STOCK TITAN

RSUs planned, 10b5-1 insider sales reported for Carvana (CVNA)

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

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).

Positive

  • None.

Negative

  • None.

Insights

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.

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)
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.

144: Filer Information

144: Issuer Information

144: Securities Information



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


* 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

144: Remarks and Signature

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.