Welcome to our dedicated page for Carvana SEC filings (Ticker: CVNA), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
This page provides access to U.S. Securities and Exchange Commission filings for Carvana Co. (NYSE: CVNA), an e-commerce platform for buying and selling used cars. As a public company, Carvana files a range of documents with the SEC that detail its financial condition, operating results, risk factors, and significant corporate events.
Among the most closely followed filings are Carvana’s quarterly reports on Form 10-Q and annual reports on Form 10-K, which present financial statements, management’s discussion and analysis, and information about its business model. These reports explain how Carvana generates revenue from used vehicle sales, wholesale vehicle sales, and other sales and revenues, including sales of loans to financing partners, commissions on vehicle service contracts, and sales of GAP waiver coverage.
Carvana also files current reports on Form 8-K to disclose material events. Recent Form 8-K filings have reported the announcement of quarterly financial results, referencing shareholder letters and press releases that provide additional detail on metrics such as net income, Adjusted EBITDA, and operating performance. These filings help investors track developments between periodic reports.
In addition, Carvana’s filings may include information on capital structure, risk factors, and relationships with subsidiaries such as ADESA, as well as discussions of macroeconomic and industry-related risks that could affect its operations. Disclosures about non-GAAP measures, including Adjusted EBITDA and Adjusted EBITDA margin, explain how management evaluates the business beyond traditional GAAP metrics.
On Stock Titan, Carvana’s SEC filings are updated as new documents are made available through the EDGAR system. AI-powered summaries and highlights can help readers quickly understand the key points of lengthy filings, including quarterly and annual reports and current reports on Form 8-K, while links to Form 4 and other ownership-related filings support research into insider transactions and equity holdings.
Carvana Co. (CVNA) founder, CEO, director and 10% owner Ernest C. Garcia III filed a Form 4 for trades executed on 29 Jul 2025. Acting through two family trusts, he sold 5,766 Class A shares in 22 micro-tranches priced between $331.76 and $343.84 under a previously adopted Rule 10b5-1 plan (dated 13 Dec 2024). Estimated gross proceeds are roughly $1.95 million (VWAP ≈ $337).
Post-sale holdings stand at about 601.5 k shares in the Ernest Irrevocable 2004 Trust and 701.4 k shares in the Multi-Generational Trust, leaving Garcia with an indirect stake of ~1.30 million shares. No derivative securities were transacted.
The filing reflects continued, systematic liquidity taking by the founder at elevated price levels. Although the 10b5-1 structure limits informational concerns, recurring insider sales can be interpreted as a moderately bearish sentiment signal for near-term investors.
Carvana Co. (CVNA) CEO, director and 10% owner Ernest C. Garcia III disclosed the indirect sale of 13,456 Class A shares on 28-29 Jul 2025 via two family trusts. Sale prices ranged from $328.20 to $338.66, implying gross proceeds of roughly $4.5 million. All dispositions were carried out under a Rule 10b5-1 plan adopted 13 Dec 2024, indicating the trades were pre-scheduled and not based on near-term corporate developments.
After these transactions, the Ernest Irrevocable 2004 Trust III holds about 604 k shares and the Ernest C. Garcia III Multi-Generational Trust III retains roughly 706 k shares, leaving Garcia’s combined indirect interest above 1.3 million shares. No derivative activity or changes in direct ownership were reported. While the dollar amount is modest relative to his remaining stake, the filing informs investors of ongoing insider selling and updates the beneficial ownership table. No operational or financial metrics were provided.
Carvana (CVNA) Form 4 – insider activity
- Founder and 10%+ owner Ernest C. Garcia II exchanged 50,000 Class A units for Class A shares on 7/25/25 and another 50,000 on 7/28/25.
- All 100,000 newly issued Class A shares were immediately sold under a Rule 10b5-1 plan in 13 tranches at weighted-average prices of roughly $333-$339, generating ≈ $33 million in gross proceeds.
- Each exchange triggered a one-for-one cancellation of Class B super-voting shares; Garcia’s direct Class B stake falls from 35.59 m to 35.44 m.
Post-transaction ownership
- Class A common: 0 shares held directly.
- Class B common: 35.44 m direct & 8.0 m indirect via ECG II SPE.
- Exchangeable Class A units: 44.30 m direct & 10.0 m indirect.
The sales provide liquidity to the founder and slightly reduce super-voting concentration, but they also represent sizable insider selling at elevated price levels, which some investors may view as a bearish signal. Garcia retains a controlling economic and voting interest.
Carvana Co. (CVNA) CEO, Director and >10% owner Ernest C. Garcia III disclosed the sale of 10,000 Class A shares on 25 Jul 2025 through two family trusts operating under a Rule 10b5-1 trading plan adopted 13 Dec 2024. Each trust—Ernest Irrevocable 2004 Trust III and Ernest C. Garcia III Multi-Generational Trust III—sold 5,000 shares across 18 separate trades at volume-weighted average prices between $329.03 and $339.61, generating roughly $3.3 million in aggregate proceeds. Following the transactions, the Irrevocable Trust holds 611,440 shares and the Multi-Generational Trust holds 711,440 shares, leaving Garcia with an indirect stake of approximately 1.32 million shares. No derivative securities were exercised or disposed. The divestiture represents only about 0.75 % of the combined pre-sale holdings, appears routine, and does not alter Garcia’s control status.
Carvana Co. (CVNA) Form 4: On 24 Jul 2025, CEO/Chairman >10% holder Ernest C. Garcia III disposed of a total of 10,000 Class A shares through two family trusts pursuant to a Rule 10b5-1 plan adopted 13 Dec 2024. Sale prices ranged from $327.81 to $341.99, with volume-weighted averages noted for each tranche, implying gross proceeds of roughly $3.3 million.
After the transactions, the Ernest Irrevocable 2004 Trust III holds 616,440 shares while the Ernest C. Garcia III Multi-Generational Trust III holds 716,440, leaving Garcia’s indirect stake via these trusts at 1,332,880 shares. The sale represents about 0.75 % of the trusts’ prior combined holdings; no derivative securities were involved. Garcia remains a Director, Chief Executive Officer and >10 % owner of Carvana.
FAQ
What is the current stock price of Carvana (CVNA)?
What is the market cap of Carvana (CVNA)?
