Filing Details
- Accession Number:
- 0001690820-25-000123
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2025-04-02 18:33:19
- Reporting Period:
- 2025-03-31
- Filing Date:
- 2025-04-02
- Accepted Time:
- 2025-04-02 18:33:19
- 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 | 2025-03-31 | 700 | $194.19 | 177,416 | No | 4 | S | Direct | |
| Class A Common Stock | Disposition | 2025-03-31 | 1,100 | $195.35 | 176,316 | No | 4 | S | Direct | |
| Class A Common Stock | Disposition | 2025-03-31 | 800 | $196.25 | 175,516 | No | 4 | S | Direct | |
| Class A Common Stock | Disposition | 2025-03-31 | 800 | $197.55 | 174,716 | No | 4 | S | Direct | |
| Class A Common Stock | Disposition | 2025-03-31 | 800 | $199.09 | 173,916 | No | 4 | S | Direct | |
| Class A Common Stock | Disposition | 2025-03-31 | 1,096 | $200.74 | 172,820 | No | 4 | S | Direct | |
| Class A Common Stock | Disposition | 2025-03-31 | 2,076 | $201.85 | 170,744 | No | 4 | S | Direct | |
| Class A Common Stock | Disposition | 2025-03-31 | 2,207 | $202.70 | 168,537 | No | 4 | S | Direct | |
| Class A Common Stock | Disposition | 2025-03-31 | 1,853 | $203.79 | 166,684 | No | 4 | S | Direct | |
| Class A Common Stock | Disposition | 2025-03-31 | 1,930 | $204.89 | 164,754 | No | 4 | S | Direct | |
| Class A Common Stock | Disposition | 2025-03-31 | 300 | $206.05 | 164,454 | No | 4 | S | Direct | |
| Class A Common Stock | Disposition | 2025-03-31 | 2,555 | $207.64 | 161,899 | No | 4 | S | Direct | |
| Class A Common Stock | Disposition | 2025-03-31 | 9,051 | $208.50 | 152,848 | No | 4 | S | Direct | |
| Class A Common Stock | Disposition | 2025-03-31 | 12,001 | $209.38 | 140,847 | No | 4 | S | Direct | |
| Class A Common Stock | Disposition | 2025-03-31 | 5,269 | $210.48 | 135,578 | No | 4 | S | Direct | |
| Class A Common Stock | Disposition | 2025-03-31 | 5,607 | $211.47 | 129,971 | No | 4 | S | Direct | |
| Class A Common Stock | Disposition | 2025-03-31 | 1,455 | $212.39 | 128,516 | No | 4 | S | Direct | |
| Class A Common Stock | Disposition | 2025-03-31 | 400 | $213.36 | 128,116 | No | 4 | S | Direct | |
| Class A Common Stock | Disposition | 2025-04-01 | 4,313 | $212.59 | 123,803 | No | 4 | F | Direct | |
| Class A Common Stock | Acquisiton | 2025-04-02 | 50,000 | $0.00 | 173,803 | 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 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | F | 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 | 2025-04-02 | 62,500 | $0.00 | 50,000 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 91,449 | 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 $193.61 to $194.53, 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 $194.70 to $195.65, 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 $195.70 to $196.66, 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 $197.00 to $197.90, 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 $198.60 to $199.47, 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 $200.19 to $201.18, 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 $201.19 to $202.13, 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 $202.20 to $203.19, 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 $203.20 to $204.19, 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 $204.41 to $205.40, 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 $205.65 to $206.49, 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 $206.98 to $207.97, 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 $207.98 to $208.96, 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 $208.98 to $209.97, 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 $210.00 to $210.99, 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 $211.00 to $211.94, 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 $212.06 to $212.94, 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 $213.14 to $213.66, 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.
- Represents total number of shares of Class A Common Stock of the Issuer withheld for taxes upon vesting of restricted stock units pursuant to various awards.
- 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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