Carvana trust plans sale of 50,000 shares

Rhea-AI Filing Summary

CARVANA CO. (CVNA) has a notice from BHJC Trust under Rule 144 indicating a proposed sale of 50,000 shares of Carvana common stock through Morgan Stanley Smith Barney LLC, with an aggregate approximate value of $3,673,000 and an intended sale date of September 1, 2026 on the NYSE.

The trust states these shares were acquired upon the vesting of restricted stock units during the period from May 1, 2024 through May 1, 2026. The notice also lists prior sales under a 10b5-1 Sales Plan for BHJC Trust over the past three months.

Key Figures

Shares proposed to be sold: 50,000 shares Proposed aggregate sale price: $3,673,000.00 Intended sale date: 09/01/2026 +3 more

6 metrics

Shares proposed to be sold 50,000 shares Common stock indicated for sale under Rule 144

Proposed aggregate sale price $3,673,000.00 Estimated value for 50,000 shares of common stock

Intended sale date 09/01/2026 Planned date for Rule 144 sale on NYSE

Acquisition period for RSU vesting 05/01/2024–05/01/2026 Period during which RSUs vested and were acquired

Past sale on 07/01/2026 50,000 shares; $3,427,290.00 Common stock sold under 10b5-1 Sales Plan for BHJC Trust

Past sale on 08/03/2026 50,000 shares; $3,224,965.00 Common stock sold under 10b5-1 Sales Plan for BHJC Trust

Key Terms

Rule 144, Restricted Stock Units, 10b5-1 Sales Plan

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.

Restricted Stock Units financial

"Common | 05/01/2024 | Restricted Stock Units | Issuer"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

10b5-1 Sales Plan regulatory

"10b5-1 Sales Plan for BHJC Trust 300 E. Rio Salado Parkway"

A 10b5-1 sales plan is a written, prearranged schedule that company insiders use to buy or sell their employer’s stock under a U.S. securities rule, so trades occur automatically at set times or prices regardless of later private information. It matters to investors because it reduces the risk of insider-trading accusations and signals that certain insider trades were planned ahead—like putting transactions on autopilot—while still affecting share supply and market confidence.

FAQ

What sale of CARVANA (CVNA) shares is BHJC Trust planning under this Form 144?

BHJC Trust has filed to potentially sell 50,000 shares of Carvana common stock, with an aggregate approximate value of $3,673,000, through Morgan Stanley Smith Barney LLC, with an intended sale date of September 1, 2026 on the NYSE.

How were the CARVANA (CVNA) shares to be sold by BHJC Trust acquired?

The trust states that the securities to be sold were acquired upon the vesting of restricted stock units during the period from May 1, 2024 through May 1, 2026.

What CARVANA (CVNA) shares has BHJC Trust sold in the past three months?

The notice lists sales under a 10b5-1 Sales Plan: on July 1, 2026, 50,000 common shares for $3,427,290, and on August 3, 2026, 50,000 common shares for $3,224,965.

Which broker is handling the proposed CARVANA (CVNA) share sale for BHJC Trust?

The proposed sale of 50,000 Carvana common shares is indicated to be through Morgan Stanley Smith Barney LLC Executive Financial Services, located at 1 New York Plaza, New York, NY.

Is the planned CARVANA (CVNA) sale by BHJC Trust under Rule 10b5-1?

The filing notes a 10b5-1 Sales Plan for BHJC Trust for the sales during the past three months, but describes the proposed 50,000-share sale separately under Rule 144.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/01/2026 - 04:54 PM Accepted by SEC EDGAR 09/01/2026 - 04:53 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	0001700537
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	CARVANA CO
SEC File Number	001-38073
Address of Issuer	300 E. Rio Salado Parkway Tempe ARIZONA 85281
Phone	6029229866
Name of Person for Whose Account the Securities are To Be Sold	BHJC Trust
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	Officer

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	50000	3673000.00	719916415	09/01/2026	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	05/01/2024	Restricted Stock Units	Issuer			50000	05/01/2024	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 Plan for BHJC Trust 300 E. Rio Salado Parkway Tempe AZ 85281	COMMON	08/03/2026	50000	3224965.00
10b5-1 Sales Plan for BHJC Trust 300 E. Rio Salado Parkway Tempe AZ 85281	COMMON	07/01/2026	50000	3427290.00

144: Remarks and Signature

Remarks	The securities to be sold were acquired upon the vesting of restricted stock units during the period of 05/01/2024 through 05/01/2026.
Date of Notice	09/01/2026
Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1	12/13/2024
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	/s/ Benjamin E Huston
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)