STOCK TITAN

Carvana (NYSE: CVNA) grants 56,742 RSUs; 2,881 shares withheld for taxes

(Moderate)
(Neutral)
Form Type
4

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

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Negative

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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)
  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.
  2. 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.
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
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.

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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.

How many Carvana (CVNA) shares were withheld for Ryan S. Keeton’s taxes?

A total of 2,881 shares of Carvana Class A Common Stock were withheld to satisfy tax obligations. The tax withholding was valued at $62.36 per share and related to the vesting of restricted stock units from various prior awards.

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.
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*
KEETON RYAN S.

(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 Brand Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/01/2026
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 Stock08/01/2026F2,881(1)D$62.36375,647D
Class A Common Stock08/03/2026A56,742(2)A$0432,389D
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.
2. 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.
Remarks:
/s/ Paul Breaux, by Power of Attorney for Ryan S. Keeton08/04/2026
** 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)