CVNA.NYSECarvana CO

Form 4: Carvana CEO's Stock Transaction for Tax Withholding

Sentiment:

Insider Transaction Report


Carvana CEO Ernest C. Garcia III reported a disposition of 897 Class A Common Stock shares for tax withholding purposes on January 1, 2026, maintaining significant beneficial ownership.

Summary

  • Ernest C. Garcia III, Chief Executive Officer, Director, and 10% Owner of Carvana Co. (CVNA), reported a transaction on January 1, 2026.
  • The transaction involved the disposition of 897 shares of Class A Common Stock.
  • These shares were withheld for taxes upon the vesting of restricted stock units, a routine compensation event.
  • The shares were valued at a price of $422.02 per share for tax purposes.
  • Following this transaction, Ernest C. Garcia III directly beneficially owns 917,341 shares of Class A Common Stock.
  • Additionally, he indirectly beneficially owns 450,000 shares through the Ernest C. Garcia III Multi-Generational Trust III and 350,000 shares through the Ernest Irrevocable 2004 Trust III, for which he serves as Investment Trustee and Co-Administrative Trustee.

Sentiment

Score: 5

Explanation: The transaction is a routine tax withholding event related to executive compensation, not indicative of a change in sentiment towards the company's future prospects or operational performance.

Positives

  • The underlying event for the disposition was the vesting of restricted stock units, indicating the realization of executive compensation.

Negatives

  • A disposition of 897 shares of Class A Common Stock occurred due to tax withholding.

Future Outlook

NA

Industry Context

NA

Key Dates

DateDescription
01/01/2026Transaction Date: Disposition of Class A Common Stock for tax withholding upon RSU vesting.
01/05/2026Signature Date of Reporting Person (by Power of Attorney).

Recommendation

hold

The filing reports a routine disposition of shares for tax withholding purposes following the vesting of restricted stock units. This is a standard event for executive compensation and does not reflect a change in the company's operational performance or the insider's long-term view, thus not warranting a change in investment recommendation based solely on this filing.

Keywords

Carvana, CVNA, Form 4, Insider Transaction, Ernest C. Garcia III, CEO, Stock Disposition, Tax Withholding, Restricted Stock Units, Beneficial Ownership

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