SEC Form 4 · accession 0001700540-26-000020
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
Sep 1, 2026
Accepted (ET)
Sep 3, 2026 · 6:10 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 | Sep 1, 2026 | F | 7,016 | $72.18 | D | 1,149,518 | D | |
| Class A Common Stock | Sep 1, 2026 | M | 50,000 | $2.01 | A | 1,199,518 | D | |
| Class A Common Stock | Sep 1, 2026 | M | 10,000 | $8.41 | A | 1,209,518 | D | |
| Class A Common Stock | Sep 1, 2026 | M | 3,750 | $10.39 | A | 1,213,268 | D | |
| Class A Common StockF3,F4 | Sep 1, 2026 | S | 37,406 | $71.36 | D | 1,175,862 | D | |
| Class A Common StockF3,F5 | Sep 1, 2026 | S | 26,344 | $71.83 | D | 1,149,518 | 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)F7,F6 | $2.01 | Sep 1, 2026 | M | 50,000 | D | Apr 1, 2024 | Feb 22, 2033 | Class A Common Stock | 50,000 | 442,565 | D |
| Stock Options (Right to Buy)F7,F8 | $8.41 | Sep 1, 2026 | M | 10,000 | D | Apr 1, 2025 | Jan 24, 2034 | Class A Common Stock | 10,000 | 193,515 | D |
| Stock Options (Right to Buy)F7,F8 | $10.39 | Sep 1, 2026 | M | 3,750 | D | Apr 1, 2025 | Feb 13, 2034 | Class A Common Stock | 3,750 | 74,230 | 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.
- F2The reported option exercises and sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 5, 2024.
- F3The 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.
- F4This transaction was executed in multiple trades at prices ranging from $70.68 to $71.67 inclusive.
- F5This transaction was executed in multiple trades at prices ranging from $71.68 to $72.18 inclusive.
- F6The 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.
- F7Due to a scrivener's error, certain stock options were not appropriately marked as exercised in the Reporting Person's Form 4, filed with the SEC on August 4, 2026. The amounts reported in this column reflect the corrected amounts of unexercised stock options.
- 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, 2025 and monthly thereafter for the following three years, subject to the Reporting Person's continued service with the Issuer.