Ira J. Platt - Sep 10, 2025 Form 4 Insider Report for CARVANA CO. (CVNA)

Role
Director
Signature
/s/ Paul Breaux, by Power of Attorney for Ira J. Platt
Stock symbol
CVNA
Transactions as of
Sep 10, 2025
Transactions value $
-$5,307,960
Form type
4
Date filed
9/11/2025, 06:21 PM
Previous filing
Aug 8, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
PLATT IRA J. Director C/O CARVANA CO., 300 E. RIO SALADO PARKWAY, TEMPE /s/ Paul Breaux, by Power of Attorney for Ira J. Platt 2025-09-11 0001702455

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CVNA Class A Common Stock Sale -$5.31M -14K -65.94% $379.14 7.23K Sep 10, 2025 By Trust F1, F2
holding CVNA Class A Common Stock 26.1K Sep 10, 2025 Direct
holding CVNA Class A Common Stock 22K Sep 10, 2025 By Trust F3
holding CVNA Class A Common Stock 7.83K Sep 10, 2025 By Trust F4
holding CVNA Class A Common Stock 850 Sep 10, 2025 By Parent
* 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 The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 2, 2025 (the "10b5-1 Plan").
F2 Represents shares of Class A common stock held directly by The Georgiana Platt and Successors Remainder Trust (the "Settlers Trust"). The Reporting Person's spouse is co-trustee and primary beneficiary of the Settlers Trust.
F3 These shares of Class A common stock are held directly by the Ira J. Platt Revocable Trust (the "Revocable Trust"). The Reporting Person is co-trustee of the Revocable Trust, and the Reporting Person's spouse is the primary beneficiary of the Revocable Trust.
F4 These shares of Class A common stock are held directly by the Platt Family 2024 Irrevocable Trust (the "Irrevocable Trust"). The Reporting Person's spouse is co-trustee of the Irrevocable Trust.