Carvana (NYSE: CVNA) executive has 4,453 shares withheld for taxes
Filing Impact
Filing Sentiment
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 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 | 4,453 | $67.87 | $302K |
Holdings After Transaction:
Class A Common Stock — 350,057 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares withheld for taxes: 4,453 shares
Withholding price per share: $67.87 per share
Shares held after transaction: 350,057 shares
+2 more
5 metrics
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
Key Terms
tax-withholding disposition, restricted stock units, Class A Common Stock, Form 4
4 terms
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.
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.
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.