CFO William Zerella sells 32,500 ACVA shares at $21.65; retains 490,482 shares post-sale.
William Zerella, Chief Financial Officer of ACV Auctions, sold 32,500 shares at $21.65 on 2024-12-30, reducing his holdings by 6.2% to 490,482 shares. The sale price was 0.2% below the current $21.60 price and 6.8% below the 52-week high of $23.17, occurring after a -4.5% decline over the prior 30 days. Across his prior five trades at ACVA, Zerella's timing has been inconsistent—at the 90-day measurement window, 0 of 3 measurable prior sells were well-timed (the stock rose after two of those sales: +3.1% and +4.8%, respectively). The underlying business remains unprofitable on a full-year basis with net income of $-16.0M, though revenue grew 14.2% year-over-year to $171.3M. This sale reflects routine portfolio activity by an executive who continues to hold substantial position in the company.