Form 4 for CVNA Carvana
Accepted 2025-11-04 00:00:00 ET · period of report 2025-11-01 · accession 0001700537-25-000009 · 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 | 2025-11-04 | 2025-11-03 | CVNA | HUSTON BENJAMIN E. | COO | S - Sale+OE | $324.57 | -10.0K | 102.0K | -9% | -$3.25M |
| D | 2025-11-04 | 2025-11-03 | CVNA | HUSTON BENJAMIN E. | COO | M - OptEx | $10.07 | +10.0K | 112.0K | +10% | +$100.7K |
| D | 2025-11-04 | 2025-11-01 | CVNA | HUSTON BENJAMIN E. | COO | F - Tax | $306.54 | -1,220 | 102.0K | -1% | -$374.0K |
| D | 2025-11-04 | 2025-11-03 | CVNA | HUSTON BENJAMIN E. | COO | M - OptEx | $0.00 | -10.0K | 418.5K | -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 | 2025-11-03 | S | D | 80 | $304.25 | 111,897 | 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 $303.98 to $304.51, 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 | 2025-11-03 | S | D | 40 | $306.33 | 111,857 | 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. |
| 3 | Common | Class A Common Stock | 2025-11-03 | S | D | 217 | $308.65 | 111,640 | 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"). (F5) This transaction was executed in multiple trades at prices ranging from $308.00 to $308.82, 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 | 2025-11-03 | S | D | 320 | $310.08 | 111,320 | 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 $309.69 to $310.65, 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 | 2025-11-03 | S | D | 326 | $311.09 | 110,994 | 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 $310.72 to $311.30, 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. |
| 6 | Common | Class A Common Stock | 2025-11-03 | S | D | 431 | $312.37 | 110,563 | 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 $311.92 to $312.80, 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 | 2025-11-03 | S | D | 200 | $313.08 | 110,363 | 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 $312.97 to $313.15, 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. |
| 8 | Common | Class A Common Stock | 2025-11-03 | S | D | 160 | $314.50 | 110,203 | 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. (F10) This transaction was executed in multiple trades at prices ranging from $314.01 to $314.95, inclusive. |
| 9 | Common | Class A Common Stock | 2025-11-03 | S | D | 262 | $315.79 | 109,941 | 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 $315.33 to $316.28, 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. |
| 10 | Common | Class A Common Stock | 2025-11-03 | S | D | 160 | $316.82 | 109,781 | 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"). (F12) This transaction was executed in multiple trades at prices ranging from $316.38 to $317.22, 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. |
| 11 | Common | Class A Common Stock | 2025-11-03 | S | D | 200 | $317.92 | 109,581 | 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 $317.39 to $318.38, 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. |
| 12 | Common | Class A Common Stock | 2025-11-03 | S | D | 320 | $320.36 | 109,261 | 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"). (F14) This transaction was executed in multiple trades at prices ranging from $319.84 to $320.78, 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. |
| 13 | Common | Class A Common Stock | 2025-11-03 | S | D | 80 | $321.15 | 109,181 | 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 $321.09 to $321.20, 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. |
| 14 | Common | Class A Common Stock | 2025-11-03 | S | D | 120 | $323.82 | 109,061 | 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"). (F16) This transaction was executed in multiple trades at prices ranging from $323.18 to $324.17, 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 | 2025-11-03 | S | D | 400 | $324.77 | 108,661 | 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 $324.18 to $325.15, inclusive. |
| 16 | Common | Class A Common Stock | 2025-11-03 | S | D | 801 | $325.75 | 107,860 | 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"). (F18) This transaction was executed in multiple trades at prices ranging from $325.18 to $326.15, 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 | 2025-11-03 | S | D | 1,362 | $326.73 | 106,498 | 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"). (F19) This transaction was executed in multiple trades at prices ranging from $326.21 to $327.19, 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 | Common | Class A Common Stock | 2025-11-03 | S | D | 850 | $327.82 | 105,648 | 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. (F20) This transaction was executed in multiple trades at prices ranging from $327.27 to $328.26 inclusive. |
| 19 | Common | Class A Common Stock | 2025-11-03 | S | D | 790 | $328.72 | 104,858 | 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"). (F21) This transaction was executed in multiple trades at prices ranging from $328.27 to $329.16, 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. |
| 20 | Common | Class A Common Stock | 2025-11-03 | S | D | 1,240 | $329.93 | 103,618 | 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"). (F22) This transaction was executed in multiple trades at prices ranging from $329.48 to $330.24, 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. |
| 21 | Common | Class A Common Stock | 2025-11-03 | S | D | 280 | $331.05 | 103,338 | 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. (F23) This transaction was executed in multiple trades at prices ranging from $330.71 to $331.45 inclusive. |
| 22 | Common | Class A Common Stock | 2025-11-03 | S | D | 225 | $332.23 | 103,113 | 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"). (F24) This transaction was executed in multiple trades at prices ranging from $331.75 to $332.73, 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. |
| 23 | Common | Class A Common Stock | 2025-11-03 | S | D | 1,016 | $333.65 | 102,097 | 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"). (F25) This transaction was executed in multiple trades at prices ranging from $333.12 to $334.10, 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. |
| 24 | Common | Class A Common Stock | 2025-11-03 | M | A | 10,000 | $10.07 | 111,977 | 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"). |
| 25 | Common | Class A Common Stock | 2025-11-03 | S | D | 120 | $334.54 | 101,977 | 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"). (F26) This transaction was executed in multiple trades at prices ranging from $334.47 to $334.67, 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. |
| 26 | Common | Class A Common Stock | 2025-11-01 | F | D | 1,220 | $306.54 | 101,977 | 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. |
| 27 | Derivative | Stock Options (Right to Buy) | 2025-11-03 | M | D | 10,000 | $0.00 | 418,513 | D | $10.07 · 2024-04-01 to 2033-02-22 | 10,000 Class A Common Stock | (F27) 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. |