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

Paul W. Breaux, Vice President, General Counsel, Secretary, and Chief Compliance Officer of Carvana Co., disposed of 774 shares of Class A Common Stock on May 1, 2025, to cover tax obligations related to vesting restricted stock units.

Summary

• On May 1, 2025, Paul W. Breaux, an officer of Carvana Co., disposed of 774 shares of Class A Common Stock.
• The disposal was to cover tax obligations arising from the vesting of restricted stock units.
• The shares were sold at a price of $251.87 per share.
• Following the transaction, Breaux directly owns 149,114 shares of Carvana's Class A Common Stock.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of a routine transaction related to tax obligations; it doesn't inherently indicate positive or negative sentiment.

Industry Context

Form 4 filings are standard disclosures required by the SEC when company insiders, like officers and directors, trade in their company's stock; this filing indicates a routine transaction to cover tax obligations.

Stakeholder Impact

• The disposal of shares by an officer could have a minor impact on shareholder sentiment, but is unlikely to be significant given the reason for the sale.

Key Dates

Keywords

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