ACV Auctions Inc: CEO Chamoun George sold 54,686 shares

What happened Chamoun George, CEO, had 54,686 shares withheld to cover tax liability related to the vesting of restricted stock units; the transactions are reported as disposals at $10.45 per share totaling $571,468. The filing lists four withholding transactions on Oct 1, 2026 for 10,582; 13,401; 21,281; and 9,422 shares.

Key details

• Transaction date and price: Oct 1, 2026 at $10.45 per share.
• Individual transactions and reported values:
  • 10,582 shares for $110,582.
  • 13,401 shares for $140,040.
  • 21,281 shares for $222,386.
  • 9,422 shares for $98,460.
• Shares owned after the transaction: not reported in the filing.
• Footnote F1: shares were withheld by the issuer to cover the tax liability upon vesting of time-based restricted stock units and do not represent a discretionary sale by the reporting person.
• Filing timeliness: not indicated in the provided data.

Why it may matter

• These transactions are tax withholdings tied to RSU vesting, not open-market sales initiated by the insider.
• A filing does not show why the insider traded or why the company acted.