Ernest C. Garcia III - 08 Jul 2025 Form 4/A - Amendment 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
08 Jul 2025
Net transactions value
-$3,453,874
Form type
4/A - Amendment
Filing time
10 Jul 2025, 18:56:06 UTC
Date Of Original Report
10 Jul 2025
Previous filing
08 Jul 2025
Next filing
14 Jul 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 10 Jul 2025 0001700548

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CVNA Class A Common Stock Sale $32,969 -96 -0.01% $343.43 681,344 08 Jul 2025 Ernest Irrevocable 2004 Trust III F1, F2
transaction CVNA Class A Common Stock Sale $32,972 -96 -0.01% $343.46 781,344 08 Jul 2025 Ernest C. Garcia III Multi-Generational Trust III F1, F3
transaction CVNA Class A Common Stock Sale $493,491 -1,429 -0.21% $345.34 679,915 08 Jul 2025 Ernest Irrevocable 2004 Trust III F1, F2, F4
transaction CVNA Class A Common Stock Sale $493,491 -1,429 -0.18% $345.34 779,915 08 Jul 2025 Ernest C. Garcia III Multi-Generational Trust III F1, F3, F4
transaction CVNA Class A Common Stock Sale $360,142 -1,040 -0.15% $346.29 678,875 08 Jul 2025 Ernest Irrevocable 2004 Trust III F1, F2, F5
transaction CVNA Class A Common Stock Sale $360,142 -1,040 -0.13% $346.29 778,875 08 Jul 2025 Ernest C. Garcia III Multi-Generational Trust III F1, F3, F5
transaction CVNA Class A Common Stock Sale $187,547 -540 -0.08% $347.31 678,335 08 Jul 2025 Ernest Irrevocable 2004 Trust III F1, F2, F6
transaction CVNA Class A Common Stock Sale $187,547 -540 -0.07% $347.31 778,335 08 Jul 2025 Ernest C. Garcia III Multi-Generational Trust III F1, F3, F6
transaction CVNA Class A Common Stock Sale $103,862 -298 -0.04% $348.53 678,037 08 Jul 2025 Ernest Irrevocable 2004 Trust III F1, F2, F7
transaction CVNA Class A Common Stock Sale $103,862 -298 -0.04% $348.53 778,037 08 Jul 2025 Ernest C. Garcia III Multi-Generational Trust III F1, F3, F7
transaction CVNA Class A Common Stock Sale $155,378 -444 -0.07% $349.95 677,593 08 Jul 2025 Ernest Irrevocable 2004 Trust III F1, F2, F8
transaction CVNA Class A Common Stock Sale $155,378 -444 -0.06% $349.95 777,593 08 Jul 2025 Ernest C. Garcia III Multi-Generational Trust III F1, F3, F8
transaction CVNA Class A Common Stock Sale $36,508 -104 -0.02% $351.04 677,489 08 Jul 2025 Ernest Irrevocable 2004 Trust III F1, F2, F9
transaction CVNA Class A Common Stock Sale $36,212 -103 -0.01% $351.57 777,490 08 Jul 2025 Ernest C. Garcia III Multi-Generational Trust III F1, F3, F10
transaction CVNA Class A Common Stock Sale $17,953 -51 -0.01% $352.01 677,438 08 Jul 2025 Ernest Irrevocable 2004 Trust III F1, F2, F11
transaction CVNA Class A Common Stock Sale $17,953 -51 -0.01% $352.01 777,439 08 Jul 2025 Ernest C. Garcia III Multi-Generational Trust III F1, F3, F11
transaction CVNA Class A Common Stock Sale $30,740 -87 -0.01% $353.33 677,351 08 Jul 2025 Ernest Irrevocable 2004 Trust III F1, F2, F12
transaction CVNA Class A Common Stock Sale $31,168 -88 -0.01% $354.18 777,351 08 Jul 2025 Ernest C. Garcia III Multi-Generational Trust III F1, F3
transaction CVNA Class A Common Stock Sale $47,883 -135 -0.02% $354.69 677,216 08 Jul 2025 Ernest Irrevocable 2004 Trust III F1, F2, F13
transaction CVNA Class A Common Stock Sale $47,883 -135 -0.02% $354.69 777,216 08 Jul 2025 Ernest C. Garcia III Multi-Generational Trust III F1, F3, F13
transaction CVNA Class A Common Stock Sale $70,557 -198 -0.03% $356.35 677,018 08 Jul 2025 Ernest Irrevocable 2004 Trust III F1, F2, F14
transaction CVNA Class A Common Stock Sale $70,557 -198 -0.03% $356.35 777,018 08 Jul 2025 Ernest C. Garcia III Multi-Generational Trust III F1, F3, F14
transaction CVNA Class A Common Stock Sale $109,380 -306 -0.05% $357.45 676,712 08 Jul 2025 Ernest Irrevocable 2004 Trust III F1, F2, F15
transaction CVNA Class A Common Stock Sale $109,380 -306 -0.04% $357.45 776,712 08 Jul 2025 Ernest C. Garcia III Multi-Generational Trust III F1, F3, F15
transaction CVNA Class A Common Stock Sale $35,807 -100 -0.01% $358.07 676,612 08 Jul 2025 Ernest Irrevocable 2004 Trust III F1, F2
transaction CVNA Class A Common Stock Sale $35,901 -100 -0.01% $359.01 776,612 08 Jul 2025 Ernest C. Garcia III Multi-Generational Trust III F1, F3
transaction CVNA Class A Common Stock Sale $44,607 -124 -0.02% $359.73 676,488 08 Jul 2025 Ernest Irrevocable 2004 Trust III F1, F2, F16, F17
transaction CVNA Class A Common Stock Sale $44,607 -124 -0.02% $359.73 776,488 08 Jul 2025 Ernest C. Garcia III Multi-Generational Trust III F1, F3, F16, F17
holding CVNA Class A Common Stock 924,384 08 Jul 2025 Direct
* 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 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.
F3 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.
F4 This transaction was executed in multiple trades at prices ranging from $344.81 to $345.79 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 $345.84 to $346.80, 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.
F6 This transaction was executed in multiple trades at prices ranging from $346.99 to $347.82 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 $348.26 to $348.99 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.
F8 This transaction was executed in multiple trades at prices ranging from $349.48 to $350.44, 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 $350.86 to $351.30 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.
F10 This transaction was executed in multiple trades at prices ranging from $351.30 to $351.59 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 $352.00 to $352.50, 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 $353.19 to $354.18, 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.
F13 This transaction was executed in multiple trades at prices ranging from $354.20 to $355.15, 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 $355.90 to $356.81, 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 $357.04 to $358.01, 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.
F16 This amendment is being filed solely for the purpose of correcting the transaction date to July 8, but which was previously dated July 9 due to a scrivener's error.
F17 This transaction was executed in multiple trades at prices ranging from $359.36 to $360.03, 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.