| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | CVNA | Class A Common Stock | Sale | -$136K | -700 | -0.39% | $194.19 | 177K | Mar 31, 2025 | Direct | F1, F2 |
| transaction | CVNA | Class A Common Stock | Sale | -$215K | -1.1K | -0.62% | $195.35 | 176K | Mar 31, 2025 | Direct | F1, F3 |
| transaction | CVNA | Class A Common Stock | Sale | -$157K | -800 | -0.45% | $196.25 | 176K | Mar 31, 2025 | Direct | F1, F4 |
| transaction | CVNA | Class A Common Stock | Sale | -$158K | -800 | -0.46% | $197.55 | 175K | Mar 31, 2025 | Direct | F1, F5 |
| transaction | CVNA | Class A Common Stock | Sale | -$159K | -800 | -0.46% | $199.09 | 174K | Mar 31, 2025 | Direct | F1, F6 |
| transaction | CVNA | Class A Common Stock | Sale | -$220K | -1.1K | -0.63% | $200.74 | 173K | Mar 31, 2025 | Direct | F1, F7 |
| transaction | CVNA | Class A Common Stock | Sale | -$419K | -2.08K | -1.2% | $201.85 | 171K | Mar 31, 2025 | Direct | F1, F8 |
| transaction | CVNA | Class A Common Stock | Sale | -$447K | -2.21K | -1.29% | $202.70 | 169K | Mar 31, 2025 | Direct | F1, F9 |
| transaction | CVNA | Class A Common Stock | Sale | -$378K | -1.85K | -1.1% | $203.79 | 167K | Mar 31, 2025 | Direct | F1, F10 |
| transaction | CVNA | Class A Common Stock | Sale | -$395K | -1.93K | -1.16% | $204.89 | 165K | Mar 31, 2025 | Direct | F1, F11 |
| transaction | CVNA | Class A Common Stock | Sale | -$61.8K | -300 | -0.18% | $206.05 | 164K | Mar 31, 2025 | Direct | F1, F12 |
| transaction | CVNA | Class A Common Stock | Sale | -$531K | -2.56K | -1.55% | $207.64 | 162K | Mar 31, 2025 | Direct | F1, F13 |
| transaction | CVNA | Class A Common Stock | Sale | -$1.89M | -9.05K | -5.59% | $208.50 | 153K | Mar 31, 2025 | Direct | F1, F14 |
| transaction | CVNA | Class A Common Stock | Sale | -$2.51M | -12K | -7.85% | $209.38 | 141K | Mar 31, 2025 | Direct | F1, F15 |
| transaction | CVNA | Class A Common Stock | Sale | -$1.11M | -5.27K | -3.74% | $210.48 | 136K | Mar 31, 2025 | Direct | F1, F16 |
| transaction | CVNA | Class A Common Stock | Sale | -$1.19M | -5.61K | -4.14% | $211.47 | 130K | Mar 31, 2025 | Direct | F1, F17 |
| transaction | CVNA | Class A Common Stock | Sale | -$309K | -1.46K | -1.12% | $212.39 | 129K | Mar 31, 2025 | Direct | F1, F18 |
| transaction | CVNA | Class A Common Stock | Sale | -$85.3K | -400 | -0.31% | $213.36 | 128K | Mar 31, 2025 | Direct | F1, F19 |
| transaction | CVNA | Class A Common Stock | Tax liability | -$917K | -4.31K | -3.37% | $212.59 | 124K | Apr 1, 2025 | Direct | F20 |
| transaction | CVNA | Class A Common Stock | Conversion of derivative security | $0 | +50K | +40.39% | $0.00 | 174K | Apr 2, 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 | -62.5K | -40.6% | $0.00 | 91.4K | Apr 2, 2025 | Class A Common Stock | 50K | $0.00 | 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. |