Ernest C. Garcia III - 03 Jun 2025 Form 4 Insider Report for CARVANA CO. (CVNA)

Signature
/s/ Paul Breaux, by Power of Attorney for Ernest C. Garcia, III
Issuer symbol
CVNA
Transactions as of
03 Jun 2025
Net transactions value
-$5,682,478
Form type
4
Filing time
05 Jun 2025, 16:45:29 UTC
Previous filing
03 Jun 2025
Next filing
05 Jun 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
GARCIA ERNEST C. III Chief Executive Officer, Director, 10%+ Owner C/O CARVANA CO., 300 E. RIO SALADO PARKWAY, TEMPE /s/ Paul Breaux, by Power of Attorney for Ernest C. Garcia, III 05 Jun 2025 0001700548

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CVNA Class A Common Stock Sale $83,315 -250 -0.03% $333.26 789,750 03 Jun 2025 Ernest Irrevocable 2004 Trust III F1, F2, F3
transaction CVNA Class A Common Stock Sale $83,315 -250 -0.03% $333.26 889,750 03 Jun 2025 Ernest C. Garcia III Multi-Generational Trust III F1, F2, F4
transaction CVNA Class A Common Stock Sale $235,509 -704 -0.09% $334.53 789,046 03 Jun 2025 Ernest Irrevocable 2004 Trust III F1, F3, F5
transaction CVNA Class A Common Stock Sale $235,509 -704 -0.08% $334.53 889,046 03 Jun 2025 Ernest C. Garcia III Multi-Generational Trust III F1, F4, F5
transaction CVNA Class A Common Stock Sale $93,177 -278 -0.04% $335.17 788,768 03 Jun 2025 Ernest Irrevocable 2004 Trust III F1, F3, F6
transaction CVNA Class A Common Stock Sale $92,981 -277 -0.03% $335.67 888,769 03 Jun 2025 Ernest C. Garcia III Multi-Generational Trust III F1, F4, F7
transaction CVNA Class A Common Stock Sale $174,126 -518 -0.07% $336.15 788,250 03 Jun 2025 Ernest Irrevocable 2004 Trust III F1, F3, F8
transaction CVNA Class A Common Stock Sale $174,794 -519 -0.06% $336.79 888,250 03 Jun 2025 Ernest C. Garcia III Multi-Generational Trust III F1, F4, F9
transaction CVNA Class A Common Stock Sale $151,929 -450 -0.06% $337.62 787,800 03 Jun 2025 Ernest Irrevocable 2004 Trust III F1, F3, F10
transaction CVNA Class A Common Stock Sale $151,929 -450 -0.05% $337.62 887,800 03 Jun 2025 Ernest C. Garcia III Multi-Generational Trust III F1, F4, F10
transaction CVNA Class A Common Stock Sale $304,740 -900 -0.11% $338.60 786,900 03 Jun 2025 Ernest Irrevocable 2004 Trust III F1, F3, F11
transaction CVNA Class A Common Stock Sale $304,740 -900 -0.1% $338.60 886,900 03 Jun 2025 Ernest C. Garcia III Multi-Generational Trust III F1, F4, F11
transaction CVNA Class A Common Stock Sale $611,136 -1,800 -0.23% $339.52 785,100 03 Jun 2025 Ernest Irrevocable 2004 Trust III F1, F3, F12
transaction CVNA Class A Common Stock Sale $611,136 -1,800 -0.2% $339.52 885,100 03 Jun 2025 Ernest C. Garcia III Multi-Generational Trust III F1, F4, F12
transaction CVNA Class A Common Stock Sale $34,036 -100 -0.01% $340.36 785,000 03 Jun 2025 Ernest Irrevocable 2004 Trust III F1, F3, F13
transaction CVNA Class A Common Stock Sale $34,036 -100 -0.01% $340.36 885,000 03 Jun 2025 Ernest C. Garcia III Multi-Generational Trust III F1, F4, F13
transaction CVNA Class A Common Stock Sale $86,998 -259 -0.03% $335.90 784,741 04 Jun 2025 Ernest Irrevocable 2004 Trust III F1, F3, F14
transaction CVNA Class A Common Stock Sale $86,998 -259 -0.03% $335.90 884,741 04 Jun 2025 Ernest C. Garcia III Multi-Generational Trust III F1, F4, F14
transaction CVNA Class A Common Stock Sale $90,618 -269 -0.03% $336.87 784,472 04 Jun 2025 Ernest Irrevocable 2004 Trust III F1, F3, F15
transaction CVNA Class A Common Stock Sale $90,407 -268 -0.03% $337.34 884,473 04 Jun 2025 Ernest C. Garcia III Multi-Generational Trust III F1, F4, F16
transaction CVNA Class A Common Stock Sale $203,989 -604 -0.08% $337.73 783,868 04 Jun 2025 Ernest Irrevocable 2004 Trust III F1, F3, F17
transaction CVNA Class A Common Stock Sale $204,569 -605 -0.07% $338.13 883,868 04 Jun 2025 Ernest C. Garcia III Multi-Generational Trust III F1, F4, F18
transaction CVNA Class A Common Stock Sale $428,949 -1,265 -0.16% $339.09 782,603 04 Jun 2025 Ernest Irrevocable 2004 Trust III F1, F3, F19
transaction CVNA Class A Common Stock Sale $428,949 -1,265 -0.14% $339.09 882,603 04 Jun 2025 Ernest C. Garcia III Multi-Generational Trust III F1, F4, F19
transaction CVNA Class A Common Stock Sale $199,533 -587 -0.08% $339.92 782,016 04 Jun 2025 Ernest Irrevocable 2004 Trust III F1, F3, F20
transaction CVNA Class A Common Stock Sale $199,533 -587 -0.07% $339.92 882,016 04 Jun 2025 Ernest C. Garcia III Multi-Generational Trust III F1, F4, F20
transaction CVNA Class A Common Stock Sale $77,757 -228 -0.03% $341.04 781,788 04 Jun 2025 Ernest Irrevocable 2004 Trust III F1, F3, F21
transaction CVNA Class A Common Stock Sale $77,757 -228 -0.03% $341.04 881,788 04 Jun 2025 Ernest C. Garcia III Multi-Generational Trust III F1, F4, F21
transaction CVNA Class A Common Stock Sale $65,007 -190 -0.02% $342.14 781,598 04 Jun 2025 Ernest Irrevocable 2004 Trust III F1, F3, F22
transaction CVNA Class A Common Stock Sale $65,007 -190 -0.02% $342.14 881,598 04 Jun 2025 Ernest C. Garcia III Multi-Generational Trust III F1, F4, F22
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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).

Explanation of Responses:

Id Content
F1 The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 13, 2024.
F2 This transaction was executed in multiple trades at prices ranging from $332.88 to $333.85, 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.
F3 These shares of Class A Common Stock are held directly by the Ernest Irrevocable 2004 Trust III (the "Irrevocable Trust"). The Reporting Person is the Investment Trustee and Co-Administrative Trustee of the Irrevocable Trust.
F4 These shares of Class A Common Stock are held directly by the Ernest C. Garcia III Multi-Generational Trust III (the "Multi-Generational Trust"). The Reporting Person is the Investment Trustee and Co-Administrative Trustee of the Multi-Generational Trust.
F5 This transaction was executed in multiple trades at prices ranging from $333.96 to $334.94 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 $335.00 to $335.32 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 $335.32 to $335.88 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 $336.02 to $336.24 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 $336.24 to $337.01 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 $337.11 to $338.07 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 $338.13 to $339.13 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.
F12 This transaction was executed in multiple trades at prices ranging from $339.15 to $339.99 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.
F13 This transaction was executed in multiple trades at prices ranging from $340.31 to $340.42 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.
F14 This transaction was executed in multiple trades at prices ranging from $335.45 to $336.43, 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.
F15 This transaction was executed in multiple trades at prices ranging from $336.50 to $337.06, 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.
F16 This transaction was executed in multiple trades at prices ranging from $337.06 to $337.47, 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 $337.52 to $337.89, 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.
F18 This transaction was executed in multiple trades at prices ranging from $337.89 to $338.52, 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.
F19 This transaction was executed in multiple trades at prices ranging from $338.53 to $339.52, 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.
F20 This transaction was executed in multiple trades at prices ranging from $339.54 to $340.52, 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.
F21 This transaction was executed in multiple trades at prices ranging from $340.55 to $341.42, 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.
F22 This transaction was executed in multiple trades at prices ranging from $341.57 to $342.55, 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.