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

Reporting relationship: Chief Operating Officer
Issuer ticker: CVNA
Reported as of: 01 Nov 2025
Net transaction value: -$3,519,003
SEC form: 4
Accepted by SEC: 04 Nov 2025, 17:49:45 UTC
Prior SEC filing: 02 Oct 2025
Next SEC filing: 02 Dec 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 04 Nov 2025.

Key facts

This page summarizes Benjamin E. Huston's Form 4 filing for CARVANA CO. (CVNA).
27 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 04 Nov 2025, 17:49.

Change

Previous filing in this sequence was filed on 02 Oct 2025.
Current net transaction value: -$3,519,003.

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: 04 Nov 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: $373,979
Shares: -1,220
Change %: -1.2%
Price: $306.54
Shares after: 101,977
Date: 01 Nov 2025
Ownership: Direct
Footnotes: F1

CVNA transaction

Class A Common Stock

Options Exercise

Transaction value: $100,700
Shares: +10,000
Change %: +9.8%
Price: $10.07
Shares after: 111,977
Date: 03 Nov 2025
Ownership: Direct
Footnotes: F2

CVNA transaction

Class A Common Stock

Sale

Transaction value: $24,340
Shares: -80
Change %: -0.07%
Price: $304.25
Shares after: 111,897
Date: 03 Nov 2025
Ownership: Direct
Footnotes: F2, F3, F4

CVNA transaction

Class A Common Stock

Sale

Transaction value: $12,253
Shares: -40
Change %: -0.04%
Price: $306.33
Shares after: 111,857
Date: 03 Nov 2025
Ownership: Direct
Footnotes: F2, F3

CVNA transaction

Class A Common Stock

Sale

Transaction value: $66,977
Shares: -217
Change %: -0.19%
Price: $308.65
Shares after: 111,640
Date: 03 Nov 2025
Ownership: Direct
Footnotes: F2, F3, F5

CVNA transaction

Class A Common Stock

Sale

Transaction value: $99,226
Shares: -320
Change %: -0.29%
Price: $310.08
Shares after: 111,320
Date: 03 Nov 2025
Ownership: Direct
Footnotes: F2, F3, F6

CVNA transaction

Class A Common Stock

Sale

Transaction value: $101,415
Shares: -326
Change %: -0.29%
Price: $311.09
Shares after: 110,994
Date: 03 Nov 2025
Ownership: Direct
Footnotes: F2, F3, F7

CVNA transaction

Class A Common Stock

Sale

Transaction value: $134,631
Shares: -431
Change %: -0.39%
Price: $312.37
Shares after: 110,563
Date: 03 Nov 2025
Ownership: Direct
Footnotes: F2, F3, F8

CVNA transaction

Class A Common Stock

Sale

Transaction value: $62,616
Shares: -200
Change %: -0.18%
Price: $313.08
Shares after: 110,363
Date: 03 Nov 2025
Ownership: Direct
Footnotes: F2, F3, F9

CVNA transaction

Class A Common Stock

Sale

Transaction value: $50,320
Shares: -160
Change %: -0.14%
Price: $314.50
Shares after: 110,203
Date: 03 Nov 2025
Ownership: Direct
Footnotes: F2, F3, F10

CVNA transaction

Class A Common Stock

Sale

Transaction value: $82,737
Shares: -262
Change %: -0.24%
Price: $315.79
Shares after: 109,941
Date: 03 Nov 2025
Ownership: Direct
Footnotes: F2, F3, F11

CVNA transaction

Class A Common Stock

Sale

Transaction value: $50,691
Shares: -160
Change %: -0.15%
Price: $316.82
Shares after: 109,781
Date: 03 Nov 2025
Ownership: Direct
Footnotes: F2, F3, F12

CVNA transaction

Class A Common Stock

Sale

Transaction value: $63,584
Shares: -200
Change %: -0.18%
Price: $317.92
Shares after: 109,581
Date: 03 Nov 2025
Ownership: Direct
Footnotes: F2, F3, F13

CVNA transaction

Class A Common Stock

Sale

Transaction value: $102,515
Shares: -320
Change %: -0.29%
Price: $320.36
Shares after: 109,261
Date: 03 Nov 2025
Ownership: Direct
Footnotes: F2, F3, F14

CVNA transaction

Class A Common Stock

Sale

Transaction value: $25,692
Shares: -80
Change %: -0.07%
Price: $321.15
Shares after: 109,181
Date: 03 Nov 2025
Ownership: Direct
Footnotes: F2, F3, F15

CVNA transaction

Class A Common Stock

Sale

Transaction value: $38,858
Shares: -120
Change %: -0.11%
Price: $323.82
Shares after: 109,061
Date: 03 Nov 2025
Ownership: Direct
Footnotes: F2, F3, F16

CVNA transaction

Class A Common Stock

Sale

Transaction value: $129,908
Shares: -400
Change %: -0.37%
Price: $324.77
Shares after: 108,661
Date: 03 Nov 2025
Ownership: Direct
Footnotes: F2, F3, F17

CVNA transaction

Class A Common Stock

Sale

Transaction value: $260,926
Shares: -801
Change %: -0.74%
Price: $325.75
Shares after: 107,860
Date: 03 Nov 2025
Ownership: Direct
Footnotes: F2, F3, F18

CVNA transaction

Class A Common Stock

Sale

Transaction value: $445,006
Shares: -1,362
Change %: -1.3%
Price: $326.73
Shares after: 106,498
Date: 03 Nov 2025
Ownership: Direct
Footnotes: F2, F3, F19

CVNA transaction

Class A Common Stock

Sale

Transaction value: $278,647
Shares: -850
Change %: -0.8%
Price: $327.82
Shares after: 105,648
Date: 03 Nov 2025
Ownership: Direct
Footnotes: F2, F3, F20

CVNA transaction

Class A Common Stock

Sale

Transaction value: $259,689
Shares: -790
Change %: -0.75%
Price: $328.72
Shares after: 104,858
Date: 03 Nov 2025
Ownership: Direct
Footnotes: F2, F3, F21

CVNA transaction

Class A Common Stock

Sale

Transaction value: $409,113
Shares: -1,240
Change %: -1.2%
Price: $329.93
Shares after: 103,618
Date: 03 Nov 2025
Ownership: Direct
Footnotes: F2, F3, F22

CVNA transaction

Class A Common Stock

Sale

Transaction value: $92,694
Shares: -280
Change %: -0.27%
Price: $331.05
Shares after: 103,338
Date: 03 Nov 2025
Ownership: Direct
Footnotes: F2, F3, F23

CVNA transaction

Class A Common Stock

Sale

Transaction value: $74,752
Shares: -225
Change %: -0.22%
Price: $332.23
Shares after: 103,113
Date: 03 Nov 2025
Ownership: Direct
Footnotes: F2, F3, F24

CVNA transaction

Class A Common Stock

Sale

Transaction value: $338,988
Shares: -1,016
Change %: -0.99%
Price: $333.65
Shares after: 102,097
Date: 03 Nov 2025
Ownership: Direct
Footnotes: F2, F3, F25

CVNA transaction

Class A Common Stock

Sale

Transaction value: $40,145
Shares: -120
Change %: -0.12%
Price: $334.54
Shares after: 101,977
Date: 03 Nov 2025
Ownership: Direct
Footnotes: F2, F3, F26

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: 418,513
Date: 03 Nov 2025
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 10,000
Exercise price: $10.07
Footnotes: F2, F27

^* 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 27 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 $303.98 to $304.51, inclusive.

Footnote F5

This transaction was executed in multiple trades at prices ranging from $308.00 to $308.82, inclusive.

Footnote F6

This transaction was executed in multiple trades at prices ranging from $309.69 to $310.65, inclusive.

Footnote F7

This transaction was executed in multiple trades at prices ranging from $310.72 to $311.30, inclusive.

Footnote F8

This transaction was executed in multiple trades at prices ranging from $311.92 to $312.80, inclusive.

Footnote F9

This transaction was executed in multiple trades at prices ranging from $312.97 to $313.15, inclusive.

Footnote F10

This transaction was executed in multiple trades at prices ranging from $314.01 to $314.95, inclusive.

Footnote F11

This transaction was executed in multiple trades at prices ranging from $315.33 to $316.28, inclusive.

Footnote F12

This transaction was executed in multiple trades at prices ranging from $316.38 to $317.22, inclusive.

Footnote F13

This transaction was executed in multiple trades at prices ranging from $317.39 to $318.38, inclusive.

Footnote F14

This transaction was executed in multiple trades at prices ranging from $319.84 to $320.78, inclusive.

Footnote F15

This transaction was executed in multiple trades at prices ranging from $321.09 to $321.20, inclusive.

Footnote F16

This transaction was executed in multiple trades at prices ranging from $323.18 to $324.17, inclusive.

Footnote F17

This transaction was executed in multiple trades at prices ranging from $324.18 to $325.15, inclusive.

Footnote F18

This transaction was executed in multiple trades at prices ranging from $325.18 to $326.15, inclusive.

Footnote F19

This transaction was executed in multiple trades at prices ranging from $326.21 to $327.19, inclusive.

Footnote F20

This transaction was executed in multiple trades at prices ranging from $327.27 to $328.26 inclusive.

Footnote F21

This transaction was executed in multiple trades at prices ranging from $328.27 to $329.16, inclusive.

Footnote F22

This transaction was executed in multiple trades at prices ranging from $329.48 to $330.24, inclusive.

Footnote F23

This transaction was executed in multiple trades at prices ranging from $330.71 to $331.45 inclusive.

Footnote F24

This transaction was executed in multiple trades at prices ranging from $331.75 to $332.73, inclusive.

Footnote F25

This transaction was executed in multiple trades at prices ranging from $333.12 to $334.10, inclusive.

Footnote F26

This transaction was executed in multiple trades at prices ranging from $334.47 to $334.67, inclusive.

Footnote F27

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.