AG˹ٷ

STOCK TITAN

[Form 4] ACV Auctions Inc. Insider Trading Activity

Filing Impact
(High)
Filing Sentiment
(Negative)
Form Type
4
Rhea-AI Filing Summary

ACV Auctions Inc. (ACVA) � Form 4 insider transaction

Chief Sales Officer Michael Waterman exercised 21,429 employee stock options at an exercise price of $0.14 on 07/08/2025 and immediately sold 34,339 common shares at a weighted-average price of $16.05 under a pre-established Rule 10b5-1 plan. The sequence results in a net reduction of 12,910 shares (�3% of his direct stake). Following the transactions, Waterman directly owns 379,957 common shares—worth roughly $6.1 million at the sale price—and retains 259,835 unexercised options.

The filing discloses no company-level financial metrics, corporate events, or additional insider activity. Given the modest scale relative to total shares outstanding and Waterman’s sizeable remaining position, the market impact is likely limited, though investors may view the sale as a mild bearish signal.

ACV Auctions Inc. (ACVA) � Transazione interna Form 4

Il Chief Sales Officer Michael Waterman ha esercitato 21.429 opzioni azionarie per dipendenti a un prezzo di esercizio di 0,14$ il 08/07/2025 e ha immediatamente venduto 34.339 azioni ordinarie a un prezzo medio ponderato di 16,05$ secondo un piano predefinito Rule 10b5-1. Questa operazione ha comportato una riduzione netta di 12.910 azioni (circa il 3% della sua partecipazione diretta). Dopo le transazioni, Waterman detiene direttamente 379.957 azioni ordinarie—dal valore approssimativo di 6,1 milioni di dollari al prezzo di vendita—e conserva 259.835 opzioni non esercitate.

Il documento non riporta metriche finanziarie a livello aziendale, eventi societari o ulteriori attività interne. Considerando la modesta entità rispetto al totale delle azioni in circolazione e la consistente posizione residua di Waterman, l’impatto sul mercato dovrebbe essere limitato, anche se gli investitori potrebbero interpretare la vendita come un segnale leggermente ribassista.

ACV Auctions Inc. (ACVA) � Transacción interna Formulario 4

El Director de Ventas, Michael Waterman, ejerció 21,429 opciones sobre acciones para empleados a un precio de ejercicio de 0,14$ el 08/07/2025 y vendió inmediatamente 34,339 acciones comunes a un precio promedio ponderado de 16,05$ bajo un plan preestablecido Rule 10b5-1. Esta operación resultó en una reducción neta de 12,910 acciones (aproximadamente el 3% de su participación directa). Tras las transacciones, Waterman posee directamente 379,957 acciones comunes—con un valor aproximado de 6,1 millones de dólares al precio de venta—y mantiene 259,835 opciones sin ejercer.

El informe no revela métricas financieras a nivel de la empresa, eventos corporativos ni actividad interna adicional. Dada la escala modesta en relación con el total de acciones en circulación y la considerable posición restante de Waterman, el impacto en el mercado probablemente sea limitado, aunque los inversores podrían interpretar la venta como una señal ligeramente bajista.

ACV Auctions Inc. (ACVA) � Form 4 내부� 거래

최고 영업 책임� 마이� 워터�(Michael Waterman)은 2025� 7� 8일에 행사가� $0.14� 21,429개의 직원 스톡옵션� 행사하고, 즉시 사전 설정� Rule 10b5-1 계획� 따라 가중평� 가� $16.05� 34,339주의 보통주를 매도했습니다. � 거래� 인해 순감소된 주식 수는 12,910�(직접 지분의 � 3%)입니�. 거래 � 워터맨은 직접 379,957주의 보통주를 보유하며 이는 매도가 기준 � 610� 달러 상당이고, 259,835주의 미행� 옵션� 보유하고 있습니다.

공시에는 회사 수준� 재무 지�, 기업 이벤� 또는 추가 내부� 활동� 포함되어 있지 않습니다. 전체 발행 주식 대� 규모가 작고 워터맨의 상당� 잔여 지분을 고려� � 시장� 미치� 영향은 제한적일 것으� 보이�, 투자자들은 이번 매도� 다소 약세 신호� 해석� � 있습니다.

ACV Auctions Inc. (ACVA) � Transaction d’initié Formulaire 4

Le directeur commercial Michael Waterman a exercé 21 429 options d’achat d’actions pour employés à un prix d’exercice de 0,14 $ le 08/07/2025, puis a immédiatement vendu 34 339 actions ordinaires à un prix moyen pondéré de 16,05 $ dans le cadre d’un plan préétabli Rule 10b5-1. Cette opération entraîne une réduction nette de 12 910 actions (environ 3 % de sa participation directe). À l’issue de ces transactions, Waterman détient directement 379 957 actions ordinaires � d’une valeur approximative de 6,1 millions de dollars au prix de vente � et conserve 259 835 options non exercées.

Le dépôt ne révèle aucune donnée financière au niveau de l’entreprise, aucun événement corporatif ni activité supplémentaire d’initiés. Étant donné l’ampleur modeste par rapport au nombre total d’actions en circulation et la position importante restante de Waterman, l’impact sur le marché devrait être limité, bien que les investisseurs puissent percevoir cette vente comme un léger signal baissier.

ACV Auctions Inc. (ACVA) � Insider-Transaktion gemäß Formular 4

Der Chief Sales Officer Michael Waterman hat am 08.07.2025 21.429 Mitarbeiteraktienoptionen zum Ausübungspreis von 0,14 $ ausgeübt und unmittelbar danach 34.339 Stammaktien zu einem gewichteten Durchschnittspreis von 16,05 $ im Rahmen eines vorab festgelegten Rule 10b5-1 Plans verkauft. Die Folge ist eine Netto-Reduzierung von 12.910 Aktien (ca. 3 % seines direkten Anteils). Nach den Transaktionen besitzt Waterman direkt 379.957 Stammaktien � im Verkaufswert rund 6,1 Millionen Dollar � und hält 259.835 nicht ausgeübte Optionen.

Die Meldung enthält keine finanziellen Kennzahlen auf Unternehmensebene, keine Unternehmensereignisse oder weitere Insideraktivitäten. Aufgrund des vergleichsweise geringen Umfangs im Verhältnis zu den insgesamt ausstehenden Aktien und Watermans beträchtlicher verbleibender Position ist die Marktwirkung wahrscheinlich begrenzt, auch wenn Anleger den Verkauf als leicht bärisches Signal interpretieren könnten.

Positive
  • None.
Negative
  • Insider sold 34,339 shares (~$0.55 million), trimming direct ownership by about 3%, which some investors may interpret as a modestly negative signal.

Insights

TL;DR: Small insider sale; neutral impact given minimal stake reduction.

The 34,339-share disposition represents under 3% of Waterman’s post-sale holdings and is executed via a 10b5-1 plan, mitigating concerns of opportunistic selling. Proceeds of roughly $0.55 million contrast with his remaining ~$6 million equity exposure, suggesting continued alignment with shareholder interests. The option exercise at a de-minimis strike is routine. In isolation, the activity does not materially alter ACVA’s investment thesis or signal fundamental weakness. I classify the filing as informational with negligible market impact.

ACV Auctions Inc. (ACVA) � Transazione interna Form 4

Il Chief Sales Officer Michael Waterman ha esercitato 21.429 opzioni azionarie per dipendenti a un prezzo di esercizio di 0,14$ il 08/07/2025 e ha immediatamente venduto 34.339 azioni ordinarie a un prezzo medio ponderato di 16,05$ secondo un piano predefinito Rule 10b5-1. Questa operazione ha comportato una riduzione netta di 12.910 azioni (circa il 3% della sua partecipazione diretta). Dopo le transazioni, Waterman detiene direttamente 379.957 azioni ordinarie—dal valore approssimativo di 6,1 milioni di dollari al prezzo di vendita—e conserva 259.835 opzioni non esercitate.

Il documento non riporta metriche finanziarie a livello aziendale, eventi societari o ulteriori attività interne. Considerando la modesta entità rispetto al totale delle azioni in circolazione e la consistente posizione residua di Waterman, l’impatto sul mercato dovrebbe essere limitato, anche se gli investitori potrebbero interpretare la vendita come un segnale leggermente ribassista.

ACV Auctions Inc. (ACVA) � Transacción interna Formulario 4

El Director de Ventas, Michael Waterman, ejerció 21,429 opciones sobre acciones para empleados a un precio de ejercicio de 0,14$ el 08/07/2025 y vendió inmediatamente 34,339 acciones comunes a un precio promedio ponderado de 16,05$ bajo un plan preestablecido Rule 10b5-1. Esta operación resultó en una reducción neta de 12,910 acciones (aproximadamente el 3% de su participación directa). Tras las transacciones, Waterman posee directamente 379,957 acciones comunes—con un valor aproximado de 6,1 millones de dólares al precio de venta—y mantiene 259,835 opciones sin ejercer.

El informe no revela métricas financieras a nivel de la empresa, eventos corporativos ni actividad interna adicional. Dada la escala modesta en relación con el total de acciones en circulación y la considerable posición restante de Waterman, el impacto en el mercado probablemente sea limitado, aunque los inversores podrían interpretar la venta como una señal ligeramente bajista.

ACV Auctions Inc. (ACVA) � Form 4 내부� 거래

최고 영업 책임� 마이� 워터�(Michael Waterman)은 2025� 7� 8일에 행사가� $0.14� 21,429개의 직원 스톡옵션� 행사하고, 즉시 사전 설정� Rule 10b5-1 계획� 따라 가중평� 가� $16.05� 34,339주의 보통주를 매도했습니다. � 거래� 인해 순감소된 주식 수는 12,910�(직접 지분의 � 3%)입니�. 거래 � 워터맨은 직접 379,957주의 보통주를 보유하며 이는 매도가 기준 � 610� 달러 상당이고, 259,835주의 미행� 옵션� 보유하고 있습니다.

공시에는 회사 수준� 재무 지�, 기업 이벤� 또는 추가 내부� 활동� 포함되어 있지 않습니다. 전체 발행 주식 대� 규모가 작고 워터맨의 상당� 잔여 지분을 고려� � 시장� 미치� 영향은 제한적일 것으� 보이�, 투자자들은 이번 매도� 다소 약세 신호� 해석� � 있습니다.

ACV Auctions Inc. (ACVA) � Transaction d’initié Formulaire 4

Le directeur commercial Michael Waterman a exercé 21 429 options d’achat d’actions pour employés à un prix d’exercice de 0,14 $ le 08/07/2025, puis a immédiatement vendu 34 339 actions ordinaires à un prix moyen pondéré de 16,05 $ dans le cadre d’un plan préétabli Rule 10b5-1. Cette opération entraîne une réduction nette de 12 910 actions (environ 3 % de sa participation directe). À l’issue de ces transactions, Waterman détient directement 379 957 actions ordinaires � d’une valeur approximative de 6,1 millions de dollars au prix de vente � et conserve 259 835 options non exercées.

Le dépôt ne révèle aucune donnée financière au niveau de l’entreprise, aucun événement corporatif ni activité supplémentaire d’initiés. Étant donné l’ampleur modeste par rapport au nombre total d’actions en circulation et la position importante restante de Waterman, l’impact sur le marché devrait être limité, bien que les investisseurs puissent percevoir cette vente comme un léger signal baissier.

ACV Auctions Inc. (ACVA) � Insider-Transaktion gemäß Formular 4

Der Chief Sales Officer Michael Waterman hat am 08.07.2025 21.429 Mitarbeiteraktienoptionen zum Ausübungspreis von 0,14 $ ausgeübt und unmittelbar danach 34.339 Stammaktien zu einem gewichteten Durchschnittspreis von 16,05 $ im Rahmen eines vorab festgelegten Rule 10b5-1 Plans verkauft. Die Folge ist eine Netto-Reduzierung von 12.910 Aktien (ca. 3 % seines direkten Anteils). Nach den Transaktionen besitzt Waterman direkt 379.957 Stammaktien � im Verkaufswert rund 6,1 Millionen Dollar � und hält 259.835 nicht ausgeübte Optionen.

Die Meldung enthält keine finanziellen Kennzahlen auf Unternehmensebene, keine Unternehmensereignisse oder weitere Insideraktivitäten. Aufgrund des vergleichsweise geringen Umfangs im Verhältnis zu den insgesamt ausstehenden Aktien und Watermans beträchtlicher verbleibender Position ist die Marktwirkung wahrscheinlich begrenzt, auch wenn Anleger den Verkauf als leicht bärisches Signal interpretieren könnten.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a 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). See Instruction 10.
1. Name and Address of Reporting Person*
Waterman Michael

(Last) (First) (Middle)
C/O ACV AUCTIONS INC.
640 ELLICOTT ST., SUITE 321

(Street)
BUFFALO NY 14203

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
ACV Auctions Inc. [ ACVA ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Sales Officer
3. Date of Earliest Transaction (Month/Day/Year)
07/08/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 07/08/2025 M 21,429 A $0.14 414,296 D
Common Stock 07/08/2025 S(1) 34,339 D $16.05(2) 379,957 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (Right to Buy) $0.14 07/08/2025 M 21,429 (3) 08/26/2027 Common Stock 21,429 $0 259,835 D
Explanation of Responses:
1. Shares sold pursuant to a Rule 10b5-1 trading plan enter into on December 10, 2024.
2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.00 to $16.22 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.
3. One-fourth (1/4th) of the shares subject to the option award vested on July 1, 2018, and thereafter one-forty-eighths of the shares subject to the option award vested monthly, subject to the Reporting Person's continuous service.
Remarks:
/s/ Michelle Webb, Attorney-in-Fact 07/09/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many ACVA shares did Michael Waterman sell on 07/08/2025?

He sold 34,339 common shares.

What was the average sale price for the ACVA shares?

The weighted-average price was $16.05 per share, within a $16.00�$16.22 range.

Was the sale conducted under a Rule 10b5-1 trading plan?

Yes, the shares were sold pursuant to a 10b5-1 plan entered on December 10, 2024.

How many ACVA shares does Waterman own after the reported transactions?

He directly owns 379,957 common shares.

How many stock options remain unexercised by Waterman?

He retains 259,835 employee stock options.

What was the exercise price of the options exercised?

The options were exercised at $0.14 per share.
Acv Auctions Inc.

NYSE:ACVA

ACVA Rankings

ACVA Latest News

ACVA Latest SEC Filings

ACVA Stock Data

2.33B
166.85M
2.31%
104.37%
8.05%
Auto & Truck Dealerships
Services-business Services, Nec
United States
BUFFALO