| Name | Relationship | Address | Signature | Signature date | CIK |
|---|---|---|---|---|---|
| HUSTON BENJAMIN E. | Chief Operating Officer | C/O CARVANA CO., 300 E. RIO SALADO PARKWAY, TEMPE | /s/ Paul Breaux, by Power of Attorney for Benjamin E. Huston | 2025-05-05 | 0001700537 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | CVNA | Class A Common Stock | Tax liability | -$307K | -1.22K | -0.81% | $251.87 | 149K | 01 May 2025 | Direct | F1 |
| transaction | CVNA | Class A Common Stock | Sale | -$49.3K | -200 | -0.13% | $246.63 | 149K | 01 May 2025 | Direct | F2 |
| transaction | CVNA | Class A Common Stock | Sale | -$99.4K | -400 | -0.27% | $248.48 | 149K | 01 May 2025 | Direct | F2, F3 |
| transaction | CVNA | Class A Common Stock | Sale | -$75.1K | -300 | -0.2% | $250.19 | 148K | 01 May 2025 | Direct | F2, F4 |
| transaction | CVNA | Class A Common Stock | Sale | -$807K | -3.2K | -2.16% | $252.08 | 145K | 01 May 2025 | Direct | F2, F5 |
| transaction | CVNA | Class A Common Stock | Sale | -$531K | -2.1K | -1.44% | $252.95 | 143K | 01 May 2025 | Direct | F2, F6 |
| transaction | CVNA | Class A Common Stock | Sale | -$229K | -900 | -0.63% | $254.34 | 142K | 01 May 2025 | Direct | F2, F7 |
| transaction | CVNA | Class A Common Stock | Sale | -$307K | -1.2K | -0.84% | $255.43 | 141K | 01 May 2025 | Direct | F2, F8 |
| transaction | CVNA | Class A Common Stock | Sale | -$205K | -800 | -0.57% | $256.27 | 140K | 01 May 2025 | Direct | F2, F9 |
| transaction | CVNA | Class A Common Stock | Sale | -$103K | -400 | -0.29% | $257.54 | 140K | 01 May 2025 | Direct | F2, F10 |
| transaction | CVNA | Class A Common Stock | Sale | -$51.9K | -200 | -0.14% | $259.39 | 140K | 01 May 2025 | Direct | F2, F11 |
| transaction | CVNA | Class A Common Stock | Sale | -$78.7K | -300 | -0.21% | $262.18 | 139K | 01 May 2025 | Direct | F2, F12 |
| transaction | CVNA | Class A Common Stock | Conversion of derivative security | $0 | +10K | +7.18% | $0.00 | 149K | 05 May 2025 | Direct | F2, F13, F14 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | CVNA | Class B Units | Conversion of derivative security | $0 | -12.5K | -21.53% | $0.00 | 45.6K | 05 May 2025 | Class A Common Stock | 10K | $0.00 | Direct | F2, F13, F14 |
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 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"). |
| F3 | This transaction was executed in multiple trades at prices ranging from $248.05 to $248.96, 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 $250.05 to $250.33, 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. |
| F5 | This transaction was executed in multiple trades at prices ranging from $251.59 to $252.57, 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 $252.61 to $253.58, 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. |
| F7 | This transaction was executed in multiple trades at prices ranging from $253.85 to $254.78, 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 $254.97 to $255.91, 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 $255.98 to $256.80, 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 $257.14 to $258.03, 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 | This transaction was executed in multiple trades at prices ranging from $259.10 to $259.67, 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. |
| F12 | This transaction was executed in multiple trades at prices ranging from $262.03 to $262.42, 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. |
| F13 | 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. |
| F14 | 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. |