| Name | Relationship | Address | Signature | Signature date | CIK |
|---|---|---|---|---|---|
| GARCIA ERNEST C. III | Chief Executive Officer, Director, 10%+ Owner | C/O CARVANA CO., 300 E. RIO SALADO PARKWAY, TEMPE | /s/ Paul Breaux, by Power of Attorney for Ernest C. Garcia, III | 2025-06-05 | 0001700548 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | CVNA | Class A Common Stock | Sale | -$134K | -392 | -0.05% | $343.07 | 781K | Jun 4, 2025 | Ernest Irrevocable 2004 Trust III | F1, F2, F3 |
| transaction | CVNA | Class A Common Stock | Sale | -$134K | -392 | -0.04% | $343.07 | 881K | Jun 4, 2025 | Ernest C. Garcia III Multi-Generational Trust III | F1, F2, F4 |
| transaction | CVNA | Class A Common Stock | Sale | -$185K | -537 | -0.07% | $343.77 | 781K | Jun 4, 2025 | Ernest Irrevocable 2004 Trust III | F1, F3, F5 |
| transaction | CVNA | Class A Common Stock | Sale | -$184K | -536 | -0.06% | $344.07 | 881K | Jun 4, 2025 | Ernest C. Garcia III Multi-Generational Trust III | F1, F4, F6 |
| transaction | CVNA | Class A Common Stock | Sale | -$36.9K | -107 | -0.01% | $344.86 | 781K | Jun 4, 2025 | Ernest Irrevocable 2004 Trust III | F1, F3, F7 |
| transaction | CVNA | Class A Common Stock | Sale | -$37.3K | -108 | -0.01% | $345.39 | 881K | Jun 4, 2025 | Ernest C. Garcia III Multi-Generational Trust III | F1, F4, F8 |
| transaction | CVNA | Class A Common Stock | Sale | -$151K | -436 | -0.06% | $346.19 | 780K | Jun 4, 2025 | Ernest Irrevocable 2004 Trust III | F1, F3, F9 |
| transaction | CVNA | Class A Common Stock | Sale | -$151K | -436 | -0.05% | $346.19 | 880K | Jun 4, 2025 | Ernest C. Garcia III Multi-Generational Trust III | F1, F4, F9 |
| transaction | CVNA | Class A Common Stock | Sale | -$43.7K | -126 | -0.02% | $346.97 | 780K | Jun 4, 2025 | Ernest Irrevocable 2004 Trust III | F1, F3, F10 |
| transaction | CVNA | Class A Common Stock | Sale | -$43.7K | -126 | -0.01% | $346.97 | 880K | Jun 4, 2025 | Ernest C. Garcia III Multi-Generational Trust III | F1, F4, F10 |
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 December 13, 2024. |
| F2 | This transaction was executed in multiple trades at prices ranging from $342.58 to $343.58, 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 | These shares of Class A Common Stock are held directly by the Ernest Irrevocable 2004 Trust III (the "Irrevocable Trust"). The Reporting Person is the Investment Trustee and Co-Administrative Trustee of the Irrevocable Trust. |
| F4 | These shares of Class A Common Stock are held directly by the Ernest C. Garcia III Multi-Generational Trust III (the "Multi-Generational Trust"). The Reporting Person is the Investment Trustee and Co-Administrative Trustee of the Multi-Generational Trust. |
| F5 | This transaction was executed in multiple trades at prices ranging from $343.61 to $343.86 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 $343.86 to $344.37 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. |
| F7 | This transaction was executed in multiple trades at prices ranging from $344.63 to $345.13 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. |
| F8 | This transaction was executed in multiple trades at prices ranging from $345.13 to $345.63 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 $345.64 to $346.64 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 $346.67 to $347.27 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. |