Carvana (NYSE: CVNA) officer has shares withheld to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CARVANA CO. officer Paul W. Breaux reported a routine tax-related share disposition. On the vesting of restricted stock units, 4,455 shares of Class A Common Stock were withheld at $71.00 per share to cover tax obligations. After this non-market transaction, he directly holds 354,510 shares.
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 | 4,455 | $71.00 | $316K |
Holdings After Transaction:
Class A Common Stock — 354,510 shares (Direct, null)
Footnotes (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. All amounts reflect the five for one forward stock split conducted by the issuer on May 7, 2026.
Key Figures
Shares withheld for taxes: 4,455 shares
Tax withholding share price: $71.00 per share
Shares held after transaction: 354,510 shares
+1 more
4 metrics
Shares withheld for taxes
4,455 shares
Tax withholding on RSU vesting
Tax withholding share price
$71.00 per share
Value used for 4,455 withheld shares
Shares held after transaction
354,510 shares
Direct Class A holdings after withholding
Forward stock split ratio
five-for-one
Forward stock split effective May 7, 2026
Key Terms
restricted stock units, tax-withholding disposition, forward stock split, Class A Common Stock
4 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.
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.
forward stock split financial
"reflect the five for one forward stock split conducted by the issuer"
A forward stock split is when a company increases the number of its shares by dividing each existing share into smaller parts. This makes the stock price lower and more affordable for investors, similar to splitting a pizza into more slices so everyone can get a smaller piece. It doesn't change the company's total value, just how it's divided among shareholders.
Class A Common Stock financial
"Represents total number of shares of Class A Common Stock of the Issuer withheld"
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.
FAQ
What did CARVANA (CVNA) insider Paul W. Breaux report in this Form 4?
Paul W. Breaux reported a tax-related disposition of 4,455 Class A shares. These shares were withheld by the company to cover taxes upon vesting of restricted stock units, rather than sold in the open market.
Was the CARVANA (CVNA) Form 4 transaction an open-market sale by Paul W. Breaux?
No, the Form 4 reflects a tax-withholding disposition, not an open-market sale. Shares were withheld by the issuer to pay tax liabilities from restricted stock unit vesting, a common administrative process in equity compensation.
How does the CARVANA (CVNA) stock split affect the amounts in this Form 4?
All share amounts incorporate a five-for-one forward stock split completed on May 7, 2026. This adjustment increases the number of reported shares proportionally, while preserving the underlying economic value of the awards and holdings.