Carvana officer plans $4.7M Rule 144 share sale
Rhea-AI Filing Summary
CARVANA CO. (CVNA) officer Mark Jenkins filed a notice of proposed sale of restricted or control securities under Rule 144. The filing covers 63,750 shares of common stock, with an aggregate market value of $4,683,075.00, to be sold through Morgan Stanley Smith Barney LLC on or after 09/01/2026 following an Exercise of Stock Options. CARVANA had 719,916,415 shares outstanding as of this notice. The form also lists prior 10b5-1 plan sales by Jenkins in the past three months.
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Key Figures
Shares to be sold under Rule 144: 63,750 shares of common stock
Aggregate market value of shares to be sold: $4,683,075.00
Shares outstanding: 719,916,415 shares
+2 more
5 metrics
Shares to be sold under Rule 144
63,750 shares of common stock
Proposed sale by Mark Jenkins on or after 09/01/2026
Aggregate market value of shares to be sold
$4,683,075.00
For 63,750 CARVANA CO. common shares in the planned Rule 144 sale
Shares outstanding
719,916,415 shares
CARVANA CO. common stock outstanding as referenced in the notice
10b5-1 sale on 08/03/2026
63,750 shares for $4,111,833.38
Prior 3‑month sale of CARVANA CO. common stock by Mark Jenkins
10b5-1 sale on 07/01/2026
63,750 shares for $4,356,938.50
Earlier 3‑month sale of CARVANA CO. common stock by Mark Jenkins
Key Terms
Rule 144, 10b5-1, Exercise of Stock Options
3 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
10b5-1 regulatory
"10b5-1 Sales for MARK JENKINS 300 E. Rio Salado Parkway Tempe AZ 85281"
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
"Common | 09/01/2026 | Exercise of Stock Options | Issuer"
FAQ
What is being disclosed for CVNA in this Form 144 filing?
The filing discloses that officer Mark Jenkins intends to sell 63,750 shares of CARVANA CO. common stock under Rule 144, with an aggregate market value of $4,683,075.00, following the Exercise of Stock Options, through Morgan Stanley Smith Barney LLC.
Which broker is involved in the CARVANA (CVNA) Form 144 sale for Mark Jenkins?
The securities are to be sold through Morgan Stanley Smith Barney LLC Executive Financial Services, located at 1 New York Plaza, 8th Floor, New York, NY 10004, as stated in the securities information portion of the notice.
AI-generated analysis. How Rhea-AI works. Not financial advice.