CARVANA CO. 4

Carvana CEO Ernest C. Garcia III had 7,070 Class A shares withheld at about $72.18 per share to cover taxes upon RSU vesting, leaving him with direct and trust-held ownership exceeding 8.7 million shares.

On September 1, 2026, Carvana Co. Chief Executive Officer Ernest C. Garcia III had 7,070 shares of Class A Common Stock withheld by the company at an implied price of $72.18 per share to cover taxes upon the vesting of previously granted restricted stock units, a routine form of equity compensation settlement rather than an open‑market trade. Following this tax withholding, Garcia continued to beneficially own 4,716,799 shares directly, and also had indirect beneficial ownership of 2,250,000 shares held by the Ernest C. Garcia III Multi-Generational Trust III and 1,750,000 shares held by the Ernest Irrevocable 2004 Trust III, reflecting a substantial ongoing equity stake in Carvana. The transaction, valued at roughly $510,000 based on the indicated price, is best characterized as administrative and compensation-related, not a discretionary purchase or sale in the market.

Filing Facts

CIK

1690820

Ticker

CVNA

Form

4

Source Type

sec

Accession

0001700548-26-000020

Alert Tier

5