Mark W. Jenkins - 01 Jul 2025 Form 4 Insider Report for CARVANA CO. (CVNA)

Signature
/s/ Paul Breaux, by Power of Attorney for Mark W. Jenkins
Issuer symbol
CVNA
Transactions as of
01 Jul 2025
Net transactions value
-$4,502,631
Form type
4
Filing time
03 Jul 2025, 16:16:17 UTC
Previous filing
09 Jun 2025
Next filing
04 Aug 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
JENKINS MARK W. Chief Financial Officer C/O CARVANA CO., 300 E. RIO SALADO PKWY, TEMPE /s/ Paul Breaux, by Power of Attorney for Mark W. Jenkins 03 Jul 2025 0001700540

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CVNA Class A Common Stock Tax liability $412,339 -1,219 -0.57% $338.26 211,020 01 Jul 2025 Direct F1
transaction CVNA Class A Common Stock Options Exercise $100,700 +10,000 +4.7% $10.07 221,020 01 Jul 2025 Direct F2
transaction CVNA Class A Common Stock Options Exercise $84,060 +2,000 +0.9% $42.03 223,020 01 Jul 2025 Direct F2
transaction CVNA Class A Common Stock Options Exercise $38,978 +750 +0.34% $51.97 223,770 01 Jul 2025 Direct F2
transaction CVNA Class A Common Stock Sale $100,152 -300 -0.13% $333.84 223,470 01 Jul 2025 Direct F2, F3
transaction CVNA Class A Common Stock Sale $134,521 -402 -0.18% $334.63 223,068 01 Jul 2025 Direct F2, F4
transaction CVNA Class A Common Stock Sale $571,030 -1,700 -0.76% $335.90 221,368 01 Jul 2025 Direct F2, F5
transaction CVNA Class A Common Stock Sale $823,413 -2,443 -1.1% $337.05 218,925 01 Jul 2025 Direct F2, F6
transaction CVNA Class A Common Stock Sale $862,436 -2,550 -1.2% $338.21 216,375 01 Jul 2025 Direct F2, F7
transaction CVNA Class A Common Stock Sale $764,828 -2,255 -1% $339.17 214,120 01 Jul 2025 Direct F2, F8
transaction CVNA Class A Common Stock Sale $272,296 -800 -0.37% $340.37 213,320 01 Jul 2025 Direct F2, F9
transaction CVNA Class A Common Stock Sale $648,489 -1,900 -0.89% $341.31 211,420 01 Jul 2025 Direct F2, F10
transaction CVNA Class A Common Stock Sale $136,864 -400 -0.19% $342.16 211,020 01 Jul 2025 Direct F2, F11

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 -10,000 -4.2% $0.000000 228,513 01 Jul 2025 Class A Common Stock 10,000 $10.07 Direct F2, F12
transaction CVNA Stock Options (Right to Buy) Options Exercise $0 -2,000 -2.9% $0.000000 66,703 01 Jul 2025 Class A Common Stock 2,000 $42.03 Direct F2, F13
transaction CVNA Stock Options (Right to Buy) Options Exercise $0 -750 -2.9% $0.000000 25,346 01 Jul 2025 Class A Common Stock 750 $51.97 Direct F2, F13
* 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 August 5, 2024.
F3 This transaction was executed in multiple trades at prices ranging from $333.22 to $334.15 inclusive. 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 $334.36 to $335.29 inclusive. 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.
F5 This transaction was executed in multiple trades at prices ranging from $335.46 to $336.39 inclusive. 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.
F6 This transaction was executed in multiple trades at prices ranging from $336.62 to $337.59 inclusive. 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.
F7 This transaction was executed in multiple trades at prices ranging from $337.70 to $338.58 inclusive. 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.
F8 This transaction was executed in multiple trades at prices ranging from $338.70 to $339.67 inclusive. 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.
F9 This transaction was executed in multiple trades at prices ranging from $339.79 to $340.72 inclusive. 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.
F10 This transaction was executed in multiple trades at prices ranging from $340.82 to $341.80 inclusive. 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.
F11 This transaction was executed in multiple trades at prices ranging from $341.82 to $342.55 inclusive. 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.
F12 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.
F13 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, 2025 and monthly thereafter for the following three years, subject to the Reporting Person's continued service with the Issuer.