STOCK TITAN

Planned stock sale by Carvana (NYSE: CVNA) executive disclosed

Filing Impact
(High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Carvana Co. officer Thomas Taira, President, Special Projects, sold 1,047 shares of Class A common stock in an open-market transaction on February 9, 2026, at $398.54 per share. After this planned sale under a Rule 10b5-1 trading plan, he directly holds 66,625 shares.

Positive

  • None.

Negative

  • None.
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 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)
Director 10% Owner
X Officer (give title below) Other (specify below)
President, Special Projects
3. Date of Earliest Transaction (Month/Day/Year)
02/09/2026
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 02/09/2026 S 1,047(1) D $398.54 66,625 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 August 8, 2025.
Remarks:
/s/ Paul Breaux, by Power of Attorney for Thomas Taira 02/11/2026
** 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 Thomas Taira?

Carvana reported that officer Thomas Taira sold 1,047 shares of Class A common stock in an open-market transaction at $398.54 per share. The transaction occurred on February 9, 2026, and was disclosed on a Form 4 insider trading report.

Was the Carvana (CVNA) insider sale by Thomas Taira part of a trading plan?

Yes. The filing states the sale was executed under a Rule 10b5-1 trading plan adopted by Thomas Taira on August 8, 2025. Such plans pre-schedule trades, helping separate personal trading decisions from non-public company information.

How many Carvana (CVNA) shares did Thomas Taira sell and at what price?

Thomas Taira sold 1,047 shares of Carvana Class A common stock at a price of $398.54 per share. The transaction was coded as an open-market or private sale and is reported as a non-derivative securities transaction.

How many Carvana (CVNA) shares does Thomas Taira own after the reported sale?

Following the sale, Thomas Taira is reported to beneficially own 66,625 shares of Carvana Class A common stock. The ownership is listed as direct, meaning the shares are held in his own name rather than through an intermediary entity.

What role does Thomas Taira hold at Carvana (CVNA) according to the filing?

According to the Form 4, Thomas Taira is an officer of Carvana with the title “President, Special Projects.” He is not listed as a director or 10% owner, but as an executive officer reporting this equity transaction to regulators.

What transaction code was used for the Carvana (CVNA) insider sale?

The transaction was reported with code “S,” which indicates a sale in the open market or a private transaction. This code confirms that the reported activity was a disposition of shares rather than an acquisition or option exercise.
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