STOCK TITAN

Carvana CPO Gill receives 19,879-share RSU vesting

Carvana Co. Chief Product Officer Daniel J. Gill received a grant of 19,879 shares of Class A Common Stock on April 29, 2026 at no cost, reflecting vested performance-based restricted stock units originally granted in January 2024.

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Form Type
4

Rhea-AI Filing Summary

Carvana Co. Chief Product Officer Daniel J. Gill received a grant of 19,879 shares of Class A Common Stock on April 29, 2026 at no cost, reflecting vested performance-based restricted stock units originally granted in January 2024.

On the same date, 10,095 shares were withheld to satisfy tax obligations at $396.59 per share, after which Gill directly held 192,250 shares of Carvana Class A Common Stock.

Positive

  • None.

Negative

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Insider GILL DANIEL J.
Role Chief Product Officer
Type Security Shares Price Value
Grant/Award Class A Common Stock 19,879 $0.00 $0.00
Exercise Price or Tax Liability Class A Common Stock 10,095 $396.59 $4.00M
Holdings After Transaction: Class A Common Stock — 192,250 shares (Direct)
Footnotes (2)
  1. F1. Represents restricted stock units ("RSUs") granted on January 24, 2024 under the Reporting Person's Performance Restricted Stock Unit Award Agreement between Carvana Co. and the Reporting Person, dated January 24, 2024. The performance condition for the RSUs reported herein has been met, and all RSUs reported herein vested on April 29, 2026.
  2. F2. Represents shares of Class A Common Stock of the Issuer withheld for taxes upon vesting of RSUs under the Performance Restricted Stock Unit Award Agreement.
RSU-related share grant 19,879 shares Class A Common Stock granted to Daniel J. Gill on April 29, 2026 at $0.0000 per share
Shares withheld for taxes 10,095 shares Class A Common Stock withheld on April 29, 2026 to satisfy tax obligations at $396.5900 per share
Tax withholding price $396.5900 per share Per-share value used for shares withheld for taxes upon RSU vesting
Post-transaction holdings 192,250 shares Directly held Carvana Class A Common Stock by Daniel J. Gill after the reported transactions
RSU grant date January 24, 2024 Date performance RSUs were granted under the Performance Restricted Stock Unit Award Agreement
RSU vesting date April 29, 2026 Date the performance condition was met and all RSUs reported herein vested
restricted stock units financial
"Represents restricted stock units granted on January 24, 2024"
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.
Performance Restricted Stock Unit Award Agreement financial
"under the Reporting Person's Performance Restricted Stock Unit Award Agreement"
withheld for taxes upon vesting financial
"Represents shares of Class A Common Stock withheld for taxes upon vesting"
Class A Common Stock financial
"Represents shares of Class A Common Stock of the Issuer"
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.

FAQ

What stock grant did Carvana (CVNA) report for Chief Product Officer Daniel J. Gill?

Daniel J. Gill received a grant of 19,879 shares of Carvana Class A Common Stock on April 29, 2026 at $0.0000 per share, reflecting vested performance-based restricted stock units that were originally granted on January 24, 2024 under a performance RSU agreement.

How many Carvana (CVNA) shares were withheld for Daniel J. Gill’s taxes and at what value?

Carvana reported 10,095 shares of Class A Common Stock withheld to cover Daniel J. Gill’s tax obligations, valued at $396.59 per share. These shares relate to the vesting of performance restricted stock units and represent a tax-withholding disposition, not an open-market sale.

What is Daniel J. Gill’s Carvana (CVNA) shareholding after these Form 4 transactions?

Following the reported grant and tax withholding, Daniel J. Gill directly holds 192,250 shares of Carvana Class A Common Stock. This balance reflects his post-transaction position as Chief Product Officer and incorporates the vesting of performance-based restricted stock units disclosed in the filing.

When did the performance RSUs reported for Carvana (CVNA) executive Daniel J. Gill vest?

The performance condition for Daniel J. Gill’s restricted stock units was met, and all related RSUs vested on April 29, 2026. These RSUs were originally granted on January 24, 2024 under a Performance Restricted Stock Unit Award Agreement with Carvana Co.

Were Daniel J. Gill’s Carvana (CVNA) transactions marked as Rule 10b5-1 plan trades?

The disclosure shows the Rule 10b5-1 checkbox as unchecked (aff_10b5_one is false), indicating these transactions were not affirmatively designated as occurring under a Rule 10b5-1 trading plan. The footnotes do not describe any separate pre-arranged trading arrangement.

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)
04/29/2026
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 Stock04/29/2026A19,879(1)A$0202,345D
Class A Common Stock04/29/2026F10,095(2)D$396.59192,250D
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 restricted stock units ("RSUs") granted on January 24, 2024 under the Reporting Person's Performance Restricted Stock Unit Award Agreement between Carvana Co. and the Reporting Person, dated January 24, 2024. The performance condition for the RSUs reported herein has been met, and all RSUs reported herein vested on April 29, 2026.
2. Represents shares of Class A Common Stock of the Issuer withheld for taxes upon vesting of RSUs under the Performance Restricted Stock Unit Award Agreement.
Remarks:
/s/ Paul Breaux, by Power of Attorney for Daniel J. Gill05/01/2026
** 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)

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