[144] CARVANA CO. SEC Filing
Carvana (CVNA) reported a Form 144 notice for a proposed sale of 2,500 common shares, reflecting an aggregate market value of $850,000.00. The filing lists Morgan Stanley Smith Barney LLC Executive Financial Services as broker and the NYSE as the exchange, with an approximate sale date of 11/12/2025. Shares outstanding were 141,423,193.
The shares were acquired on 05/01/2024 through restricted stock vesting under a registered plan. In the past three months, the Gregory B. Sullivan Revocable Trust sold 2,500 shares on 11/04/2025 for $805,506.75. This notice reflects an intent to sell in accordance with Rule 144.
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Insights
Routine Rule 144 notice for a modest insider sale.
This is a standard Form 144 indicating an intention to sell 2,500 Carvana common shares. Rule 144 filings are notices; actual sales can differ based on market conditions and the rule’s volume and manner-of-sale limits.
The shares stem from restricted stock vesting under a registered plan dated 05/01/2024. The filing also lists a prior sale of 2,500 shares on 11/04/2025 for $805,506.75. The notice specifies NYSE as the venue and Morgan Stanley Smith Barney LLC EFS as broker.
Impact is typically administrative; any market effect depends on execution and trading volume disclosures in future reports.