| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | CVNA | Class A Common Stock | Sale | -$80.3K | -400 | -0.2% | $200.69 | 196K | Mar 24, 2025 | Direct | F1, F2 |
| transaction | CVNA | Class A Common Stock | Sale | -$121K | -600 | -0.31% | $201.93 | 195K | Mar 24, 2025 | Direct | F1, F3 |
| transaction | CVNA | Class A Common Stock | Sale | -$149K | -733 | -0.38% | $202.88 | 195K | Mar 24, 2025 | Direct | F1, F4 |
| transaction | CVNA | Class A Common Stock | Sale | -$61.1K | -300 | -0.15% | $203.80 | 194K | Mar 24, 2025 | Direct | F1, F5 |
| transaction | CVNA | Class A Common Stock | Sale | -$179K | -873 | -0.45% | $205.30 | 193K | Mar 24, 2025 | Direct | F1, F6 |
| transaction | CVNA | Class A Common Stock | Sale | -$452K | -2.19K | -1.13% | $206.51 | 191K | Mar 24, 2025 | Direct | F1, F7 |
| transaction | CVNA | Class A Common Stock | Sale | -$1.04M | -5K | -2.62% | $207.68 | 186K | Mar 24, 2025 | Direct | F1, F8 |
| transaction | CVNA | Class A Common Stock | Sale | -$1.73M | -8.27K | -4.44% | $208.66 | 178K | Mar 24, 2025 | Direct | F1, F9 |
| transaction | CVNA | Class A Common Stock | Sale | -$1.43M | -6.84K | -3.84% | $209.51 | 171K | Mar 24, 2025 | Direct | F1, F10 |
| transaction | CVNA | Class A Common Stock | Sale | -$883K | -4.19K | -2.45% | $210.66 | 167K | Mar 24, 2025 | Direct | F1, F11 |
| transaction | CVNA | Class A Common Stock | Sale | -$929K | -4.39K | -2.63% | $211.49 | 162K | Mar 24, 2025 | Direct | F1, F12 |
| transaction | CVNA | Class A Common Stock | Sale | -$213K | -1K | -0.62% | $212.78 | 161K | Mar 24, 2025 | Direct | F1, F13 |
| transaction | CVNA | Class A Common Stock | Sale | -$2.47M | -11.6K | -7.15% | $213.60 | 150K | Mar 24, 2025 | Direct | F1, F14 |
| transaction | CVNA | Class A Common Stock | Sale | -$784K | -3.65K | -2.43% | $214.66 | 146K | Mar 24, 2025 | Direct | F1, F15 |
| transaction | CVNA | Class A Common Stock | Conversion of derivative security | $0 | +31.8K | +21.77% | $0.00 | 178K | Mar 26, 2025 | Direct | F1, F16, F17 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | CVNA | Class B Units | Conversion of derivative security | $0 | -39.8K | -20.54% | $0.00 | 154K | Mar 26, 2025 | Class A Common Stock | 31.8K | $0.00 | Direct | F1, F16, F17 |
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 unit conversions 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"). |
| F2 | This transaction was executed in multiple trades at prices ranging from $200.00 to $200.95, 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 $201.34 to $202.23, 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 $202.53 to $203.44, 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 $203.57 to $204.26, 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 $204.90 to $205.89, 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 $205.95 to $206.92, 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 $207.06 to $208.05, 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 $208.08 to $209.07, 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 $209.08 to $210.07 , 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 $210.08 to $211.07, 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 | This transaction was executed in multiple trades at prices ranging from $211.08 to $212.00, 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. |
| F13 | This transaction was executed in multiple trades at prices ranging from $212.18 to $213.17, 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. |
| F14 | This transaction was executed in multiple trades at prices ranging from $213.18 to $214.15, 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. |
| F15 | This transaction was executed in multiple trades at prices ranging from $214.18 to $215.08, 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. |
| F16 | Mr. Huston was granted 1,000,000 Class B common units ("Class B Units") of Carvana Group, LLC ("Carvana Group") on March 24, 2015 with a participation threshold of $0.00; 250,000 vested on the grant date and 16,667 vest on the first of each month thereafter. |
| F17 | Pursuant to an exchange agreement among the Issuer and certain common unit holders of Carvana Group, LLC, dated April 27, 2017 (the "Exchange Agreement"), holders of Class B Units may exchange their Class B Units for a number of shares of the Issuer's Class A Common Stock equal to the Class A Common Stock Value less the Adjusted Participation Threshold (as each term is defined in the Exchange Agreement) multiplied by 0.8 times the number of Class B Units being exchanged, divided by the Class A Common Stock Value. |