| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | CVNA | Class A Common Stock | Tax liability | -$253K | -971 | -0.51% | $260.42 | 190K | Dec 1, 2024 | Direct | F1 |
| transaction | CVNA | Class A Common Stock | Options Exercise | $101K | +10K | +5.27% | $10.07 | 200K | Dec 2, 2024 | Direct | F2 |
| transaction | CVNA | Class A Common Stock | Sale | -$233K | -924 | -0.46% | $251.87 | 199K | Dec 2, 2024 | Direct | F2, F3 |
| transaction | CVNA | Class A Common Stock | Sale | -$279K | -1.1K | -0.55% | $253.24 | 198K | Dec 2, 2024 | Direct | F2, F4 |
| transaction | CVNA | Class A Common Stock | Sale | -$594K | -2.33K | -1.18% | $254.49 | 195K | Dec 2, 2024 | Direct | F2, F5 |
| transaction | CVNA | Class A Common Stock | Sale | -$854K | -3.34K | -1.71% | $255.42 | 192K | Dec 2, 2024 | Direct | F2, F6 |
| transaction | CVNA | Class A Common Stock | Sale | -$384K | -1.5K | -0.78% | $256.10 | 191K | Dec 2, 2024 | Direct | F2, F7 |
| transaction | CVNA | Class A Common Stock | Sale | -$77.2K | -300 | -0.16% | $257.29 | 190K | Dec 2, 2024 | Direct | F2, F8 |
| transaction | CVNA | Class A Common Stock | Sale | -$52.1K | -200 | -0.11% | $260.42 | 190K | Dec 2, 2024 | Direct | F2, F9 |
| transaction | CVNA | Class A Common Stock | Sale | -$78.4K | -300 | -0.16% | $261.20 | 190K | Dec 2, 2024 | Direct | F2, F10 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | CVNA | Stock Options (Right to Buy) | Options Exercise | $0 | -10K | -3.24% | $0.00 | 299K | Dec 2, 2024 | Class A Common Stock | 10K | $10.07 | Direct | F2, F11 |
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 | 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 option exercises and sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 5, 2024. |
| F3 | This transaction was executed in multiple trades at prices ranging from $251.55 to $252.33, 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 $252.71 to $253.53, 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 $253.78 to $254.74, 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 $254.84 to $255.83, 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 $255.86 to $256.55, 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 $257.02 to $257.83, 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 $259.97 to $260.86, 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 $261.09 to $261.43, 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. |
| F11 | The non-qualified stock options representing the right to purchase for the exercise price Class A Common Stock of the Issuer vested 25% on April 1, 2024 and monthly thereafter for the following three years, subject to the Reporting Person's continued service with the Issuer. |