Benjamin E. Huston - 01 Oct 2025 Form 4 Insider Report for CARVANA CO. (CVNA)

Role
Chief Operating Officer
Signature
/s/ Paul Breaux, by Power of Attorney for Benjamin E. Huston
Issuer symbol
CVNA
Transactions as of
01 Oct 2025
Transactions value $
-$4,274,029
Form type
4
Filing time
02 Oct 2025, 18:11:52
Previous filing
03 Sep 2025
Next filing
04 Nov 2025
SEC
View on sec.gov

Reporting Owners (1)

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 02 Oct 2025 0001700537

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CVNA Class A Common Stock Tax liability -$482K -1.22K -1.17% $395.41 103K 01 Oct 2025 Direct F1
transaction CVNA Class A Common Stock Options Exercise $101K +10K +9.69% $10.07 113K 01 Oct 2025 Direct F2
transaction CVNA Class A Common Stock Sale -$152K -400 -0.35% $379.97 113K 01 Oct 2025 Direct F2, F3, F4
transaction CVNA Class A Common Stock Sale -$76.3K -200 -0.18% $381.34 113K 01 Oct 2025 Direct F2, F3, F5
transaction CVNA Class A Common Stock Sale -$119K -312 -0.28% $382.83 112K 01 Oct 2025 Direct F2, F3, F6
transaction CVNA Class A Common Stock Sale -$303K -788 -0.7% $384.29 111K 01 Oct 2025 Direct F2, F3, F7
transaction CVNA Class A Common Stock Sale -$322K -837 -0.75% $385.24 111K 01 Oct 2025 Direct F2, F3, F8
transaction CVNA Class A Common Stock Sale -$348K -900 -0.81% $386.31 110K 01 Oct 2025 Direct F2, F3, F9
transaction CVNA Class A Common Stock Sale -$310K -800 -0.73% $387.21 109K 01 Oct 2025 Direct F2, F3, F10
transaction CVNA Class A Common Stock Sale -$194K -500 -0.46% $388.55 108K 01 Oct 2025 Direct F2, F3, F11
transaction CVNA Class A Common Stock Sale -$383K -982 -0.91% $390.15 107K 01 Oct 2025 Direct F2, F3, F12
transaction CVNA Class A Common Stock Sale -$347K -887 -0.83% $390.96 107K 01 Oct 2025 Direct F2, F3, F13
transaction CVNA Class A Common Stock Sale -$275K -700 -0.66% $392.15 106K 01 Oct 2025 Direct F2, F3, F14
transaction CVNA Class A Common Stock Sale -$227K -578 -0.55% $393.55 105K 01 Oct 2025 Direct F2, F3, F15
transaction CVNA Class A Common Stock Sale -$316K -800 -0.76% $394.48 105K 01 Oct 2025 Direct F2, F3, F16
transaction CVNA Class A Common Stock Sale -$481K -1.22K -1.16% $395.47 103K 01 Oct 2025 Direct F2, F3, F17
transaction CVNA Class A Common Stock Sale -$39.7K -100 -0.1% $396.76 103K 01 Oct 2025 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

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 -10K -2.28% $0.00 429K 01 Oct 2025 Class A Common Stock 10K $10.07 Direct F2, F18
* 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 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 option exercises 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 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 $379.67 to $380.38, inclusive.
F5 This transaction was executed in multiple trades at prices ranging from $381.11 to $381.56, inclusive.
F6 This transaction was executed in multiple trades at prices ranging from $382.62 to $383.46, inclusive.
F7 This transaction was executed in multiple trades at prices ranging from $383.71 to $384.67, inclusive.
F8 This transaction was executed in multiple trades at prices ranging from $384.78 to $385.73, inclusive.
F9 This transaction was executed in multiple trades at prices ranging from $385.86 to $386.73, inclusive.
F10 This transaction was executed in multiple trades at prices ranging from $386.88 to $387.75, inclusive.
F11 This transaction was executed in multiple trades at prices ranging from $388.31 to $389.11, inclusive.
F12 This transaction was executed in multiple trades at prices ranging from $389.63 to $390.62, inclusive.
F13 This transaction was executed in multiple trades at prices ranging from $390.63 to $391.60, inclusive.
F14 This transaction was executed in multiple trades at prices ranging from $391.69 to $392.60, inclusive.
F15 This transaction was executed in multiple trades at prices ranging from $392.94 to $393.84, inclusive.
F16 This transaction was executed in multiple trades at prices ranging from $393.97 to $394.93, inclusive.
F17 This transaction was executed in multiple trades at prices ranging from $395.13 to $395.81, inclusive.
F18 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.