ACV Auctions Inc. Merger and Shareholder Transactions

This SEC filing (Form 4) details transactions related to the merger of ACV Auctions Inc. ("ACV") with Copart, Inc. The reporting owner, Kirsten Castillo, a director, reported the disposition of 66,607 shares of Common Stock and the cancellation of a stock option to purchase 13,417 shares of Common Stock on October 16, 2026. These transactions were part of the merger agreement, where ACV shareholders received $10.50 per share in cash. Restricted stock units and vested stock options with an exercise price below the merger consideration were canceled in exchange for cash payments. The filing indicates that the reporting owner had no shares remaining after these transactions. The merger was completed following a tender offer, with ACV surviving as a wholly owned subsidiary of Copart.