Stephen R. Palmer - Feb 2, 2024 Form 4 Insider Report for CARVANA CO. (CVNA)

Role
Vice President of Accounting
Signature
/s/ Paul Breaux, by Power of Attorney for Stephen R. Palmer
Stock symbol
CVNA
Transactions as of
Feb 2, 2024
Transactions value $
-$16,634
Form type
4
Date filed
2/5/2024, 06:17 PM
Previous filing
Jan 3, 2024
Next filing
Mar 5, 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CVNA Class A Common Stock Sale -$16.6K -406 -0.59% $40.97 68.7K Feb 2, 2024 Direct F1, F2
transaction CVNA Class A Common Stock Award $0 +4.29K +6.24% $0.00 73K Feb 5, 2024 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of Class A common stock sold to pay required tax withholdings upon vesting of restricted stock units.
F2 This transaction was executed in multiple trades at prices ranging from $ 40.50 to $41.10, 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.
F3 Represents shares of Class A Common Stock of Carvana Co. (the "Issuer") underlying restricted stock units acquired by the Reporting Person. The restricted stock units vest 25% on January 1, 2025 and monthly thereafter for the following three years, subject to the Reporting Person's continued service with the Issuer.