GARCIA ERNEST C. II sold CVNA

August 12, 2025 · Form 4 insider transaction

GARCIA ERNEST C. II sold 103,610 shares of Carvana Co. at $0.00 per share, a transaction worth N/A. The trade was recorded as conversion of a derivative and disclosed on an SEC Form 4, filed 2 days after the transaction.

Direction
Disposed (sell-side)
Shares
103,610
Price
$0.00
Total value
N/A
Role10% owner
SecurityClass A Units
Transaction codeC: Conversion of a derivative
Transaction dateAugust 12, 2025
Filing dateAugust 14, 2025
Shares owned after43,171,754
OwnershipDirect
10b5-1 planNo
AmendedNo

Footnotes

Reflects the conversion of Class A Common Units ("Class A Units") of Carvana Group, LLC ("Carvana Group") owned directly by Ernest C. Garcia II into shares of Class A Common Stock ("Class A Shares") of the Issuer pursuant to the Exchange Agreement, dated April 27, 2017, by and among the Issuer, Carvana Co. Sub LLC, Carvana Group and the members of Carvana Group (the "Exchange Agreement").

View the original Form 4 on SEC EDGAR