Carvana (CVNA) insider files Form 144 for 10,000-share stock sale plan

Rhea-AI Filing Summary

Carvana (CVNA) reported a planned insider stock sale under Rule 144. A holder plans to sell 10,000 shares of common stock through Morgan Stanley Smith Barney LLC on the NYSE, with an aggregate market value of $3,745,000. The shares relate to an exercise of stock options for 10,000 common shares on 12/01/2025, paid in cash.

Carvana had 141,423,193 common shares outstanding at the time referenced. Over the past three months, a 10b5-1 sales plan for BHJC Trust reported three separate sales of 10,000 common shares each, with gross proceeds of $3,245,730, $3,892,725, and $3,646,586. The signer represents that they are not aware of undisclosed material adverse information about Carvana’s operations.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
COMMON	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	10000	3745000.00	141423193	12/01/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	12/01/2025	Exercise of Stock Options	Issuer			10000	12/01/2025	Cash

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
10b5-1 Sales Plan for BHJC Trust 300 E. Rio Salado Parkway Tempe AZ 85281	COMMON	11/03/2025	10000	3245730.00
10b5-1 Sales Plan for BHJC Trust 300 E. Rio Salado Parkway Tempe AZ 85281	COMMON	10/01/2025	10000	3892725.00
10b5-1 Sales Plan for BHJC Trust 300 E. Rio Salado Parkway Tempe AZ 85281	COMMON	09/02/2025	10000	3646586.00

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does Carvana (CVNA) disclose in this Form 144 filing?

The notice discloses a planned sale of 10,000 shares of Carvana common stock under Rule 144 through Morgan Stanley Smith Barney LLC on the NYSE, tied to a recent stock option exercise.

How many Carvana (CVNA) shares are planned to be sold and at what market value?

The plan covers 10,000 common shares of Carvana with an aggregate market value of approximately $3,745,000 based on the price used in the notice.

What recent Carvana (CVNA) insider sales are reported for the past three months?

A 10b5-1 sales plan for BHJC Trust reports three sales of 10,000 common shares each on 09/02/2025, 10/01/2025, and 11/03/2025, with gross proceeds of $3,646,586, $3,892,725, and $3,245,730, respectively.

How were the 10,000 Carvana (CVNA) shares being sold acquired?

The 10,000 shares were acquired on 12/01/2025 through an exercise of stock options from the issuer, with the purchase price paid in cash on the same date.

How many Carvana (CVNA) shares were outstanding at the time referenced in the notice?

The notice reports that 141,423,193 common shares of Carvana were outstanding at the time referenced.

What representation does the selling holder make about Carvana (CVNA) information?

By signing, the person for whose account the securities are to be sold represents that they do not know any material adverse information about Carvana’s current or prospective operations that has not been publicly disclosed.