Form 4 for CVNA Carvana
Accepted 2025-06-09 00:00:00 ET · period of report 2025-06-06 · accession 0001690820-25-000229 · 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 | 2025-06-09 | 2025-06-09 | CVNA | JENKINS MARK W. | CFO | C - Cnv Deriv | $0.00 | +20.0K | 212.2K | +10% | $0 |
| D | 2025-06-09 | 2025-06-06 | CVNA | JENKINS MARK W. | CFO | S - Sale | $350.00 | -20.0K | 192.2K | -9% | -$7.00M |
| DM | 2025-06-09 | 2025-06-09 | CVNA | JENKINS MARK W. | CFO | C - Cnv Deriv | $4.88 | -25.5K | 0 | -100% | -$124.2K |
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 | 2025-06-09 | C | A | 20,000 | $0.00 | 212,239 | D | — | — | (F4) The Reporting Person was granted the 200,000 Class B Units on March 24, 2015 with a participation threshold of $4.878, 40,000 of which vested on March 1, 2016 and 3,333 of which vested on the first of each month thereafter. The Class B Units have no expiration date. (F2) Mr. Jenkins was granted the 60,000 Class B Units on January 28, 2016 with a participation threshold of $4.878, 12,000 of which vested on March 1, 2016 and 1,000 of which vested on the first of each month thereafter. The Class B Units have no expiration date. (F3) Pursuant to an exchange agreement among the Issuer and certain common unit holders of Carvana Group, LLC, dated April 27, 2017 (the "Exchange Agreement"), holders of Class B Units may exchange their Class B Units for a number of shares of the Issuer's Class A Common Stock equal to the Class A Common Stock Value less the Adjusted Participation Threshold (as each term is defined in the Exchange Agreement) multiplied by 0.8 times the number of Class B Units being exchanged, divided by the Class A Common Stock Value. |
| 2 | Common | Class A Common Stock | 2025-06-06 | S | D | 20,000 | $350.00 | 192,239 | D | — | — | |
| 3 | Derivative | Class B Units | 2025-06-09 | C | D | 7,127 | $4.88 | 192,873 | D | $4.88 · — to — | 5,600 Class A Common Stock | (F4) The Reporting Person was granted the 200,000 Class B Units on March 24, 2015 with a participation threshold of $4.878, 40,000 of which vested on March 1, 2016 and 3,333 of which vested on the first of each month thereafter. The Class B Units have no expiration date. |
| 4 | Derivative | Class B Units | 2025-06-09 | C | D | 18,326 | $4.88 | 0 | D | $4.88 · — to — | 14,400 Class A Common Stock | (F2) Mr. Jenkins was granted the 60,000 Class B Units on January 28, 2016 with a participation threshold of $4.878, 12,000 of which vested on March 1, 2016 and 1,000 of which vested on the first of each month thereafter. The Class B Units have no expiration date. |