Form 4 for CVNA Carvana
Accepted 2025-06-17 00:00:00 ET · period of report 2025-06-13 · accession 0001690820-25-000250 · 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 | 2025-06-17 | 2025-06-13+ | CVNA | GARCIA ERNEST C. III | CEO, Dir, 10% | S - Sale | $305.40 | -17.1K | 849.0K | -2% | -$5.23M |
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 | 2025-06-13 | S | D | 960 | $306.29 | 749,040 | I Ernest Irrevocable 2004 Trust III | — | — | (F1) The reported 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 $306.00 to $306.90, 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. (F3) 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 | 2025-06-16 | S | D | 901 | $301.78 | 843,540 | I Ernest C. Garcia III Multi-Generational Trust III | — | — | (F1) 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 $301.74 to $301.87, 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 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. |
| 3 | Common | Class A Common Stock | 2025-06-16 | S | D | 900 | $301.71 | 743,540 | I Ernest Irrevocable 2004 Trust III | — | — | (F1) 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 $301.71to $301.74 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. (F3) 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. |
| 4 | Common | Class A Common Stock | 2025-06-16 | S | D | 559 | $300.55 | 844,441 | I Ernest C. Garcia III Multi-Generational Trust III | — | — | (F1) 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 $300.21 to $300.91, 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 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. |
| 5 | Common | Class A Common Stock | 2025-06-16 | S | D | 560 | $300.21 | 744,440 | I Ernest Irrevocable 2004 Trust III | — | — | (F1) 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 $300.02 to $300.21, 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. (F3) 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. |
| 6 | Common | Class A Common Stock | 2025-06-13 | S | D | 4,040 | $307.69 | 845,000 | I Ernest C. Garcia III Multi-Generational Trust III | — | — | (F1) The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 13, 2024. (F5) This transaction was executed in multiple trades at prices ranging from $307.21 to $308.15 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. (F4) 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. |
| 7 | Common | Class A Common Stock | 2025-06-13 | S | D | 4,040 | $307.69 | 745,000 | I Ernest Irrevocable 2004 Trust III | — | — | (F1) The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 13, 2024. (F5) This transaction was executed in multiple trades at prices ranging from $307.21 to $308.15 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. (F3) 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. |
| 8 | Common | Class A Common Stock | 2025-06-16 | S | D | 2,100 | $303.50 | 841,440 | I Ernest C. Garcia III Multi-Generational Trust III | — | — | (F1) 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 $303.26 to $303.94, 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 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. |
| 9 | Common | Class A Common Stock | 2025-06-16 | S | D | 2,100 | $303.50 | 741,440 | I Ernest Irrevocable 2004 Trust III | — | — | (F1) 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 $303.26 to $303.94, 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. (F3) 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. |
| 10 | Common | Class A Common Stock | 2025-06-13 | S | D | 960 | $306.29 | 849,040 | I Ernest C. Garcia III Multi-Generational Trust III | — | — | (F1) The reported 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 $306.00 to $306.90, 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 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. |