Carvana Co. SEC filings document the reporting framework for an online used-vehicle retailer with Class A and Class B common stock. Recent 8-K filings furnish shareholder letters, press releases, and conference-call materials covering quarterly and annual operating results, retail unit activity, revenue, profitability measures, expense trends, and the company's vertically integrated automotive e-commerce model.
Carvana's proxy and material-event filings also cover governance and capital-structure matters. These disclosures include annual meeting votes, executive compensation and pay-versus-performance information, the Carvana Co. 2026 Omnibus Incentive Plan, amendments to the company's certificate of incorporation, a five-for-one forward stock split, and related authorized share increases for its common stock classes.
Carvana Co. executive Paul Breaux reported option exercises and share sales. On 12/08/2025, he exercised 9,121 stock options for Class A common stock at an exercise price of $10.07 per share and acquired the same number of shares. That day he sold a total of 20,000 Class A shares in two transactions at prices of $429 and $448 per share, leaving him with 69,289 shares beneficially owned directly.
The transactions were carried out under a Rule 10b5-1 trading plan adopted on June 10, 2025. Following the exercise, Breaux retained 145,741 stock options with a $10.07 exercise price, exercisable through 02/22/2033. These non-qualified stock options vested 25% on April 1, 2024 and continue to vest monthly over the following three years, conditioned on his continued service with Carvana as Vice President, General Counsel, Secretary, and Chief Compliance Officer.
Carvana’s Form 144 filing reports a planned insider sale of common stock. The notice covers 80,000 common shares to be sold through Morgan Stanley Smith Barney LLC on the NYSE, with an aggregate market value of $31,981,600. The filing notes 141,423,193 shares of the same class outstanding.
The seller acquired the 80,000 shares on 12/08/2025 by exercising stock options and paid the purchase price in cash on the same date. The form also includes a standard representation that the seller does not know of undisclosed material adverse information about the issuer’s current or prospective operations.
An existing holder of CVNA common stock has filed a notice of proposed sale of 40,000 shares through Morgan Stanley Smith Barney LLC on the NYSE, with an aggregate market value of $15,990,800.00 and 141,423,193 shares of common stock outstanding. The shares to be sold were acquired on 12/08/2025 via an exercise of stock options paid in cash on the same date.
Over the past three months, a 10b5-1 sales plan for BHJC Trust reported additional sales of CVNA common stock: 10,000 shares on each of 10/01/2025, 11/03/2025, and 12/01/2025, with gross proceeds of $3,892,725.00, $3,245,730.00, and $3,771,101.00, respectively.
CVNA filed a Form 144 notice for a proposed sale of 20,000 shares of its common stock through Morgan Stanley Smith Barney LLC on the NYSE, with an aggregate market value of $7,995,400. The filing notes that 141,423,193 shares of common stock were outstanding. The seller acquired 10,879 shares on 10/01/2024 via restricted and performance stock units from the issuer and 9,121 shares on 12/08/2025 through a cash exercise of stock options.
Over the past three months, the same person, identified in 10b5-1 sales as Paul Breaux, sold 15,000 common shares on 10/01/2025 for gross proceeds of $5,970,000 and another 15,000 common shares on 09/09/2025 for $5,625,000. By signing, the seller represents that they do not know of any undisclosed material adverse information about the issuer’s current or prospective operations.
CVNA insider Thomas Taira has filed a notice of proposed sales of up to 30,952 shares of common stock through Morgan Stanley Smith Barney on the NYSE, with an aggregate market value of 12,373,681.04. The filing reports that 141,423,193 common shares were outstanding.
The shares to be sold come from two sources: 20,000 shares acquired on 12/08/2025 through a cash exercise of stock options, and 10,952 shares from restricted and performance stock units granted on 07/19/2023. The notice also lists prior Rule 10b5-1 sales over the past three months, including 25,000 shares sold on 12/03/2025 for gross proceeds of 10,000,000.00, 10,000 shares on 11/28/2025 for 3,750,126.00, and 952 shares on 11/10/2025 for 309,400.00.
Carvana Co. director Michael E. Maroone reported an option exercise and related share sales. On 12/03/2025, he exercised stock options for 30,928 shares of Class A common stock at an exercise price of $15 per share and acquired these shares. The same day, he sold 29,576 Class A shares at a volume-weighted average price of $400.3 per share in trades executed between $400.00 and $400.99, and sold an additional 1,352 shares at a volume-weighted average price of $401.18 per share in trades between $401.02 and $401.32. After these transactions, he held 143,573 Class A shares directly, plus 45,000 shares indirectly through the Michael Maroone Family Partnership, LP and 264 shares indirectly through a family trust. The transactions were executed under a Rule 10b5-1 trading plan adopted on May 30, 2025.
Carvana Co. insider transaction: Chief Brand Officer Ryan S. Keeton reported selling 10,000 shares of Carvana Class A common stock on 12/03/2025 at a price of $400 per share. After this sale, he beneficially owns 74,460 shares of Class A common stock, held directly. This filing was made on Form 4 as an individual reporting person and reflects a routine disclosure of insider trading activity required by securities regulations.
Carvana Co. insider trading report: A company officer, listed as President, Special Projects, reported selling 25,000 shares of Carvana Class A common stock on 12/03/2025 at a price of $400 per share. After this sale, the officer beneficially owns 80,832 shares directly. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan that the reporting person adopted on August 8, 2025, which is designed to allow insiders to sell shares according to a predetermined schedule.
A holder of Carvana Co. (CVNA) common stock filed a Form 144 notice covering the planned sale of 30,928 shares of common stock through Goldman Sachs & Co. LLC on the NYSE. The filing lists an aggregate market value of 12,216,560 for these shares and notes that there are 141,423,193 shares12/03/2025 via an option exercise, with payment also dated 12/03/2025. By signing the notice, the seller represents that they are not aware of any undisclosed material adverse information about Carvana’s current or prospective operations.
Carvana has a planned insider sale filing indicating that a holder intends to sell 25,000 shares of the company’s common stock under Rule 144. The shares are to be sold through Morgan Stanley Smith Barney on the NYSE, with an aggregate market value of $9,554,500 based on the pricing at the time of the notice, and are part of a larger base of 141,423,193 shares outstanding. The securities were acquired from the issuer on July 19, 2023 as restricted and performance stock units. Over the past three months, 10b5-1 sales for Thomas Taira included 10,000 common shares sold on November 28, 2025 for gross proceeds of $3,750,126 and 952 shares sold on November 10, 2025 for gross proceeds of $309,400. The seller represents that they are not aware of any undisclosed material adverse information about Carvana’s current or prospective operations.