Form 4: Carvana Executive's Stock Withholding for Taxes

Carvana Co. executive Paul W. Breaux reported the withholding of 774 Class A Common Stock shares for tax obligations related to RSU vesting.

Summary

• Paul W. Breaux, Vice President, General Counsel, Secretary, and Chief Compliance Officer of Carvana Co. (CVNA), reported a transaction.
• On December 1, 2025, 774 shares of Class A Common Stock were disposed of (withheld) to cover tax liabilities upon the vesting of restricted stock units.
• The shares were valued at $375.26 per share at the time of the transaction, totaling approximately $290,499.24.
• Following this transaction, Mr. Breaux beneficially owns 80,168 shares of Class A Common Stock.
• The transaction was made pursuant to a Rule 10b5-1(c) plan, indicating it was a pre-arranged disposition.

Sentiment

Score: 5

Explanation: The filing reports a routine, pre-planned tax-related transaction by an executive, which is a common occurrence in executive compensation and does not indicate any significant positive or negative sentiment regarding the company's performance or outlook.

Future Outlook

The transaction, scheduled for December 1, 2025, is a pre-planned event executed under a Rule 10b5-1(c) plan, indicating a structured approach to managing executive equity compensation and tax obligations.

Stakeholder Impact

• Minimal impact on shareholders as this is a routine, pre-planned tax-related transaction by an executive, not an open market sale driven by a change in sentiment.

Key Dates

Keywords

Carvana, CVNA, Form 4, Insider Transaction, Stock Withholding, RSU Vesting, Executive Compensation, 10b5-1 Plan