SEC Form 4 · accession 0001700537-26-000014
CARVANA CO. · CVNA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Benjamin E. Huston
Officer — Chief Operating Officer
Period of report
Jun 1, 2026
Accepted (ET)
Jun 3, 2026 · 7:21 pm EDT
Rule 10b5-1 plan
yes — trade under a plan
Issuer CIK
0001690820
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF1,F2 | Jun 1, 2026 | F | 7,016 | $71.00 | D | 515,769 | D | |
| Class A Common StockF3,F2 | Jun 1, 2026 | M | 50,000 | $2.01 | A | 565,769 | D | |
| Class A Common StockF3,F4,F5,F2 | Jun 1, 2026 | S | 19,105 | $69.72 | D | 546,664 | D | |
| Class A Common StockF3,F4,F6,F2 | Jun 1, 2026 | S | 29,071 | $70.78 | D | 517,593 | D | |
| Class A Common StockF3,F4,F7,F2 | Jun 1, 2026 | S | 1,824 | $71.25 | D | 515,769 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (Right to Buy)F2,F8 | $2.01 | Jun 1, 2026 | M | 50,000 | D | Apr 1, 2024 | Feb 22, 2033 | Class A Common Stock | 50,000 | 1,442,565 | D |
Explanation of responses
- F1Represents 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.
- F2All amounts reflect the five for one forward stock split conducted by the issuer on May 7, 2026.
- F3The reported option exercises 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").
- F4The 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.
- F5This transaction was executed in multiple trades at prices ranging from $69.15 to $70.14 inclusive.
- F6This transaction was executed in multiple trades at prices ranging from $70.15 to $71.15 inclusive.
- F7This transaction was executed in multiple trades at prices ranging from $71.15 to $72.02 inclusive.
- F8The non-qualified stock options representing the right to purchase for the exercise price Class A Common Stock of the Issuer vested 25% on April 1, 2024 and monthly thereafter for the following three years, subject to the Reporting Person's continued service with the Issuer.