4,954 Carvana (NYSE: CVNA) RSU shares withheld to cover taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CARVANA CO. Chief Product Officer Daniel J. Gill reported a routine tax-withholding transaction related to equity compensation. On this event, 4,954 shares of Class A Common Stock were withheld to cover taxes upon vesting of restricted stock units under various awards. Following the withholding, he continues to hold 182,466 shares of Class A Common Stock directly.
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 | 4,954 | $312.09 | $1.55M |
Holdings After Transaction:
Class A Common Stock — 182,466 shares (Direct)
Footnotes (1)
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Key Figures
Tax-withholding shares: 4,954 shares
Withholding price: $312.09 per share
Shares held after transaction: 182,466 shares
3 metrics
Tax-withholding shares
4,954 shares
Shares of Class A Common Stock withheld to cover RSU taxes
Withholding price
$312.09 per share
Reported price for the 4,954 withheld shares
Shares held after transaction
182,466 shares
Direct holdings of Class A Common Stock after tax withholding
Key Terms
restricted stock units, tax-withholding disposition, Class A Common Stock
3 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"
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 reported that Chief Product Officer Daniel J. Gill had 4,954 Class A shares withheld to cover taxes upon vesting of restricted stock units. This is a compensation-related event, not an open-market stock sale or purchase.
Was Daniel J. Gill’s Carvana (CVNA) Form 4 transaction a stock sale?
No. The Form 4 shows a tax-withholding disposition, where 4,954 shares were withheld by the company to pay taxes on vested restricted stock units. It does not represent an open-market sale by Gill.
What does transaction code "F" mean in the Carvana (CVNA) Form 4?
Transaction code "F" indicates payment of an exercise price or tax liability by delivering securities. In this case, 4,954 Carvana Class A shares were withheld to satisfy taxes due when restricted stock units vested for Daniel J. Gill.