Carvana (NYSE: CVNA) trusts show 7,827-share gift and updated holdings

Rhea-AI Filing Summary

CARVANA CO. director Ira J. Platt reported a trust-related share transfer. On March 5, 2026, the Platt Family 2024 Irrevocable Trust distributed 7,827 shares of Carvana Class A common stock as a bona fide gift to trust beneficiaries following a family member’s death.

The filing also lists updated indirect and direct holdings through several family trusts, a charitable foundation and a parent account, including 11,258 shares held by the Georgiana Platt and Successors Remainder Trust, 26,105 shares held by the Ira J. Platt Revocable Trust, 1,999 shares held by the Platt Family Foundation and other smaller indirect positions.

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

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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^*

PLATT IRA J.

(Last) (First) (Middle)

C/O CARVANA CO.

300 E. RIO SALADO PARKWAY

(Street)

TEMPE AZ 85281

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
CARVANA CO. [ CVNA ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

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

3. Date of Earliest Transaction (Month/Day/Year)
03/05/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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	03/05/2026		G(1)		7,827	D	$0	0	I	By Trust(1)
Class A Common Stock								11,258	I	By Trust(2)
Class A Common Stock								26,105	D
Class A Common Stock								20,000	I	By Trust(3)
Class A Common Stock								1,999	I	Platt Family Foundation(4)
Class A Common Stock								850	I	By Parent

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. 7,827 shares of Class A common stock were distributed by the Platt Family 2024 Irrevocable Trust (the "Irrevocable Trust") to trust beneficiaries due to the death of a family member, in accordance with the terms of the Irrevocable Trust. The Reporting Person's spouse is co-trustee of the Irrevocable Trust.

2. Represents shares of Class A common stock held directly by the Georgiana Platt and Successors Remainder Trust (the "Settlers Trust"), including those acquired upon distribution from the Irrevocable Trust. The Reporting Person's spouse is co-trustee and primary beneficiary of the Settlers Trust.

3. Represents shares of Class A common stock held directly by the Ira J. Platt Revocable Trust (the "Revocable Trust"). The Reporting Person is co-trustee of the Revocable Trust, and the Reporting Person's spouse is the primary beneficiary of the Revocable Trust.

4. Represents shares of Class A common stock held by the Platt Family Foundation (the "Foundation"), a charitable organization. The Reporting Person has voting and investment power over all securities owned by the Foundation. The Reporting Person disclaims beneficial ownership of the shares, except to the extent of his pecuniary interest therein.

Remarks:

	/s/ Paul Breaux, by Power of Attorney for Ira J. Platt	03/09/2026
	** 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.

FAQ

What insider transaction did Carvana (CVNA) report for Ira J. Platt?

Carvana director Ira J. Platt reported a trust-related transfer of 7,827 Class A shares. The Platt Family 2024 Irrevocable Trust distributed the stock as a bona fide gift to beneficiaries following a family member’s death, with no sale proceeds reported in this filing.

How many Carvana shares were included in the reported gift transfer?

The reported gift transfer involved 7,827 shares of Carvana Class A common stock. These shares were distributed by the Platt Family 2024 Irrevocable Trust to trust beneficiaries under the trust’s terms after a family member’s death, rather than sold in the market.

Which entity made the 7,827-share Carvana distribution in the Form 4?

The 7,827-share distribution was made by the Platt Family 2024 Irrevocable Trust. According to the filing, this irrevocable trust transferred the shares as a bona fide gift to its beneficiaries, and the reporting person’s spouse serves as a co-trustee of the trust.

What indirect Carvana holdings related to Ira J. Platt are shown after the transaction?

Indirect holdings include 11,258 shares in the Georgiana Platt and Successors Remainder Trust, 20,000 shares in another trust, 1,999 shares in the Platt Family Foundation and 850 shares held by a parent, reflecting various family and charitable ownership structures.

What direct Carvana holdings are reported for Ira J. Platt after the transaction?

The filing shows 26,105 shares of Carvana Class A common stock held directly through the Ira J. Platt Revocable Trust. The reporting person is a co-trustee of this revocable trust, and the filing identifies the reporting person’s spouse as the primary beneficiary.

How does the Platt Family Foundation hold Carvana (CVNA) shares?

The Platt Family Foundation, a charitable organization, holds 1,999 Carvana Class A shares. The reporting person has voting and investment power over these securities but disclaims beneficial ownership of the foundation’s holdings except to the extent of any pecuniary interest described.

Does the Form 4 indicate a market sale of Carvana shares by Ira J. Platt?

No market sale is described; the only reported disposition is a bona fide gift of 7,827 shares by the Platt Family 2024 Irrevocable Trust. The filing focuses on trust distributions and updated holdings across related trusts, a foundation and a parent account.