Carvana CFO has 1,405 shares withheld for taxes

Carvana Co.'s Chief Financial Officer Mark W. Jenkins reported a routine tax-withholding event involving company stock.

Rhea-AI Filing Summary

Carvana Co.'s Chief Financial Officer Mark W. Jenkins reported a routine tax-withholding event involving company stock. On the reported date, 1,405 shares of Class A Common Stock were withheld at $382.60 per share to cover taxes due upon vesting of restricted stock units.

These shares were not sold in an open-market transaction but used to satisfy tax obligations tied to equity compensation. After this withholding, Jenkins directly holds 208,722 shares of Carvana Class A Common Stock, indicating he retains a substantial equity position.

Insider Trade Summary

Exercise Price or Tax Liability: 1,405 shares

Exercise Price or Tax Liability 1 txn

Insider JENKINS MARK W.

Role Chief Financial Officer

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Class A Common Stock	1,405	$382.60	$538K

Holdings After Transaction: Class A Common Stock — 208,722 shares (Direct)

Footnotes (1)

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.

Key Figures

Shares withheld for taxes: 1,405 shares Withholding price per share: $382.60 per share Shares held after transaction: 208,722 shares

3 metrics

Shares withheld for taxes 1,405 shares Class A Common Stock withheld for RSU tax obligations

Withholding price per share $382.60 per share Value used for 1,405 withheld shares

Shares held after transaction 208,722 shares Directly held Carvana Class A shares after withholding

Key Terms

restricted stock units, Class A Common Stock, tax-withholding disposition

3 terms

restricted stock units financial

"withheld for taxes upon vesting of restricted stock units pursuant to various awards"

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

"Represents total number of shares of Class A Common Stock of the Issuer withheld for taxes"

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.

tax-withholding disposition financial

"transaction_action: tax-withholding disposition for 1,405 shares at $382.6000"

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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Carvana (CVNA) CFO Mark W. Jenkins report on this Form 4?

Carvana CFO Mark W. Jenkins reported a tax-related share disposition. 1,405 Class A shares were withheld at $382.60 per share to cover taxes upon restricted stock unit vesting, leaving him with 208,722 directly held shares afterward.

Was the Carvana (CVNA) CFO’s Form 4 transaction an open-market stock sale?

No, the transaction was not an open-market sale. The 1,405 Class A shares were withheld by Carvana to satisfy tax obligations on vested restricted stock units, as described in the footnote, rather than sold on the open market.

How many Carvana (CVNA) shares were withheld for taxes in this filing?

The filing shows 1,405 shares of Carvana Class A Common Stock withheld for taxes. These shares were tied to vesting of restricted stock units and were used to pay tax liabilities associated with those equity awards, per the Form 4 disclosure footnote.

How many Carvana (CVNA) shares does the CFO hold after this Form 4 event?

After the tax-withholding transaction, the CFO directly holds 208,722 Carvana Class A shares. This post-transaction balance in the Form 4 shows he retains a significant ongoing equity stake despite the tax-related share disposition.

What does the footnote in the Carvana (CVNA) Form 4 explain about the shares?

The footnote explains that the 1,405 shares represent Class A Common Stock withheld for taxes upon vesting of restricted stock units from various awards. This clarifies the disposition was to cover tax liability rather than a discretionary stock sale.

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

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Accepted by SEC EDGAR 05/05/2026 - 04:11 PM EDT Learn about SEC filing dates

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^*

JENKINS MARK 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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Financial Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/01/2026

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	05/01/2026		F(1)		1,405	D	$382.6	208,722	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:

	/s/ Paul Breaux, by Power of Attorney for Mark W. Jenkins	05/05/2026
	** 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)