CARVANA CO. 4

Carvana Co. CFO Mark W. Jenkins exercised 63,750 stock options and, after RSU tax withholding, sold a net 63,750 shares of Class A Common Stock for roughly $4.6 million on September 1, 2026 under a Rule 10b5-1 plan.

On September 1, 2026, Carvana Co. CFO Mark W. Jenkins had 7,016 shares of Class A Common Stock withheld at $72.18 per share (about $506K) to cover taxes upon RSU vesting, then exercised three tranches of stock options for 63,750 shares at exercise prices of $2.01, $8.41, and $10.39, increasing his direct holdings to 1,213,268 shares before sales. On the same day, under a Rule 10b5-1 trading plan adopted August 5, 2024, he sold 37,406 shares at a volume-weighted average price of $71.36 and 26,344 shares at $71.83, for total gross sale proceeds of roughly $4.59 million, leaving him with 1,149,518 shares directly owned afterward. The option exercises themselves were non-cash (exercise price reflected in the derivative table at $0 in the transaction column) and corrected prior reporting errors on unexercised option balances, while the net effect of the day’s activity was a sizable discretionary sale partially offset by option-related share increases and tax withholding.

Filing Facts

CIK

1690820

Ticker

CVNA

Form

4

Source Type

sec

Accession

0001700540-26-000020

Alert Tier

7