ACV Auctions: VP, corporate controller & CAO Peer Andrew sold 8,595 shares

What happened Peer Andrew, VP, corporate controller & CAO, had 8,595 shares reported as disposed on Oct 1, 2026, at $10.45 per share, totaling $89,817. The transactions are reported as payments to cover exercise price or tax liability (transaction code F).

Key details

• Transaction date and price: Oct 1, 2026; $10.45 per share.
• Breakdown by lot: 630, 958, 827, 1,223, 674 and 4,283 shares (each lot at $10.45).
• Shares owned after the transaction: not reported in the provided filing details.
• Footnotes: F1 indicates the shares were withheld by the issuer to cover tax liability upon vesting of time-based restricted stock units and do not represent a discretionary sale by the reporting person. F2 notes inclusion of 149 shares purchased under the 2021 ESPP for the purchase period Jun 1, 2026 to Sep 17, 2026.
• Filing date and timeliness: filed Oct 5, 2026; filed on time under the two-business-day rule.

Why it may matter The filing records shares withheld to satisfy tax obligations on vested equity rather than an open-market, discretionary sale. A filing does not show why the insider traded or why the company acted.