ACV Auctions Inc. Merger Transaction

This SEC filing details a merger transaction involving ACV Auctions Inc. (ACV), Copart, Inc., and Apple Merger Sub, Inc. Following a tender offer, Merger Sub merged with ACV, making ACV a subsidiary of Copart. The transaction involved the exchange of ACV common stock for $10.50 per share in cash. Eileen A. Kamerick, a director, reported the disposal of 37,368 shares of common stock and the cancellation of 80,984 stock options as part of this merger. The stock options were canceled in exchange for a cash payment calculated based on the difference between the merger consideration and the exercise price.