Carvana SEC Filings

Ernest C. Garcia III, CEO and director of Carvana Co. (CVNA), reported multiple open-market sales of Class A common stock on 08/29/2025 executed under a Rule 10b5-1 trading plan. The Form 4 shows numerous block sales at progressively higher volume-weighted average prices ranging from approximately $366.82 to $376.52 per share, and several individual reported prices between $366.33 and $376.97 across multiple trades. The total number of Class A shares disposed of on the reporting lines sums to 923,155 shares. The shares sold were held indirectly through two trusts for which Mr. Garcia serves as Investment Trustee and Co-Administrative Trustee: the Ernest Irrevocable 2004 Trust III and the Ernest C. Garcia III Multi-Generational Trust III. The filing is signed by Paul Breaux by power of attorney on behalf of Mr. Garcia.

Ernest C. Garcia III, Carvana Co. (CVNA) director, CEO and >10% owner, reported multiple sales of Class A common stock on 08/28/2025. The transactions were effected under a Rule 10b5-1 trading plan adopted December 13, 2024, and the filing discloses aggregate disposals of 923,155 shares. Reported sale prices are presented as volume-weighted average prices for multiple trade windows, with individual VWAPs shown in the filing (examples: $370.16, $371.48, $374.51, $375.41, $376.27, $377.35). The Form 4 was signed by a power of attorney on behalf of Mr. Garcia on 09/02/2025. No derivative transactions are reported in Table II.

Carvana Co. (CVNA) Form 144 notice: The filer notifies a proposed sale of 10,000 common shares through Morgan Stanley Smith Barney LLC on 09/02/2025 valued at an aggregate market value of $3,719,200.00. The shares were acquired as restricted and performance stock units on 05/01/2024 and the filer lists the issuer's total shares outstanding as 138,083,496. The filing discloses related recent executed sales under a 10b5-1 plan totaling 80,000 common shares on dates in June–August 2025, with listed gross proceeds for those sales. The notice includes the standard representation that the seller is not aware of undisclosed material adverse information and indicates reliance on trading-plan procedures where applicable.

Form 144 filed for Carvana Co. (CVNA) reports a proposed sale of 12,750 common shares with an aggregate market value of $4,741,980 to be sold through Morgan Stanley Smith Barney on the NYSE on 09/02/2025. The filing states these 12,750 shares were acquired and paid for on 09/02/2025 by exercise of stock options and paid in cash. The form also discloses four 10b5-1 sales by the same account during the past three months totaling 83,187 shares and gross proceeds of $30,974,025.85 (sales on 06/06/2025, 07/01/2025, 07/31/2025 and 08/01/2025). The filer represents no undisclosed material adverse information and indicates reliance on a 10b5-1 plan for prior sales.

Ernest C. Garcia III, who serves as Chief Executive Officer, a director and a >10% owner of Carvana Co. (CVNA), reported multiple sales of Class A common stock executed on 08/27/2025 under a Rule 10b5-1 trading plan adopted on December 13, 2024. The Form 4 lists repeated dispositions in multiple trades at volume-weighted average prices reported between $367.99 and $372.77 across different lots, with individual reported VWAPs of $368.61, $369.13, $369.56, $370.66, $371.53, $372.18, $372.55 and $373.60. The shares were 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 Form 4 was signed by a Power of Attorney on behalf of the reporting person.

Ernest C. Garcia III, Chief Executive Officer, director and 10% owner of Carvana Co. (CVNA), reported the sale of 923,155 shares of Class A Common Stock on 08/26/2025. The filings state the sales were effected pursuant to a Rule 10b5-1 trading plan adopted on December 13, 2024, and the report lists multiple block trades with volume-weighted average prices reported in the table and explained footnotes.

The Form 4 identifies the shares as held indirectly through two trusts: the Ernest Irrevocable 2004 Trust III and the Ernest C. Garcia III Multi-Generational Trust III, and confirms the Reporting Person serves as Investment Trustee and Co-Administrative Trustee of those trusts. The filing was signed by Paul Breaux by power of attorney on behalf of Mr. Garcia on 08/28/2025.

Ernest C. Garcia III, Chief Executive Officer, Director and 10% owner of Carvana Co. (CVNA), reported multiple sales of Class A common stock on 08/25/2025. The filings state the sales were effected pursuant to a Rule 10b5-1 trading plan adopted December 13, 2024. The Form 4 lists numerous sale transactions executed at varying prices with volume-weighted average prices reported for grouped trades and an aggregate disposed amount shown as 923,155 shares. The disclosure identifies two trusts that hold shares for which Mr. Garcia is Investment Trustee and Co-Administrative Trustee. Details include per-trade VWAPs across price ranges and an authorized signature by Power of Attorney on 08/26/2025.

Ernest C. Garcia III, identified as Chief Executive Officer, director and a >10% owner of Carvana Co. (CVNA), reported sales of Class A common stock on 08/22/2025. The Form 4 shows two reported dispositions executed under a Rule 10b5-1 trading plan adopted December 13, 2024: one sale reported at a volume-weighted price of $361.49 for 100 shares and a second sale reported at a volume-weighted price of $362.18 for 101 shares (executed at prices ranging $361.49–$362.27). The filing discloses trust ownership: the Ernest Irrevocable 2004 Trust III and the Ernest C. Garcia III Multi-Generational Trust III, for which Mr. Garcia is Investment Trustee and Co-Administrative Trustee. The form is signed by an attorney-in-fact, Paul Breaux, on behalf of Mr. Garcia on 08/26/2025.

Ernest C. Garcia III, CEO, director and 10% owner of Carvana Co. (CVNA), reported multiple open‑market sales of Class A common stock on 08/22/2025 executed under a Rule 10b5‑1 trading plan adopted December 13, 2024. The filings list a series of discrete trades at varying prices producing a total of 923,155 shares sold on that date with volume‑weighted average prices reported for grouped trades.

The shares sold were held indirectly through two trusts for which Mr. Garcia serves as Investment Trustee. The Form 4 shows the transactions were routine sales pursuant to the pre‑existing 10b5‑1 plan and provides aggregated quantities and VWAPs for multiple trade groups; no derivative transactions or other amendments are reported.