Carvana (NYSE: CVNA) officer reports 774-share tax withholding and holds 80,168 shares

Rhea-AI Filing Summary

Carvana Co. insider reports tax-related share withholding

A Carvana Co. officer reported a routine change in ownership of Class A common stock. On 12/01/2025, 774 shares of Class A common stock were disposed of at a price of $375.26 per share, identified in the filing as shares withheld to cover taxes upon the vesting of restricted stock units from various awards. After this transaction, the reporting person beneficially owns 80,168 shares of Class A common stock in direct form.

The reporting person serves as Carvana’s Vice President, General Counsel, Secretary, and Chief Compliance Officer, and filed this Form 4 individually rather than as part of a group.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider BREAUX PAUL W.

Role See Remarks

Type	Security	Shares	Price	Value
Tax Withholding	Class A Common Stock	774	$375.26	$290K

Holdings After Transaction: Class A Common Stock — 80,168 shares (Direct)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

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^*

BREAUX PAUL W.

(Last) (First) (Middle)

C/O CARVANA CO.

300 E. RIO SALADO PKWY

(Street)

TEMPE AZ 85281

(City) (State) (Zip)

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)
	See Remarks

3. Date of Earliest Transaction (Month/Day/Year)
12/01/2025

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

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

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

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	12/01/2025		F		774(1)	D	$375.26	80,168	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.

Remarks:

Vice President, General Counsel, Secretary, and Chief Compliance Officer

	/s/ Paul Breaux	12/02/2025
	** 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.

FAQ

What insider transaction did Carvana (CVNA) report in this Form 4?

A Carvana Co. officer reported the disposition of 774 shares of Class A common stock on 12/01/2025, tied to tax withholding on vested restricted stock units.

What was the price per share for the Carvana (CVNA) insider transaction?

The reported transaction in Carvana Class A common stock used a price of $375.26 per share for the 774 shares disposed of.

How many Carvana (CVNA) shares does the insider own after the reported transaction?

Following the reported transaction, the insider beneficially owns 80,168 shares of Carvana Class A common stock, held directly.

Why were the 774 Carvana (CVNA) shares disposed of by the insider?

The 774 shares of Carvana Class A common stock represent shares withheld for taxes upon vesting of restricted stock units pursuant to various awards.

What is the role of the reporting person at Carvana (CVNA)?

The reporting person serves as Carvana’s Vice President, General Counsel, Secretary, and Chief Compliance Officer.

Is this Carvana (CVNA) Form 4 filed by multiple reporting persons?

No. The Form 4 is indicated as filed by one reporting person, not by more than one reporting person.