CARVANA CO. 4

Director-level insider Ira J. Platt exercised stock options and sold a total of 30,000 Carvana Co. Class A shares for roughly $2.23 million while maintaining a substantial remaining equity position.

On August 13 and 14, 2026, reporting person Ira J. Platt effected paired option exercises and open-market sales of Carvana Co. Class A Common Stock. On each day, he exercised 15,000 non-qualified stock options at a $3.00 exercise price (coded “M”) into 15,000 shares, then sold 15,000 shares on the open market, at $73.00 per share on August 13 and $75.50 per share on August 14, respectively. Each exercise had a de facto cost basis of $3.00 per share and each sale generated gross proceeds of approximately $1.095 million and $1.1325 million, implying gains well above the exercise cost. After these transactions, he continued to hold 186,470 shares directly, plus indirect holdings through the Ira J. Platt Revocable Trust, the Georgiana Platt and Successors Remainder Trust, and the Platt Family Foundation, with an estimated direct holding value of about $13.1 million based on a $70.24 reference price. The options exercised were part of non-qualified stock options originally granted on April 27, 2018 and scheduled to expire on April 27, 2027.

Filing Facts

CIK

1690820

Ticker

CVNA

Form

4

Source Type

sec

Accession

0001702455-26-000010

Alert Tier

7