other material
confidence high
sentiment neutral
materiality 0.45
ACV Auctions grants PSUs to six executives with stock price condition
ACV Auctions Inc.
- New performance share units (PSUs) granted to six executives subject to a stock price condition.
- Vesting: one-third on July 1, 2025, 2026, 2027, contingent on achieving designated average closing price.
- Grants: CEO Chamoun 91,705 PSUs; CFO Zerella 60,912; Mehta, Waterman 60,912 each; Anderson, Fitzgerald 40,102 each.
- If stock price condition unmet by July 1, 2027, all unvested PSUs forfeited.