Carvana: Gill family trust proposes $18.1M share sale

Morgan Stanley Smith Barney LLC is named as broker, and the notice lists November 3, 2026 as the approximate sale date.

Available on EDGAR 11/03/2026 - 04:31 PM EST Accepted by SEC EDGAR 11/03/2026 - 04:31 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

Carvana Co. (CVNA) is named in a Rule 144 notice of a proposed sale by the Daniel and Lian Gill Family Trust of 253,639 common shares, with an aggregate market value of $18,123,901.56. Morgan Stanley Smith Barney LLC is listed as broker, and the approximate sale date is November 3, 2026. The shares are described as restricted stock vesting under a registered plan; Daniel J Gill signed as trustee.

Key Figures

Shares proposed for sale: 253,639 common shares Aggregate market value: $18,123,901.56 Approximate sale date: November 3, 2026

3 metrics

Shares proposed for sale 253,639 common shares Proposed sale by the Daniel and Lian Gill Family Trust

Aggregate market value $18,123,901.56 Proposed sale of common shares

Approximate sale date November 3, 2026 Proposed sale of common shares

Key Terms

Rule 144, restricted stock vesting, registered plan

3 terms

Rule 144 regulatory

"See the definition of "person" in paragraph (a) of Rule 144"

Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.

restricted stock vesting financial

"Restricted Stock Vesting Under a Registered Plan"

Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.

registered plan financial

"Restricted Stock Vesting Under a Registered Plan"

A registered plan is a savings or investment account that a government recognizes for special tax treatment and rules, such as limits on how much you can put in and conditions for withdrawals. For investors it matters because those rules change how much of your gains are taxed, how quickly your money can be accessed and what strategies make sense — like a labeled jar that gives tax breaks but comes with rules about when and how you can take the money out.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many CVNA shares does the Daniel and Lian Gill Family Trust propose to sell?

The notice lists a proposed sale of 253,639 Carvana Co. common shares.

What is the stated value of the proposed CVNA share sale?

The proposed sale has an aggregate market value of $18,123,901.56.

Which broker is listed for the proposed CVNA share sale, and when is it scheduled?

Morgan Stanley Smith Barney LLC is listed as broker, and the approximate sale date is November 3, 2026.

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

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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	0001700538
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	(602) 922-9866
Name of Person for Whose Account the Securities are To Be Sold	DANIEL AND LIAN GILL FAMILY TRUST
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	253639	18123901.56	722713745	11/03/2026	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	07/01/2024	Restricted Stock Vesting Under a Registered Plan	Issuer			253639	07/01/2024	Compensation

* 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

Nothing to Report

144: Remarks and Signature

Remarks
Date of Notice	11/03/2026
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/ Daniel J Gill, Trustee
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)