Form 4 for CVNA Carvana

Accepted 2025-07-08 00:00:00 ET · period of report 2025-07-07 · accession 0001690820-25-000263 · 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	2025-07-08	2025-07-07	CVNA	GILL DANIEL J.	Chief Product Off	S - Sale+OE	$350.00	-7,100	197.8K	-3%	-$2.48M
D	2025-07-08	2025-07-07	CVNA	GILL DANIEL J.	Chief Product Off	M - OptEx	$10.07	+7,100	204.9K	+4%	+$71.5K
D	2025-07-08	2025-07-07	CVNA	GILL DANIEL J.	Chief Product Off	M - OptEx	$0.00	-7,100	250.8K	-3%	$0

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Class A Common Stock	2025-07-07	S	D	7,100	$350.00	197,832	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 (the "10b5-1 Plan").
2	Common	Class A Common Stock	2025-07-07	M	A	7,100	$10.07	204,932	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 (the "10b5-1 Plan").
3	Derivative	Stock Options (Right to Buy)	2025-07-07	M	D	7,100	$0.00	250,786	D	$10.07 · 2024-04-01 to 2033-02-22	7,100 Class A Common Stock	(F2) 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.