Form 4 for CVNA Carvana
Accepted 2025-08-22 00:00:00 ET · period of report 2025-08-20 · accession 0001700548-25-000036 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| MI | 2025-08-22 | 2025-08-20 | CVNA | GARCIA ERNEST C. III | CEO, Dir, 10% | S - Sale | $335.13 | -3,780 | 621.4K | -0.6% | -$1.27M |
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 | 2025-08-20 | S | D | 214 | $339.80 | 521,440 | I Ernest Irrevocable 2004 Trust III | — | — | (F1) The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 13, 2024. (F10) This transaction was executed in multiple trades at prices ranging from $339.31 to $339.92, 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. (F3) These shares of Class A Common Stock are held directly by the Ernest Irrevocable 2004 Trust III (the "Irrevocable Trust"). The Reporting Person is the Investment Trustee and Co-Administrative Trustee of the Irrevocable Trust. |
| 2 | Common | Class A Common Stock | 2025-08-20 | S | D | 139 | $338.06 | 621,655 | I Ernest C. Garcia III Multi-Generational Trust III | — | — | (F1) The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 13, 2024. (F9) This transaction was executed in multiple trades at prices ranging from $337.96 to $338.17 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. (F4) These shares of Class A Common Stock are held directly by the Ernest C. Garcia III Multi-Generational Trust III (the "Multi-Generational Trust"). The Reporting Person is the Investment Trustee and Co-Administrative Trustee of the Multi-Generational Trust. |
| 3 | Common | Class A Common Stock | 2025-08-20 | S | D | 140 | $337.91 | 521,654 | I Ernest Irrevocable 2004 Trust III | — | — | (F1) The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 13, 2024. (F8) This transaction was executed in multiple trades at prices ranging from $337.59 to $337.96 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. (F3) These shares of Class A Common Stock are held directly by the Ernest Irrevocable 2004 Trust III (the "Irrevocable Trust"). The Reporting Person is the Investment Trustee and Co-Administrative Trustee of the Irrevocable Trust. |
| 4 | Common | Class A Common Stock | 2025-08-20 | S | D | 133 | $336.85 | 621,794 | I Ernest C. Garcia III Multi-Generational Trust III | — | — | (F1) The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 13, 2024. (F7) This transaction was executed in multiple trades at prices ranging from $336.50 to $337.14 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. (F4) These shares of Class A Common Stock are held directly by the Ernest C. Garcia III Multi-Generational Trust III (the "Multi-Generational Trust"). The Reporting Person is the Investment Trustee and Co-Administrative Trustee of the Multi-Generational Trust. |
| 5 | Common | Class A Common Stock | 2025-08-20 | S | D | 133 | $336.85 | 521,794 | I Ernest Irrevocable 2004 Trust III | — | — | (F1) The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 13, 2024. (F7) This transaction was executed in multiple trades at prices ranging from $336.50 to $337.14 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. (F3) These shares of Class A Common Stock are held directly by the Ernest Irrevocable 2004 Trust III (the "Irrevocable Trust"). The Reporting Person is the Investment Trustee and Co-Administrative Trustee of the Irrevocable Trust. |
| 6 | Common | Class A Common Stock | 2025-08-20 | S | D | 384 | $335.26 | 621,927 | I Ernest C. Garcia III Multi-Generational Trust III | — | — | (F1) The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 13, 2024. (F6) This transaction was executed in multiple trades at prices ranging from $334.80 to $335.62, 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. (F4) These shares of Class A Common Stock are held directly by the Ernest C. Garcia III Multi-Generational Trust III (the "Multi-Generational Trust"). The Reporting Person is the Investment Trustee and Co-Administrative Trustee of the Multi-Generational Trust. |
| 7 | Common | Class A Common Stock | 2025-08-20 | S | D | 384 | $335.26 | 521,927 | I Ernest Irrevocable 2004 Trust III | — | — | (F1) The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 13, 2024. (F6) This transaction was executed in multiple trades at prices ranging from $334.80 to $335.62, 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. (F3) These shares of Class A Common Stock are held directly by the Ernest Irrevocable 2004 Trust III (the "Irrevocable Trust"). The Reporting Person is the Investment Trustee and Co-Administrative Trustee of the Irrevocable Trust. |
| 8 | Common | Class A Common Stock | 2025-08-20 | S | D | 269 | $334.12 | 622,311 | I Ernest C. Garcia III Multi-Generational Trust III | — | — | (F1) The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 13, 2024. (F5) This transaction was executed in multiple trades at prices ranging from $333.79 to $334.68 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. (F4) These shares of Class A Common Stock are held directly by the Ernest C. Garcia III Multi-Generational Trust III (the "Multi-Generational Trust"). The Reporting Person is the Investment Trustee and Co-Administrative Trustee of the Multi-Generational Trust. |
| 9 | Common | Class A Common Stock | 2025-08-20 | S | D | 750 | $333.23 | 522,580 | I Ernest Irrevocable 2004 Trust III | — | — | (F1) The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 13, 2024. (F2) This transaction was executed in multiple trades at prices ranging from $332.67 to $333.66 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. (F3) These shares of Class A Common Stock are held directly by the Ernest Irrevocable 2004 Trust III (the "Irrevocable Trust"). The Reporting Person is the Investment Trustee and Co-Administrative Trustee of the Irrevocable Trust. |
| 10 | Common | Class A Common Stock | 2025-08-20 | S | D | 750 | $333.23 | 622,580 | I Ernest C. Garcia III Multi-Generational Trust III | — | — | (F1) The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 13, 2024. (F2) This transaction was executed in multiple trades at prices ranging from $332.67 to $333.66 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. (F4) These shares of Class A Common Stock are held directly by the Ernest C. Garcia III Multi-Generational Trust III (the "Multi-Generational Trust"). The Reporting Person is the Investment Trustee and Co-Administrative Trustee of the Multi-Generational Trust. |
| 11 | Common | Class A Common Stock | 2025-08-20 | S | D | 269 | $334.12 | 522,311 | I Ernest Irrevocable 2004 Trust III | — | — | (F1) The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 13, 2024. (F5) This transaction was executed in multiple trades at prices ranging from $333.79 to $334.68 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. (F3) These shares of Class A Common Stock are held directly by the Ernest Irrevocable 2004 Trust III (the "Irrevocable Trust"). The Reporting Person is the Investment Trustee and Co-Administrative Trustee of the Irrevocable Trust. |
| 12 | Common | Class A Common Stock | 2025-08-20 | S | D | 215 | $340.02 | 621,440 | I Ernest C. Garcia III Multi-Generational Trust III | — | — | (F1) The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 13, 2024. (F11) This transaction was executed in multiple trades at prices ranging from $339.92 to $340.14, 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. (F4) These shares of Class A Common Stock are held directly by the Ernest C. Garcia III Multi-Generational Trust III (the "Multi-Generational Trust"). The Reporting Person is the Investment Trustee and Co-Administrative Trustee of the Multi-Generational Trust. |