Key facts
- This page summarizes Benjamin E. Huston's Form 4 filing for CARVANA CO. (CVNA).
- 5 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 09 Apr 2025, 18:30.
Benjamin E. Huston - 07 Apr 2025 Form 4 Insider Report for CARVANA CO. (CVNA)
- Reporting relationship
- Chief Operating Officer
- Issuer ticker
- CVNA
- Reported as of
- 07 Apr 2025
- Net transaction value
- -$7,544,779
- SEC form
- 4
- Accepted by SEC
- 09 Apr 2025, 18:30:50 UTC
- Prior SEC filing
- 02 Apr 2025
- Next SEC filing
- 05 May 2025
- Source filing
- View source filing
- Reporting owner signature
- /s/ Paul Breaux, by Power of Attorney for Benjamin E. Huston
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Benjamin E. Huston filed Form 4 for CARVANA CO. (CVNA) on 09 Apr 2025.
Change
- Previous filing in this sequence was filed on 02 Apr 2025.
- Current net transaction value: -$7,544,779.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
CVNA
transaction
Class A Common Stock
Sale
- Transaction value
- $4,887,423
- Shares
- -32,494
- Change %
- -19%
- Price
- $150.41
- Shares after
- 141,309
- Date
- 07 Apr 2025
- Ownership
- Direct
- Footnotes
- F1, F2
CVNA
transaction
Class A Common Stock
Sale
- Transaction value
- $1,347,834
- Shares
- -8,906
- Change %
- -6.3%
- Price
- $151.34
- Shares after
- 132,403
- Date
- 07 Apr 2025
- Ownership
- Direct
- Footnotes
- F1, F3
CVNA
transaction
Class A Common Stock
Sale
- Transaction value
- $1,309,522
- Shares
- -8,600
- Change %
- -6.5%
- Price
- $152.27
- Shares after
- 123,803
- Date
- 07 Apr 2025
- Ownership
- Direct
- Footnotes
- F1, F4
CVNA
transaction
Class A Common Stock
Conversion of derivative security
- Transaction value
- $0
- Shares
- +26,710
- Change %
- +22%
- Price
- $0.000000
- Shares after
- 150,513
- Date
- 09 Apr 2025
- Ownership
- Direct
- Footnotes
- F1, F5, F6
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
CVNA
transaction
Derivative
Class B Units
Conversion of derivative security
- Transaction value
- $0
- Shares
- -33,388
- Change %
- -37%
- Price
- $0.000000
- Shares after
- 58,061
- Date
- 09 Apr 2025
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 26,710
- Exercise price
- $0.000000
- Footnotes
- F1, F5, F6
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Rule 10b5-1 trading plan
These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.
Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).
Explanation of responses 6 footnotes
Footnote F1
The reported unit conversions and sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 13, 2024 (the "10b5-1 Plan").
Footnote F2
This transaction was executed in multiple trades at prices ranging from $150.00 to $150.99, 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.
Footnote F3
This transaction was executed in multiple trades at prices ranging from $151.00 to $151.89, 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.
Footnote F4
This transaction was executed in multiple trades at prices ranging from $152.13 to $152.48, 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.
Footnote F5
Mr. Huston was granted 1,000,000 Class B common units ("Class B Units") of Carvana Group, LLC ("Carvana Group") on March 24, 2015 with a participation threshold of $0.00; 250,000 vested on the grant date and 16,667 vest on the first of each month thereafter.
Footnote F6
Pursuant to an exchange agreement among the Issuer and certain common unit holders of Carvana Group, LLC, dated April 27, 2017 (the "Exchange Agreement"), holders of Class B Units may exchange their Class B Units for a number of shares of the Issuer's Class A Common Stock equal to the Class A Common Stock Value less the Adjusted Participation Threshold (as each term is defined in the Exchange Agreement) multiplied by 0.8 times the number of Class B Units being exchanged, divided by the Class A Common Stock Value.