Carvana director buys 25,000 Class A shares
Carvana Co. director Michael E. Maroone reported purchases of 25,000 Class A common shares on July 31, 2026, buying 21,153 shares at a volume-weighted average price of $61.69 and 3,847 shares at $62.40.
Rhea-AI Filing Summary
Carvana Co. director Michael E. Maroone reported purchases of 25,000 Class A common shares on July 31, 2026, buying 21,153 shares at a volume-weighted average price of $61.69 and 3,847 shares at $62.40. A prior 5-share sale within six months created Section 16(b) short-swing profits, and he has already paid Carvana $64.87 in disgorgeable profits. Reported indirect holdings include 45,000 shares through Michael Maroone Family Partnership, LP and 264 shares through a Family Trust.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary
Net Buyer: 25,000 shares
Net Buy
4 txns
Insider
MAROONE MICHAEL E
Role
Director
Bought
25,000 shs ($1.54M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A Common Stock F1, F2, F3 | 21,153 | $61.69 | $1.30M |
| Purchase | Class A Common Stock F2, F4 | 3,847 | $62.40 | $240K |
| holding | Class A Common Stock F5 | -- | -- | -- |
| holding | Class A Common Stock F6 | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 168,573 shares (Direct);
Class A Common Stock — 45,000 shares (Indirect, By Michael Maroone Family Partnership, LP);
Class A Common Stock — 264 shares (Indirect, By Family Trust FBO Michael E. Maroone)
Footnotes (6)
- F1. The Reporting Person realized short-swing profits under Section 16(b) as a result of the purchase reported on this Form 4 being matched against the sale of 5 shares of the Issuer's Class A common stock within the preceding six months. Prior to filing, the Reporting Person paid Carvana Co. the full $64.87 in disgorgeable profits; no further disgorgement is owed.
- F2. The price reported above reflects the volume weighted average purchase 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
- F3. This transaction was executed in multiple trades at prices ranging from $61.28 to $62.25, inclusive.
- F4. This transaction was executed in multiple trades at prices ranging from $62.29 to $62.50, inclusive.
- F5. Represents shares of Class A common stock held directly by the Michael Maroone Family Partnership, LP, an entity controlled by the Reporting Person.
- F6. Represents shares held directly by the Family Trust FBO Michael E. Maroone, where the Reporting Person is beneficiary and trustee.
Key Figures
Shares purchased: 21153.0000 shares
Additional shares purchased: 3847.0000 shares
Total shares purchased: 25000 shares
+3 more
6 metrics
Shares purchased
21153.0000 shares
Class A Common Stock bought on July 31, 2026 at $61.69 volume-weighted average price
Additional shares purchased
3847.0000 shares
Class A Common Stock bought on July 31, 2026 at $62.40 volume-weighted average price
Total shares purchased
25000 shares
Aggregate Class A Common Stock bought in reported transactions
Indirect partnership holdings
45000.0000 shares
Class A Common Stock held by Michael Maroone Family Partnership, LP after the transactions
Indirect trust holdings
264.0000 shares
Class A Common Stock held by Family Trust FBO Michael E. Maroone after the transactions
Short-swing profits paid
$64.87
Amount paid to Carvana Co. as disgorgeable profits under Section 16(b)
Key Terms
short-swing profits, Section 16(b), volume weighted average purchase price, disgorgeable profits
4 terms
short-swing profits regulatory
"realized short-swing profits under Section 16(b) as a result of the purchase"
Section 16(b) regulatory
"realized short-swing profits under Section 16(b) as a result of the purchase"
A federal rule that requires company insiders—like officers, directors and large shareholders—to return any profits made from buying and selling the company’s stock within a six-month window. It matters to investors because it discourages short-term trades that could exploit non-public information and helps protect outside shareholders by creating a simple, enforceable way to recover unfair gains, much like a rule stopping someone from flipping a limited-edition item for quick profit after getting early access.
volume weighted average purchase price financial
"The price reported above reflects the volume weighted average purchase price."
The volume weighted average purchase price is the average price an investor paid for a security, calculated by giving more weight to prices where more shares were bought—so large trades move the average more than small ones. Investors use it like a cost-basis yardstick to see whether current market prices are above or below what they effectively paid, helping judge gains, losses, and whether to sell or add to a position.
disgorgeable profits regulatory
"paid Carvana Co. the full $64.87 in disgorgeable profits"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
Did Michael E. Maroone’s Carvana (CVNA) trades trigger Section 16(b) short-swing profit recovery?
Yes. The filing states he realized short-swing profits matched against a prior sale of 5 shares. Before filing, he paid Carvana Co. the full $64.87 in disgorgeable profits, and no further disgorgement is owed.
What indirect Carvana (CVNA) holdings does Michael E. Maroone report after these transactions?
Indirectly, reported holdings include 45,000 shares of Class A Common Stock held by the Michael Maroone Family Partnership, LP and 264 shares held by the Family Trust FBO Michael E. Maroone, where he is both beneficiary and trustee.
AI-generated analysis. How Rhea-AI works. Not financial advice.
