Carvana (NYSE: CVNA) director gains new restricted stock unit awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Carvana Co. director Neha Parikh received additional equity compensation in the form of restricted stock units tied to Class A Common Stock. She acquired 360 shares underlying RSUs that vest immediately on grant and 782 shares underlying RSUs that vest fully on May 1, 2027, subject to continued service.
Following these awards, she directly holds 62,428 shares of Class A Common Stock. These transactions are compensation-related grants, not open-market purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
PARIKH NEHA
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 360 | $0.00 | -- |
| Grant/Award | Class A Common Stock | 782 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 61,646 shares (Direct)
Footnotes (1)
- Represents shares of Class A Common Stock of Carvana Co. (the "Issuer") underlying restricted stock units acquired by the Reporting Person. 100% of the restricted stock units vest immediately on grant. Represents shares of Class A Common Stock of the Issuer underlying restricted stock units acquired by the Reporting Person. The restricted stock units vest 100% on May 1, 2027, subject to the Reporting Person's continued service with the Issuer as of such date.
Key Figures
Immediate-vesting RSUs: 360 shares
RSUs vesting May 1, 2027: 782 shares
Total shares after awards: 62,428 shares
3 metrics
Immediate-vesting RSUs
360 shares
Restricted stock units vesting 100% immediately on grant
RSUs vesting May 1, 2027
782 shares
Restricted stock units vesting 100% on May 1, 2027
Total shares after awards
62,428 shares
Direct holdings of Class A Common Stock following transactions
Key Terms
restricted stock units, vest immediately on grant, vest 100% on May 1, 2027, Class A Common Stock
4 terms
restricted stock units financial
"Represents shares of Class A Common Stock of Carvana Co. underlying restricted stock units acquired by the Reporting Person."
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.
vest immediately on grant financial
"100% of the restricted stock units vest immediately on grant."
vest 100% on May 1, 2027 financial
"The restricted stock units vest 100% on May 1, 2027, subject to the Reporting Person's continued service"
Class A Common Stock financial
"Represents shares of Class A Common Stock of Carvana Co."
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 did Carvana (CVNA) director Neha Parikh report in this Form 4?
Neha Parikh reported acquiring restricted stock units tied to Carvana Class A Common Stock. She received 360 shares that vest immediately and 782 shares that vest on May 1, 2027, increasing her direct holdings to 62,428 shares after the awards.
Are Neha Parikh’s Carvana (CVNA) transactions open-market buys or compensation grants?
They are compensation-related grants, not open-market trades. The filing uses transaction code “A” for grant or award acquisitions, and the footnotes explain these are restricted stock units awarded by Carvana that vest either immediately or in the future.
When do Neha Parikh’s newly granted Carvana (CVNA) restricted stock units vest?
One RSU grant vests 100% immediately on grant, covering 360 shares. A second RSU grant for 782 shares vests 100% on May 1, 2027, provided Neha Parikh continues her service with Carvana through that date, according to the filing footnotes.