| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | CVNA | Class A Common Stock | Sale | $135,933 | -700 | -0.39% | $194.19 | 177,416 | 31 Mar 2025 | Direct | F1, F2 |
| transaction | CVNA | Class A Common Stock | Sale | $214,885 | -1,100 | -0.62% | $195.35 | 176,316 | 31 Mar 2025 | Direct | F1, F3 |
| transaction | CVNA | Class A Common Stock | Sale | $157,000 | -800 | -0.45% | $196.25 | 175,516 | 31 Mar 2025 | Direct | F1, F4 |
| transaction | CVNA | Class A Common Stock | Sale | $158,040 | -800 | -0.46% | $197.55 | 174,716 | 31 Mar 2025 | Direct | F1, F5 |
| transaction | CVNA | Class A Common Stock | Sale | $159,272 | -800 | -0.46% | $199.09 | 173,916 | 31 Mar 2025 | Direct | F1, F6 |
| transaction | CVNA | Class A Common Stock | Sale | $220,011 | -1,096 | -0.63% | $200.74 | 172,820 | 31 Mar 2025 | Direct | F1, F7 |
| transaction | CVNA | Class A Common Stock | Sale | $419,041 | -2,076 | -1.2% | $201.85 | 170,744 | 31 Mar 2025 | Direct | F1, F8 |
| transaction | CVNA | Class A Common Stock | Sale | $447,359 | -2,207 | -1.3% | $202.70 | 168,537 | 31 Mar 2025 | Direct | F1, F9 |
| transaction | CVNA | Class A Common Stock | Sale | $377,623 | -1,853 | -1.1% | $203.79 | 166,684 | 31 Mar 2025 | Direct | F1, F10 |
| transaction | CVNA | Class A Common Stock | Sale | $395,438 | -1,930 | -1.2% | $204.89 | 164,754 | 31 Mar 2025 | Direct | F1, F11 |
| transaction | CVNA | Class A Common Stock | Sale | $61,815 | -300 | -0.18% | $206.05 | 164,454 | 31 Mar 2025 | Direct | F1, F12 |
| transaction | CVNA | Class A Common Stock | Sale | $530,520 | -2,555 | -1.6% | $207.64 | 161,899 | 31 Mar 2025 | Direct | F1, F13 |
| transaction | CVNA | Class A Common Stock | Sale | $1,887,134 | -9,051 | -5.6% | $208.50 | 152,848 | 31 Mar 2025 | Direct | F1, F14 |
| transaction | CVNA | Class A Common Stock | Sale | $2,512,769 | -12,001 | -7.9% | $209.38 | 140,847 | 31 Mar 2025 | Direct | F1, F15 |
| transaction | CVNA | Class A Common Stock | Sale | $1,109,019 | -5,269 | -3.7% | $210.48 | 135,578 | 31 Mar 2025 | Direct | F1, F16 |
| transaction | CVNA | Class A Common Stock | Sale | $1,185,712 | -5,607 | -4.1% | $211.47 | 129,971 | 31 Mar 2025 | Direct | F1, F17 |
| transaction | CVNA | Class A Common Stock | Sale | $309,027 | -1,455 | -1.1% | $212.39 | 128,516 | 31 Mar 2025 | Direct | F1, F18 |
| transaction | CVNA | Class A Common Stock | Sale | $85,344 | -400 | -0.31% | $213.36 | 128,116 | 31 Mar 2025 | Direct | F1, F19 |
| transaction | CVNA | Class A Common Stock | Tax liability | $916,901 | -4,313 | -3.4% | $212.59 | 123,803 | 01 Apr 2025 | Direct | F20 |
| transaction | CVNA | Class A Common Stock | Conversion of derivative security | $0 | +50,000 | +40% | $0.000000 | 173,803 | 02 Apr 2025 | Direct | F1, F21, F22 |
| 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 | -62,500 | -41% | $0.000000 | 91,449 | 02 Apr 2025 | Class A Common Stock | 50,000 | $0.000000 | Direct | F1, F21, F22 |
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 $193.61 to $194.53, 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 $194.70 to $195.65, 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 $195.70 to $196.66, 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 $197.00 to $197.90, 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 $198.60 to $199.47, 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 $200.19 to $201.18, 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 $201.19 to $202.13, 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 $202.20 to $203.19, 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 $203.20 to $204.19, 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 $204.41 to $205.40, 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 $205.65 to $206.49, 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 $206.98 to $207.97, 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 $207.98 to $208.96, 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 $208.98 to $209.97, 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 | This transaction was executed in multiple trades at prices ranging from $210.00 to $210.99, 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. |
| F17 | This transaction was executed in multiple trades at prices ranging from $211.00 to $211.94, 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. |
| F18 | This transaction was executed in multiple trades at prices ranging from $212.06 to $212.94, 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. |
| F19 | This transaction was executed in multiple trades at prices ranging from $213.14 to $213.66, 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. |
| F20 | 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. |
| F21 | 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. |
| F22 | 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. |