Form 4: Carvana Executive Daniel J. Gill Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Chief Product Officer of Carvana, Daniel J. Gill, disposed of 4,708 shares of Class A Common Stock to cover tax obligations upon vesting of restricted stock units.
Summary
- On April 1, 2025, Daniel J. Gill, Chief Product Officer of Carvana Co., disposed of 4,708 shares of Class A Common Stock.
- The disposal was to cover tax obligations related to the vesting of restricted stock units.
- The price per share was $212.59.
- Following the transaction, Gill directly owns 212,439 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: This is a neutral event. It's a standard transaction related to executive compensation and tax obligations.
Industry Context
This is a routine Form 4 filing, which is common for corporate executives who receive stock-based compensation. It reflects the executive's transactions in the company's stock and is required by the SEC to ensure transparency.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 04/01/2025 | Date of transaction: disposal of shares for tax obligations. |
| 04/02/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, insider trading, stock disposal, tax obligations, restricted stock units, Daniel J. Gill, Carvana, CVNA, Class A Common Stock
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