Form 4 for CVNA Carvana
Accepted 2025-05-12 00:00:00 ET · period of report 2025-05-08 · accession 0001690820-25-000169 · 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 | 2025-05-12 | 2025-05-08 | CVNA | GILL DANIEL J. | Chief Product Off | M - OptEx | $39.36 | +60.1K | 271.3K | +28% | +$2.37M |
| DM | 2025-05-12 | 2025-05-08 | CVNA | GILL DANIEL J. | Chief Product Off | S - Sale+OE | $281.43 | -70.2K | 258.1K | -21% | -$19.75M |
| DM | 2025-05-12 | 2025-05-08 | CVNA | GILL DANIEL J. | Chief Product Off | M - OptEx | $0.00 | -60.1K | 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 | 2025-05-08 | M | A | 13,190 | $44.21 | 224,299 | 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 13, 2024. |
| 2 | Common | Class A Common Stock | 2025-05-08 | M | A | 46,954 | $38.00 | 271,253 | 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 13, 2024. |
| 3 | Common | Class A Common Stock | 2025-05-08 | S | D | 6,075 | $273.01 | 265,178 | 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 13, 2024. (F2) This transaction was executed in multiple trades at prices ranging from $272.26 to $273.25, 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. |
| 4 | Common | Class A Common Stock | 2025-05-08 | S | D | 23,954 | $290.00 | 201,087 | 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 13, 2024. |
| 5 | Common | Class A Common Stock | 2025-05-08 | S | D | 10,022 | $275.00 | 248,041 | 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 13, 2024. |
| 6 | Common | Class A Common Stock | 2025-05-08 | S | D | 23,000 | $280.00 | 225,041 | 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 13, 2024. |
| 7 | Common | Class A Common Stock | 2025-05-08 | S | D | 7,115 | $273.42 | 258,063 | 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 13, 2024. (F3) This transaction was executed in multiple trades at prices ranging from $273.26 to $274.19, 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. |
| 8 | Derivative | Stock Options (Right to Buy) | 2025-05-08 | M | D | 13,190 | $0.00 | 0 | D | $44.21 · 2019-04-01 to 2028-07-28 | 13,190 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 April 1, 2019 and monthly thereafter for the following three years, subject to the Reporting Person's continued service with the Issuer. |
| 9 | Derivative | Stock Options (Right to Buy) | 2025-05-08 | M | D | 46,954 | $0.00 | 0 | D | $38.00 · 2020-04-01 to 2029-02-25 | 46,954 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. |