Waterman Michael 4
4 · ACV Auctions Inc. · Filed Jul 9, 2025
Insider Transaction Report
Form 4
Waterman Michael
Chief Sales Officer
Transactions
- Sale
Common Stock
2025-07-08$16.05/sh−34,339$551,141→ 379,957 total - Exercise/Conversion
Common Stock
2025-07-08$0.14/sh+21,429$3,000→ 414,296 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
2025-07-08−21,429→ 259,835 totalExercise: $0.14Exp: 2027-08-26→ Common Stock (21,429 underlying)
Footnotes (3)
- [F1]Shares sold pursuant to a Rule 10b5-1 trading plan enter into on December 10, 2024.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.00 to $16.22 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F3]One-fourth (1/4th) of the shares subject to the option award vested on July 1, 2018, and thereafter one-forty-eighths of the shares subject to the option award vested monthly, subject to the Reporting Person's continuous service.