Carvana (NYSE: CVNA) insider plans Rule 144 stock sale after large 10b5-1 trades

Rhea-AI Filing Summary

Carvana affiliate Thomas Taira filed a Rule 144 notice to sell 1,047 shares of common stock through Morgan Stanley Smith Barney, with an aggregate market value of $422,642.49. The filing lists 141,423,193 common shares outstanding and targets an approximate sale date of 02/09/2026 on the NYSE.

The 1,047 shares come from restricted stock units acquired on 02/01/2026. The notice also details prior 10b5-1 plan sales over the past three months, including 30,952 shares sold on 12/08/2025 for $13,493,901.04 and 25,000 shares sold on 12/03/2025 for $10,000,000.00.

Insights

Insider trading and governance analyst

Rule 144 filing details planned stock sale and sizable recent 10b5-1 disposals.

This notice shows Thomas Taira planning to sell 1,047 Carvana common shares under Rule 144 via Morgan Stanley, with an indicated market value of $422,642.49. These shares stem from restricted stock units acquired on 02/01/2026, tying the sale to equity compensation.

The disclosure also lists several earlier Rule 10b5-1 plan sales in the prior three months, including 30,952 shares on 12/08/2025 for $13,493,901.04 and 25,000 shares on 12/03/2025 for $10,000,000.00. While Rule 10b5-1 plans are pre-arranged, the aggregate disposals represent meaningful cash realization by this affiliated holder.

The representation language confirms the seller states they lack undisclosed material adverse information about Carvana at both the time of signing and, if applicable, at the 10b5-1 plan adoption date. Actual impact on trading depends on market liquidity and the execution of these and any future planned sales.

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	1047	422642.49	141423193	02/09/2026	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	02/01/2026	Restricted Stock Units	Issuer			1047	02/01/2026	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	01/08/2026	1174	524778.00
10b5-1 Sales for THOMAS TAIRA 300 E. Rio Salado Parkway Tempe AZ 85281	Common	12/12/2025	10000	4750000.00
10b5-1 Sales for THOMAS TAIRA 300 E. Rio Salado Parkway Tempe AZ 85281	Common	12/08/2025	30952	13493901.04
10b5-1 Sales for THOMAS TAIRA 300 E. Rio Salado Parkway Tempe AZ 85281	Common	12/03/2025	25000	10000000.00
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 the Form 144 filing disclose for Carvana (CVNA)?

The filing shows insider Thomas Taira intends to sell 1,047 Carvana common shares under Rule 144. The planned sale, through Morgan Stanley, has an indicated aggregate market value of $422,642.49 and is targeted for execution around February 9, 2026, on the NYSE.

How many Carvana (CVNA) shares is Thomas Taira planning to sell?

Thomas Taira plans to sell 1,047 Carvana common shares, according to the Rule 144 notice. These shares are linked to restricted stock units acquired on February 1, 2026, and are to be sold through Morgan Stanley Smith Barney’s Executive Financial Services unit.

What recent 10b5-1 sales by Thomas Taira in Carvana (CVNA) are disclosed?

The filing lists several recent 10b5-1 plan sales, including 30,952 Carvana common shares sold on December 8, 2025 for $13,493,901.04 and 25,000 shares sold on December 3, 2025 for $10,000,000.00, along with additional smaller transactions in November, December, and January.

How many Carvana (CVNA) shares are outstanding in this Form 144?

The notice states that 141,423,193 Carvana common shares are outstanding. This figure provides context for the 1,047 shares covered by the planned Rule 144 sale, helping investors understand the relative scale of the proposed disposition versus total equity.

What is the source of the Carvana (CVNA) shares being sold by Thomas Taira?

The 1,047 Carvana shares are tied to restricted stock units acquired on February 1, 2026. The filing labels the acquisition type as “Restricted Stock Units,” with the same date listed for acquisition and payment, indicating these are equity compensation-related shares rather than open-market purchases.

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

Morgan Stanley Smith Barney LLC, Executive Financial Services, is listed as the broker for the planned Rule 144 sale. The firm’s New York office at 1 New York Plaza, 8th Floor, will handle execution of the 1,047-share transaction on the NYSE, subject to normal market conditions.