IRA J. PLATT - 05 Jun 2025 Form 4 Insider Report for CARVANA CO. (CVNA)

Role
Director
Signature
/s/ Paul Breaux, by Power of Attorney for Ira J. Platt
Issuer symbol
CVNA
Transactions as of
05 Jun 2025
Transactions value $
-$1,951,856
Form type
4
Filing time
09 Jun 2025, 19:18:29 UTC
Previous filing
15 May 2025
Next filing
08 Aug 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
PLATT IRA J. Director C/O CARVANA CO., 300 E. RIO SALADO PARKWAY, TEMPE /s/ Paul Breaux, by Power of Attorney for Ira J. Platt 09 Jun 2025 0001702455

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CVNA Class A Common Stock Sale -$1.95M -5.67K -17.85% $344.00 26.1K 05 Jun 2025 Direct F1
holding CVNA Class A Common Stock 25K 05 Jun 2025 By Trust F2
holding CVNA Class A Common Stock 4.83K 05 Jun 2025 By Trust F3
holding CVNA Class A Common Stock 21.2K 05 Jun 2025 By Trust F4
holding CVNA Class A Common Stock 850 05 Jun 2025 By Parent
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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).

Explanation of Responses:

Id Content
F1 The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 6, 2025.
F2 These Class A Shares are held directly by the Ira J. Platt Revocable Trust (the "Revocable Trust"). The Reporting Person is co-trustee of the Revocable Trust, and the Reporting Person's spouse is the primary beneficiary of the Revocable Trust.
F3 These Class A Shares are held directly by the Platt Family 2024 Irrevocable Trust (the "Irrevocable Trust"). The Reporting Person's spouse is co-trustee of the Trust.
F4 Represents shares of Class A common stock held directly by The Georgiana Platt and Successors Remainder Trust (the "Settlers Trust") acquired upon distribution from the Irrevocable Trust. The Reporting Person's spouse is co-trustee and primary beneficiary of the Settlers Trust.