Carvana (NYSE: CVNA) insider Mark Jenkins files to sell 12,750 shares
Rhea-AI Filing Summary
Carvana (CVNA) insider Mark Jenkins has filed a notice to sell up to 12,750 shares of common stock under Rule 144. The shares are to be sold through Morgan Stanley Smith Barney LLC on the NYSE, with an aggregate market value listed as $5,380,755.00. The filing notes that 141,423,193 common shares were outstanding.
The 12,750 shares were acquired on 01/02/2026 by exercising stock options, paid for in cash on the same date. The filing also reports prior Rule 10b5-1 sales for Mark Jenkins in the past three months: 12,750 common shares on 11/03/2025 for gross proceeds of $4,122,756.80 and 12,750 common shares on 12/01/2025 for gross proceeds of $4,794,934.50. The signer represents that they are not aware of undisclosed material adverse information about the issuer.
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FAQ
What prior Carvana (CVNA) stock sales are reported for the past three months?
The filing lists prior Rule 10b5-1 sales for Mark Jenkins in the last three months: 12,750 common shares sold on 11/03/2025 for gross proceeds of $4,122,756.80, and 12,750 common shares sold on 12/01/2025 for gross proceeds of $4,794,934.50.
What trading arrangements are referenced in the CVNA Form 144 filing?
The section on securities sold during the past three months describes the transactions as 10b5-1 sales for Mark Jenkins, indicating that the prior sales were made under a written trading plan or instructions intended to comply with Rule 10b5-1.
What representation does the seller make about information on Carvana (CVNA)?
By signing the notice, the person for whose account the securities are to be sold represents that they do not know any material adverse information about the issuer’s current or prospective operations that has not been publicly disclosed.