Mark W. Jenkins - 01 Aug 2024 Form 4 Insider Report for CARVANA CO. (CVNA)

Signature
/s/ Paul Breaux, by Power of Attorney for Mark W. Jenkins
Issuer symbol
CVNA
Transactions as of
01 Aug 2024
Net transactions value
-$872,982
Form type
4
Filing time
02 Aug 2024, 17:29:11 UTC
Previous filing
03 Jul 2024
Next filing
04 Sep 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CVNA Class A Common Stock Tax liability $142,271 -971 -0.52% $146.52 185,609 01 Aug 2024 Direct F1
transaction CVNA Class A Common Stock Sale $85,314 -600 -0.32% $142.19 185,009 01 Aug 2024 Direct F2, F3
transaction CVNA Class A Common Stock Sale $14,267 -100 -0.05% $142.67 184,909 01 Aug 2024 Direct F2
transaction CVNA Class A Common Stock Sale $173,340 -1,200 -0.65% $144.45 183,709 01 Aug 2024 Direct F2, F4
transaction CVNA Class A Common Stock Sale $131,058 -900 -0.49% $145.62 182,809 01 Aug 2024 Direct F2, F5
transaction CVNA Class A Common Stock Sale $146,740 -1,000 -0.55% $146.74 181,809 01 Aug 2024 Direct F2, F6
transaction CVNA Class A Common Stock Sale $58,972 -400 -0.22% $147.43 181,409 01 Aug 2024 Direct F2, F7
transaction CVNA Class A Common Stock Sale $45,075 -300 -0.17% $150.25 181,109 01 Aug 2024 Direct F2, F8
transaction CVNA Class A Common Stock Sale $30,246 -200 -0.11% $151.23 180,909 01 Aug 2024 Direct F2, F9
transaction CVNA Class A Common Stock Sale $45,699 -300 -0.17% $152.33 180,609 01 Aug 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.