Mark W. Jenkins - Aug 1, 2024 Form 4 Insider Report for CARVANA CO. (CVNA)

Signature
/s/ Paul Breaux, by Power of Attorney for Mark W. Jenkins
Stock symbol
CVNA
Transactions as of
Aug 1, 2024
Transactions value $
-$872,982
Form type
4
Date filed
8/2/2024, 05:29 PM
Previous filing
Jul 3, 2024
Next filing
Sep 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CVNA Class A Common Stock Tax liability -$142K -971 -0.52% $146.52 186K Aug 1, 2024 Direct F1
transaction CVNA Class A Common Stock Sale -$85.3K -600 -0.32% $142.19 185K Aug 1, 2024 Direct F2, F3
transaction CVNA Class A Common Stock Sale -$14.3K -100 -0.05% $142.67 185K Aug 1, 2024 Direct F2
transaction CVNA Class A Common Stock Sale -$173K -1.2K -0.65% $144.45 184K Aug 1, 2024 Direct F2, F4
transaction CVNA Class A Common Stock Sale -$131K -900 -0.49% $145.62 183K Aug 1, 2024 Direct F2, F5
transaction CVNA Class A Common Stock Sale -$147K -1K -0.55% $146.74 182K Aug 1, 2024 Direct F2, F6
transaction CVNA Class A Common Stock Sale -$59K -400 -0.22% $147.43 181K Aug 1, 2024 Direct F2, F7
transaction CVNA Class A Common Stock Sale -$45.1K -300 -0.17% $150.25 181K Aug 1, 2024 Direct F2, F8
transaction CVNA Class A Common Stock Sale -$30.2K -200 -0.11% $151.23 181K Aug 1, 2024 Direct F2, F9
transaction CVNA Class A Common Stock Sale -$45.7K -300 -0.17% $152.33 181K Aug 1, 2024 Direct F2, F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 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.
F2 The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 15, 2023.
F3 This transaction was executed in multiple trades at prices ranging from $ 141.60 to $142.59, 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.
F4 This transaction was executed in multiple trades at prices ranging from $ 143.97 to $144.85, 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.
F5 This transaction was executed in multiple trades at prices ranging from $ 145.18 to $146.11, 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.
F6 This transaction was executed in multiple trades at prices ranging from $ 146.30 to $147.21 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.
F7 This transaction was executed in multiple trades at prices ranging from $ 147.34 to $147.59, 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.
F8 This transaction was executed in multiple trades at prices ranging from $ 149.76 to $150.58, 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.
F9 This transaction was executed in multiple trades at prices ranging from $ 151.02 to $151.44, 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.
F10 This transaction was executed in multiple trades at prices ranging from $ 152.19 to $152.41 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.