Form 4 for CVNA Carvana
Accepted 2025-03-26 00:00:00 ET · period of report 2025-03-25 · accession 0001690820-25-000111 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2025-03-26 | 2025-03-25 | CVNA | Taira Thomas | Pres, Special Projects | S - Sale+OE | $225.03 | -27.6K | 179.7K | -13% | -$6.21M |
| DM | 2025-03-26 | 2025-03-25 | CVNA | Taira Thomas | Pres, Special Projects | M - OptEx | $47.69 | +22.6K | 199.6K | +13% | +$1.08M |
| DM | 2025-03-26 | 2025-03-25 | CVNA | Taira Thomas | Pres, Special Projects | M - OptEx | $0.00 | -22.6K | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2025-03-25 | S | D | 7,667 | $225.04 | 184,673 | D | — | — | (F1) The reported option exercises and sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 3, 2024. (F3) This transaction was executed in multiple trades at prices ranging from $225.00 to $225.12, inclusive. The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price. |
| 2 | Common | Class A Common Stock | 2025-03-25 | S | D | 14,926 | $225.03 | 192,340 | D | — | — | (F1) The reported option exercises and sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 3, 2024. (F2) This transaction was executed in multiple trades at prices ranging from $225.00 to $225.15, inclusive. The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price. |
| 3 | Common | Class A Common Stock | 2025-03-25 | M | A | 7,667 | $38.00 | 207,266 | D | — | — | (F1) The reported option exercises and sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 3, 2024. |
| 4 | Common | Class A Common Stock | 2025-03-25 | M | A | 14,926 | $52.66 | 199,599 | D | — | — | (F1) The reported option exercises and sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 3, 2024. |
| 5 | Common | Class A Common Stock | 2025-03-25 | S | D | 5,000 | $225.00 | 179,673 | D | — | — | (F1) The reported option exercises and sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 3, 2024. |
| 6 | Derivative | Stock Options (Right to Buy) | 2025-03-25 | M | D | 14,926 | $0.00 | 0 | D | $52.66 · 2019-10-01 to 2028-10-09 | 14,926 Class A Common Stock | (F4) The non-qualified stock options representing the right to purchase for the exercise price Class A Common Stock of the Issuer vested 25% on October 1, 2019 and monthly thereafter for the following three years, subject to the Reporting Person's continued service with the Issuer. |
| 7 | Derivative | Stock Options (Right to Buy) | 2025-03-25 | M | D | 7,667 | $0.00 | 0 | D | $38.00 · 2020-04-01 to 2029-02-25 | 7,667 Class A Common Stock | (F5) The non-qualified stock options representing the right to purchase for the exercise price Class A Common Stock of the Issuer vested 25% on April 1, 2020 and monthly thereafter for the following three years, subject to the Reporting Person's continued service with the Issuer. |