Benjamin E. Huston - 01 Jan 2026 Form 4 Insider Report for CARVANA CO. (CVNA)

Reporting relationship: Chief Operating Officer
Issuer ticker: CVNA
Reported as of: 01 Jan 2026
Net transaction value: -$4,292,992
SEC form: 4
Accepted by SEC: 05 Jan 2026, 18:17:29 UTC
Prior SEC filing: 12 Dec 2025
Next SEC filing: 03 Feb 2026
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 05 Jan 2026.

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: 05 Jan 2026, 18:17.

Change

Previous filing in this sequence was filed on 12 Dec 2025.
Current net transaction value: -$4,292,992.

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: 05 Jan 2026

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: $374,332
Shares: -887
Change %: -0.88%
Price: $422.02
Shares after: 99,871
Date: 01 Jan 2026
Ownership: Direct
Footnotes: F1

CVNA transaction

Class A Common Stock

Options Exercise

Transaction value: $100,700
Shares: +10,000
Change %: +10%
Price: $10.07
Shares after: 109,871
Date: 02 Jan 2026
Ownership: Direct
Footnotes: F2

CVNA transaction

Class A Common Stock

Sale

Transaction value: $141,030
Shares: -360
Change %: -0.33%
Price: $391.75
Shares after: 109,511
Date: 02 Jan 2026
Ownership: Direct
Footnotes: F2, F3, F4

CVNA transaction

Class A Common Stock

Sale

Transaction value: $94,255
Shares: -240
Change %: -0.22%
Price: $392.73
Shares after: 109,271
Date: 02 Jan 2026
Ownership: Direct
Footnotes: F2, F3, F5

CVNA transaction

Class A Common Stock

Sale

Transaction value: $94,469
Shares: -240
Change %: -0.22%
Price: $393.62
Shares after: 109,031
Date: 02 Jan 2026
Ownership: Direct
Footnotes: F2, F3, F6

CVNA transaction

Class A Common Stock

Sale

Transaction value: $173,796
Shares: -440
Change %: -0.4%
Price: $394.99
Shares after: 108,591
Date: 02 Jan 2026
Ownership: Direct
Footnotes: F2, F3, F7

CVNA transaction

Class A Common Stock

Sale

Transaction value: $237,636
Shares: -600
Change %: -0.55%
Price: $396.06
Shares after: 107,991
Date: 02 Jan 2026
Ownership: Direct
Footnotes: F2, F3, F8

CVNA transaction

Class A Common Stock

Sale

Transaction value: $190,598
Shares: -480
Change %: -0.44%
Price: $397.08
Shares after: 107,511
Date: 02 Jan 2026
Ownership: Direct
Footnotes: F2, F3, F9

CVNA transaction

Class A Common Stock

Sale

Transaction value: $228,538
Shares: -574
Change %: -0.53%
Price: $398.15
Shares after: 106,937
Date: 02 Jan 2026
Ownership: Direct
Footnotes: F2, F3, F10

CVNA transaction

Class A Common Stock

Sale

Transaction value: $519,268
Shares: -1,301
Change %: -1.2%
Price: $399.13
Shares after: 105,636
Date: 02 Jan 2026
Ownership: Direct
Footnotes: F2, F3, F11

CVNA transaction

Class A Common Stock

Sale

Transaction value: $502,588
Shares: -1,256
Change %: -1.2%
Price: $400.15
Shares after: 104,380
Date: 02 Jan 2026
Ownership: Direct
Footnotes: F2, F3, F12

CVNA transaction

Class A Common Stock

Sale

Transaction value: $306,532
Shares: -764
Change %: -0.73%
Price: $401.22
Shares after: 103,616
Date: 02 Jan 2026
Ownership: Direct
Footnotes: F2, F3, F13

CVNA transaction

Class A Common Stock

Sale

Transaction value: $407,719
Shares: -1,014
Change %: -0.98%
Price: $402.09
Shares after: 102,602
Date: 02 Jan 2026
Ownership: Direct
Footnotes: F2, F3, F14

CVNA transaction

Class A Common Stock

Sale

Transaction value: $140,328
Shares: -348
Change %: -0.34%
Price: $403.24
Shares after: 102,254
Date: 02 Jan 2026
Ownership: Direct
Footnotes: F2, F3, F15

CVNA transaction

Class A Common Stock

Sale

Transaction value: $96,989
Shares: -240
Change %: -0.23%
Price: $404.12
Shares after: 102,014
Date: 02 Jan 2026
Ownership: Direct
Footnotes: F2, F3, F16

CVNA transaction

Class A Common Stock

Sale

Transaction value: $113,445
Shares: -280
Change %: -0.27%
Price: $405.16
Shares after: 101,734
Date: 02 Jan 2026
Ownership: Direct
Footnotes: F2, F3, F17

CVNA transaction

Class A Common Stock

Sale

Transaction value: $48,842
Shares: -120
Change %: -0.12%
Price: $407.02
Shares after: 101,614
Date: 02 Jan 2026
Ownership: Direct
Footnotes: F2, F3, F18

CVNA transaction

Class A Common Stock

Sale

Transaction value: $82,012
Shares: -200
Change %: -0.2%
Price: $410.06
Shares after: 101,414
Date: 02 Jan 2026
Ownership: Direct
Footnotes: F2, F3, F19

CVNA transaction

Class A Common Stock

Sale

Transaction value: $32,937
Shares: -80
Change %: -0.08%
Price: $411.71
Shares after: 101,334
Date: 02 Jan 2026
Ownership: Direct
Footnotes: F2, F3, F20

CVNA transaction

Class A Common Stock

Sale

Transaction value: $115,707
Shares: -280
Change %: -0.28%
Price: $413.24
Shares after: 101,054
Date: 02 Jan 2026
Ownership: Direct
Footnotes: F2, F3, F21

CVNA transaction

Class A Common Stock

Sale

Transaction value: $115,987
Shares: -280
Change %: -0.28%
Price: $414.24
Shares after: 100,774
Date: 02 Jan 2026
Ownership: Direct
Footnotes: F2, F3, F22

CVNA transaction

Class A Common Stock

Sale

Transaction value: $99,631
Shares: -240
Change %: -0.24%
Price: $415.13
Shares after: 100,534
Date: 02 Jan 2026
Ownership: Direct
Footnotes: F2, F3, F23

CVNA transaction

Class A Common Stock

Sale

Transaction value: $42,873
Shares: -103
Change %: -0.1%
Price: $416.24
Shares after: 100,431
Date: 02 Jan 2026
Ownership: Direct
Footnotes: F2, F3, F24

CVNA transaction

Class A Common Stock

Sale

Transaction value: $150,401
Shares: -360
Change %: -0.36%
Price: $417.78
Shares after: 100,071
Date: 02 Jan 2026
Ownership: Direct
Footnotes: F2, F3, F25

CVNA transaction

Class A Common Stock

Sale

Transaction value: $66,995
Shares: -160
Change %: -0.16%
Price: $418.72
Shares after: 99,911
Date: 02 Jan 2026
Ownership: Direct
Footnotes: F2, F3, F26

CVNA transaction

Class A Common Stock

Sale

Transaction value: $16,784
Shares: -40
Change %: -0.04%
Price: $419.60
Shares after: 99,871
Date: 02 Jan 2026
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 %: -2.9%
Price: $0.000000
Shares after: 338,513
Date: 02 Jan 2026
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 $391.21 to $392.19 inclusive.

Footnote F5

This transaction was executed in multiple trades at prices ranging from $392.22 to $393.08, inclusive.

Footnote F6

This transaction was executed in multiple trades at prices ranging from $393.30 to $394.22 inclusive.

Footnote F7

This transaction was executed in multiple trades at prices ranging from $394.48 to $395.47, inclusive.

Footnote F8

This transaction was executed in multiple trades at prices ranging from $395.63 to $396.62, inclusive.

Footnote F9

This transaction was executed in multiple trades at prices ranging from $396.63 to $397.50 inclusive.

Footnote F10

This transaction was executed in multiple trades at prices ranging from $397.64 to $398.63, inclusive.

Footnote F11

This transaction was executed in multiple trades at prices ranging from $398.64 to $399.62, inclusive.

Footnote F12

This transaction was executed in multiple trades at prices ranging from $399.64 to $400.60, inclusive.

Footnote F13

This transaction was executed in multiple trades at prices ranging from $400.69 to $401.67 inclusive.

Footnote F14

This transaction was executed in multiple trades at prices ranging from $401.70 to $402.67, inclusive.

Footnote F15

This transaction was executed in multiple trades at prices ranging from $402.73 to $403.68, inclusive.

Footnote F16

This transaction was executed in multiple trades at prices ranging from $403.73 to $404.63, inclusive.

Footnote F17

This transaction was executed in multiple trades at prices ranging from $404.83 to $405.46, inclusive.

Footnote F18

This transaction was executed in multiple trades at prices ranging from $406.77 to $407.14, inclusive.

Footnote F19

This transaction was executed in multiple trades at prices ranging from $409.46 to $410.37, inclusive.

Footnote F20

This transaction was executed in multiple trades at prices ranging from $411.53 to $411.88, inclusive.

Footnote F21

This transaction was executed in multiple trades at prices ranging from $412.86 to $413.80, inclusive.

Footnote F22

This transaction was executed in multiple trades at prices ranging from $413.89 to $414.66, inclusive.

Footnote F23

This transaction was executed in multiple trades at prices ranging from $414.94 to $415.65, inclusive.

Footnote F24

This transaction was executed in multiple trades at prices ranging from $416.16 to $416.34, inclusive.

Footnote F25

This transaction was executed in multiple trades at prices ranging from $417.18 to $418.17, inclusive.

Footnote F26

This transaction was executed in multiple trades at prices ranging from $418.27 to $419.17, 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.