STOCK TITAN

Carvana CPO has 7,705 shares withheld for taxes

Carvana’s Chief Product Officer had shares withheld to cover RSU tax obligations, leaving over one million Class A shares directly held.

(Very High)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

CARVANA CO. (CVNA) reported an insider tax-related share disposition by its Chief Product Officer, Daniel J. Gill. On September 1, 2026, 7,705 shares of Class A Common Stock were withheld at $72.18 per share to pay tax liabilities upon the vesting of restricted stock units under various awards. Following this withholding, Gill directly held 1,042,599 Class A shares. The filing indicates this was a tax-withholding event rather than an open-market sale, and no Rule 10b5-1 trading plan is reported.

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Insider GILL DANIEL J.
Role Chief Product Officer
Type Security Shares Price Value
Tax Withholding Class A Common Stock F1 7,705 $72.18 $556K
Holdings After Transaction: Class A Common Stock — 1,042,599 shares (Direct)
Footnotes (1)
  1. 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.
Shares withheld for taxes 7,705 shares Class A Common Stock withheld on September 1, 2026 for tax liabilities
Withholding price per share $72.18 per share Price applied to 7,705 withheld shares of Class A Common Stock
Shares held after transaction 1,042,599 shares Direct holdings of Daniel J. Gill following the tax-withholding event
restricted stock units financial
"withheld for taxes upon vesting of restricted stock units pursuant"
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.
Class A Common Stock financial
"Represents total number of shares of Class A Common Stock"
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.
withheld for taxes financial
"shares of Class A Common Stock of the Issuer withheld for taxes"

FAQ

What insider transaction did CVNA report for Chief Product Officer Daniel J. Gill?

Carvana reported that Chief Product Officer Daniel J. Gill had 7,705 shares of Class A Common Stock withheld on September 1, 2026 to pay tax liabilities associated with vesting restricted stock units, rather than executing an open-market sale.

At what price were Daniel J. Gill’s CVNA shares withheld for taxes?

The shares were withheld at a price of $72.18 per share. This price applies to the 7,705 Class A Common Stock shares used to satisfy Gill’s tax obligations upon the vesting of restricted stock units under various awards.

How many CVNA shares does Daniel J. Gill hold after the reported transaction?

After the tax-withholding transaction, Daniel J. Gill directly holds 1,042,599 shares of Carvana Class A Common Stock. This post-transaction holding is reported as direct ownership in the Form 4 filing.

Was the CVNA insider transaction part of a Rule 10b5-1 trading plan?

No. The filing indicates that no Rule 10b5-1 trading plan is reported for this transaction, and the document-level 10b5-1 checkbox is not marked as being made under such a plan.

What was the purpose of the 7,705 CVNA shares withheld from Daniel J. Gill?

The 7,705 shares of Carvana Class A Common Stock were withheld solely to pay tax liabilities arising from the vesting of restricted stock units awarded to Daniel J. Gill, according to the transaction code and related footnote.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
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)
09/01/2026
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 Stock09/01/2026F7,705(1)D$72.181,042,599D
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. Gill09/03/2026
** 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)