Carvana SEC Filings

Ernest C. Garcia III, who serves as Carvana's CEO, director and a 10% owner, reported multiple sales of Class A common stock executed on 09/23/2025 under a Rule 10b5-1 trading plan adopted December 13, 2024. The transactions disposed of a total of 921,926 Class A shares in multiple trades with volume-weighted average sale prices reported at approximately $392.46 and $393.11, and individual trade price ranges noted between $391.80 and $393.68. The filings show the sold shares were held indirectly through the Ernest Irrevocable 2004 Trust III and the Ernest C. Garcia III Multi-Generational Trust III, where Garcia is named Investment Trustee and Co-Administrative Trustee. The Form 4 was signed by Paul Breaux by power of attorney on 09/25/2025.

Ernest C. Garcia III, listed as Director, 10% owner and Chief Executive Officer of Carvana Co. (CVNA), reported multiple sales of Class A common stock on 09/23/2025. The Form 4 shows aggregated disposals of 921,926 shares executed in numerous trades at prices ranging from $376.69 to $391.63. The sales were effected pursuant to a Rule 10b5-1 trading plan adopted on December 13, 2024. Shares are held indirectly through two trusts: the Ernest Irrevocable 2004 Trust III and the Ernest C. Garcia III Multi-Generational Trust III, where the reporting person serves as Investment Trustee and Co-Administrative Trustee. The filer offered to provide per-trade share counts on request.

Ernest C. Garcia III, Chief Executive Officer, Director and >10% owner of Carvana Co. (CVNA), reported insider sales on 09/22/2025. The Form 4 shows dispositions executed pursuant to a Rule 10b5-1 trading plan adopted December 13, 2024. The filings list multiple sales totaling 921,926 shares of Class A common stock at reported volume-weighted average prices ranging from $384.54 to $392.56 (individual trade ranges provided in the remarks). Transactions are reported as indirect holdings through two trusts for which Mr. Garcia serves as Investment Trustee and Co-Administrative Trustee.

Ernest C. Garcia III, Carvana CEO, director and 10% owner, reported multiple sales of Class A common stock on 09/19/2025. The Form 4 shows aggregated dispositions of 921,926 shares executed in multiple trades at volume-weighted average prices reported in ranges from about $380.83 to $390.57. The sales were effected pursuant to a Rule 10b5-1 trading plan adopted December 13, 2024. Shares sold were held indirectly through the Ernest Irrevocable 2004 Trust III and the Ernest C. Garcia III Multi-Generational Trust III, where the reporting person serves as trustee.

Ernest C. Garcia III, who serves as Chief Executive Officer, a director and a reported 10% owner of Carvana Co. (CVNA), reported multiple sales of Class A common stock on 09/18/2025 executed pursuant to a Rule 10b5-1 trading plan adopted December 13, 2024. The Form 4 discloses a total reported disposition of 921,926 shares. Reported sale prices are reported as volume-weighted averages with trade-level ranges of $393.21–$393.83 and $394.71–$395.48. Post-transaction beneficial ownership figures appear for shares held in two trusts where Mr. Garcia is Investment Trustee. The Form is signed by power of attorney on 09/19/2025.

Ernest C. Garcia III, Carvana Co. (CVNA) director, CEO and 10% owner, reported multiple sales of Class A common stock executed on 09/18/2025 under a Rule 10b5-1 trading plan adopted December 13, 2024. The transactions were completed in numerous trades at volume-weighted average prices shown (examples: $377.09; other trades ranged from $376.78 to $393.14). The Form 4 lists aggregate dispositions across the reported lines totaling 921,926 shares sold. The filing discloses the shares are held indirectly through the Ernest Irrevocable 2004 Trust III and the Ernest C. Garcia III Multi-Generational Trust III, where the reporting person serves as Investment Trustee and Co-Administrative Trustee. The Form 4 was signed by a Power of Attorney on behalf of the reporting person.

Ernest C. Garcia III, Carvana Co. director, CEO and 10% owner, reported a series of open-market sales of Class A common stock executed on 09/17/2025 under a Rule 10b5-1 trading plan adopted December 13, 2024. The filings list multiple disposals at volume-weighted average prices between $369.17 and $379.65 per share, with individual trade groups shown at specific VWAPs. The aggregated disposals reported in the table total 921,926 shares sold, with remaining beneficial ownership positions reported for two trusts (the Ernest Irrevocable 2004 Trust III and the Ernest C. Garcia III Multi-Generational Trust III). The Form 4 was signed by Paul Breaux by power of attorney on behalf of Mr. Garcia.

Ernest C. Garcia III, CEO, director and >10% owner of Carvana Co. (CVNA), reported multiple stock sales on September 16, 2025 executed under a Rule 10b5-1 trading plan. The filings show aggregated disposals of 921,926 shares of Class A common stock across multiple trades with volume-weighted average prices reported in the $359.74 to $366.47 range and specific reported sale prices around $360.20 to $366.47. Shares are held indirectly through the Ernest Irrevocable 2004 Trust III and the Ernest C. Garcia III Multi-Generational Trust III. The Form 4 was signed by POA on September 17, 2025.

Ernest C. Garcia III, Chief Executive Officer and director of Carvana Co. (CVNA), reported multiple sales of Class A common stock on 09/15/2025 under a pre-existing Rule 10b5-1 trading plan adopted December 13, 2024. The Form 4 shows aggregate dispositions totaling 921,926 shares of Class A common stock. Individual reported volume-weighted average sale prices range in the disclosure (examples shown include $361.97, $362.88, $364.12, and up to $369.17), with detailed per-trade price ranges provided for each reported block. The filing was signed by Paul Breaux by power of attorney on 09/17/2025, and the shares are held directly or indirectly through two trusts for which Garcia is trustee.