Andrew Peer - 08 May 2025 Form 4 Insider Report for ACV Auctions Inc. (ACVA)

Role
VP, Corporate Controller & CAO
Signature
/s/ Michelle Webb, Attorney-in-Fact
Issuer symbol
ACVA
Transactions as of
08 May 2025
Transactions value $
-$221,606
Form type
4
Filing time
12 May 2025, 16:11:57 UTC
Previous filing
10 Apr 2025
Next filing
03 Jul 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Peer Andrew VP, Corporate Controller & CAO C/O ACV AUCTIONS INC., 640 ELLICOTT ST., SUITE 321, BUFFALO /s/ Michelle Webb, Attorney-in-Fact 12 May 2025 0002030941

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ACVA Class A Common Stock Sale -$45.3K -2.67K -3.64% $17.00 70.6K 08 May 2025 Direct F1, F2
transaction ACVA Class A Common Stock Sale -$176K -10.3K -14.52% $17.18 60.4K 12 May 2025 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Shares sold pursuant to a Rule 10b5-1 trading plan enter into on December 13, 2024.
F2 These shares were sold in multiple transactions, but all shares were sold for $17.00 per share. 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 such transactions.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.01 to $17.30 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.