Form 4: Carvana Executive Paul W. Breaux Reports Stock Disposal for Tax Obligations

Paul W. Breaux, a Carvana Co. executive, disposed of 2,735 shares of Class A Common Stock on April 1, 2025, to cover tax obligations related to vesting restricted stock units.

Summary

• On April 1, 2025, Paul W. Breaux, Vice President, General Counsel, Secretary, and Chief Compliance Officer of Carvana Co., disposed of 2,735 shares of Class A Common Stock.
• The transaction was executed to cover tax obligations arising from the vesting of restricted stock units.
• The shares were disposed of at a price of $212.59 per share.
• Following the transaction, Breaux directly owns 149,888 shares of Carvana's Class A Common Stock.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing a routine stock transaction for tax purposes. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction is related to tax obligations, which is a common reason for stock disposals by executives.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a routine disposal of shares by an executive for tax purposes.

Key Dates

Keywords

Form 4, Beneficial Ownership, Carvana, CVNA, Stock Disposal, Tax Obligations, Paul W. Breaux, Restricted Stock Units