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

Reporting relationship: Chief Operating Officer
Issuer ticker: CVNA
Reported as of: 01 Oct 2025
Net transaction value: -$4,274,029
SEC form: 4
Accepted by SEC: 02 Oct 2025, 18:11:52 UTC
Prior SEC filing: 03 Sep 2025
Next SEC filing: 04 Nov 2025
Source filing: View source filing
Reporting owner signature: /s/ Paul Breaux, by Power of Attorney for Benjamin E. Huston

Key filing fact

Benjamin E. Huston filed Form 4 for CARVANA CO. (CVNA) on 02 Oct 2025.

Key facts

This page summarizes Benjamin E. Huston's Form 4 filing for CARVANA CO. (CVNA).
18 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 02 Oct 2025, 18:11.

Change

Previous filing in this sequence was filed on 03 Sep 2025.
Current net transaction value: -$4,274,029.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001700537 Primary reporting owner

HUSTON BENJAMIN E.

Relationship: Chief Operating Officer
Address: C/O CARVANA CO., 300 E. RIO SALADO PARKWAY, TEMPE
Signature: /s/ Paul Breaux, by Power of Attorney for Benjamin E. Huston
Signature date: 02 Oct 2025

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

CVNA transaction

Class A Common Stock

Tax liability

Transaction value: $482,005
Shares: -1,219
Change %: -1.2%
Price: $395.41
Shares after: 103,197
Date: 01 Oct 2025
Ownership: Direct
Footnotes: F1

CVNA transaction

Class A Common Stock

Options Exercise

Transaction value: $100,700
Shares: +10,000
Change %: +9.7%
Price: $10.07
Shares after: 113,197
Date: 01 Oct 2025
Ownership: Direct
Footnotes: F2

CVNA transaction

Class A Common Stock

Sale

Transaction value: $151,988
Shares: -400
Change %: -0.35%
Price: $379.97
Shares after: 112,797
Date: 01 Oct 2025
Ownership: Direct
Footnotes: F2, F3, F4

CVNA transaction

Class A Common Stock

Sale

Transaction value: $76,268
Shares: -200
Change %: -0.18%
Price: $381.34
Shares after: 112,597
Date: 01 Oct 2025
Ownership: Direct
Footnotes: F2, F3, F5

CVNA transaction

Class A Common Stock

Sale

Transaction value: $119,443
Shares: -312
Change %: -0.28%
Price: $382.83
Shares after: 112,285
Date: 01 Oct 2025
Ownership: Direct
Footnotes: F2, F3, F6

CVNA transaction

Class A Common Stock

Sale

Transaction value: $302,821
Shares: -788
Change %: -0.7%
Price: $384.29
Shares after: 111,497
Date: 01 Oct 2025
Ownership: Direct
Footnotes: F2, F3, F7

CVNA transaction

Class A Common Stock

Sale

Transaction value: $322,446
Shares: -837
Change %: -0.75%
Price: $385.24
Shares after: 110,660
Date: 01 Oct 2025
Ownership: Direct
Footnotes: F2, F3, F8

CVNA transaction

Class A Common Stock

Sale

Transaction value: $347,679
Shares: -900
Change %: -0.81%
Price: $386.31
Shares after: 109,760
Date: 01 Oct 2025
Ownership: Direct
Footnotes: F2, F3, F9

CVNA transaction

Class A Common Stock

Sale

Transaction value: $309,768
Shares: -800
Change %: -0.73%
Price: $387.21
Shares after: 108,960
Date: 01 Oct 2025
Ownership: Direct
Footnotes: F2, F3, F10

CVNA transaction

Class A Common Stock

Sale

Transaction value: $194,275
Shares: -500
Change %: -0.46%
Price: $388.55
Shares after: 108,460
Date: 01 Oct 2025
Ownership: Direct
Footnotes: F2, F3, F11

CVNA transaction

Class A Common Stock

Sale

Transaction value: $383,127
Shares: -982
Change %: -0.91%
Price: $390.15
Shares after: 107,478
Date: 01 Oct 2025
Ownership: Direct
Footnotes: F2, F3, F12

CVNA transaction

Class A Common Stock

Sale

Transaction value: $346,782
Shares: -887
Change %: -0.83%
Price: $390.96
Shares after: 106,591
Date: 01 Oct 2025
Ownership: Direct
Footnotes: F2, F3, F13

CVNA transaction

Class A Common Stock

Sale

Transaction value: $274,505
Shares: -700
Change %: -0.66%
Price: $392.15
Shares after: 105,891
Date: 01 Oct 2025
Ownership: Direct
Footnotes: F2, F3, F14

CVNA transaction

Class A Common Stock

Sale

Transaction value: $227,472
Shares: -578
Change %: -0.55%
Price: $393.55
Shares after: 105,313
Date: 01 Oct 2025
Ownership: Direct
Footnotes: F2, F3, F15

CVNA transaction

Class A Common Stock

Sale

Transaction value: $315,584
Shares: -800
Change %: -0.76%
Price: $394.48
Shares after: 104,513
Date: 01 Oct 2025
Ownership: Direct
Footnotes: F2, F3, F16

CVNA transaction

Class A Common Stock

Sale

Transaction value: $480,892
Shares: -1,216
Change %: -1.2%
Price: $395.47
Shares after: 103,297
Date: 01 Oct 2025
Ownership: Direct
Footnotes: F2, F3, F17

CVNA transaction

Class A Common Stock

Sale

Transaction value: $39,676
Shares: -100
Change %: -0.1%
Price: $396.76
Shares after: 103,197
Date: 01 Oct 2025
Ownership: Direct
Footnotes: F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

CVNA transaction Derivative

Stock Options (Right to Buy)

Options Exercise

Transaction value: $0
Shares: -10,000
Change %: -2.3%
Price: $0.000000
Shares after: 428,513
Date: 01 Oct 2025
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 10,000
Exercise price: $10.07
Footnotes: F2, F18

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 18 footnotes

Footnote 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.

Footnote 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").

Footnote 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.

Footnote F4

This transaction was executed in multiple trades at prices ranging from $379.67 to $380.38, inclusive.

Footnote F5

This transaction was executed in multiple trades at prices ranging from $381.11 to $381.56, inclusive.

Footnote F6

This transaction was executed in multiple trades at prices ranging from $382.62 to $383.46, inclusive.

Footnote F7

This transaction was executed in multiple trades at prices ranging from $383.71 to $384.67, inclusive.

Footnote F8

This transaction was executed in multiple trades at prices ranging from $384.78 to $385.73, inclusive.

Footnote F9

This transaction was executed in multiple trades at prices ranging from $385.86 to $386.73, inclusive.

Footnote F10

This transaction was executed in multiple trades at prices ranging from $386.88 to $387.75, inclusive.

Footnote F11

This transaction was executed in multiple trades at prices ranging from $388.31 to $389.11, inclusive.

Footnote F12

This transaction was executed in multiple trades at prices ranging from $389.63 to $390.62, inclusive.

Footnote F13

This transaction was executed in multiple trades at prices ranging from $390.63 to $391.60, inclusive.

Footnote F14

This transaction was executed in multiple trades at prices ranging from $391.69 to $392.60, inclusive.

Footnote F15

This transaction was executed in multiple trades at prices ranging from $392.94 to $393.84, inclusive.

Footnote F16

This transaction was executed in multiple trades at prices ranging from $393.97 to $394.93, inclusive.

Footnote F17

This transaction was executed in multiple trades at prices ranging from $395.13 to $395.81, inclusive.

Footnote 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.