ACV Auctions Inc: director Brian J Radecki sold 107,708 shares

What happened

• Brian J Radecki, a director of ACV Auctions Inc., disposed of 107,708 shares in connection with a change of control. The Form 4 reports the transaction date as Oct 16, 2026 and was filed on Oct 19, 2026.
• Footnote F1 to the Form 4 states the shares tendered in the offer were exchanged for $10.50 per share under the Merger Agreement, for total consideration of $1,130,934. Footnote F2 states outstanding restricted stock units were canceled in exchange for the right to receive the Merger Consideration.

Key details

• Transaction date and price: Oct 16, 2026; $10.50 per share; total $1,130,934.
• Transaction type: disposition in change of control (code U); RSUs canceled and converted to cash under the Merger Agreement dated Sep 10, 2026.
• Form table entries: price and proceeds shown as "N/A" in the table; details provided in footnotes F1 and F2.
• Shares owned after the transaction: not disclosed in this Form 4.
• Filing date: Oct 19, 2026.

Why it may matter

• This was not an option exercise or a market sale of newly exercised options; RSUs were canceled and converted into cash as part of the merger.
• This filing does not show why the insider traded or why the company acted.