50,000-share sale by CVNA (CVNA) after option exercise; recent 10b5-1 sales noted

Rhea-AI Filing Summary

CVNA proposes sale of 50,000 shares of Common Stock following exercise of stock options on 06/01/2026. The filing lists the 50,000-share sale as an issuer exercise-for-cash transaction dated 06/01/2026. The filing also records three prior 10b5-1 sales of 10,000 shares each on 05/01/2026, 04/01/2026 and 03/02/2026, with proceeds shown as $3,849,572, $3,098,610 and $3,226,689 respectively. Shares outstanding are listed as 143,257,677 as of 06/01/2026 for context.

Key Figures

Proposed sale: 50,000 shares 10b5-1 sales (May 2026): 10,000 shares 10b5-1 sales (Apr 2026): 10,000 shares +2 more

5 metrics

Proposed sale 50,000 shares Exercise of stock options on 06/01/2026

10b5-1 sales (May 2026) 10,000 shares Sale on 05/01/2026; proceeds <money>$3,849,572</money>

10b5-1 sales (Apr 2026) 10,000 shares Sale on 04/01/2026; proceeds <money>$3,098,610</money>

10b5-1 sales (Mar 2026) 10,000 shares Sale on 03/02/2026; proceeds <money>$3,226,689</money>

Shares outstanding 143,257,677 shares As of 06/01/2026

Key Terms

Form 144, 10b5-1 Sales Plan, Exercise of Stock Options

3 terms

Form 144 regulatory

"144: Filer Information 144: Issuer Information 144: Securities Information"

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 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.

Exercise of Stock Options financial

"Securities To Be Sold Common 06/01/2026 Exercise of Stock Options"

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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	50000	3650000.00	143257677	06/01/2026	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	06/01/2026	Exercise of Stock Options	Issuer			50000	06/01/2026	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	05/01/2026	10000	3849572.00
10b5-1 Sales Plan for BHJC Trust 300 E. Rio Salado Parkway Tempe AZ 85281	COMMON	04/01/2026	10000	3098610.00
10b5-1 Sales Plan for BHJC Trust 300 E. Rio Salado Parkway Tempe AZ 85281	COMMON	03/02/2026	10000	3226689.00

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 disclose about the 50,000 shares?

The Form 144 discloses a proposed sale of 50,000 shares of Common Stock following an exercise of stock options on 06/01/2026. The sale is described as an issuer exercise-for-cash transaction dated 06/01/2026.

Did CVNA report any recent 10b5-1 sales in the filing?

Yes. The filing lists three recent 10b5-1 sales of 10,000 shares each on 05/01/2026, 04/01/2026, and 03/02/2026, with proceeds shown as $3,849,572, $3,098,610, and $3,226,689.

What baseline share count does the filing show for CVNA?

The filing lists 143,257,677 shares outstanding as of 06/01/2026. This figure is presented in the excerpt as a context number tied to that date.

Who is the reported seller or plan referenced in the Form 144?

The excerpt references a 10b5-1 Sales Plan for BHJC Trust at an address in Tempe, AZ for the prior monthly sales. The 50,000-share item is shown as an exercise of stock options by the issuer on 06/01/2026.

Are proceeds or sale methods specified for the 50,000-share transaction?

The 50,000-share line is labeled as an exercise of stock options and shows Cash as the consideration method. No additional distribution mechanics or pricing details appear in the provided excerpt.