Morgan Stanley files Form 144 for 5,597 CVNA RSUs

Morgan Stanley Smith Barney LLC submitted a Form 144 notice related to the proposed sale of 5,597 Common shares issued as Restricted Stock Units, dated 06/01/2026.

Rhea-AI Filing Summary

Morgan Stanley Smith Barney LLC submitted a Form 144 notice related to the proposed sale of 5,597 Common shares issued as Restricted Stock Units, dated 06/01/2026. The filing lists recent 10b5-1 dispositions by Thomas Taira: 5,590 shares sold on 05/08/2026 for $447,018.33, 3,770 shares sold on 04/08/2026 for $1,285,570.00, and 953 shares sold on 03/09/2026 for $309,725.00.

Insights

Equity Compliance Specialist

Form 144 records proposed resale of RSUs and recent 10b5-1 sales by the reporting person.

The notice lists 5,597 Restricted Stock Units proposed for sale on 06/01/2026 and documents prior automatic sales under a 10b5-1 plan by Thomas Taira on three dates with exact share counts and gross proceeds. The entries identify the broker as Morgan Stanley Smith Barney LLC and the security as Common stock trading on the NYSE.

These items are procedural compliance disclosures; cash‑flow treatment and whether the current sale is under a plan or discretionary authority are not specified in the excerpt. Subsequent filings or broker confirmations would show settlement details.

Key Figures

Proposed RSUs to be sold: 5,597 shares 10b5-1 sale on 05/08/2026: 5,590 shares 10b5-1 sale on 04/08/2026: 3,770 shares +1 more

4 metrics

Proposed RSUs to be sold 5,597 shares Restricted Stock Units dated 06/01/2026

10b5-1 sale on 05/08/2026 5,590 shares Gross proceeds <money>$447,018.33</money>

10b5-1 sale on 04/08/2026 3,770 shares Gross proceeds <money>$1,285,570.00</money>

10b5-1 sale on 03/09/2026 953 shares Gross proceeds <money>$309,725.00</money>

Key Terms

Form 144, 10b5-1, Restricted Stock Units

3 terms

Form 144 regulatory

"submitted a Form 144 notice related to the proposed sale"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

10b5-1 regulatory

"10b5-1 Sales for THOMAS TAIRA listed on the filing"

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.

Restricted Stock Units financial

"Securities To Be Sold: Restricted Stock Units dated 06/01/2026"

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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does the Form 144 for CVNA list?

The Form 144 lists a proposed resale of 5,597 Common shares from Restricted Stock Units dated 06/01/2026. It also records prior 10b5-1 sales by Thomas Taira with share counts and gross proceeds.

Who is the broker handling the proposed sale in the CVNA filing?

The filing names Morgan Stanley Smith Barney LLC as the broker handling the transaction. The entry provides broker address details and identifies the security as Common stock on the NYSE.

What 10b5-1 sales by Thomas Taira are disclosed in the CVNA excerpt?

The excerpt discloses three 10b5-1 sales: 953 shares on 03/09/2026 for $309,725.00; 3,770 shares on 04/08/2026 for $1,285,570.00; and 5,590 shares on 05/08/2026 for $447,018.33.

Do these entries state net proceeds or withholding for the CVNA transactions?

The excerpt reports gross proceeds for each 10b5-1 sale (e.g., $1,285,570.00) and the proposed RSU share count. It does not state net proceeds, tax withholding, or settlement instructions in the provided text.

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

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Accepted by SEC EDGAR 06/08/2026 - 04:35 PM EDT 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	0001607889
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	THOMAS TAIRA
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	5597	372256.47	143257677	06/08/2026	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	06/01/2026	Restricted Stock Units	Issuer			5597	06/01/2026	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	05/08/2026	5590	447018.33
10b5-1 Sales for THOMAS TAIRA 300 E. Rio Salado Parkway Tempe AZ 85281	Common	04/08/2026	3770	1285570.00
10b5-1 Sales for THOMAS TAIRA 300 E. Rio Salado Parkway Tempe AZ 85281	Common	03/09/2026	953	309725.00

144: Remarks and Signature

Remarks
Date of Notice	06/08/2026
Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1	08/08/2025
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/ Thomas Taira
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)