Form 144: RSUs and 10b5-1 Sales Reported for Carvana

Morgan Stanley Smith Barney LLC submitted a Form 144 reporting planned and recent sales of Carvana common stock linked to restricted stock units and 10b5-1 plans.

Rhea-AI Filing Summary

Morgan Stanley Smith Barney LLC submitted a Form 144 reporting planned and recent sales of Carvana common stock linked to restricted stock units and 10b5-1 plans. The filing lists 5,590 restricted stock units to be sold on 05/01/2026 and three 10b5-1 dispositions by Thomas Taira: 1,047 shares on 02/09/2026 (value $417,271.38), 953 shares on 03/09/2026 (value $309,725.00), and 3,770 shares on 04/08/2026 (value $1,285,570.00).

Insights

Securities Compliance Analyst

Routine Form 144 notices of planned/respective insider sales under 10b5-1 and scheduled RSU transactions.

The filing documents planned sales tied to 5,590 restricted stock units and three executed 10b5-1 sales by Thomas Taira totaling 5,770 shares across February–April 2026 with disclosed dollar values.

These are administrative resale notices; cash‑flow treatment and broader ownership figures are not stated in the excerpt. Subsequent filings or broker reports may show execution details.

Key Figures

Restricted Stock Units to be sold: 5,590 shares 10b5-1 sale (Feb 2026): 1,047 shares 10b5-1 sale (Mar 2026): 953 shares +2 more

5 metrics

Restricted Stock Units to be sold 5,590 shares to be sold on 05/01/2026

10b5-1 sale (Feb 2026) 1,047 shares sold on 02/09/2026, value $417,271.38

10b5-1 sale (Mar 2026) 953 shares sold on 03/09/2026, value $309,725.00

10b5-1 sale (Apr 2026) 3,770 shares sold on 04/08/2026, value $1,285,570.00

Total 10b5-1 shares reported 5,770 shares aggregate of three listed sales (Feb–Apr 2026)

Key Terms

10b5-1, Restricted Stock Units, Form 144

3 terms

10b5-1 regulatory

"10b5-1 Sales for THOMAS TAIRA 300 E. Rio Salado Pkwy"

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

"Restricted Stock Units | Issuer | 5,590 | 05/01/2026"

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.

Form 144 regulatory

"Filer Information | Issuer Information | Securities To Be Sold"

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.

FAQ

What does the CVNA Form 144 show about recent insider sales?

It reports three 10b5-1 sales by Thomas Taira totaling 5,770 shares. The filing lists sales of 1,047, 953, and 3,770 shares on specified February–April 2026 dates with provided dollar values.

How many restricted stock units are listed to be sold in the filing for CVNA?

The filing lists 5,590 restricted stock units to be sold on 05/01/2026. These RSUs are identified as issuer securities in the excerpt and carry the 05/01/2026 date.

What dollar values are disclosed for the 10b5-1 sales in the Form 144?

Each 10b5-1 sale includes a reported dollar value. The values shown are $417,271.38, $309,725.00, and $1,285,570.00 for the February, March, and April 2026 trades respectively.

Who is the broker or filer named on the Form 144 for CVNA?

Morgan Stanley Smith Barney LLC, Executive Financial Services at 1 New York Plaza, 8th Floor, New York, NY, is listed as the filer. That broker-dealer is identified in the filing excerpt.

Were the 10b5-1 sales reported in the filing pre-arranged?

The filing identifies the trades as 10b5-1 sales for Thomas Taira, indicating pre-arranged plans. The excerpt labels the transactions explicitly as 10b5-1 sales on their respective dates.

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

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Accepted by SEC EDGAR 05/08/2026 - 04:20 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	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	5590	2236111.80	143257677	05/08/2026	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	05/01/2026	Restricted Stock Units	Issuer			5590	05/01/2026	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	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
10b5-1 Sales for THOMAS TAIRA 300 E. Rio Salado Parkway Tempe AZ 85281	Common	02/09/2026	1047	417271.38

144: Remarks and Signature

Remarks
Date of Notice	05/08/2026
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)