Carvana (NYSE: CVNA) grants 56,742 RSUs; 2,881 shares withheld for taxes
Rhea-AI Filing Summary
Carvana Co. Chief Brand Officer Ryan S. Keeton reported equity compensation and related tax withholding in Class A Common Stock. He received 56,742 shares underlying restricted stock units that vest 25% on April 1, 2027 and monthly over three years, while 2,881 shares at $62.36 per share were withheld to cover taxes on earlier RSU vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 53,861 shares
Net Buy
2 txns
Insider
KEETON RYAN S.
Role
Chief Brand Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock F2 | 56,742 | $0.00 | $0.00 |
| Tax Withholding | Class A Common Stock F1 | 2,881 | $62.36 | $180K |
Holdings After Transaction:
Class A Common Stock — 432,389 shares (Direct)
Footnotes (2)
- 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. Represents shares of Class A Common Stock of Carvana Co. (the "Issuer") underlying restricted stock units acquired by the Reporting Person. The restricted stock units vest 25% on April 1, 2027 and monthly thereafter for the following three years, subject to the Reporting Person's continued service with the Issuer.
Key Figures
RSU grant size: 56,742 shares
Shares withheld for taxes: 2,881 shares
Tax withholding price: $62.36 per share
+2 more
5 metrics
RSU grant size
56,742 shares
Class A Common Stock underlying restricted stock units granted to Chief Brand Officer
Shares withheld for taxes
2,881 shares
Class A Common Stock withheld upon vesting of restricted stock units from various awards
Tax withholding price
$62.36 per share
Per-share value used for the 2,881-share tax-withholding transaction
Initial vesting portion
25%
Portion of the new RSU award scheduled to vest on April 1, 2027
Remaining vesting period
3 years
RSUs continue to vest monthly for three years after April 1, 2027
Key Terms
restricted stock units, withheld for taxes, vesting
3 terms
restricted stock units financial
"Represents shares of Class A Common Stock underlying restricted stock units acquired"
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.
withheld for taxes financial
"Represents total number of shares of Class A Common Stock withheld for taxes"
vesting financial
"The restricted stock units vest 25% on April 1, 2027 and monthly thereafter"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What equity award did Carvana (CVNA) grant to Ryan S. Keeton?
He received 56,742 shares of Class A Common Stock underlying restricted stock units. These RSUs vest 25% on April 1, 2027 and then monthly over the following three years, conditioned on his continued service with Carvana as Chief Brand Officer.
When do Ryan S. Keeton’s new Carvana (CVNA) restricted stock units start vesting?
The newly acquired restricted stock units begin vesting on April 1, 2027. On that date, 25% of the award vests, with the remaining portion vesting in equal monthly installments over the following three years, subject to his continued service with Carvana.
What types of transactions did Ryan S. Keeton report in this Carvana (CVNA) Form 4?
He reported two non-derivative transactions in Class A Common Stock: a grant of 56,742 RSU-based shares at no cost and a disposition of 2,881 shares through withholding to pay tax liabilities triggered by vesting of restricted stock units.
Were Ryan S. Keeton’s Carvana (CVNA) transactions made under a Rule 10b5-1 plan?
The Rule 10b5-1 checkbox was not marked for these transactions. This indicates they were not reported as being executed under a pre-arranged Rule 10b5-1 trading plan, but rather as standard compensation and related tax-withholding events.