Carvana (NYSE: CVNA) officer has 892 shares withheld for RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CARVANA CO. officer Paul W. Breaux reported a routine tax-related share disposition tied to equity compensation. On the vesting of restricted stock units, 892 shares of Class A Common Stock were withheld to cover tax obligations, at a value referenced as $382.60 per share. After this withholding, Breaux directly holds 71,793 shares of Carvana Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
BREAUX PAUL W.
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 892 | $382.60 | $341K |
Holdings After Transaction:
Class A Common Stock — 71,793 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares withheld for taxes: 892 shares
Reference price per share: $382.60 per share
Shares held after transaction: 71,793 shares
3 metrics
Shares withheld for taxes
892 shares
Tax withholding on RSU vesting
Reference price per share
$382.60 per share
Value used for tax-withholding disposition
Shares held after transaction
71,793 shares
Direct Class A Common Stock holdings after withholding
Key Terms
restricted stock units, tax-withholding disposition, Class A Common Stock, Form 4
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.
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.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Carvana (CVNA) report for Paul W. Breaux?
Carvana officer Paul W. Breaux reported 892 shares of Class A Common Stock withheld for taxes upon vesting of restricted stock units. This is a tax-withholding disposition, not an open-market sale of shares by the officer.
Was the Carvana (CVNA) insider transaction an open-market sale?
No, the Form 4 shows a tax-withholding disposition code F, meaning 892 shares were withheld to satisfy tax liabilities on restricted stock unit vesting. The transaction did not represent an open-market sale by Paul W. Breaux.
What does transaction code F mean in the Carvana (CVNA) Form 4?
Transaction code F indicates payment of exercise price or tax liability by delivering securities. In this case, 892 Carvana Class A shares were withheld to cover taxes when restricted stock units vested, as described in the filing’s footnote.