STOCK TITAN

Carvana (NYSE: CVNA) CPO has 7,707 shares withheld for RSU tax obligations

Filing Impact
(Very High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

CARVANA CO. Chief Product Officer Daniel J. Gill reported a routine share disposition related to equity compensation. On June 1, 2026, 7,707 shares of Class A Common Stock, valued at $71.00 per share, were withheld to cover taxes upon vesting of restricted stock units. Following this tax-withholding transaction, Gill directly holds 945,833 shares of Class A Common Stock. All amounts reflect Carvana’s five for one forward stock split completed on May 7, 2026.

Positive

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Insider GILL DANIEL J.
Role Chief Product Officer
Type Security Shares Price Value
Tax Withholding Class A Common Stock 7,707 $71.00 $547K
Holdings After Transaction: Class A Common Stock — 945,833 shares (Direct, null)
Footnotes (1)
  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.
Shares withheld for taxes 7,707 shares Withheld to cover RSU vesting taxes on June 1, 2026
Withholding share value $71.00 per share Value assigned to the 7,707 withheld shares
Shares held after transaction 945,833 shares Direct Class A holdings following tax-withholding disposition
Stock split ratio 5-for-1 forward split Carvana stock split effective May 7, 2026
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.
five for one forward stock split financial
"All amounts reflect the five for one forward stock split conducted by the issuer"
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.
Class A Common Stock financial
"Represents total number of shares of Class A Common Stock of the Issuer withheld for taxes"
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.
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SEC Form 4
FORM 4UNITED 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*
GILL DANIEL J.

(Last)(First)(Middle)
C/O CARVANA CO.
300 E. RIO SALADO PARKWAY

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Product Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Class A Common Stock06/01/2026F7,707(1)D$71945,833(2)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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
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. All amounts reflect the five for one forward stock split conducted by the issuer on May 7, 2026.
Remarks:
/s/ Paul Breaux, by Power of Attorney for Daniel J. Gill06/03/2026
** Signature of Reporting PersonDate
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)

FAQ

What insider transaction did Carvana (CVNA) report for Daniel J. Gill?

Carvana Chief Product Officer Daniel J. Gill reported a tax-related share disposition. 7,707 shares of Class A Common Stock were withheld to cover taxes upon vesting of restricted stock units, rather than sold in the open market.

How many Carvana (CVNA) shares does Daniel J. Gill hold after this filing?

After the tax-withholding transaction, Daniel J. Gill directly holds 945,833 shares of Carvana Class A Common Stock. This figure already incorporates the company’s five for one forward stock split completed on May 7, 2026.

Was the Carvana (CVNA) insider transaction an open-market sale of shares?

No, the transaction was not an open-market sale. The 7,707 shares were withheld by Carvana to satisfy tax obligations upon vesting of restricted stock units, a common administrative event tied to stock-based compensation.

What price per share is associated with the Carvana (CVNA) tax-withholding transaction?

The filing reports a value of $71.00 per share for the 7,707 shares withheld to cover taxes. This amount reflects Carvana’s five for one forward stock split that occurred on May 7, 2026.

How did Carvana’s five for one stock split affect this insider Form 4?

All share amounts in Daniel J. Gill’s Form 4 reflect Carvana’s five for one forward stock split on May 7, 2026. Both the 7,707 shares withheld for taxes and the 945,833 shares held afterward are stated on a split-adjusted basis.