Carvana director Maroone corrects stock holdings

The amendment corrects previously reported holdings for a calculation error and omission of Carvana's May 7, 2026 five-for-one forward split.

This filing corrects an earlier one, and you can read the original Form 4 if you want to see what changed.

Rhea-AI Filing Summary

Carvana Co. director Michael E. Maroone reported two direct purchases of Class A common stock on July 31, 2026: 21,153 shares at a volume-weighted average price of $61.69 and 3,847 shares at $62.40. The first purchase was executed at prices ranging from $61.28 to $62.25, and the second at prices ranging from $62.29 to $62.50. Corrected ownership figures list 225,000 shares held by Michael Maroone Family Partnership, LP and 1,320 shares held by Family Trust FBO Michael E. Maroone. The amendment corrects previously reported holdings after a calculation error and omission of the May 7, 2026 five-for-one forward stock split. The first purchase was matched against a sale of 5 shares within the preceding six months; Maroone paid Carvana $64.87 in short-swing profits, and no further disgorgement is owed.

Insider Trade Summary

Net Buyer: 25,000 shares

Net Buy 4 txns

Insider MAROONE MICHAEL E

Role Director

Bought 25,000 shs ($1.54M)

Type	Security	Shares	Price	Value
Purchase	Class A Common Stock F1, F2, F3, F4	21,153	$61.69	$1.30M
Purchase	Class A Common Stock F2, F5, F4	3,847	$62.40	$240K
holding	Class A Common Stock F4, F6	--	--	--
holding	Class A Common Stock F4, F7	--	--	--

Holdings After Transaction: Class A Common Stock — 749,045 shares (Direct); Class A Common Stock — 225,000 shares (Indirect, Michael Maroone Family Partnership, LP); Class A Common Stock — 1,320 shares (Indirect, By Family Trust FBO Michael E. Maroone)

Footnotes (7)

1. F1. The Reporting Person realized short-swing profits under Section 16(b) as a result of the purchase reported on this Form 4 being matched against the sale of 5 shares of the Issuer's Class A common stock within the preceding six months. Prior to filing, the Reporting Person paid Carvana Co. the full $64.87 in disgorgeable profits; no further disgorgement is owed.
2. F2. The price reported above reflects the volume weighted average purchase price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price.
3. F3. This transaction was executed in multiple trades at prices ranging from $61.28 to $62.25, inclusive.
4. F4. Due to a calculation error, the Form 4 filed August 4, 2026 incorrectly reported the shares of Class A common stock held directly by the Reporting Person and the Form 4 further did not reflect the five for one forward stock split conducted by the Issuer on May 7, 2026. This amended Form 4 is filed solely to reflect the corrected ownership holdings.
5. F5. This transaction was executed in multiple trades at prices ranging from $62.29 to $62.50, inclusive.
6. F6. Represents shares held directly by the Michael Maroone Family Partnership, LP, an entity controlled by the Reporting Person.
7. F7. Represents shares held directly by the Family Trust FBO Michael E. Maroone, where the Reporting Person is beneficiary and trustee.

Key Figures

Direct Class A shares purchased: 21,153 shares Volume-weighted average purchase price: $61.69 per share Direct Class A shares purchased: 3,847 shares +5 more

8 metrics

Direct Class A shares purchased 21,153 shares July 31, 2026

Volume-weighted average purchase price $61.69 per share July 31, 2026 purchase

Direct Class A shares purchased 3,847 shares July 31, 2026

Volume-weighted average purchase price $62.40 per share July 31, 2026 purchase

Class A shares held by Michael Maroone Family Partnership, LP 225,000 shares As of July 31, 2026

Class A shares held by Family Trust FBO Michael E. Maroone 1,320 shares As of July 31, 2026

Short-swing profits paid to Carvana $64.87 Payment reported with the first purchase

Shares in the sale matched against the first purchase 5 shares Sale within the preceding six months

Key Terms

short-swing profits, Section 16(b), volume weighted average purchase price, forward stock split

4 terms

short-swing profits regulatory

"realized short-swing profits under Section 16(b)"

Section 16(b) regulatory

"under Section 16(b) as a result of the purchase"

A federal rule that requires company insiders—like officers, directors and large shareholders—to return any profits made from buying and selling the company’s stock within a six-month window. It matters to investors because it discourages short-term trades that could exploit non-public information and helps protect outside shareholders by creating a simple, enforceable way to recover unfair gains, much like a rule stopping someone from flipping a limited-edition item for quick profit after getting early access.

volume weighted average purchase price financial

"reflects the volume weighted average purchase price"

The volume weighted average purchase price is the average price an investor paid for a security, calculated by giving more weight to prices where more shares were bought—so large trades move the average more than small ones. Investors use it like a cost-basis yardstick to see whether current market prices are above or below what they effectively paid, helping judge gains, losses, and whether to sell or add to a position.

forward stock split technical

"five for one forward stock split"

A forward stock split is when a company increases the number of its shares by dividing each existing share into smaller parts. This makes the stock price lower and more affordable for investors, similar to splitting a pizza into more slices so everyone can get a smaller piece. It doesn't change the company's total value, just how it's divided among shareholders.

FAQ

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

How many CVNA shares did director Michael E. Maroone purchase, and at what prices?

On July 31, 2026, Michael E. Maroone purchased 21,153 shares at a volume-weighted average price of $61.69 and 3,847 shares at $62.40. The respective trade-price ranges were $61.28 to $62.25 and $62.29 to $62.50.

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

Form 4 Insider Transactions: What Each Field Means →

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Available on EDGAR 10/05/2026 - 06:02 PM Accepted by SEC EDGAR 10/05/2026 - 06:01 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

MAROONE MICHAEL E

(Last) (First) (Middle)

C/O CARVANA CO.

300 E. RIO SALADO PARKWAY

(Street)

TEMPE ARIZONA 85281

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
CARVANA CO. [ CVNA ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/31/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)
08/04/2026

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	07/31/2026		P(1)		21,153	A	$61.69(2)(3)	745,198(4)	D
Class A Common Stock	07/31/2026		P		3,847	A	$62.4(2)(5)	749,045(4)	D
Class A Common Stock								225,000	I	Michael Maroone Family Partnership, LP(4)(6)
Class A Common Stock								1,320	I	By Family Trust FBO Michael E. Maroone(4)(7)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The Reporting Person realized short-swing profits under Section 16(b) as a result of the purchase reported on this Form 4 being matched against the sale of 5 shares of the Issuer's Class A common stock within the preceding six months. Prior to filing, the Reporting Person paid Carvana Co. the full $64.87 in disgorgeable profits; no further disgorgement is owed.

2. The price reported above reflects the volume weighted average purchase price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price.

3. This transaction was executed in multiple trades at prices ranging from $61.28 to $62.25, inclusive.

4. Due to a calculation error, the Form 4 filed August 4, 2026 incorrectly reported the shares of Class A common stock held directly by the Reporting Person and the Form 4 further did not reflect the five for one forward stock split conducted by the Issuer on May 7, 2026. This amended Form 4 is filed solely to reflect the corrected ownership holdings.

5. This transaction was executed in multiple trades at prices ranging from $62.29 to $62.50, inclusive.

6. Represents shares held directly by the Michael Maroone Family Partnership, LP, an entity controlled by the Reporting Person.

7. Represents shares held directly by the Family Trust FBO Michael E. Maroone, where the Reporting Person is beneficiary and trustee.

Remarks:

	/s/ Paul Breaux, by Power of Attorney for Michael E. Maroone	10/05/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)