Filing Details
- Accession Number:
- 0001690820-25-000110
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2025-03-26 19:34:21
- Reporting Period:
- 2025-03-24
- Filing Date:
- 2025-03-26
- Accepted Time:
- 2025-03-26 19:34:21
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1690820 | Carvana Co. | CVNA | Retail-Auto Dealers & Gasoline Stations (5500) | 814549921 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1700537 | E. Benjamin Huston | C/O Carvana Co. 300 E. Rio Salado Parkway Tempe AZ 85281 | Chief Operating Officer | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Disposition | 2025-03-24 | 400 | $200.69 | 195,878 | No | 4 | S | Direct | |
| Class A Common Stock | Disposition | 2025-03-24 | 600 | $201.93 | 195,278 | No | 4 | S | Direct | |
| Class A Common Stock | Disposition | 2025-03-24 | 733 | $202.88 | 194,545 | No | 4 | S | Direct | |
| Class A Common Stock | Disposition | 2025-03-24 | 300 | $203.80 | 194,245 | No | 4 | S | Direct | |
| Class A Common Stock | Disposition | 2025-03-24 | 873 | $205.30 | 193,372 | No | 4 | S | Direct | |
| Class A Common Stock | Disposition | 2025-03-24 | 2,189 | $206.51 | 191,183 | No | 4 | S | Direct | |
| Class A Common Stock | Disposition | 2025-03-24 | 5,000 | $207.68 | 186,183 | No | 4 | S | Direct | |
| Class A Common Stock | Disposition | 2025-03-24 | 8,274 | $208.66 | 177,909 | No | 4 | S | Direct | |
| Class A Common Stock | Disposition | 2025-03-24 | 6,840 | $209.51 | 171,069 | No | 4 | S | Direct | |
| Class A Common Stock | Disposition | 2025-03-24 | 4,193 | $210.66 | 166,876 | No | 4 | S | Direct | |
| Class A Common Stock | Disposition | 2025-03-24 | 4,394 | $211.49 | 162,482 | No | 4 | S | Direct | |
| Class A Common Stock | Disposition | 2025-03-24 | 1,000 | $212.78 | 161,482 | No | 4 | S | Direct | |
| Class A Common Stock | Disposition | 2025-03-24 | 11,554 | $213.60 | 149,928 | No | 4 | S | Direct | |
| Class A Common Stock | Disposition | 2025-03-24 | 3,650 | $214.66 | 146,278 | No | 4 | S | Direct | |
| Class A Common Stock | Acquisiton | 2025-03-26 | 31,838 | $0.00 | 178,116 | No | 4 | C | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | C | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Class A Common Stock | Class B Units | Disposition | 2025-03-26 | 39,798 | $0.00 | 31,838 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 153,949 | No | 4 | C | Direct |
Footnotes
- The reported unit conversions and sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 13, 2024 (the "10b5-1 Plan").
- This transaction was executed in multiple trades at prices ranging from $200.00 to $200.95, inclusive. The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price.
- This transaction was executed in multiple trades at prices ranging from $201.34 to $202.23, inclusive. The price reported above reflects the volume weighted average sale price. The Reporting Personundertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price.
- This transaction was executed in multiple trades at prices ranging from $202.53 to $203.44, inclusive. The price reported above reflects the volume weighted average sale price. The Reporting Personundertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price.
- This transaction was executed in multiple trades at prices ranging from $203.57 to $204.26, inclusive. The price reported above reflects the volume weighted average sale price. The Reporting Personundertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price.
- This transaction was executed in multiple trades at prices ranging from $204.90 to $205.89, inclusive. The price reported above reflects the volume weighted average sale price. The Reporting Personundertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price.
- This transaction was executed in multiple trades at prices ranging from $205.95 to $206.92, inclusive. The price reported above reflects the volume weighted average sale price. The Reporting Personundertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price.
- This transaction was executed in multiple trades at prices ranging from $207.06 to $208.05, inclusive. The price reported above reflects the volume weighted average sale price. The Reporting Personundertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price.
- This transaction was executed in multiple trades at prices ranging from $208.08 to $209.07, inclusive. The price reported above reflects the volume weighted average sale price. The Reporting Personundertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price.
- This transaction was executed in multiple trades at prices ranging from $209.08 to $210.07, inclusive. The price reported above reflects the volume weighted average sale price. The Reporting Personundertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price.
- This transaction was executed in multiple trades at prices ranging from $210.08 to $211.07, inclusive. The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price.
- This transaction was executed in multiple trades at prices ranging from $211.08 to $212.00, inclusive. The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price.
- This transaction was executed in multiple trades at prices ranging from $212.18 to $213.17, inclusive. The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price.
- This transaction was executed in multiple trades at prices ranging from $213.18 to $214.15, inclusive. The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price.
- This transaction was executed in multiple trades at prices ranging from $214.18 to $215.08, inclusive. The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price.
- Mr. Huston was granted 1,000,000 Class B common units ("Class B Units") of Carvana Group, LLC ("Carvana Group") on March 24, 2015 with a participation threshold of $0.00; 250,000 vested on the grant date and 16,667 vest on the first of each month thereafter.
- Pursuant to an exchange agreement among the Issuer and certain common unit holders of Carvana Group, LLC, dated April 27, 2017 (the "Exchange Agreement"), holders of Class B Units mayexchange their Class B Units for a number of shares of the Issuer's Class A Common Stock equal to the Class A Common Stock Value less the Adjusted Participation Threshold (as each term is definedin the Exchange Agreement) multiplied by 0.8 times the number of Class B Units being exchanged, divided by the Class A Common Stock Value.
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