Carvana (NYSE: CVNA) grants 80,547 RSU-linked shares to President, Special Projects

Rhea-AI Filing Summary

CARVANA CO. reported that President, Special Projects Taira Thomas acquired 80,547 shares of Class A Common Stock on August 3, 2026, representing shares underlying restricted stock units that vest 25% on April 1, 2027 and monthly thereafter for three years, subject to continued service. On August 1, 2026, 3,948 shares of Class A Common Stock were withheld at $62.36 per share to satisfy tax obligations upon vesting of restricted stock units. The filing indicates these transactions were not made under a Rule 10b5-1 trading plan.

Insider Trade Summary

Net Buyer: 76,599 shares

Net Buy 2 txns

Insider Taira Thomas

Role President, Special Projects

Type	Security	Shares	Price	Value
Grant/Award	Class A Common Stock F2	80,547	$0.00	$0.00
Tax Withholding	Class A Common Stock F1	3,948	$62.36	$246K

Holdings After Transaction: Class A Common Stock — 387,725 shares (Direct)

Footnotes (2)

1. F1. Represents total number of shares of Class A Common Stock of the Issuer withheld for taxes upon vesting of restricted stock units pursuant to various awards.
2. F2. Represents shares of Class A Common Stock of Carvana Co. (the "Issuer") underlying restricted stock units acquired by the Reporting Person. The restricted stock units vest 25% on April 1, 2027 and monthly thereafter for the following three years, subject to the Reporting Person's continued service with the Issuer.

Key Figures

RSU-linked shares granted: 80,547 shares Shares withheld for taxes: 3,948 shares Tax withholding price: $62.36 per share +1 more

4 metrics

RSU-linked shares granted 80,547 shares Class A Common Stock underlying restricted stock units acquired on August 3, 2026

Shares withheld for taxes 3,948 shares Class A Common Stock withheld for tax obligations on August 1, 2026

Tax withholding price $62.36 per share Per-share value used for 3,948 shares withheld for taxes on August 1, 2026

Initial vesting date April 1, 2027 Date when 25% of the restricted stock units are scheduled to vest

Key Terms

restricted stock units, vest, withheld for taxes

3 terms

restricted stock units financial

"underlying restricted stock units acquired by the Reporting Person."

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.

vest financial

"The restricted stock units vest 25% on April 1, 2027 and monthly thereafter"

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

withheld for taxes financial

"shares of Class A Common Stock of the Issuer withheld for taxes upon vesting"

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

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 08/04/2026 - 05:04 PM Accepted by SEC EDGAR 08/04/2026 - 05:04 PM Learn about SEC filing dates

FAQ

What insider transactions did Carvana (CVNA) report for Taira Thomas?

Carvana reported that executive Taira Thomas received 80,547 shares of Class A Common Stock underlying restricted stock units and had 3,948 shares withheld to cover taxes related to restricted stock unit vesting in early August 2026.

How many Carvana (CVNA) shares were granted to Taira Thomas in this Form 4?

The Form 4 shows an acquisition of 80,547 shares of Class A Common Stock underlying restricted stock units. These restricted stock units vest 25% on April 1, 2027 and then monthly for three years, conditioned on Thomas’s continued service with Carvana.

What is the vesting schedule for the Carvana (CVNA) restricted stock units granted to Taira Thomas?

The restricted stock units underlying 80,547 shares vest 25% on April 1, 2027, with the remaining units vesting monthly over the following three years, provided Taira Thomas continues to serve at Carvana during that period.

Why were 3,948 Carvana (CVNA) shares withheld from Taira Thomas?

The filing states that 3,948 shares of Class A Common Stock were withheld for taxes at $62.36 per share on August 1, 2026, to satisfy tax liabilities arising from the vesting of restricted stock units previously awarded to Taira Thomas.

Were the reported Carvana (CVNA) insider transactions under a Rule 10b5-1 plan?

No. The Form 4’s Rule 10b5-1 checkbox is marked as not affirming a trading plan, indicating the reported award and tax-withholding transactions were not executed pursuant to a Rule 10b5-1 pre-arranged trading plan.

What role does Taira Thomas hold at Carvana (CVNA) in this Form 4?

The reporting person, Taira Thomas, is identified as Carvana’s President, Special Projects. The disclosed equity transactions involve Class A Common Stock and restricted stock units associated with this executive compensation role at the company.

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^*

Taira Thomas

(Last) (First) (Middle)

300 E. RIO SALADO PKWY

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President, Special Projects

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/01/2026

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)

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	08/01/2026		F		3,948(1)	D	$62.36	307,178	D
Class A Common Stock	08/03/2026		A		80,547(2)	A	$0	387,725	D

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. Represents total number of shares of Class A Common Stock of the Issuer withheld for taxes upon vesting of restricted stock units pursuant to various awards.

2. Represents shares of Class A Common Stock of Carvana Co. (the "Issuer") underlying restricted stock units acquired by the Reporting Person. The restricted stock units vest 25% on April 1, 2027 and monthly thereafter for the following three years, subject to the Reporting Person's continued service with the Issuer.

Remarks:

	/s/ Paul Breaux, by Power of Attorney for Thomas Taira	08/04/2026
	** 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)