Radecki Brian J 4

What Happened

• Brian J. Radecki, a director of ACV Auctions Inc. (ACVA), received an award of 27,500 restricted stock units (RSUs) on 2026-05-27. The Form 4 reports the acquisition price as $0.00 (total reported value $0) at grant.
• This was an equity grant (award), not an open-market purchase or sale. RSUs convert into shares only if and when they vest, so this is not an immediate purchase signal.

Key Details

• Transaction date: 2026-05-27; Form filed: 2026-05-29 (filed within standard Form 4 timing).
• Grant: 27,500 RSUs @ $0.00 (reported acquisition value $0).
• Shares owned after transaction: not specified in the provided filing details.
• Footnote F2: RSUs vest on the first anniversary of the grant date, or fully vest the day before the next Annual Meeting if that occurs sooner; vesting requires continuous service through the vest date.
• Footnote F1: Company renamed Class A Common Stock to Common Stock in 2025; no change to stock rights.

Context

• RSU awards are typical compensation for executives and directors; they represent a promise of shares in the future subject to vesting and continued service. They are not immediate market purchases and do not directly indicate buying/selling sentiment until vested shares are sold.
• Because this is an award/grant (code A on Form 4), there was no cash exchange at grant.