Carvana (NYSE: CVNA) insider files to sell 25,000 shares under Rule 144

Rhea-AI Filing Summary

Carvana has a planned insider sale filing indicating that a holder intends to sell 25,000 shares of the company’s common stock under Rule 144. The shares are to be sold through Morgan Stanley Smith Barney on the NYSE, with an aggregate market value of $9,554,500 based on the pricing at the time of the notice, and are part of a larger base of 141,423,193 shares outstanding. The securities were acquired from the issuer on July 19, 2023 as restricted and performance stock units. Over the past three months, 10b5-1 sales for Thomas Taira included 10,000 common shares sold on November 28, 2025 for gross proceeds of $3,750,126 and 952 shares sold on November 10, 2025 for gross proceeds of $309,400. The seller represents that they are not aware of any undisclosed material adverse information about Carvana’s current or prospective 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	25000	9554500.00	141423193	12/03/2025	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	07/19/2023	Restricted and Performance Stock Units	Issuer			25000	07/19/2023	N/A

* 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 THOMAS TAIRA 300 E. Rio Salado Parkway Tempe AZ 85281	Common	11/28/2025	10000	3750126.00
10b5-1 Sales for THOMAS TAIRA 300 E. Rio Salado Parkway Tempe AZ 85281	Common	11/10/2025	952	309400.00

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) the Form 144 filing disclose?

The Form 144 shows that an affiliated holder of Carvana intends to sell 25,000 shares of common stock under Rule 144 through a broker on the NYSE.

How large is the planned Carvana (CVNA) insider sale in this Form 144?

The notice states that 25,000 common shares are to be sold, with an aggregate market value of $9,554,500 at the time of the filing.

What is the source of the Carvana (CVNA) shares being sold under Rule 144?

The filing lists the shares as acquired on July 19, 2023 from the issuer as restricted and performance stock units, later becoming eligible for resale.

Which broker will handle the Carvana (CVNA) Rule 144 share sale?

The planned sale will be executed through Morgan Stanley Smith Barney LLC Executive Financial Services on the NYSE.

What recent 10b5-1 sales related to Carvana (CVNA) are disclosed?

The notice reports 10b5-1 sales for Thomas Taira, including 10,000 common shares sold on November 28, 2025 for $3,750,126 and 952 shares sold on November 10, 2025 for $309,400 in gross proceeds.

What representation does the Carvana (CVNA) insider make in the Form 144?

By signing, the seller represents that they do not know of any material adverse information about Carvana’s current or prospective operations that has not been publicly disclosed.