JONES RENE F 4

What Happened
Rene F. Jones, a director of ACV Auctions Inc. (ACVA), received an award of 27,500 restricted stock units (RSUs) on May 27, 2026. The RSUs were granted at a $0.00 purchase price (standard for RSU awards); no cash changed hands at grant. Vesting is subject to continued service and specific timing (see Key Details).

Key Details

• Transaction date: 2026-05-27 (filed 2026-05-29). Transaction code: A (award/grant).
• Shares/units granted: 27,500 RSUs; grant price reported as $0.00.
• Shares owned after transaction: not specified in the filing.
• Vesting: RSUs vest on the first anniversary of the grant date, but will vest earlier if the next Annual Meeting occurs sooner; vesting requires continuous service through the applicable vesting date (see footnote F2).
• Stock class note: The company’s former “Class A Common Stock” is now called “Common Stock” (no change in rights) (footnote F1).
• Filing timeliness: Filed two days after the transaction date (appears timely under Form 4 rules).

Context
RSUs are a form of equity compensation that convert into shares upon vesting; they are not an immediate purchase or sale and do not by themselves signal a buy or sell decision. Director RSU grants are commonly used for compensation/retention and typically vest over time subject to continued service.