| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | CVNA | Class A Common Stock | Sale | -$1.59M | -12.2K | -21.98% | $130.33 | 43.2K | Aug 8, 2024 | Direct | F1 |
| transaction | CVNA | Class A Common Stock | Sale | -$675K | -5K | -11.57% | $135.00 | 38.2K | Aug 9, 2024 | Direct | F1 |
| holding | CVNA | Class A Common Stock | 850 | Aug 8, 2024 | By Parents | ||||||
| holding | CVNA | Class A Common Stock | 65K | Aug 8, 2024 | By Trust | F2 |
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).
| Id | Content |
|---|---|
| F1 | The reported sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 9, 2024. |
| F2 | These Class A Shares are held directly by the Ira J. Platt Revocable Trust (the "Trust"). The Reporting Person is co-trustee of the Trust, and the Reporting Person's spouse is the primary beneficiary of the Trust. |