{"schema_version":"secwatch.filing_event.v1","accession":"0001637873-26-000023","form_type":"8-K","ticker":"ACVA","cik":"0001637873","company_name":"ACV Auctions Inc.","filed_at":"2026-05-13T13:03:55+00:00","discovered_at":"2026-05-13T13:05:00.284695+00:00","generated_at":"2026-05-13T13:06:06.555451+00:00","sec_items":["9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"ACV Auctions enters $50M accelerated share repurchase with Citibank; initial ~70% delivery","bullets":["On May 12, 2026, ACV Auctions entered an ASR agreement with Citibank for $50M share repurchase.","Company will pay $50M on May 13, 2026; expects initial delivery of approximately 70% of underlying shares.","Final repurchased shares based on VWAP over the term less a discount, subject to adjustments.","Completion expected no later than Q4 2026 under previously announced buyback program.","Agreement includes standard representations, early termination conditions, and calculation agent provisions."],"urls":{"canonical":"https://secwatch.observer/filing/0001637873-26-000023","json":"https://secwatch.observer/filing/0001637873-26-000023.json","markdown":"https://secwatch.observer/filing/0001637873-26-000023.md","text":"https://secwatch.observer/filing/0001637873-26-000023.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1637873/000163787326000023/0001637873-26-000023-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1637873/000163787326000023/acva-20260512.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-13T13:06:06.555451+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}