| Name | Relationship | Address | Signature | Signature date | CIK |
|---|---|---|---|---|---|
| JENKINS MARK W. | Chief Financial Officer | C/O CARVANA CO., 300 E. RIO SALADO PKWY, TEMPE | /s/ Paul Breaux, by Power of Attorney for Mark W. Jenkins | 03 Jun 2025 | 0001700540 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | CVNA | Class A Common Stock | Sale | $6,502,600 | -20,000 | -9.4% | $325.13 | 193,459 | 30 May 2025 | Direct | F1, F2 |
| transaction | CVNA | Class A Common Stock | Sale | $10,249,022 | -31,380 | -16% | $326.61 | 162,079 | 30 May 2025 | Direct | F1, F3 |
| transaction | CVNA | Class A Common Stock | Options Exercise | $3,966,432 | +31,380 | +19% | $126.40 | 193,459 | 30 May 2025 | Direct | F1 |
| transaction | CVNA | Class A Common Stock | Tax liability | $399,135 | -1,220 | -0.63% | $327.16 | 192,239 | 01 Jun 2025 | Direct | F4 |
| transaction | CVNA | Class A Common Stock | Options Exercise | $100,700 | +10,000 | +5.2% | $10.07 | 202,239 | 02 Jun 2025 | Direct | F1 |
| transaction | CVNA | Class A Common Stock | Options Exercise | $84,060 | +2,000 | +0.99% | $42.03 | 204,239 | 02 Jun 2025 | Direct | F1 |
| transaction | CVNA | Class A Common Stock | Options Exercise | $38,978 | +750 | +0.37% | $51.97 | 204,989 | 02 Jun 2025 | Direct | F1 |
| transaction | CVNA | Class A Common Stock | Sale | $95,301 | -300 | -0.15% | $317.67 | 204,689 | 02 Jun 2025 | Direct | F1, F5 |
| transaction | CVNA | Class A Common Stock | Sale | $98,398 | -309 | -0.15% | $318.44 | 204,380 | 02 Jun 2025 | Direct | F1, F6 |
| transaction | CVNA | Class A Common Stock | Sale | $191,898 | -600 | -0.29% | $319.83 | 203,780 | 02 Jun 2025 | Direct | F1, F7 |
| transaction | CVNA | Class A Common Stock | Sale | $224,847 | -700 | -0.34% | $321.21 | 203,080 | 02 Jun 2025 | Direct | F1, F8 |
| transaction | CVNA | Class A Common Stock | Sale | $222,023 | -689 | -0.34% | $322.24 | 202,391 | 02 Jun 2025 | Direct | F1, F9 |
| transaction | CVNA | Class A Common Stock | Sale | $161,555 | -500 | -0.25% | $323.11 | 201,891 | 02 Jun 2025 | Direct | F1, F10 |
| transaction | CVNA | Class A Common Stock | Sale | $134,950 | -416 | -0.21% | $324.40 | 201,475 | 02 Jun 2025 | Direct | F1, F11 |
| transaction | CVNA | Class A Common Stock | Sale | $488,625 | -1,500 | -0.74% | $325.75 | 199,975 | 02 Jun 2025 | Direct | F1, F12 |
| transaction | CVNA | Class A Common Stock | Sale | $492,005 | -1,507 | -0.75% | $326.48 | 198,468 | 02 Jun 2025 | Direct | F1, F13 |
| transaction | CVNA | Class A Common Stock | Sale | $491,698 | -1,501 | -0.76% | $327.58 | 196,967 | 02 Jun 2025 | Direct | F1, F14 |
| transaction | CVNA | Class A Common Stock | Sale | $246,091 | -749 | -0.38% | $328.56 | 196,218 | 02 Jun 2025 | Direct | F1, F15 |
| transaction | CVNA | Class A Common Stock | Sale | $439,610 | -1,333 | -0.68% | $329.79 | 194,885 | 02 Jun 2025 | Direct | F1, F16 |
| transaction | CVNA | Class A Common Stock | Sale | $677,144 | -2,046 | -1% | $330.96 | 192,839 | 02 Jun 2025 | Direct | F1, F17 |
| transaction | CVNA | Class A Common Stock | Sale | $199,026 | -600 | -0.31% | $331.71 | 192,239 | 02 Jun 2025 | Direct | F1, F18 |
| transaction | CVNA | Class A Common Stock | Conversion of derivative security | $0 | +20,000 | +10% | $0.000000 | 212,239 | 03 Jun 2025 | Direct | F1, F19, F20 |
| 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 | -31,380 | -65% | $0.000000 | 17,208 | 30 May 2025 | Class A Common Stock | 31,380 | $126.40 | Direct | F1, F21 |
| transaction | CVNA | Stock Options (Right to Buy) | Options Exercise | $0 | -10,000 | -4% | $0.000000 | 238,513 | 02 Jun 2025 | Class A Common Stock | 10,000 | $10.07 | Direct | F1, F22 |
| transaction | CVNA | Stock Options (Right to Buy) | Options Exercise | $0 | -2,000 | -2.8% | $0.000000 | 68,703 | 02 Jun 2025 | Class A Common Stock | 2,000 | $42.03 | Direct | F1, F23 |
| transaction | CVNA | Stock Options (Right to Buy) | Options Exercise | $0 | -750 | -2.8% | $0.000000 | 26,096 | 02 Jun 2025 | Class A Common Stock | 750 | $51.97 | Direct | F1, F23 |
| transaction | CVNA | Class B Units | Conversion of derivative security | $124,296 | -25,481 | -58% | $4.88 | 18,326 | 03 Jun 2025 | Class A Common Stock | 20,000 | $4.88 | Direct | F1, F19, F20 |
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 option exercises, unit conversions and sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 5, 2024. |
| F2 | This transaction was executed in multiple trades at prices ranging from $325.00 to $325.75, 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. |
| F3 | This transaction was executed in multiple trades at prices ranging from $326.40 to $327.10 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 | 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. |
| F5 | This transaction was executed in multiple trades at prices ranging from $317.12 to $318.06 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 $318.16 to $318.63 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 $319.41 to $320.20 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 $320.69 to $321.52 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 $321.85 to $322.84 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 $322.86 to $323.30 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 $323.94 to $324.85 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 $325.04 to $326.03 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. |
| F13 | This transaction was executed in multiple trades at prices ranging from $326.11 to $326.80 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. |
| F14 | This transaction was executed in multiple trades at prices ranging from $327.18 to $328.13 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. |
| F15 | This transaction was executed in multiple trades at prices ranging from $328.20 to $329.18 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. |
| F16 | This transaction was executed in multiple trades at prices ranging from $329.31 to $330.27 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. |
| F17 | This transaction was executed in multiple trades at prices ranging from $330.37 to $331.33 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. |
| F18 | This transaction was executed in multiple trades at prices ranging from $331.55 to $331.90 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. |
| F19 | Mr. Jenkins was granted the 60,000 Class B Units on January 28, 2016 with a participation threshold of $4.878; 12,000 vested on March 1, 2016 and 1,000 vested on the first of each month thereafter. The Class B Units have no expiration date. |
| F20 | 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. |
| F21 | 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, 2023 and monthly thereafter for the following three years, subject to the Reporting Person's continued service with the Issuer. |
| F22 | 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. |
| F23 | 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, 2025 and monthly thereafter for the following three years, subject to the Reporting Person's continued service with the Issuer. |