| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | CVNA | Class A Common Stock | Sale | -$52.3K | -608 | -0.9% | $86.08 | 66.9K | Apr 1, 2024 | Direct | F1, F2 |
| transaction | CVNA | Class A Common Stock | Sale | -$368K | -4.24K | -6.34% | $86.81 | 62.7K | Apr 1, 2024 | Direct | F1, F3 |
| transaction | CVNA | Class A Common Stock | Sale | -$13.2K | -151 | -0.24% | $87.67 | 62.5K | Apr 1, 2024 | Direct | F1, F4 |
| transaction | CVNA | Class A Common Stock | Sale | -$53K | -640 | -1.02% | $82.87 | 61.9K | Apr 2, 2024 | Direct | F5, F6 |
| transaction | CVNA | Class A Common Stock | Sale | -$165 | -2 | 0% | $82.37 | 61.9K | Apr 2, 2024 | Direct | F5 |
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).
| Id | Content |
|---|---|
| F1 | The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 8, 2023. |
| F2 | This transaction was executed in multiple trades at prices ranging from $ 85.39 to $86.37, 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 | This transaction was executed in multiple trades at prices ranging from $ 86.42 to $87.36, 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 $ 87.60 to $87.70, 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 | Represents shares of Class A common stock sold to pay required taxes upon vesting of restricted stock units. |
| F6 | This transaction was executed in multiple trades at prices ranging from $ 82.60 to $83.15, 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. |