Form 4: Carvana Executive Sells Shares for Tax Obligations

Carvana's VP, General Counsel, Secretary, and Chief Compliance Officer, Paul W. Breaux, disposed of 774 shares of Class A Common Stock to cover tax obligations related to restricted stock unit vesting.

Summary

• Paul W. Breaux, an officer of Carvana Co. (CVNA), specifically the Vice President, General Counsel, Secretary, and Chief Compliance Officer, reported a transaction.
• On September 1, 2025, Mr. Breaux disposed of 774 shares of Carvana Class A Common Stock.
• The transaction was coded 'F', indicating shares were withheld for taxes upon the vesting of restricted stock units.
• The shares were disposed of at a price of $371.92 per share.
• Following this transaction, Mr. Breaux beneficially owns 98,018 shares of Class A Common Stock directly.

Sentiment

Score: 5

Explanation: The transaction represents a routine, non-discretionary sale of shares to cover tax obligations upon the vesting of restricted stock units, indicating a neutral impact on company sentiment.

Stakeholder Impact

• Minimal impact on shareholders as this is a routine, non-discretionary transaction for tax purposes, not indicative of a change in investment sentiment or company fundamentals.

Key Dates

Recommendation

The filing details a routine, non-discretionary sale of shares by an executive to cover tax obligations upon the vesting of restricted stock units. This transaction does not reflect a change in the executive's investment sentiment or the company's fundamentals, thus a 'hold' recommendation is maintained.

Keywords

Carvana, CVNA, Insider Transaction, Form 4, Stock Sale, Executive Compensation, Restricted Stock Units, Paul Breaux