Carvana (CVNA) 4: JENKINS MARK W. sold 1,220 shares of Class A Common Stock a… (Mar 3, 2026)

=== SEC Form 4 — Statement of Changes in Beneficial Ownership === Document Type: 4 Period of Report: 2026-03-01 10b5-1 Pre-arranged Plan: Yes --- Issuer --- Name: CARVANA CO. (CVNA) CIK: 0001690820 --- Reporting Owner --- Name: JENKINS MARK W. CIK: 0001700540 Role: Officer (Chief Financial Officer) --- Non-Derivative Transactions --- [Transaction #1] Security: Class A Common Stock Date: 2026-03-01 | Code: F (Payment of exercise/tax) Shares: -1,220 | Price: $334.16 Total Value: $407,675.20 Shares Owned After: 201,597 | Ownership: D (Direct) Footnotes: [F1] Represents total number of shares of Class A Common Stock of the Issuer withheld for taxes upon vesting of restricted stock units pursuant to various awards. [Transaction #2] Security: Class A Common Stock Date: 2026-03-02 | Code: M (Exercise of derivative) Shares: +10,000 | Price: $10.07 Total Value: $100,700.00 Shares Owned After: 211,597 | Ownership: D (Direct) Footnotes: [F2] The reported option exercises and sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 5, 2024. [Transaction #3] Security: Class A Common Stock Date: 2026-03-02 | Code: M (Exercise of derivative) Shares: +2,000 | Price: $42.03 Total Value: $84,060.00 Shares Owned After: 213,597 | Ownership: D (Direct) Footnotes: [F2] The reported option exercises and sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 5, 2024. [Transaction #4] Security: Class A Common Stock Date: 2026-03-02 | Code: M (Exercise of derivative) Shares: +750 | Price: $51.97 Total Value: $38,977.50 Shares Owned After: 214,347 | Ownership: D (Direct) Footnotes: [F2] The reported option exercises and sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 5, 2024. [Transaction #5] Security: Class A Common Stock Date: 2026-03-02 | Code: S (Open market sale) Shares: -560 | Price: $318.35 Total Value: $178,276.00 Shares Owned After: 213,787 | Ownership: D (Direct) Footnotes: [F2] The reported option exercises and sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 5, 2024. [F3] The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price. [F4] This transaction was executed in multiple trades at prices ranging from $317.76 to $318.73 inclusive. [Transaction #6] Security: Class A Common Stock Date: 2026-03-02 | Code: S (Open market sale) Shares: -485 | Price: $319.36 Total Value: $154,889.60 Shares Owned After: 213,302 | Ownership: D (Direct) Footnotes: [F2] The reported option exercises and sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 5, 2024. [F3] The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price. [F5] This transaction was executed in multiple trades at prices ranging from $318.76 to $319.75, inclusive. [Transaction #7] Security: Class A Common Stock Date: 2026-03-02 | Code: S (Open market sale) Shares: -1,040 | Price: $320.28 Total Value: $333,091.20 Shares Owned After: 212,262 | Ownership: D (Direct) Footnotes: [F2] The reported option exercises and sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 5, 2024. [F3] The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price. [F6] This transaction was executed in multiple trades at prices ranging from $319.78 to $320.77, inclusive. [Transaction #8] Security: Class A Common Stock Date: 2026-03-02 | Code: S (Open market sale) Shares: -828 | Price: $321.23 Total Value: $265,978.44 Shares Owned After: 211,434 | Ownership: D (Direct) Footnotes: [F2] The reported option exercises and sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 5, 2024. [F3] The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price. [F7] This transaction was executed in multiple trades at prices ranging from $320.83 to $321.73, inclusive. [Transaction #9] Security: Class A Common Stock Date: 2026-03-02 | Code: S (Open market sale) Shares: -2,160 | Price: $322.42 Total Value: $696,427.20 Shares Owned After: 209,274 | Ownership: D (Direct) Footnotes: [F2] The reported option exercises and sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 5, 2024. [F3] The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price. [F8] This transaction was executed in multiple trades at prices ranging from $321.91 to $322.87 inclusive. [Transaction #10] Security: Class A Common Stock Date: 2026-03-02 | Code: S (Open market sale) Shares: -1,877 | Price: $323.37 Total Value: $606,965.49 Shares Owned After: 207,397 | Ownership: D (Direct) Footnotes: [F2] The reported option exercises and sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 5, 2024. [F3] The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price. [F9] This transaction was executed in multiple trades at prices ranging from $322.91 to $323.89 inclusive. [Transaction #11] Security: Class A Common Stock Date: 2026-03-02 | Code: S (Open market sale) Shares: -4,430 | Price: $324.65 Total Value: $1,438,199.50 Shares Owned After: 202,967 | Ownership: D (Direct) Footnotes: [F2] The reported option exercises and sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 5, 2024. [F3] The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price. [F10] This transaction was executed in multiple trades at prices ranging from $323.94 to $324.90, inclusive. [Transaction #12] Security: Class A Common Stock Date: 2026-03-02 | Code: S (Open market sale) Shares: -850 | Price: $325.28 Total Value: $276,488.00 Shares Owned After: 202,117 | Ownership: D (Direct) Footnotes: [F2] The reported option exercises and sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 5, 2024. [F3] The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price. [F11] This transaction was executed in multiple trades at prices ranging from $324.97 to $325.71, inclusive. [Transaction #13] Security: Class A Common Stock Date: 2026-03-02 | Code: S (Open market sale) Shares: -400 | Price: $326.48 Total Value: $130,592.00 Shares Owned After: 201,717 | Ownership: D (Direct) Footnotes: [F2] The reported option exercises and sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 5, 2024. [F3] The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price. [F12] This transaction was executed in multiple trades at prices ranging from $326.14 to $326.88, inclusive. [Transaction #14] Security: Class A Common Stock Date: 2026-03-02 | Code: S (Open market sale) Shares: -120 | Price: $327.21 Total Value: $39,265.20 Shares Owned After: 201,597 | Ownership: D (Direct) Footnotes: [F2] The reported option exercises and sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 5, 2024. [F3] The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price. [F13] This transaction was executed in multiple trades at prices ranging from $327.16 to $327.28 inclusive. --- Derivative Transactions --- [Transaction #1] Security: Stock Options (Right to Buy) Date: 2026-03-02 | Code: M (Exercise of derivative) Shares: -10,000 | Price: $0.00 Exercisable: N/A | Expires: 2033-02-22 Shares Owned After: 148,513 | Ownership: D (Direct) Footnotes: [F2] The reported option exercises and sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 5, 2024. [F14] The non-qualified stock options representing the right to purchase for the exercise price Class A Common Stock of the Issuer vested 25% on April 1, 2024 and monthly thereafter for the following three years, subject to the Reporting Person's continued service with the Issuer. [Transaction #2] Security: Stock Options (Right to Buy) Date: 2026-03-02 | Code: M (Exercise of derivative) Shares: -2,000 | Price: $0.00 Exercisable: N/A | Expires: 2034-01-24 Shares Owned After: 50,703 | Ownership: D (Direct) Footnotes: [F2] The reported option exercises and sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 5, 2024. [F15] The non-qualified stock options representing the right to purchase for the exercise price Class A Common Stock of the Issuer vested 25% on April 1, 2025 and monthly thereafter for the following three years, subject to the Reporting Person's continued service with the Issuer. [Transaction #3] Security: Stock Options (Right to Buy) Date: 2026-03-02 | Code: M (Exercise of derivative) Shares: -750 | Price: $0.00 Exercisable: N/A | Expires: 2034-02-13 Shares Owned After: 19,346 | Ownership: D (Direct) Footnotes: [F2] The reported option exercises and sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 5, 2024. [F15] The non-qualified stock options representing the right to purchase for the exercise price Class A Common Stock of the Issuer vested 25% on April 1, 2025 and monthly thereafter for the following three years, subject to the Reporting Person's continued service with the Issuer. --- Footnotes (Complete Index) --- F1: Represents total number of shares of Class A Common Stock of the Issuer withheld for taxes upon vesting of restricted stock units pursuant to various awards. F10: This transaction was executed in multiple trades at prices ranging from $323.94 to $324.90, inclusive. F11: This transaction was executed in multiple trades at prices ranging from $324.97 to $325.71, inclusive. F12: This transaction was executed in multiple trades at prices ranging from $326.14 to $326.88, inclusive. F13: This transaction was executed in multiple trades at prices ranging from $327.16 to $327.28 inclusive. F14: The non-qualified stock options representing the right to purchase for the exercise price Class A Common Stock of the Issuer vested 25% on April 1, 2024 and monthly thereafter for the following three years, subject to the Reporting Person's continued service with the Issuer. F15: The non-qualified stock options representing the right to purchase for the exercise price Class A Common Stock of the Issuer vested 25% on April 1, 2025 and monthly thereafter for the following three years, subject to the Reporting Person's continued service with the Issuer. F2: The reported option exercises and sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 5, 2024. F3: The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price. F4: This transaction was executed in multiple trades at prices ranging from $317.76 to $318.73 inclusive. F5: This transaction was executed in multiple trades at prices ranging from $318.76 to $319.75, inclusive. F6: This transaction was executed in multiple trades at prices ranging from $319.78 to $320.77, inclusive. F7: This transaction was executed in multiple trades at prices ranging from $320.83 to $321.73, inclusive. F8: This transaction was executed in multiple trades at prices ranging from $321.91 to $322.87 inclusive. F9: This transaction was executed in multiple trades at prices ranging from $322.91 to $323.89 inclusive. --- Signature --- /s/ /s/ Paul Breaux, by Power of Attorney for Mark W. Jenkins (2026-03-03)