Chamoun George 4

What Happened
George Chamoun, CEO of ACV Auctions Inc. (ACVA), acquired 24,272 shares on March 9, 2026 in an open-market/private purchase. The filing reports a weighted-average price of $5.05 per share for a total transaction value of approximately $122,574. This was a purchase (transaction code P), which represents an acquisition of company stock rather than a sale.

Key Details

• Transaction date: March 9, 2026. Filing date: March 11, 2026 (appears timely; Form 4 is generally due within two business days).
• Amount: 24,272 shares acquired; reported weighted-average price $5.05; total ≈ $122,574.
• Price range: purchases occurred at prices ranging from $4.87 to $5.19 (see footnote). The $5.05 is a weighted average.
• Shares owned after the transaction: not disclosed in the provided filing excerpt.
• Footnotes:
  • F1 — Shares purchased pursuant to a Rule 10b5-1 trading plan entered on Sept 15, 2025 (pre-scheduled trades).
  • F2 — Weighted-average price with purchases at multiple prices; the reporting person will provide a breakdown by price on request.

Context
A 10b5-1 plan means the trades were executed under a pre-established trading arrangement adopted in advance, which is commonly used to reduce questions about timing decisions by insiders. Purchases by executives can be interpreted as a positive signal, but the filing does not state the insider’s motive.