Stephen R. Palmer - Feb 2, 2024 Form 4 Insider Report for CARVANA CO. (CVNA)

Role: Vice President of Accounting
Signature: /s/ Paul Breaux, by Power of Attorney for Stephen R. Palmer
Stock symbol: CVNA
Transactions as of: Feb 2, 2024
Transactions value $: -$16,634
Form type: 4
Date filed: 2/5/2024, 06:17 PM
Previous filing: Jan 3, 2024
Next filing: Mar 5, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CVNA	Class A Common Stock	Sale	-$16.6K	-406	-0.59%	$40.97	68.7K	Feb 2, 2024	Direct	F1, F2
transaction	CVNA	Class A Common Stock	Award	$0	+4.29K	+6.24%	$0.00	73K	Feb 5, 2024	Direct	F3

Showing 1 to 2 of 2 entries

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents shares of Class A common stock sold to pay required tax withholdings upon vesting of restricted stock units.
F2	This transaction was executed in multiple trades at prices ranging from $ 40.50 to $41.10, 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.
F3	Represents shares of Class A Common Stock of Carvana Co. (the "Issuer") underlying restricted stock units acquired by the Reporting Person. The restricted stock units vest 25% on January 1, 2025 and monthly thereafter for the following three years, subject to the Reporting Person's continued service with the Issuer.