Chamoun George 4

What Happened
Chamoun George, CEO of ACV Auctions Inc. (ACVA), exercised stock options on January 30, 2026 to acquire 313,430 shares at an exercise price of $0.14 per share, for a total cash payment of $43,880. The filing also shows a simultaneous disposition of the related derivative instrument (the option) for $0.00, indicating conversion/termination of the option upon exercise. This was an option exercise (not a sale of the underlying shares).

Key Details

• Transaction date: 2026-01-30 (reported on Form 4 filed 2026-02-02). The filing appears timely based on available dates.
• Acquired: 313,430 shares at $0.14 per share; total cash paid $43,880.
• Disposed: 313,430 derivative units (option) at $0.00 (reflects conversion/termination of the option).
• Shares owned after the transaction: Not specified in the provided excerpt of the filing.
• Footnote: The option award vested on a schedule that began Mar 22, 2018 (1/4 vested then) with the remainder vesting monthly (one-forty-eighth each month), subject to continuous service.
• Transaction code: M (exercise or conversion of a derivative security). No tax-withholding or sale-for-cashless-exercise was reported in the excerpt.

Context
An option exercise is a common corporate insider transaction and reflects exercising previously granted compensation rather than an open-market buy or sale of shares. Because no immediate sale of the acquired shares is reported here, this is not an insider sale; it’s the conversion of an equity award into stock. For retail investors, exercises show executives taking ownership of shares granted earlier but do not by themselves indicate a bullish or bearish signal.