| 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 | 04 Aug 2025 | 0001700540 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | CVNA | Class A Common Stock | Options Exercise | $5,236,236 | +17,687 | +8.4% | $296.05 | 228,707 | 31 Jul 2025 | Direct | F1 |
| transaction | CVNA | Class A Common Stock | Sale | $4,943,548 | -12,556 | -5.5% | $393.72 | 216,151 | 31 Jul 2025 | Direct | F1 |
| transaction | CVNA | Class A Common Stock | Sale | $7,004,936 | -17,687 | -8.2% | $396.05 | 198,464 | 31 Jul 2025 | Direct | F1 |
| transaction | CVNA | Class A Common Stock | Sale | $119,766 | -300 | -0.15% | $399.22 | 198,164 | 31 Jul 2025 | Direct | F1, F2 |
| transaction | CVNA | Class A Common Stock | Sale | $2,857,600 | -7,144 | -3.6% | $400.00 | 191,020 | 31 Jul 2025 | Direct | F1 |
| transaction | CVNA | Class A Common Stock | Options Exercise | $100,700 | +10,000 | +5.2% | $10.07 | 201,020 | 01 Aug 2025 | Direct | F1 |
| transaction | CVNA | Class A Common Stock | Options Exercise | $84,060 | +2,000 | +0.99% | $42.03 | 203,020 | 01 Aug 2025 | Direct | F1 |
| transaction | CVNA | Class A Common Stock | Options Exercise | $38,978 | +750 | +0.37% | $51.97 | 203,770 | 01 Aug 2025 | Direct | F1 |
| transaction | CVNA | Class A Common Stock | Sale | $292,728 | -800 | -0.39% | $365.91 | 202,970 | 01 Aug 2025 | Direct | F1, F3 |
| transaction | CVNA | Class A Common Stock | Sale | $512,428 | -1,400 | -0.69% | $366.02 | 201,570 | 01 Aug 2025 | Direct | F1, F4 |
| transaction | CVNA | Class A Common Stock | Sale | $624,241 | -1,697 | -0.84% | $367.85 | 199,873 | 01 Aug 2025 | Direct | F1, F5 |
| transaction | CVNA | Class A Common Stock | Sale | $405,702 | -1,100 | -0.55% | $368.82 | 198,773 | 01 Aug 2025 | Direct | F1, F6 |
| transaction | CVNA | Class A Common Stock | Sale | $770,215 | -2,082 | -1% | $369.94 | 196,691 | 01 Aug 2025 | Direct | F1, F7 |
| transaction | CVNA | Class A Common Stock | Sale | $185,425 | -500 | -0.25% | $370.85 | 196,191 | 01 Aug 2025 | Direct | F1, F8 |
| transaction | CVNA | Class A Common Stock | Sale | $372,410 | -1,000 | -0.51% | $372.41 | 195,191 | 01 Aug 2025 | Direct | F1, F9 |
| transaction | CVNA | Class A Common Stock | Sale | $418,514 | -1,121 | -0.57% | $373.34 | 194,070 | 01 Aug 2025 | Direct | F1, F10 |
| transaction | CVNA | Class A Common Stock | Sale | $299,536 | -800 | -0.41% | $374.42 | 193,270 | 01 Aug 2025 | Direct | F1, F11 |
| transaction | CVNA | Class A Common Stock | Sale | $262,941 | -700 | -0.36% | $375.63 | 192,570 | 01 Aug 2025 | Direct | F1, F12 |
| transaction | CVNA | Class A Common Stock | Sale | $75,474 | -200 | -0.1% | $377.37 | 192,370 | 01 Aug 2025 | Direct | F1, F13 |
| transaction | CVNA | Class A Common Stock | Sale | $151,420 | -400 | -0.21% | $378.55 | 191,970 | 01 Aug 2025 | Direct | F1, F14 |
| transaction | CVNA | Class A Common Stock | Sale | $361,703 | -950 | -0.49% | $380.74 | 191,020 | 01 Aug 2025 | Direct | F1, F15 |
| transaction | CVNA | Class A Common Stock | Tax liability | $448,692 | -1,220 | -0.64% | $367.78 | 189,800 | 01 Aug 2025 | Direct | F16 |
| transaction | CVNA | Class A Common Stock | Conversion of derivative security | $0 | +20,000 | +11% | $0.000000 | 209,800 | 04 Aug 2025 | Direct | F1, F17, F18 |
| 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 | -17,687 | -100% | $0.000000 | 0 | 31 Jul 2025 | Class A Common Stock | 17,687 | $296.05 | Direct | F1, F19 |
| transaction | CVNA | Stock Options (Right to Buy) | Options Exercise | $0 | -10,000 | -4.4% | $0.000000 | 218,513 | 01 Aug 2025 | Class A Common Stock | 10,000 | $10.07 | Direct | F1, F20 |
| transaction | CVNA | Stock Options (Right to Buy) | Options Exercise | $0 | -2,000 | -3% | $0.000000 | 64,703 | 01 Aug 2025 | Class A Common Stock | 2,000 | $42.03 | Direct | F1, F21 |
| transaction | CVNA | Stock Options (Right to Buy) | Options Exercise | $0 | -750 | -3% | $0.000000 | 24,596 | 01 Aug 2025 | Class A Common Stock | 750 | $51.97 | Direct | F1, F21 |
| transaction | CVNA | Class B Units | Conversion of derivative security | $123,916 | -25,403 | -13% | $4.88 | 167,470 | 04 Aug 2025 | Class A Common Stock | 20,000 | $4.88 | Direct | F1, F17, F18 |
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 unit conversions, option exercises, 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 $399.00 to $399.43, 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. |
| F3 | This transaction was executed in multiple trades at prices ranging from $365.45 to $366.43, 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. |
| F4 | This transaction was executed in multiple trades at prices ranging from $366.47 to $367.32, 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. |
| F5 | This transaction was executed in multiple trades at prices ranging from $367.51 to $368.44, 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. |
| F6 | This transaction was executed in multiple trades at prices ranging from $368.52 to $369.27, 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. |
| F7 | This transaction was executed in multiple trades at prices ranging from $369.55 to $370.25, 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 $370.75 to $371.05, 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 $371.89 to $372.86, 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 $372.89 to $373.85, 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. |
| F11 | This transaction was executed in multiple trades at prices ranging from $374.06 to $374.86, 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 $375.26 to $376.14, 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 $377.08 to $377.66, 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 $378.32 to $378.80, 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. |
| F15 | This transaction was executed in multiple trades at prices ranging from $380.70 to $380.88, 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. |
| F16 | 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. |
| F17 | 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. |
| F18 | The Reporting Person was granted the 200,000 Class B Units on March 24, 2015 with a participation threshold of $4.878, 40,000 of which vested on March 1, 2016 and 3,333 of which vested on the first of each month thereafter. The Class B Units have no expiration date. |
| F19 | 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, 2022 and monthly thereafter for the following three years, subject to the Reporting Person's continued service with the Issuer. |
| F20 | 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. |
| 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, 2025 and monthly thereafter for the following three years, subject to the Reporting Person's continued service with the Issuer. |