Carvana (NYSE: CVNA) CPO has 7,707 shares withheld for RSU tax obligations
Filing Impact
Filing Sentiment
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
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
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)
- 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: 7,707 shares
Withholding share value: $71.00 per share
Shares held after transaction: 945,833 shares
+1 more
4 metrics
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
Key Terms
restricted stock units, five for one forward stock split, tax-withholding disposition, 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.
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.
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 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.