Carvana Co. (CVNA) grants 85,336 RSUs; 4,453 shares withheld for taxes

Q: What equity award did Carvana (CVNA) grant to Paul W. Breaux?

Paul W. Breaux received an equity award covering 85,336 shares of Carvana Class A Common Stock underlying restricted stock units. These RSUs represent a long-term incentive and are subject to a multi‑year vesting schedule and his continued service with the company.

Q: How do the new restricted stock units for Carvana (CVNA) vest?

The new restricted stock units vest 25% on April 1, 2027 , with the remaining units vesting monthly over the following three years . All vesting is conditioned on Paul W. Breaux’s continued service with Carvana during this period.

Q: Why were 4,453 Carvana (CVNA) shares disposed of by Paul W. Breaux?

A total of 4,453 shares of Carvana Class A Common Stock were withheld at $62.36 per share to cover tax obligations. These shares relate to the vesting of existing restricted stock units and represent a tax‑withholding disposition, not an open‑market sale.

Q: Was Paul W. Breaux’s Carvana (CVNA) transaction under a Rule 10b5-1 plan?

The reported transactions were not identified as being made under a Rule 10b5-1 trading plan. The plan checkbox was left unchecked, and the explanatory footnotes do not reference any pre‑arranged trading or 10b5-1 plan arrangement.

Q: What is Paul W. Breaux’s role at Carvana (CVNA)?

Paul W. Breaux serves as Carvana’s Vice President, General Counsel, Secretary, and Chief Compliance Officer . The reported equity grant and tax‑withholding transactions relate to his compensation in these senior legal and compliance leadership roles.

Filing Impact

(Moderate)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Carvana Co. reported equity compensation and related tax withholding for its Vice President, General Counsel, Secretary and Chief Compliance Officer, Paul W. Breaux. On August 3, 2026, he acquired 85,336 shares of Class A Common Stock underlying restricted stock units that vest 25% on April 1, 2027 and monthly thereafter for three years, subject to continued service. On August 1, 2026, 4,453 shares were withheld at $62.36 per share to satisfy tax obligations upon vesting of earlier restricted stock units.

Insider Trade Summary

Net Buyer: 80,883 shares

Net Buy 2 txns

Insider BREAUX PAUL W.

Role See Remarks

Type	Security	Shares	Price	Value
Grant/Award	Class A Common Stock ^F2	85,336	$0.00	$0.00
Tax Withholding	Class A Common Stock ^F1	4,453	$62.36	$278K

Holdings After Transaction: Class A Common Stock — 430,940 shares (Direct)

Footnotes (2)

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.
F2. Represents shares of Class A Common Stock of Carvana Co. (the "Issuer") underlying restricted stock units acquired by the Reporting Person. The restricted stock units vest 25% on April 1, 2027 and monthly thereafter for the following three years, subject to the Reporting Person's continued service with the Issuer.

Key Figures

Restricted stock units granted: 85,336 shares of Class A Common Stock Shares withheld for taxes: 4,453 shares of Class A Common Stock Tax withholding price: $62.36 per share +1 more

4 metrics

Restricted stock units granted 85,336 shares of Class A Common Stock Underlying RSUs acquired August 3, 2026, vest 25% on April 1, 2027 and monthly thereafter for three years

Shares withheld for taxes 4,453 shares of Class A Common Stock Withheld upon RSU vesting to satisfy tax obligations at $62.36 per share on August 1, 2026

Tax withholding price $62.36 per share Price applied to 4,453 shares withheld to cover tax liabilities on RSU vesting

Initial RSU vesting date April 1, 2027 25% of the restricted stock units vest on this date, subject to continued service

Key Terms

restricted stock units, withheld for taxes, continued service

3 terms

restricted stock units financial

"Represents shares of Class A Common Stock of Carvana Co. underlying restricted stock units acquired"

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.

withheld for taxes financial

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

continued service financial

"vest 25% on April 1, 2027 and monthly thereafter for the following three years, subject to the Reporting Person's continued service"

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 08/04/2026 - 05:05 PM Accepted by SEC EDGAR 08/04/2026 - 05:04 PM

FAQ

What equity award did Carvana (CVNA) grant to Paul W. Breaux?

Paul W. Breaux received an equity award covering 85,336 shares of Carvana Class A Common Stock underlying restricted stock units. These RSUs represent a long-term incentive and are subject to a multi‑year vesting schedule and his continued service with the company.

How do the new restricted stock units for Carvana (CVNA) vest?

The new restricted stock units vest 25% on April 1, 2027, with the remaining units vesting monthly over the following three years. All vesting is conditioned on Paul W. Breaux’s continued service with Carvana during this period.

Why were 4,453 Carvana (CVNA) shares disposed of by Paul W. Breaux?

A total of 4,453 shares of Carvana Class A Common Stock were withheld at $62.36 per share to cover tax obligations. These shares relate to the vesting of existing restricted stock units and represent a tax‑withholding disposition, not an open‑market sale.

Was Paul W. Breaux’s Carvana (CVNA) transaction under a Rule 10b5-1 plan?

The reported transactions were not identified as being made under a Rule 10b5-1 trading plan. The plan checkbox was left unchecked, and the explanatory footnotes do not reference any pre‑arranged trading or 10b5-1 plan arrangement.

What is Paul W. Breaux’s role at Carvana (CVNA)?

Paul W. Breaux serves as Carvana’s Vice President, General Counsel, Secretary, and Chief Compliance Officer. The reported equity grant and tax‑withholding transactions relate to his compensation in these senior legal and compliance leadership roles.

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

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)
	See Remarks

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/01/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	08/01/2026		F		4,453⁽¹⁾	D	$62.36	345,604	D
Class A Common Stock	08/03/2026		A		85,336⁽²⁾	A	$0	430,940	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

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.

2. Represents shares of Class A Common Stock of Carvana Co. (the "Issuer") underlying restricted stock units acquired by the Reporting Person. The restricted stock units vest 25% on April 1, 2027 and monthly thereafter for the following three years, subject to the Reporting Person's continued service with the Issuer.

Remarks:

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

	/s/ Paul Breaux	08/04/2026
	** 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)

Source: View Original Filing on SEC EDGAR