Chamoun George 4
Research Summary
AI-generated summary
ACV Auctions (ACVA) CEO George Chamoun Buys 16,892 Shares
What Happened
George Chamoun, CEO of ACV Auctions Inc. (ACVA), reported an open-market purchase of 16,892 shares on February 9, 2026. The reported weighted-average price was $7.30 per share, for a total transaction value of approximately $123,312. This was a purchase (code P), which is generally considered a more informative/“bullish” signal than a sale.
Key Details
- Transaction date: February 9, 2026; Form 4 filed February 10, 2026 (timely filing).
- Shares acquired: 16,892; weighted-average price reported: $7.30; total ≈ $123,312.
- Price range note (Footnote F2): shares were bought in multiple trades at prices between $7.15 and $7.39; the filer can provide per-price breakdown on request.
- Footnote F1: references shares sold under a Rule 10b5-1 plan entered Sept 15, 2025 (applies to other sales disclosed by the filer, not this purchase).
- Shares owned after the transaction: not specified in the provided filing details.
Context
This filing documents a straightforward open-market purchase by the CEO. No option exercises, gifts, or tax-withholding events are indicated for this specific transaction. Purchases by insiders can signal confidence, but they should be considered alongside other filings and company fundamentals.