STOCK TITAN

4,954 Carvana (NYSE: CVNA) RSU shares withheld to cover taxes

Filing Impact
(Very High)
Filing Sentiment
(Neutral)
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

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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)
  1. [object Object]
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
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.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
GILL DANIEL J.

(Last)(First)(Middle)
C/O CARVANA CO.
300 E. RIO SALADO PARKWAY

(Street)
TEMPE ARIZONA 85281

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
CARVANA CO. [ CVNA ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Product Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Class A Common Stock04/01/2026F4,954(1)D$312.09182,466D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
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.
Remarks:
/s/ Paul Breaux, by Power of Attorney for Daniel J. Gill04/03/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

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.

How many Carvana (CVNA) shares does Daniel J. Gill hold after this filing?

After the tax-withholding transaction, Daniel J. Gill holds 182,466 shares of Carvana Class A Common Stock directly. The reported disposition only reflects shares withheld for taxes tied to restricted stock unit vesting.

What price was used for the Carvana (CVNA) tax-withholding shares?

The tax-withholding disposition was reported at a price of $312.09 per share for 4,954 Class A shares. This value is used to calculate the tax obligation on the vesting restricted stock units awarded to Daniel J. 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.