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.
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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Insights
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Insider Trade Summary
Tax Withholding: 7,705 shares
Tax Withholding
1 txn
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)
- 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.
Key Figures
Shares withheld for taxes: 7,705 shares
Withholding price per share: $72.18 per share
Shares held after transaction: 1,042,599 shares
3 metrics
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
Key Terms
restricted stock units, Class A Common Stock, withheld for taxes
3 terms
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.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.