CVNA: Broker files Form 144 for 63,750 shares (Morgan Stanley)

Rhea-AI Filing Summary

Morgan Stanley Smith Barney LLC submitted a Form 144 notice relating to sales of Common stock tied to an exercise of stock options. The filing lists 63,750 shares on 07/01/2026. It also documents prior 10b5-1 sales showing 63,750 shares on 06/01/2026 and 12,750 shares on 05/01/2026 with dollar amounts shown in the excerpt.

Insights

Securities Compliance Analyst

Form 144 reports broker-handled sales tied to an option exercise and recent 10b5-1 activity.

The filing lists an exercise of stock options for 63,750 shares dated 07/01/2026 and prior 10b5-1 sales of 63,750 and 12,750 shares on 06/01/2026 and 05/01/2026.

Cash proceeds and exact cash-flow recipients appear as dollar figures in the excerpt; the document names the broker as Morgan Stanley Smith Barney LLC. Regulatory treatment is routine for Section 144 sales; timing and pricing mechanics are not detailed in the excerpt.

Key Figures

Filed shares: 63,750 shares 10b5-1 sale (June): 63,750 shares 10b5-1 sale (May): 12,750 shares +2 more

5 metrics

Filed shares 63,750 shares Exercise of stock options dated 07/01/2026

10b5-1 sale (June) 63,750 shares 10b5-1 sale dated 06/01/2026

10b5-1 sale (May) 12,750 shares 10b5-1 sale dated 05/01/2026

Proceeds shown (June line) $4,487,801.88 Dollar amount adjacent to 06/01/2026 63,750-share entry in excerpt

Proceeds shown (May line) $4,936,665.00 Dollar amount adjacent to 05/01/2026 12,750-share entry in excerpt

Key Terms

Form 144, 10b5-1, Exercise of Stock Options

3 terms

Form 144 regulatory

"144: Securities To Be Sold"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

10b5-1 regulatory

"10b5-1 Sales for MARK JENKINS"

A 10b5-1 plan is a pre-set schedule that lets company insiders buy or sell shares according to written instructions made when they do not possess material, nonpublic information. Think of it as a timed automatic payment for stock trades: it helps insiders avoid accusations of trading on secret information and gives outside investors a clearer signal about whether sales are routine or potentially informative about the company’s prospects.

Exercise of Stock Options financial

"07/01/2026 | Exercise of Stock Options"

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Available on EDGAR 07/01/2026 - 04:57 PM Accepted by SEC EDGAR 07/01/2026 - 04:57 PM Learn about SEC filing dates

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	63750	4196025.00	143257677	07/01/2026	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	07/01/2026	Exercise of Stock Options	Issuer			63750	07/01/2026	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 for MARK JENKINS 300 E. Rio Salado Parkway Tempe AZ 85281	Common	06/01/2026	63750	4487801.88
10b5-1 Sales for MARK JENKINS 300 E. Rio Salado Parkway Tempe AZ 85281	Common	05/01/2026	12750	4936665.00

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 the CVNA Form 144 filing report?

The filing reports a broker-handled exercise of stock options covering 63,750 shares dated 07/01/2026. It also lists prior 10b5-1 sales of 63,750 and 12,750 shares on 06/01/2026 and 05/01/2026 respectively.

Who is the broker handling the transactions in the CVNA Form 144?

Morgan Stanley Smith Barney LLC is named as the broker in the excerpt, with an address at 1 New York Plaza, 8th Floor, New York, NY. The filing shows the broker as the intermediary for the reported sales.

How many shares are listed for sale on the Form 144 for CVNA?

The excerpt lists 63,750 shares63,750 and 12,750 shares

Are dollar amounts shown in the CVNA Form 144 excerpt?

Yes, the excerpt includes dollar figures adjacent to share counts, for example 4,487,801.884,936,665.00

Were the prior sales in the excerpt executed under a trading plan?

The excerpt labels prior transactions as 10b5-1 Sales