STOCK TITAN

Carvana (NYSE: CVNA) executive has 4,453 shares withheld for taxes

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Carvana Co. executive Paul W. Breaux reported a tax-withholding disposition related to equity compensation. The company withheld 4,453 shares of Class A Common Stock at $67.87 per share to cover taxes due upon vesting of restricted stock units under various awards.

These shares were not sold in the open market but were retained by the issuer to satisfy tax obligations. After this withholding, Breaux directly holds 350,057 shares of Carvana Class A Common Stock, indicating he continues to maintain a substantial equity position.

Positive

  • None.

Negative

  • None.
Insider BREAUX PAUL W.
Role See Remarks
Type Security Shares Price Value
Tax Withholding Class A Common Stock 4,453 $67.87 $302K
Holdings After Transaction: Class A Common Stock — 350,057 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares withheld for taxes 4,453 shares Class A Common Stock withheld for RSU tax on 2026-07-01
Withholding price per share $67.87 per share Value applied to tax-withholding disposition
Shares held after transaction 350,057 shares Direct holdings of Class A Common Stock following withholding
Tax-withholding transactions 1 transaction Count of F-code tax-withholding dispositions in this filing
Shares in tax withholding summary 4,453 shares TaxWithholdingShares in transaction summary
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
restricted stock units financial
"withheld for taxes upon vesting of restricted stock units pursuant"
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.
Class A Common Stock financial
"security_title": "Class A Common Stock""
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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 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)
Director10% Owner
XOfficer (give title below)Other (specify below)
See Remarks
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Class A Common Stock07/01/2026F4,453(1)D$67.87350,057D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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 Breaux07/02/2026
** Signature of Reporting PersonDate
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)

FAQ

What insider transaction did Carvana (CVNA) report for Paul W. Breaux?

Carvana reported that executive Paul W. Breaux had 4,453 shares of Class A Common Stock withheld to cover taxes on vesting restricted stock units. This is a tax-withholding disposition, not an open-market share sale, and reflects routine equity compensation mechanics.

Was the Carvana (CVNA) insider transaction a stock sale on the market?

No, the transaction was not an open-market sale. Carvana withheld 4,453 shares from Paul W. Breaux at $67.87 per share to satisfy tax obligations when his restricted stock units vested, with the shares going back to the issuer.

How many Carvana (CVNA) shares does Paul W. Breaux hold after this filing?

After the tax-withholding disposition, Paul W. Breaux directly holds 350,057 shares of Carvana Class A Common Stock. This figure reflects his remaining equity position following the withholding of 4,453 shares for tax purposes tied to vesting restricted stock units.

What does transaction code F mean in the Carvana (CVNA) Form 4?

Transaction code F indicates a tax-withholding disposition, where shares are delivered to the issuer to pay exercise price or tax liabilities. In this case, 4,453 shares were withheld from Paul W. Breaux upon vesting of restricted stock units, rather than sold on the market.

What price was used for the Carvana (CVNA) tax-withholding shares?

The shares withheld from Paul W. Breaux for taxes were valued at $67.87 per share. This price was applied to 4,453 shares of Class A Common Stock that the issuer retained to satisfy tax obligations arising from vesting restricted stock unit awards.