Chamoun George 4

What Happened Chamoun George, CEO of ACV Auctions Inc. (ACVA), had 54,686 shares disposed on July 1, 2026 as tax-withheld shares from the vesting of time-based restricted stock units (RSUs). The shares were withheld at $7.29 per share for a total of $398,660.94 (reported as $155,138; $77,143; $68,686; and $97,693 across four withholding tranches). These were tax-withholding disposals, not discretionary open-market sales.

Key Details

• Transaction date: 2026-07-01; Form 4 filed 2026-07-06 (Accession: 0001419488-26-000014).
• Price per share: $7.29. Total shares withheld: 54,686. Total value: ~$398,661.
• Individual withholdings: 21,281 sh ($155,138); 10,582 sh ($77,143); 9,422 sh ($68,686); 13,401 sh ($97,693).
• Transaction code: F (tax withholding to cover tax liability). Footnote F1: issuer withheld shares to cover the tax liability upon vesting of time-based RSUs — not a discretionary sale by the reporting person.
• Shares owned after the transaction: not specified in the provided filing.

Context Tax-withholding disposals on RSU vesting are routine and do not necessarily indicate the insider is selling shares for investment reasons. For retail investors, outright purchases or open-market sales by insiders can be more informative about sentiment; tax-withholdings are a common administrative result of compensation vesting.