Benjamin E. Huston - 08 Dec 2025 Form 4 Insider Report for CARVANA CO. (CVNA)

Reporting relationship: Chief Operating Officer
Issuer ticker: CVNA
Reported as of: 08 Dec 2025
Net transaction value: -$17,177,200
SEC form: 4
Accepted by SEC: 10 Dec 2025, 17:49:49 UTC
Prior SEC filing: 02 Dec 2025
Next SEC filing: 12 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 10 Dec 2025.

Key facts

This page summarizes Benjamin E. Huston's Form 4 filing for CARVANA CO. (CVNA).
4 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 10 Dec 2025, 17:49.

Change

Previous filing in this sequence was filed on 02 Dec 2025.
Current net transaction value: -$17,177,200.

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: 10 Dec 2025

Reported non-derivative transactions

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

CVNA transaction

Class A Common Stock

Options Exercise

Transaction value: $402,800
Shares: +40,000
Change %: +40%
Price: $10.07
Shares after: 140,758
Date: 08 Dec 2025
Ownership: Direct
Footnotes: F1

CVNA transaction

Class A Common Stock

Sale

Transaction value: $8,580,000
Shares: -20,000
Change %: -14%
Price: $429.00
Shares after: 120,758
Date: 08 Dec 2025
Ownership: Direct
Footnotes: F1

CVNA transaction

Class A Common Stock

Sale

Transaction value: $9,000,000
Shares: -20,000
Change %: -17%
Price: $450.00
Shares after: 100,758
Date: 08 Dec 2025
Ownership: Direct
Footnotes: F1

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: -40,000
Change %: -9.8%
Price: $0.000000
Shares after: 368,513
Date: 08 Dec 2025
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 40,000
Exercise price: $10.07
Footnotes: F1, F2

^* 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 2 footnotes

Footnote F1

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 F2

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.