Form 4 for CVNA Carvana
Accepted 2025-06-03 00:00:00 ET · period of report 2025-06-01 · accession 0001690820-25-000205 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| MI | 2025-06-03 | 2025-06-02 | CVNA | GARCIA ERNEST C. III | CEO, Dir, 10% | S - Sale | $325.28 | -10.0K | 894.0K | -1% | -$3.25M |
| 2025-06-03 | 2025-06-01 | CVNA | GARCIA ERNEST C. III | CEO, Dir, 10% | F - Tax | $327.16 | -1,230 | 925.6K | -0.1% | -$402.4K |
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 | S | D | 250 | $318.13 | 894,700 | I Ernest Irrevocable 2004 Trust III | — | — | (F2) The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 13, 2024. (F6) This transaction was executed in multiple trades at prices ranging from $317.75 to $318.53 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. (F4) These shares of Class A Common Stock are held directly by the Ernest Irrevocable 2004 Trust III (the "Irrevocable Trust"). The Reporting Person is the Investment Trustee and Co-Administrative Trustee of the Irrevocable Trust. |
| 2 | Common | Class A Common Stock | 2025-06-02 | S | D | 295 | $324.37 | 893,105 | I Ernest Irrevocable 2004 Trust III | — | — | (F2) The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 13, 2024. (F11) This transaction was executed in multiple trades at prices ranging from $323.74 to $324.71 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. (F4) These shares of Class A Common Stock are held directly by the Ernest Irrevocable 2004 Trust III (the "Irrevocable Trust"). The Reporting Person is the Investment Trustee and Co-Administrative Trustee of the Irrevocable Trust. |
| 3 | Common | Class A Common Stock | 2025-06-02 | S | D | 295 | $324.37 | 793,105 | I Ernest C. Garcia III Multi-Generational Trust III | — | — | (F2) The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 13, 2024. (F11) This transaction was executed in multiple trades at prices ranging from $323.74 to $324.71 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. (F5) These shares of Class A Common Stock are held directly by the Ernest C. Garcia III Multi-Generational Trust III (the "Multi-Generational Trust"). The Reporting Person is the Investment Trustee and Co-Administrative Trustee of the Multi-Generational Trust. |
| 4 | Common | Class A Common Stock | 2025-06-02 | S | D | 300 | $322.80 | 893,400 | I Ernest Irrevocable 2004 Trust III | — | — | (F2) The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 13, 2024. (F10) This transaction was executed in multiple trades at prices ranging from $322.53 to $323.29 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. (F4) These shares of Class A Common Stock are held directly by the Ernest Irrevocable 2004 Trust III (the "Irrevocable Trust"). The Reporting Person is the Investment Trustee and Co-Administrative Trustee of the Irrevocable Trust. |
| 5 | Common | Class A Common Stock | 2025-06-02 | S | D | 300 | $322.80 | 793,400 | I Ernest C. Garcia III Multi-Generational Trust III | — | — | (F2) The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 13, 2024. (F10) This transaction was executed in multiple trades at prices ranging from $322.53 to $323.29 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. (F5) These shares of Class A Common Stock are held directly by the Ernest C. Garcia III Multi-Generational Trust III (the "Multi-Generational Trust"). The Reporting Person is the Investment Trustee and Co-Administrative Trustee of the Multi-Generational Trust. |
| 6 | Common | Class A Common Stock | 2025-06-02 | S | D | 300 | $321.81 | 893,700 | I Ernest Irrevocable 2004 Trust III | — | — | (F2) The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 13, 2024. (F9) This transaction was executed in multiple trades at prices ranging from $321.36 to $322.26 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. (F4) These shares of Class A Common Stock are held directly by the Ernest Irrevocable 2004 Trust III (the "Irrevocable Trust"). The Reporting Person is the Investment Trustee and Co-Administrative Trustee of the Irrevocable Trust. |
| 7 | Common | Class A Common Stock | 2025-06-02 | S | D | 300 | $321.81 | 793,700 | I Ernest C. Garcia III Multi-Generational Trust III | — | — | (F2) The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 13, 2024. (F9) This transaction was executed in multiple trades at prices ranging from $321.36 to $322.26 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. (F5) These shares of Class A Common Stock are held directly by the Ernest C. Garcia III Multi-Generational Trust III (the "Multi-Generational Trust"). The Reporting Person is the Investment Trustee and Co-Administrative Trustee of the Multi-Generational Trust. |
| 8 | Common | Class A Common Stock | 2025-06-02 | S | D | 531 | $325.85 | 892,574 | I Ernest Irrevocable 2004 Trust III | — | — | (F2) The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 13, 2024. (F13) This transaction was executed in multiple trades at prices ranging from $325.76 to $325.92 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. (F4) These shares of Class A Common Stock are held directly by the Ernest Irrevocable 2004 Trust III (the "Irrevocable Trust"). The Reporting Person is the Investment Trustee and Co-Administrative Trustee of the Irrevocable Trust. |
| 9 | Common | Class A Common Stock | 2025-06-02 | S | D | 823 | $326.16 | 791,750 | I Ernest C. Garcia III Multi-Generational Trust III | — | — | (F2) The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 13, 2024. (F14) This transaction was executed in multiple trades at prices ranging from $325.99 to $326.45 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. (F5) These shares of Class A Common Stock are held directly by the Ernest C. Garcia III Multi-Generational Trust III (the "Multi-Generational Trust"). The Reporting Person is the Investment Trustee and Co-Administrative Trustee of the Multi-Generational Trust. |
| 10 | Common | Class A Common Stock | 2025-06-02 | S | D | 824 | $326.54 | 891,750 | I Ernest Irrevocable 2004 Trust III | — | — | (F2) The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 13, 2024. (F15) This transaction was executed in multiple trades at prices ranging from $326.45 to $326.64 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. (F4) These shares of Class A Common Stock are held directly by the Ernest Irrevocable 2004 Trust III (the "Irrevocable Trust"). The Reporting Person is the Investment Trustee and Co-Administrative Trustee of the Irrevocable Trust. |
| 11 | Common | Class A Common Stock | 2025-06-02 | S | D | 400 | $327.60 | 791,350 | I Ernest C. Garcia III Multi-Generational Trust III | — | — | (F2) The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 13, 2024. (F16) This transaction was executed in multiple trades at prices ranging from $327.07 to $328.05 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. (F5) These shares of Class A Common Stock are held directly by the Ernest C. Garcia III Multi-Generational Trust III (the "Multi-Generational Trust"). The Reporting Person is the Investment Trustee and Co-Administrative Trustee of the Multi-Generational Trust. |
| 12 | Common | Class A Common Stock | 2025-06-02 | S | D | 400 | $327.60 | 891,350 | I Ernest Irrevocable 2004 Trust III | — | — | (F2) The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 13, 2024. (F16) This transaction was executed in multiple trades at prices ranging from $327.07 to $328.05 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. (F4) These shares of Class A Common Stock are held directly by the Ernest Irrevocable 2004 Trust III (the "Irrevocable Trust"). The Reporting Person is the Investment Trustee and Co-Administrative Trustee of the Irrevocable Trust. |
| 13 | Common | Class A Common Stock | 2025-06-02 | S | D | 672 | $329.28 | 790,678 | I Ernest C. Garcia III Multi-Generational Trust III | — | — | (F2) The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 13, 2024. (F17) This transaction was executed in multiple trades at prices ranging from $328.63 to $329.62 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. (F5) These shares of Class A Common Stock are held directly by the Ernest C. Garcia III Multi-Generational Trust III (the "Multi-Generational Trust"). The Reporting Person is the Investment Trustee and Co-Administrative Trustee of the Multi-Generational Trust. |
| 14 | Common | Class A Common Stock | 2025-06-02 | S | D | 672 | $329.28 | 890,678 | I Ernest Irrevocable 2004 Trust III | — | — | (F2) The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 13, 2024. (F17) This transaction was executed in multiple trades at prices ranging from $328.63 to $329.62 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. (F4) These shares of Class A Common Stock are held directly by the Ernest Irrevocable 2004 Trust III (the "Irrevocable Trust"). The Reporting Person is the Investment Trustee and Co-Administrative Trustee of the Irrevocable Trust. |
| 15 | Common | Class A Common Stock | 2025-06-02 | S | D | 678 | $329.93 | 790,000 | I Ernest C. Garcia III Multi-Generational Trust III | — | — | (F2) The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 13, 2024. (F18) This transaction was executed in multiple trades at prices ranging from $329.65 to $330.35 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. (F5) These shares of Class A Common Stock are held directly by the Ernest C. Garcia III Multi-Generational Trust III (the "Multi-Generational Trust"). The Reporting Person is the Investment Trustee and Co-Administrative Trustee of the Multi-Generational Trust. |
| 16 | Common | Class A Common Stock | 2025-06-02 | S | D | 678 | $329.93 | 890,000 | I | — | — | (F2) The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 13, 2024. (F18) This transaction was executed in multiple trades at prices ranging from $329.65 to $330.35 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. |
| 17 | Common | Class A Common Stock | 2025-06-01 | F | D | 1,230 | $327.16 | 925,613 | D Ernest Irrevocable 2004 Trust III | — | — | (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. (F4) These shares of Class A Common Stock are held directly by the Ernest Irrevocable 2004 Trust III (the "Irrevocable Trust"). The Reporting Person is the Investment Trustee and Co-Administrative Trustee of the Irrevocable Trust. |
| 18 | Common | Class A Common Stock | 2025-06-02 | S | D | 50 | $316.69 | 794,950 | I Ernest C. Garcia III Multi-Generational Trust III | — | — | (F2) The reported 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 $316.69 to $316.70, 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. (F5) These shares of Class A Common Stock are held directly by the Ernest C. Garcia III Multi-Generational Trust III (the "Multi-Generational Trust"). The Reporting Person is the Investment Trustee and Co-Administrative Trustee of the Multi-Generational Trust. |
| 19 | Common | Class A Common Stock | 2025-06-02 | S | D | 50 | $316.69 | 894,950 | I Ernest Irrevocable 2004 Trust III | — | — | (F2) The reported 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 $316.69 to $316.70, 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. (F4) These shares of Class A Common Stock are held directly by the Ernest Irrevocable 2004 Trust III (the "Irrevocable Trust"). The Reporting Person is the Investment Trustee and Co-Administrative Trustee of the Irrevocable Trust. |
| 20 | Common | Class A Common Stock | 2025-06-02 | S | D | 250 | $318.13 | 794,700 | I Ernest C. Garcia III Multi-Generational Trust III | — | — | (F2) The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 13, 2024. (F6) This transaction was executed in multiple trades at prices ranging from $317.75 to $318.53 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. (F5) These shares of Class A Common Stock are held directly by the Ernest C. Garcia III Multi-Generational Trust III (the "Multi-Generational Trust"). The Reporting Person is the Investment Trustee and Co-Administrative Trustee of the Multi-Generational Trust. |
| 21 | Common | Class A Common Stock | 2025-06-02 | S | D | 532 | $325.25 | 792,573 | I Ernest C. Garcia III Multi-Generational Trust III | — | — | (F2) The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 13, 2024. (F12) This transaction was executed in multiple trades at prices ranging from $324.98 to $325.76 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. (F5) These shares of Class A Common Stock are held directly by the Ernest C. Garcia III Multi-Generational Trust III (the "Multi-Generational Trust"). The Reporting Person is the Investment Trustee and Co-Administrative Trustee of the Multi-Generational Trust. |
| 22 | Common | Class A Common Stock | 2025-06-02 | S | D | 200 | $319.17 | 794,500 | I Ernest C. Garcia III Multi-Generational Trust III | — | — | (F2) The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 13, 2024. (F7) This transaction was executed in multiple trades at prices ranging from $318.96 to $319.33 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. (F5) These shares of Class A Common Stock are held directly by the Ernest C. Garcia III Multi-Generational Trust III (the "Multi-Generational Trust"). The Reporting Person is the Investment Trustee and Co-Administrative Trustee of the Multi-Generational Trust. |
| 23 | Common | Class A Common Stock | 2025-06-02 | S | D | 200 | $319.17 | 894,500 | I Ernest Irrevocable 2004 Trust III | — | — | (F2) The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 13, 2024. (F7) This transaction was executed in multiple trades at prices ranging from $318.96 to $319.33 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. (F4) These shares of Class A Common Stock are held directly by the Ernest Irrevocable 2004 Trust III (the "Irrevocable Trust"). The Reporting Person is the Investment Trustee and Co-Administrative Trustee of the Irrevocable Trust. |
| 24 | Common | Class A Common Stock | 2025-06-02 | S | D | 500 | $320.65 | 794,000 | I Ernest C. Garcia III Multi-Generational Trust III | — | — | (F2) The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 13, 2024. (F8) This transaction was executed in multiple trades at prices ranging from $320.33 to $321.01 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. (F5) These shares of Class A Common Stock are held directly by the Ernest C. Garcia III Multi-Generational Trust III (the "Multi-Generational Trust"). The Reporting Person is the Investment Trustee and Co-Administrative Trustee of the Multi-Generational Trust. |
| 25 | Common | Class A Common Stock | 2025-06-02 | S | D | 500 | $320.65 | 894,000 | I Ernest Irrevocable 2004 Trust III | — | — | (F2) The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 13, 2024. (F8) This transaction was executed in multiple trades at prices ranging from $320.33 to $321.01 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. (F4) These shares of Class A Common Stock are held directly by the Ernest Irrevocable 2004 Trust III (the "Irrevocable Trust"). The Reporting Person is the Investment Trustee and Co-Administrative Trustee of the Irrevocable Trust. |