| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | CVNA | Class A Common Stock | Sale | -$694K | -4.96K | -12.96% | $140.00 | 33.3K | Aug 13, 2024 | Direct | F1 |
| transaction | CVNA | Class A Common Stock | Sale | -$345K | -2.38K | -7.16% | $145.00 | 30.9K | Aug 13, 2024 | Direct | F1 |
| transaction | CVNA | Class A Common Stock | Sale | -$99.6K | -664 | -2.15% | $150.00 | 30.2K | Aug 15, 2024 | Direct | F1 |
| holding | CVNA | Class A Common Stock | 850 | Aug 13, 2024 | By Parents | ||||||
| holding | CVNA | Class A Common Stock | 65K | Aug 13, 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. |