Form 4: Carvana COO Benjamin E. Huston Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Carvana's Chief Operating Officer, Benjamin E. Huston, disposed of 971 shares of Class A Common Stock to cover tax obligations related to vesting restricted stock units.
Summary
- On August 1, 2024, Benjamin E. Huston, the Chief Operating Officer of Carvana Co., disposed of 971 shares of Class A Common Stock.
- The transaction was executed to cover tax obligations arising from the vesting of restricted stock units.
- The price per share was $146.52.
- Following the transaction, Huston directly owns 210,634 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to stock transactions by a company insider, and does not inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for company insiders to report transactions in their company's stock, providing transparency to the market.
Key Dates
| Date | Description |
|---|---|
| 08/01/2024 | Date of stock disposal transaction |
| 08/02/2024 | Date of signature on the Form 4 filing |
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