Form 4 for CVNA Carvana
Accepted 2025-10-02 00:00:00 ET · period of report 2025-10-01 · accession 0001700537-25-000007 · 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 | 2025-10-02 | 2025-10-01 | CVNA | HUSTON BENJAMIN E. | COO | S - Sale+OE | $389.27 | -10.0K | 109.0K | -8% | -$3.89M |
| D | 2025-10-02 | 2025-10-01 | CVNA | HUSTON BENJAMIN E. | COO | M - OptEx | $10.07 | +10.0K | 113.2K | +10% | +$100.7K |
| D | 2025-10-02 | 2025-10-01 | CVNA | HUSTON BENJAMIN E. | COO | F - Tax | $395.41 | -1,219 | 103.2K | -1% | -$482.0K |
| D | 2025-10-02 | 2025-10-01 | CVNA | HUSTON BENJAMIN E. | COO | M - OptEx | $0.00 | -10.0K | 428.5K | -2% | $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 | 2025-10-01 | S | D | 400 | $379.97 | 112,797 | D | — | — | (F2) 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 $379.67 to $380.38, inclusive. (F3) 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. |
| 2 | Common | Class A Common Stock | 2025-10-01 | S | D | 200 | $381.34 | 112,597 | D | — | — | (F2) 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) 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) This transaction was executed in multiple trades at prices ranging from $381.11 to $381.56, inclusive. |
| 3 | Common | Class A Common Stock | 2025-10-01 | S | D | 312 | $382.83 | 112,285 | D | — | — | (F2) 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"). (F6) This transaction was executed in multiple trades at prices ranging from $382.62 to $383.46, inclusive. (F3) 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. |
| 4 | Common | Class A Common Stock | 2025-10-01 | S | D | 578 | $393.55 | 105,313 | D | — | — | (F2) 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"). (F15) This transaction was executed in multiple trades at prices ranging from $392.94 to $393.84, inclusive. (F3) 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 | 2025-10-01 | S | D | 700 | $392.15 | 105,891 | D | — | — | (F2) 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) 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. (F14) This transaction was executed in multiple trades at prices ranging from $391.69 to $392.60, inclusive. |
| 6 | Common | Class A Common Stock | 2025-10-01 | S | D | 887 | $390.96 | 106,591 | D | — | — | (F2) 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"). (F13) This transaction was executed in multiple trades at prices ranging from $390.63 to $391.60, inclusive. (F3) 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 | 2025-10-01 | S | D | 982 | $390.15 | 107,478 | D | — | — | (F2) 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) 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. (F12) This transaction was executed in multiple trades at prices ranging from $389.63 to $390.62, inclusive. |
| 8 | Common | Class A Common Stock | 2025-10-01 | S | D | 788 | $384.29 | 111,497 | D | — | — | (F2) 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"). (F7) This transaction was executed in multiple trades at prices ranging from $383.71 to $384.67, inclusive. (F3) 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. |
| 9 | Common | Class A Common Stock | 2025-10-01 | M | A | 10,000 | $10.07 | 113,197 | D | — | — | (F2) 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 | Common | Class A Common Stock | 2025-10-01 | F | D | 1,219 | $395.41 | 103,197 | D | — | — | (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. |
| 11 | Common | Class A Common Stock | 2025-10-01 | S | D | 100 | $396.76 | 103,197 | D | — | — | (F2) 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"). |
| 12 | Common | Class A Common Stock | 2025-10-01 | S | D | 1,216 | $395.47 | 103,297 | D | — | — | (F2) 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) 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. (F17) This transaction was executed in multiple trades at prices ranging from $395.13 to $395.81, inclusive. |
| 13 | Common | Class A Common Stock | 2025-10-01 | S | D | 800 | $394.48 | 104,513 | D | — | — | (F2) 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) 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. (F16) This transaction was executed in multiple trades at prices ranging from $393.97 to $394.93, inclusive. |
| 14 | Common | Class A Common Stock | 2025-10-01 | S | D | 500 | $388.55 | 108,460 | D | — | — | (F2) 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"). (F11) This transaction was executed in multiple trades at prices ranging from $388.31 to $389.11, inclusive. (F3) 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. |
| 15 | Common | Class A Common Stock | 2025-10-01 | S | D | 837 | $385.24 | 110,660 | D | — | — | (F2) 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"). (F8) This transaction was executed in multiple trades at prices ranging from $384.78 to $385.73, inclusive. (F3) 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. |
| 16 | Common | Class A Common Stock | 2025-10-01 | S | D | 900 | $386.31 | 109,760 | D | — | — | (F2) 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"). (F9) This transaction was executed in multiple trades at prices ranging from $385.86 to $386.73, inclusive. (F3) 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 | 2025-10-01 | S | D | 800 | $387.21 | 108,960 | D | — | — | (F2) 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"). (F10) This transaction was executed in multiple trades at prices ranging from $386.88 to $387.75, inclusive. (F3) 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. |
| 18 | Derivative | Stock Options (Right to Buy) | 2025-10-01 | M | D | 10,000 | $0.00 | 428,513 | D | $10.07 · 2024-04-01 to 2033-02-22 | 10,000 Class A Common Stock | (F18) 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. |