SEC Form 4 · accession 0001700540-26-000018
CARVANA CO. · CVNA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark W. Jenkins
Officer — Chief Financial Officer
Period of report
Aug 1, 2026
Accepted (ET)
Aug 4, 2026 · 5:04 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 Stock | Aug 1, 2026 | F | 7,018 | $62.36 | D | 1,022,562 | D | |
| Class A Common StockF2 | Aug 3, 2026 | A | 133,972 | $0.00 | A | 1,156,534 | D | |
| Class A Common Stock | Aug 3, 2026 | M | 50,000 | $2.01 | A | 1,206,534 | D | |
| Class A Common Stock | Aug 3, 2026 | M | 10,000 | $8.41 | A | 1,216,534 | D | |
| Class A Common Stock | Aug 3, 2026 | M | 3,750 | $10.39 | A | 1,220,284 | D | |
| Class A Common StockF4,F5 | Aug 3, 2026 | S | 7,940 | $63.17 | D | 1,212,344 | D | |
| Class A Common StockF4,F6 | Aug 3, 2026 | S | 24,287 | $64.08 | D | 1,188,057 | D | |
| Class A Common StockF4,F7 | Aug 3, 2026 | S | 22,886 | $64.93 | D | 1,165,171 | D | |
| Class A Common StockF4,F8 | Aug 3, 2026 | S | 8,637 | $65.75 | D | 1,156,534 | 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)F9 | $2.01 | Aug 3, 2026 | M | 0 | D | Apr 1, 2024 | Feb 22, 2033 | Class A Common Stock | 50,000 | 542,565 | D |
| Stock Options (Right to Buy)F10 | $8.41 | Aug 3, 2026 | M | 0 | D | Apr 1, 2025 | Jan 24, 2034 | Class A Common Stock | 10,000 | 213,515 | D |
| Stock Options (Right to Buy)F10 | $10.39 | Aug 3, 2026 | M | 0 | D | Apr 1, 2025 | Feb 13, 2034 | Class A Common Stock | 3,750 | 81,730 | 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.
- F10The 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, 2025 and monthly thereafter for the following three years, subject to the Reporting Person's continued service with the Issuer.
- F2Represents shares of Class A Common Stock of Carvana Co. (the "Issuer") underlying restricted stock units acquired by the Reporting Person. The restricted stock units vest 25% on April 1, 2027 and monthly thereafter for the following three years, subject to the Reporting Person's continued service with the Issuer.
- F3The reported option exercises and sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 5, 2024.
- 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 $62.41 to $63.40 inclusive.
- F6This transaction was executed in multiple trades at prices ranging from $63.41 to $64.40 inclusive.
- F7This transaction was executed in multiple trades at prices ranging from $64.41 to $65.40 inclusive.
- F8This transaction was executed in multiple trades at prices ranging from $65.41 to $66.04 inclusive.
- F9The 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.