Form 4: Carvana Executive Paul W. Breaux Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Paul W. Breaux, a Carvana Co. executive, reported disposing of 617 shares of Class A Common Stock to cover tax obligations arising from the vesting of restricted stock units.
Summary
- On March 1, 2025, Paul W. Breaux, Vice President, General Counsel, Secretary, and Chief Compliance Officer of Carvana Co., disposed of 617 shares of Class A Common Stock.
- The transaction was executed to cover tax obligations related to the vesting of restricted stock units.
- The price per share was $233.1.
- Following the transaction, Breaux directly owns 152,623 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to an insider transaction for tax purposes, which is neither particularly positive nor negative.
Industry Context
This filing is a routine disclosure of an insider transaction, which is common for executives who receive stock-based compensation. It provides transparency into the trading activities of company insiders.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a small disposal of shares by an executive for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 03/01/2025 | Date of stock disposal transaction |
| 03/04/2025 | Date of signature on the Form 4 filing |
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