Carvana COO granted RSUs, trades 50,000 shares
Carvana Co. Chief Operating Officer Benjamin E. Huston was granted 133,972 shares of Class A Common Stock underlying restricted stock units on August 3, 2026, vesting 25% on April 1, 2027 and monthly thereafter for three years.
Rhea-AI Filing Summary
Carvana Co. Chief Operating Officer Benjamin E. Huston was granted 133,972 shares of Class A Common Stock underlying restricted stock units on August 3, 2026, vesting 25% on April 1, 2027 and monthly thereafter for three years. On August 1, 2026, 7,018 shares were withheld to cover taxes upon restricted stock unit vesting. On August 3, 2026, he sold 50,000 shares of Class A Common Stock in open-market transactions under a Rule 10b5-1 trading plan at volume-weighted average prices of $63.18, $64.14, $65.06 and $65.81 per share.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock F2 | 133,972 | $0.00 | $0.00 |
| Sale | Class A Common Stock F3, F4, F5 | 6,320 | $63.18 | $399K |
| Sale | Class A Common Stock F3, F4, F6 | 22,144 | $64.14 | $1.42M |
| Sale | Class A Common Stock F3, F4, F7 | 15,920 | $65.06 | $1.04M |
| Sale | Class A Common Stock F3, F4, F8 | 5,616 | $65.81 | $370K |
| Tax Withholding | Class A Common Stock F1 | 7,018 | $62.36 | $438K |
Footnotes (8)
- 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.
- 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.
- F3. The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 13, 2024 (the "10b5-1 Plan").
- F4. The price reported above reflects the volume weighted average sale 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.
- F5. This transaction was executed in multiple trades at prices ranging from $62.55 to $63.54 inclusive.
- F6. This transaction was executed in multiple trades at prices ranging from $63.55 to $64.54 inclusive.
- F7. This transaction was executed in multiple trades at prices ranging from $64.55 to $65.54 inclusive.
- F8. This transaction was executed in multiple trades at prices ranging from $65.62 to $66.08 inclusive.
Key Figures
Key Terms
restricted stock units financial
Rule 10b5-1 trading plan regulatory
volume weighted average sale price financial
Class A Common Stock financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity award did Carvana (CVNA) grant to COO Benjamin Huston?
Were the Carvana (CVNA) insider stock sales made under a Rule 10b5-1 plan?
When do the newly granted Carvana (CVNA) RSUs to the COO vest?
AI-generated analysis. How Rhea-AI works. Not financial advice.