July 11, 2025 · Form 4 insider transaction
GARCIA ERNEST C. II sold 8,379 shares of Carvana Co. at $345.66 per share, a transaction worth $2.90M. The trade was recorded as open-market sale under a pre-scheduled Rule 10b5-1 plan and disclosed on an SEC Form 4, filed 4 days after the transaction.
The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by Ernest C. Garcia II and Elizabeth Joanne Garcia on December 13, 2024.; The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $342.12-$343.10, inclusive (weighted average of $342.7188); $343.16-$344.15, inclusive (weighted average of $343.6713); $344.18-$345.17, inclusive (weighted average of $344.5491); $345.18-$346.14, inclusive (weighted average of $345.6625); $346.44-$347.40, inclusive (weighted average of $347.1743); $347.45-$348.42, inclusive (weighted average of $348.1354); $348.46-$349.45, inclusive (weighted average of $348.9846); $349.46-$350.455, inclusive (weighted average of $350.1009); $350.46-$351.455, inclusive (weighted average of $350.8488); and $351.47-$351.65, inclusive (weighted average of $351.5482), respectively. The reporting person undertakes to provide to the issuer or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.