Form 4 for CVNA Carvana
Accepted 2025-08-04 00:00:00 ET · period of report 2025-07-31 · accession 0001690820-25-000336 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2025-08-04 | 2025-07-31 | CVNA | GILL DANIEL J. | Chief Product Off | M - OptEx | $110.37 | +80.0K | 212.9K | +60% | +$8.83M |
| DM | 2025-08-04 | 2025-07-31 | CVNA | GILL DANIEL J. | Chief Product Off | S - Sale+OE | $398.91 | -80.0K | 265.3K | -23% | -$31.91M |
| D | 2025-08-04 | 2025-08-01 | CVNA | GILL DANIEL J. | Chief Product Off | F - Tax | $367.78 | -1,371 | 196.5K | -0.7% | -$504.2K |
| DM | 2025-08-04 | 2025-07-31 | CVNA | GILL DANIEL J. | Chief Product Off | M - OptEx | $0.00 | -80.0K | 7,579 | -91% | $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 | 2025-07-31 | M | A | 24,942 | $88.62 | 237,832 | 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 | 2025-07-31 | M | A | 31,679 | $126.40 | 269,511 | 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 | Common | Class A Common Stock | 2025-07-31 | M | A | 8,321 | $296.05 | 277,832 | 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"). |
| 4 | Common | Class A Common Stock | 2025-07-31 | S | D | 900 | $398.25 | 264,362 | 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"). (F2) This transaction was executed in multiple trades at prices ranging from $397.68 to $398.64, 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. |
| 5 | Common | Class A Common Stock | 2025-07-31 | S | D | 9,454 | $399.31 | 254,908 | 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"). (F3) This transaction was executed in multiple trades at prices ranging from $398.88 to $399.52, 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. |
| 6 | Common | Class A Common Stock | 2025-07-31 | S | D | 57,076 | $400.00 | 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"). (F4) This transaction was executed in multiple trades at prices ranging from $399.99 to $400.00, 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. |
| 7 | Common | Class A Common Stock | 2025-08-01 | F | D | 1,371 | $367.78 | 196,461 | D | — | — | (F5) 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. |
| 8 | Common | Class A Common Stock | 2025-07-31 | M | A | 15,058 | $10.07 | 212,890 | 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"). |
| 9 | Common | Class A Common Stock | 2025-07-31 | S | D | 12,570 | $393.72 | 265,262 | 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"). |
| 10 | Derivative | Stock Options (Right to Buy) | 2025-07-31 | M | D | 15,058 | $0.00 | 235,728 | D | $10.07 · 2024-04-01 to 2033-02-22 | 15,058 Class A Common Stock | (F6) 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. |
| 11 | Derivative | Stock Options (Right to Buy) | 2025-07-31 | M | D | 24,942 | $0.00 | 0 | D | $88.62 · 2021-04-01 to 2030-02-14 | 24,942 Class A Common Stock | (F7) 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, 2021 and monthly thereafter for the following three years, subject to the Reporting Person's continued service with the Issuer. |
| 12 | Derivative | Stock Options (Right to Buy) | 2025-07-31 | M | D | 31,679 | $0.00 | 11,766 | D | $126.40 · 2023-04-01 to 2032-02-21 | 31,679 Class A Common Stock | (F8) 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, 2023 and monthly thereafter for the following three years, subject to the Reporting Person's continued service with the Issuer. |
| 13 | Derivative | Stock Options (Right to Buy) | 2025-07-31 | M | D | 8,321 | $0.00 | 7,579 | D | $296.05 · 2022-04-01 to 2031-02-17 | 8,321 Class A Common Stock | (F9) 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, 2022 and monthly thereafter for the following three years, subject to the Reporting Person's continued service with the Issuer. |