Form 4: Carvana GC Sells $12M in Stock

Carvana's Vice President, General Counsel, and Secretary, Paul W. Breaux, reported sales of Class A Common Stock totaling 33,000 shares for approximately $12.26 million in early August 2025.

Summary

• Paul W. Breaux, Carvana Co.'s Vice President, General Counsel, and Secretary, reported multiple transactions involving Class A Common Stock.
• On August 1, 2025, 18,000 shares were sold at a volume-weighted average price of $375.04 per share, totaling approximately $6,750,720.
• Also on August 1, 2025, 774 shares were withheld for taxes upon the vesting of restricted stock units at a price of $367.78 per share, valued at approximately $284,790.
• On August 4, 2025, an additional 15,000 shares were sold at a volume-weighted average price of $367.34 per share, totaling approximately $5,510,100.
• Following these transactions, Paul W. Breaux beneficially owns 113,792 shares of Carvana Class A Common Stock.
• The total value of shares sold across these transactions amounts to approximately $12,260,820.

Sentiment

Score: 5

Explanation: Neutral, as this Form 4 reports routine insider stock sales and tax withholdings, which are common for executives for personal financial planning.

Future Outlook

Not applicable, as this filing reports past insider transactions and does not provide forward-looking statements or guidance.

Industry Context

This Form 4 filing reports routine insider transactions by an executive at Carvana, an online used car retailer. Such filings are common and reflect individual financial planning rather than broader industry trends or competitive shifts.

Stakeholder Impact

• Shareholders may note the executive's stock sales, which are a common occurrence for personal financial management and do not necessarily indicate a change in company fundamentals.

Key Dates

Keywords

Carvana, CVNA, Insider Trading, Form 4, Stock Sale, Paul Breaux, General Counsel, SEC Filing