Form 4 for CVNA Carvana
Accepted 2025-12-02 00:00:00 ET · period of report 2025-12-01 · accession 0001700537-25-000011 · 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 | 2025-12-02 | 2025-12-01 | CVNA | HUSTON BENJAMIN E. | COO | S - Sale+OE | $377.11 | -10.0K | 107.6K | -9% | -$3.77M |
| D | 2025-12-02 | 2025-12-01 | CVNA | HUSTON BENJAMIN E. | COO | F - Tax | $375.26 | -1,219 | 100.8K | -1% | -$457.4K |
| D | 2025-12-02 | 2025-12-01 | CVNA | HUSTON BENJAMIN E. | COO | M - OptEx | $10.07 | +10.0K | 110.8K | +10% | +$100.7K |
| D | 2025-12-02 | 2025-12-01 | CVNA | HUSTON BENJAMIN E. | COO | M - OptEx | $0.00 | -10.0K | 408.5K | -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 | 2025-12-01 | S | D | 480 | $380.01 | 101,740 | 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. (F11) This transaction was executed in multiple trades at prices ranging from $379.61 to $380.59, inclusive. |
| 2 | Common | Class A Common Stock | 2025-12-01 | S | D | 822 | $381.17 | 100,918 | 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 $380.72 to $381.65 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. |
| 3 | Common | Class A Common Stock | 2025-12-01 | S | D | 160 | $381.91 | 100,758 | 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 $381.79 to $382.06, 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 | 2025-12-01 | S | D | 1,160 | $377.04 | 105,218 | 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 $376.55 to $377.44 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 | 2025-12-01 | S | D | 1,508 | $379.02 | 102,220 | 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 $378.60 to $379.54, 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 | 2025-12-01 | S | D | 1,490 | $378.09 | 103,728 | 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 $377.59 to $378.57, 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 | 2025-12-01 | S | D | 1,240 | $375.97 | 106,378 | 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 $375.54 to $376.50, 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 | 2025-12-01 | F | D | 1,219 | $375.26 | 100,758 | 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. |
| 9 | Common | Class A Common Stock | 2025-12-01 | M | A | 10,000 | $10.07 | 110,758 | 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 | 2025-12-01 | S | D | 40 | $370.70 | 110,718 | 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"). |
| 11 | Common | Class A Common Stock | 2025-12-01 | S | D | 640 | $373.10 | 110,078 | 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 $372.48 to $373.47, 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 | 2025-12-01 | S | D | 584 | $374.03 | 109,494 | 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 $373.53 to $374.52 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 | 2025-12-01 | S | D | 1,876 | $375.14 | 107,618 | 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"). (F6) This transaction was executed in multiple trades at prices ranging from $374.54 to $375.53, 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 | Derivative | Stock Options (Right to Buy) | 2025-12-01 | M | D | 10,000 | $0.00 | 408,513 | D | $10.07 · 2024-04-01 to 2033-02-22 | 10,000 Class A Common Stock | (F14) 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. |