Form 4 for CVNA Carvana
Accepted 2025-06-03 00:00:00 ET · period of report 2025-06-01 · accession 0001690820-25-000202 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2025-06-03 | 2025-06-02 | CVNA | GILL DANIEL J. | Chief Product Off | M - OptEx | $10.07 | +32.5K | 232.3K | +16% | +$327.3K |
| D | 2025-06-03 | 2025-06-01 | CVNA | GILL DANIEL J. | Chief Product Off | F - Tax | $327.16 | -1,331 | 199.8K | -0.7% | -$435.4K |
| D | 2025-06-03 | 2025-06-02 | CVNA | GILL DANIEL J. | Chief Product Off | S - Sale+OE | $330.30 | -32.5K | 199.8K | -14% | -$10.73M |
| D | 2025-06-03 | 2025-06-02 | CVNA | GILL DANIEL J. | Chief Product Off | M - OptEx | $0.00 | -32.5K | 315.8K | -9% | $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 | 2025-06-02 | M | A | 32,500 | $10.07 | 232,256 | D | — | — | (F2) 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 (the "10b5-1 Plan"). |
| 2 | Common | Class A Common Stock | 2025-06-01 | F | D | 1,331 | $327.16 | 199,756 | D | — | — | (F1) Represents total number of shares of Class A Common Stock of the Issuer withheld for taxes upon vesting of restricted stock units pursuant to various awards. |
| 3 | Common | Class A Common Stock | 2025-06-02 | S | D | 32,500 | $330.30 | 199,756 | D | — | — | (F2) 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 (the "10b5-1 Plan"). (F3) This transaction was executed in multiple trades at prices ranging from $330.00 to $330.78, 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 | Derivative | Stock Options (Right to Buy) | 2025-06-02 | M | D | 32,500 | $0.00 | 315,786 | D | $10.07 · 2024-04-01 to 2033-02-22 | 32,500 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, 2024 and monthly thereafter for the following three years, subject to the Reporting Person's continued service with the Issuer. |