Carvana president sells 16,789 shares around $70

Available on EDGAR 09/16/2026 - 05:21 PM EDT Accepted by SEC EDGAR 09/16/2026 - 05:20 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

CARVANA CO. (CVNA) reported that Thomas Taira, President, Special Projects, sold a total of 16,789 shares of Class A common stock on September 14, 2026. The sales, made in open-market transactions at volume-weighted average prices around $70–$71 per share, were executed under a Rule 10b5-1 trading plan adopted on June 15, 2026, and were completed in multiple trades within disclosed price ranges.

Insider Trade Summary 10b5-1

Net Seller: 16,789 shares

Net Sell 2 txns

Insider Taira Thomas

Role President, Special Projects

Sold 16,789 shs ($1.18M)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock F1, F2, F3	2,680	$70.05	$188K
Sale	Class A Common Stock F1, F2, F4	14,109	$70.68	$997K

Holdings After Transaction: Class A Common Stock — 366,987 shares (Direct)

Footnotes (4)

1. F1. The reported sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 15, 2026.
2. F2. The price reported above reflects the volume weighted average sale 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.
3. F3. This transaction was executed in multiple trades at prices ranging from $69.30 to $70.29 inclusive.
4. F4. This transaction was executed in multiple trades at prices ranging from $70.30 to $71.09 inclusive.

Key Figures

Shares sold (first transaction): 2,680 shares Average sale price (first transaction): $70.05 per share Shares sold (second transaction): 14,109 shares +5 more

8 metrics

Shares sold (first transaction) 2,680 shares Class A common stock sold on September 14, 2026

Average sale price (first transaction) $70.05 per share Volume-weighted average price for 2,680 shares sold

Shares sold (second transaction) 14,109 shares Class A common stock sold on September 14, 2026

Average sale price (second transaction) $70.68 per share Volume-weighted average price for 14,109 shares sold

Total shares sold 16,789 shares Aggregate of both reported transactions on September 14, 2026

Price range (first sale group) $69.30–$70.29 per share Range of individual trade prices within first transaction

Price range (second sale group) $70.30–$71.09 per share Range of individual trade prices within second transaction

Rule 10b5-1 plan adoption date June 15, 2026 Date Thomas Taira’s trading plan governing these sales was adopted

Key Terms

Rule 10b5-1 trading plan, volume weighted average sale price, open-market transactions

3 terms

Rule 10b5-1 trading plan regulatory

"The reported sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 15, 2026."

A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.

volume weighted average sale price financial

"The price reported above reflects the volume weighted average sale price."

open-market transactions financial

"The reported sale was described as a sale in open-market or private transactions."

Open-market transactions are purchases or sales of a company’s securities that take place on public exchanges rather than through private agreements. They matter to investors because these trades change the number of shares available, can move the stock price, and often signal management’s view of the company’s value—like a store restocking or clearing shelves, altering supply and the price shoppers see.

FAQ

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

What insider transaction did CVNA disclose for Thomas Taira on September 14, 2026?

CARVANA CO. disclosed that Thomas Taira, President, Special Projects, sold 16,789 shares of Class A common stock in open-market transactions on September 14, 2026.

At what prices did the CVNA shares sell in Thomas Taira’s September 14, 2026 transactions?

The reported volume-weighted average sale prices were $70.05 for 2,680 shares and $70.68 for 14,109 shares, with individual trades executed in ranges of $69.30–$70.29 and $70.30–$71.09, respectively.

How many CVNA shares did Thomas Taira sell in total on September 14, 2026?

On September 14, 2026, Thomas Taira sold a total of 16,789 shares of CARVANA CO. Class A common stock, consisting of 2,680 shares in one set of trades and 14,109 shares in another.

Were Thomas Taira’s September 14, 2026 CVNA stock sales under a Rule 10b5-1 plan?

Yes. The filing states that the reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by Thomas Taira on June 15, 2026.

How were the prices for Thomas Taira’s CVNA share sales calculated?

For each transaction, the disclosed price is a volume-weighted average sale price. The filing notes that full information on the number of shares sold at each price will be provided upon request to regulators, the issuer, or its security holders.

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

Form 4 Insider Transactions: What Each Field Means →

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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).

X

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^*

Taira Thomas

(Last) (First) (Middle)

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)
	President, Special Projects

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/14/2026

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	09/14/2026		S		2,680(1)	D	$70.05(2)(3)	381,096	D
Class A Common Stock	09/14/2026		S		14,109(1)	D	$70.68(2)(4)	366,987	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. The reported sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 15, 2026.

2. The price reported above reflects the volume weighted average sale 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.

3. This transaction was executed in multiple trades at prices ranging from $69.30 to $70.29 inclusive.

4. This transaction was executed in multiple trades at prices ranging from $70.30 to $71.09 inclusive.

Remarks:

	/s/ Paul Breaux, by Power of Attorney for Thomas Taira	09/16/2026
	** 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)