Form 4: Carvana Executive Sells Shares for Tax Purposes

Carvana's VP, General Counsel, Secretary, and Chief Compliance Officer, Paul W. Breaux, disposed of 517 shares of Class A Common Stock for tax withholding purposes.

Summary

• Paul W. Breaux, Carvana Co.'s Vice President, General Counsel, Secretary, and Chief Compliance Officer, reported a transaction involving Class A Common Stock.
• On January 1, 2026, Mr. Breaux disposed of 517 shares of Class A Common Stock at a price of $422.02 per share.
• This disposal was for the purpose of withholding shares for taxes upon the vesting of restricted stock units, as indicated by transaction code "F".
• Following this transaction, Mr. Breaux beneficially owns 68,772 shares of Carvana Co. Class A Common Stock directly.
• The transaction was made pursuant to a Rule 10b5-1(c) pre-planned contract, instruction, or written plan.

Sentiment

Score: 5

Explanation: The transaction is a routine, non-discretionary disposal of shares for tax withholding purposes upon vesting of restricted stock units, which is a neutral event for sentiment.

Future Outlook

This filing does not contain any forward-looking statements or guidance.

Industry Context

This is a routine insider transaction filing (Form 4) reporting a tax-related share disposal, which is a common occurrence for executives receiving equity compensation. It does not provide specific insights into broader industry trends or competitive positioning.

Stakeholder Impact

• Shareholders: Minimal impact as this is a routine, non-discretionary tax-related sale and does not reflect a change in management's confidence in the company.

Key Dates

Keywords

Carvana, CVNA, Form 4, Insider Transaction, Stock Sale, Tax Withholding, Paul Breaux