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ACV Auctions(ACVA.US) Officer Sells US$2.24 Million in Common Stock

moomoo News ·  Apr 5 16:56

$ACV Auctions (ACVA.US)$ Officer Mehta Vikas sold 121.74K shares of Common Stock on Apr 3, 4, 2024 at an average price of $18.42 for a total value of $2.24 million.

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What is statement of changes in beneficial ownership of securities?

It is a requirement under federal securities laws that mandates individuals, including officers, directors, and those who hold more than 10% of any class of a company's securities (collectively known as "insiders"), to report their purchases, sales, and holdings of their company's securities by submitting Forms 3, 4, and 5.

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