Form 4: Carvana COO Benjamin Huston Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Carvana's Chief Operating Officer, Benjamin E. Huston, disposed of shares to cover tax obligations related to vesting restricted stock units.
Summary
- On July 1, 2024, Benjamin E. Huston, the Chief Operating Officer of Carvana Co., disposed of 972 shares of Class A Common Stock.
- The disposal was to cover tax obligations upon the vesting of restricted stock units.
- The price per share was $124.35.
- Following the transaction, Huston directly owns 211,605 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: This is a routine transaction related to tax obligations, so it doesn't significantly impact 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 |
|---|---|
| 07/01/2024 | Date of stock disposal transaction |
| 07/03/2024 | Date of Form 4 filing |
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