---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-026315"
form_type: "8-K"
ticker: "ACVA"
cik: "0001637873"
company_name: "ACV Auctions Inc."
filed_at: "2024-06-03T23:59:59+00:00"
generated_at: "2026-06-01T06:50:13.637174+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# ACV Auctions grants PSUs to six executives with stock price condition

## Summary
- 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.

## SEC filing metadata
- accession: 0001628280-24-026315
- form_type: 8-K
- ticker: ACVA
- cik: 0001637873
- company_name: ACV Auctions Inc.
- filed_at: 2024-06-03T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1637873/000162828024026315/0001628280-24-026315-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1637873/000162828024026315/acva-20240528.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-026315
- JSON: https://secwatch.observer/filing/0001628280-24-026315.json
- Plain text: https://secwatch.observer/filing/0001628280-24-026315.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.