Large CVNA (NYSE: CVNA) holder files to sell 10,000 shares via Form 144

Rhea-AI Filing Summary

A holder associated with CVNA has filed a Form 144 to potentially sell 10,000 shares of common stock on the NYSE through Morgan Stanley Smith Barney LLC. The shares are planned for sale around 02/02/2026 and have an indicated aggregate market value of 4,011,100.00.

The 10,000 shares were acquired on 02/02/2026 via a cash exercise of stock options. The filing also lists prior sales under a Rule 10b5-1 sales plan for BHJC Trust over the past three months, including multiple transactions of 10,000 to 40,000 common shares with multi‑million dollar gross proceeds.

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	10000	4011100.00	141423193	02/02/2026	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	02/02/2026	Exercise of Stock Options	Issuer			10000	02/02/2026	Cash

* 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	01/02/2026	10000	4019355.00
10b5-1 Sales Plan for BHJC Trust 300 E. Rio Salado Parkway Tempe AZ 85281	COMMON	12/12/2025	20000	9500000.00
10b5-1 Sales Plan for BHJC Trust 300 E. Rio Salado Parkway Tempe AZ 85281	COMMON	12/08/2025	40000	17580000.00
10b5-1 Sales Plan for BHJC Trust 300 E. Rio Salado Parkway Tempe AZ 85281	COMMON	12/01/2025	10000	3771101.00
10b5-1 Sales Plan for BHJC Trust 300 E. Rio Salado Parkway Tempe AZ 85281	COMMON	11/03/2025	10000	3245730.00

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 CVNA Form 144 filing disclose about planned share sales?

The Form 144 shows a plan to sell 10,000 CVNA common shares on the NYSE through Morgan Stanley Smith Barney LLC, with an indicated aggregate market value of 4,011,100.00, based on information provided for the anticipated sale date around 02/02/2026.

How were the 10,000 CVNA shares in the new Form 144 acquired?

The 10,000 CVNA shares were acquired on 02/02/2026 through an exercise of stock options. The filing states that the issuer was the source of the shares and notes that the purchase price was paid in cash on the same date.

What does the CVNA Form 144 say about recent BHJC Trust stock sales?

The filing lists a Rule 10b5-1 sales plan for BHJC Trust with several CVNA common stock sales over three months, including 10,000 to 40,000 shares per trade and gross proceeds figures such as 17,580,000.00 and 9,500,000.00 for larger transactions.

On which exchange are the CVNA shares in this Form 144 expected to trade?

The Form 144 identifies the NYSE as the securities exchange for the planned CVNA share sale. It specifies that 10,000 common shares are to be sold through Morgan Stanley Smith Barney LLC, with the NYSE named as the trading venue.

How many CVNA shares are noted as outstanding in the Form 144 filing?

The filing states that there are 141,423,193 CVNA common shares outstanding. This figure provides context for the 10,000-share planned sale but represents the broader share base of the issuer as reflected in the Form 144 disclosure.

What representation does the seller make in the CVNA Form 144 notice?

By signing the notice, the seller represents that they do not know any material adverse information about the issuer’s current or prospective operations that has not been publicly disclosed, as required in the standard Form 144 attestation language.