Form 4: Carvana CFO Mark Jenkins Reports Stock Transactions Following RSU Vesting
SEC Form 4 Filing
Carvana's CFO, Mark Jenkins, reports acquisition and disposal of Class A Common Stock related to the vesting of restricted stock units and tax withholdings.
Summary
- Mark Jenkins, CFO of Carvana Co., filed a Form 4 detailing changes in beneficial ownership.
- On October 30, 2024, Jenkins acquired 22,231 shares of Class A Common Stock upon the vesting of restricted stock units (RSUs) granted on January 24, 2024, at a price of $0.
- Also on October 30, 2024, 9,193 shares were disposed of at $207.31 per share to cover tax obligations related to the RSU vesting.
- On November 1, 2024, an additional 972 shares were disposed of at $229.08 per share for tax withholdings related to the vesting of other restricted stock units.
- Following these transactions, Jenkins directly owns 190,732 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions related to executive compensation. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are routine disclosures required by the SEC when company insiders, like the CFO, trade their company's stock. These filings provide transparency to the market.
Key Dates
| Date | Description |
|---|---|
| January 24, 2024 | Date of RSU grant to Mark Jenkins. |
| October 30, 2024 | Date of RSU vesting and related stock transactions. |
| November 01, 2024 | Date of stock disposal for tax withholding. |
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