ACV Auctions Inc.·4

Apr 3, 4:34 PM ET

Anderson Craig Eric 4

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ACV Auctions (ACVA) CCDSO Craig Anderson Receives RSU Award

What Happened
Craig Anderson, listed as CCDSO of ACV Auctions (ACVA), received a grant of 194,348 restricted stock units (RSUs) on April 1, 2026 (reported Apr 3, 2026). On the same date, a total of 13,261 shares were withheld by the issuer to cover tax liabilities related to previously vested time‑based RSUs; those withheld shares were recorded at $4.27 each for a combined cash value of $56,624.

Key Details

  • Transaction date: April 1, 2026; Form 4 filed April 3, 2026 (timely filing).
  • Grant: 194,348 RSUs granted (reported acquisition at $0.00 – typical for RSU awards).
  • Withholding for taxes: 5,185 shares ($22,140), 3,645 shares ($15,564), and 4,431 shares ($18,920) — total 13,261 shares withheld at $4.27/share = $56,624. These were recorded as disposals for tax withholding (code F).
  • Shares owned after the transactions: not specified in the filing.
  • Footnotes: RSUs vest in twelve substantially equal quarterly installments beginning July 1, 2026, subject to continued service. The withheld shares were taken by the issuer to satisfy tax withholding on vested time‑based RSUs and do not represent a discretionary sale by the reporting person.

Context
RSU grants are a form of equity compensation that vest over time; this award vests quarterly over three years starting July 1, 2026. The withheld shares simply satisfy the recipient’s tax obligations when RSUs vest and are common practice; they do not necessarily signal selling intent. No option exercise or open‑market sale by the insider is indicated in this filing.