Carvana (CVNA) 4: JENKINS MARK W. sold 1,219 shares of Class A Common Stock a… (Feb 3, 2026)

=== SEC Form 4 — Statement of Changes in Beneficial Ownership === Document Type: 4 Period of Report: 2026-02-01 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: 2026-02-01 | Code: F (Payment of exercise/tax) Shares: -1,219 | Price: $401.11 Total Value: $488,953.09 Shares Owned After: 202,817 | 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: 2026-02-02 | Code: M (Exercise of derivative) Shares: +10,000 | Price: $10.07 Total Value: $100,700.00 Shares Owned After: 212,817 | 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: 2026-02-02 | Code: M (Exercise of derivative) Shares: +2,000 | Price: $42.03 Total Value: $84,060.00 Shares Owned After: 214,817 | 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: 2026-02-02 | Code: M (Exercise of derivative) Shares: +750 | Price: $51.97 Total Value: $38,977.50 Shares Owned After: 215,567 | 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: 2026-02-02 | Code: S (Open market sale) Shares: -790 | Price: $393.05 Total Value: $310,509.50 Shares Owned After: 214,777 | 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 $393.04 to $393.14 inclusive. [Transaction #6] Security: Class A Common Stock Date: 2026-02-02 | Code: S (Open market sale) Shares: -80 | Price: $394.05 Total Value: $31,524.00 Shares Owned After: 214,697 | 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 #7] Security: Class A Common Stock Date: 2026-02-02 | Code: S (Open market sale) Shares: -120 | Price: $396.27 Total Value: $47,552.40 Shares Owned After: 214,577 | 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 $396.10 to $396.39, inclusive. [Transaction #8] Security: Class A Common Stock Date: 2026-02-02 | Code: S (Open market sale) Shares: -280 | Price: $397.64 Total Value: $111,339.20 Shares Owned After: 214,297 | 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 $397.42 to $398.10, inclusive. [Transaction #9] Security: Class A Common Stock Date: 2026-02-02 | Code: S (Open market sale) Shares: -200 | Price: $399.33 Total Value: $79,866.00 Shares Owned After: 214,097 | 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 $399.03 to $399.55, inclusive. [Transaction #10] Security: Class A Common Stock Date: 2026-02-02 | Code: S (Open market sale) Shares: -80 | Price: $400.13 Total Value: $32,010.40 Shares Owned After: 214,017 | 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 $400.08 to $400.18 inclusive. [Transaction #11] Security: Class A Common Stock Date: 2026-02-02 | Code: S (Open market sale) Shares: -40 | Price: $402.57 Total Value: $16,102.80 Shares Owned After: 213,977 | 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 #12] Security: Class A Common Stock Date: 2026-02-02 | Code: S (Open market sale) Shares: -120 | Price: $403.82 Total Value: $48,458.40 Shares Owned After: 213,857 | 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 $403.66 to $404.10, inclusive. [Transaction #13] Security: Class A Common Stock Date: 2026-02-02 | Code: S (Open market sale) Shares: -80 | Price: $405.38 Total Value: $32,430.40 Shares Owned After: 213,777 | 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 #14] Security: Class A Common Stock Date: 2026-02-02 | Code: S (Open market sale) Shares: -360 | Price: $406.81 Total Value: $146,451.60 Shares Owned After: 213,417 | 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 $406.46 to $407.43, inclusive. [Transaction #15] Security: Class A Common Stock Date: 2026-02-02 | Code: S (Open market sale) Shares: -1,570 | Price: $407.97 Total Value: $640,512.90 Shares Owned After: 211,847 | 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 $407.47 to $408.39, inclusive. [Transaction #16] Security: Class A Common Stock Date: 2026-02-02 | Code: S (Open market sale) Shares: -920 | Price: $408.90 Total Value: $376,188.00 Shares Owned After: 210,927 | 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 $408.57 to $409.27 inclusive. [Transaction #17] Security: Class A Common Stock Date: 2026-02-02 | Code: S (Open market sale) Shares: -800 | Price: $410.05 Total Value: $328,040.00 Shares Owned After: 210,127 | 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 $409.57 to $410.55, inclusive. [Transaction #18] Security: Class A Common Stock Date: 2026-02-02 | Code: S (Open market sale) Shares: -960 | Price: $411.16 Total Value: $394,713.60 Shares Owned After: 209,167 | 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. [F14] This transaction was executed in multiple trades at prices ranging from $410.65 to $411.61, inclusive. [Transaction #19] Security: Class A Common Stock Date: 2026-02-02 | Code: S (Open market sale) Shares: -1,439 | Price: $412.17 Total Value: $593,112.63 Shares Owned After: 207,728 | 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. [F15] This transaction was executed in multiple trades at prices ranging from $411.68 to $412.67, inclusive. [Transaction #20] Security: Class A Common Stock Date: 2026-02-02 | Code: S (Open market sale) Shares: -576 | Price: $413.13 Total Value: $237,962.88 Shares Owned After: 207,152 | 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. [F16] This transaction was executed in multiple trades at prices ranging from $412.71 to $413.70, inclusive. [Transaction #21] Security: Class A Common Stock Date: 2026-02-02 | Code: S (Open market sale) Shares: -1,122 | Price: $414.27 Total Value: $464,810.94 Shares Owned After: 206,030 | 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. [F17] This transaction was executed in multiple trades at prices ranging from $413.73 to $414.68, inclusive. [Transaction #22] Security: Class A Common Stock Date: 2026-02-02 | Code: S (Open market sale) Shares: -895 | Price: $415.34 Total Value: $371,729.30 Shares Owned After: 205,135 | 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. [F18] This transaction was executed in multiple trades at prices ranging from $414.73 to $415.68, inclusive. [Transaction #23] Security: Class A Common Stock Date: 2026-02-02 | Code: S (Open market sale) Shares: -1,108 | Price: $416.13 Total Value: $461,072.04 Shares Owned After: 204,027 | 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. [F19] This transaction was executed in multiple trades at prices ranging from $415.74 to $416.73, inclusive. [Transaction #24] Security: Class A Common Stock Date: 2026-02-02 | Code: S (Open market sale) Shares: -628 | Price: $417.31 Total Value: $262,070.68 Shares Owned After: 203,399 | 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. [F20] This transaction was executed in multiple trades at prices ranging from $416.74 to $417.73, inclusive. [Transaction #25] Security: Class A Common Stock Date: 2026-02-02 | Code: S (Open market sale) Shares: -542 | Price: $418.20 Total Value: $226,664.40 Shares Owned After: 202,857 | 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. [F21] This transaction was executed in multiple trades at prices ranging from $417.80 to $418.58, inclusive. [Transaction #26] Security: Class A Common Stock Date: 2026-02-02 | Code: S (Open market sale) Shares: -40 | Price: $418.87 Total Value: $16,754.80 Shares Owned After: 202,817 | 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. --- Derivative Transactions --- [Transaction #1] Security: Stock Options (Right to Buy) Date: 2026-02-02 | Code: M (Exercise of derivative) Shares: -10,000 | Price: $0.00 Exercisable: N/A | Expires: 2033-02-22 Shares Owned After: 158,513 | 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. [F22] 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: 2026-02-02 | Code: M (Exercise of derivative) Shares: -2,000 | Price: $0.00 Exercisable: N/A | Expires: 2034-01-24 Shares Owned After: 52,703 | 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. [F23] 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: 2026-02-02 | Code: M (Exercise of derivative) Shares: -750 | Price: $0.00 Exercisable: N/A | Expires: 2034-02-13 Shares Owned After: 20,096 | 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. [F23] 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 $406.46 to $407.43, inclusive. F11: This transaction was executed in multiple trades at prices ranging from $407.47 to $408.39, inclusive. F12: This transaction was executed in multiple trades at prices ranging from $408.57 to $409.27 inclusive. F13: This transaction was executed in multiple trades at prices ranging from $409.57 to $410.55, inclusive. F14: This transaction was executed in multiple trades at prices ranging from $410.65 to $411.61, inclusive. F15: This transaction was executed in multiple trades at prices ranging from $411.68 to $412.67, inclusive. F16: This transaction was executed in multiple trades at prices ranging from $412.71 to $413.70, inclusive. F17: This transaction was executed in multiple trades at prices ranging from $413.73 to $414.68, inclusive. F18: This transaction was executed in multiple trades at prices ranging from $414.73 to $415.68, inclusive. F19: This transaction was executed in multiple trades at prices ranging from $415.74 to $416.73, inclusive. 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. F20: This transaction was executed in multiple trades at prices ranging from $416.74 to $417.73, inclusive. F21: This transaction was executed in multiple trades at prices ranging from $417.80 to $418.58, inclusive. F22: 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. F23: 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. 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 $393.04 to $393.14 inclusive. F5: This transaction was executed in multiple trades at prices ranging from $396.10 to $396.39, inclusive. F6: This transaction was executed in multiple trades at prices ranging from $397.42 to $398.10, inclusive. F7: This transaction was executed in multiple trades at prices ranging from $399.03 to $399.55, inclusive. F8: This transaction was executed in multiple trades at prices ranging from $400.08 to $400.18 inclusive. F9: This transaction was executed in multiple trades at prices ranging from $403.66 to $404.10, inclusive. --- Signature --- /s/ /s/ Paul Breaux, by Power of Attorney for Mark W. Jenkins (2026-02-03)