
transaction
Class A Common Stock
Other
- Transaction value
- $0
- Shares
- +146,681
- Change %
- +1588%
- Price
- $0.000000
- Shares after
- 155,920
- Date
- 11 Nov 2024
- Ownership
- Direct
- Footnotes
- F9
ACVA
transaction
Class A Common Stock
Sale
- Transaction value
- $3,034,830
- Shares
- -146,681
- Change %
- -94%
- Price
- $20.69
- Shares after
- 9,239
- Date
- 12 Nov 2024
- Ownership
- Direct
- Footnotes
- F10
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
ACVA
transaction
Derivative
Class B Common Stock
Conversion of derivative security
- Transaction value
- Shares
- -1,397,090
- Change %
- -50%
- Price
- Shares after
- 1,397,090
- Date
- 11 Nov 2024
- Ownership
- By Tribeca Venture Fund II, L.P.
- Underlying class
- Class A Common Stock
- Underlying amount
- 1,397,090
- Exercise price
- Footnotes
- F1, F2, F11
ACVA
transaction
Derivative
Class B Common Stock
Conversion of derivative security
- Transaction value
- Shares
- -465,697
- Change %
- -50%
- Price
- Shares after
- 465,697
- Date
- 11 Nov 2024
- Ownership
- By Tribeca Venture Fund II New York, L.P.
- Underlying class
- Class A Common Stock
- Underlying amount
- 465,697
- Exercise price
- Footnotes
- F1, F3, F11
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 11 footnotes
Footnote F1
These shares of Class B common stock were converted into Class A common stock on a one-for-one basis for no additional consideration.
Footnote F2
The shares are held by Tribeca Venture Fund II, L.P. ("TVFII"). Tribeca Venture Partners II GP, LLC ("TVP II GP") is the general partner of TVFII. The Reporting Person is a managing partner of TVP II GP. The Reporting Person disclaims beneficial ownership of the shares held by TVFII, except to the extent of his pecuniary interest, if any, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such shares.
Footnote F3
The shares are held by Tribeca Venture Fund II New York, L.P. ("TVFII NY"). TVP II GP is the general partner of TVFII NY. The Reporting Person is a managing partner of TVP II GP. The Reporting Person disclaims beneficial ownership of the shares held by TVFII NY, except to the extent of his pecuniary interest, if any, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such shares.
Footnote F4
Represents a pro rata, in-kind distribution, and not a purchase or sale of securities, by TVFII to its general partner and limited partners without additional consideration.
Footnote F5
Represents a pro rata, in-kind distribution, and not a purchase or sale of securities, by TVFII NY to its general partner and limited partners without additional consideration.
Footnote F6
Represents receipt of shares in the distributions in kind described in footnotes (4) and (5).
Footnote F7
The shares are held by TVP II GP. The Reporting Person is a managing partner of TVP II GP. The Reporting Person disclaims beneficial ownership of the shares held by TVP II GP, except to the extent of his pecuniary interest, if any, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such shares.
Footnote F8
Represents a pro rata, in-kind distribution, and not a purchase or sale of securities, by TVP II GP to its members without additional consideration.
Footnote F9
Represents receipt of shares in the distribution in kind described in footnote (8).
Footnote F10
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.50 to $20.96 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Footnote F11
Each share of Class B common stock will convert automatically into one share of Class A common stock for no consideration upon any transfer, except for certain permitted transfers, and has no expiration date.