Carvana COO sells 50,000 shares around $71
Carvana’s COO reported tax-withholding and pre-planned open-market sales totaling 57,016 Class A shares on September 1, 2026.
Sentiment and the balance of points
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Rhea-AI Filing Summary
CARVANA CO. (CVNA) reported that Chief Operating Officer Benjamin E. Huston disposed of Class A Common Stock on September 1, 2026. The filing shows 7,016 shares were withheld at $72.18 per share to satisfy tax liabilities upon vesting of restricted stock units, and a separate open-market sale of an aggregate 50,000 shares in two blocks at volume-weighted average prices of $71.36 and $71.83 per share. The sale transactions were effected pursuant to a Rule 10b5-1 trading plan adopted on December 13, 2024.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock F1 | 7,016 | $72.18 | $506K |
| Sale | Class A Common Stock F2, F3, F4 | 29,474 | $71.36 | $2.10M |
| Sale | Class A Common Stock F2, F3, F5 | 20,526 | $71.83 | $1.47M |
Footnotes (5)
- F1. 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.
- F2. The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 13, 2024 (the "10b5-1 Plan").
- F3. The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price.
- F4. This transaction was executed in multiple trades at prices ranging from $70.68 to $71.67 inclusive.
- F5. This transaction was executed in multiple trades at prices ranging from $71.68 to $72.17 inclusive.
Key Figures
Key Terms
Rule 10b5-1 trading plan regulatory
restricted stock units financial
volume weighted average sale price financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Carvana (CVNA) disclose for the COO on September 1, 2026?
Were the September 1, 2026 CVNA insider sales made under a Rule 10b5-1 plan?
What portion of the CVNA Form 4 relates to tax withholding on RSU vesting?
Does the CVNA Form 4 specify if the COO’s prices reflect single trades or averages?
AI-generated analysis. How Rhea-AI works. Not financial advice.