=== SEC Form 4 — Statement of Changes in Beneficial Ownership ===
Document Type: 4
Period of Report: 2026-01-01
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: 2026-01-01 | Code: F (Payment of exercise/tax)
Shares: -887 | Price: $422.02
Total Value: $374,331.74
Shares Owned After: 204,036 | 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: 2026-01-02 | Code: M (Exercise of derivative)
Shares: +10,000 | Price: $10.07
Total Value: $100,700.00
Shares Owned After: 214,036 | 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: 2026-01-02 | Code: M (Exercise of derivative)
Shares: +2,000 | Price: $42.03
Total Value: $84,060.00
Shares Owned After: 216,036 | 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: 2026-01-02 | Code: M (Exercise of derivative)
Shares: +750 | Price: $51.97
Total Value: $38,977.50
Shares Owned After: 216,786 | 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: 2026-01-02 | Code: S (Open market sale)
Shares: -280 | Price: $391.79
Total Value: $109,701.20
Shares Owned After: 216,506 | 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 $391.19 to $392.08, inclusive.
[Transaction #6]
Security: Class A Common Stock
Date: 2026-01-02 | Code: S (Open market sale)
Shares: -440 | Price: $392.62
Total Value: $172,752.80
Shares Owned After: 216,066 | 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 $392.19 to $393.06, inclusive.
[Transaction #7]
Security: Class A Common Stock
Date: 2026-01-02 | Code: S (Open market sale)
Shares: -370 | Price: $393.77
Total Value: $145,694.90
Shares Owned After: 215,696 | 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 $393.35 to $394.27, inclusive.
[Transaction #8]
Security: Class A Common Stock
Date: 2026-01-02 | Code: S (Open market sale)
Shares: -600 | Price: $395.13
Total Value: $237,078.00
Shares Owned After: 215,096 | 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.
[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 $394.60 to $395.56, inclusive.
[Transaction #9]
Security: Class A Common Stock
Date: 2026-01-02 | Code: S (Open market sale)
Shares: -600 | Price: $396.08
Total Value: $237,648.00
Shares Owned After: 214,496 | 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 $395.79 to $396.54, inclusive.
[Transaction #10]
Security: Class A Common Stock
Date: 2026-01-02 | Code: S (Open market sale)
Shares: -701 | Price: $397.27
Total Value: $278,486.27
Shares Owned After: 213,795 | 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 $396.85 to $397.78 inclusive.
[Transaction #11]
Security: Class A Common Stock
Date: 2026-01-02 | Code: S (Open market sale)
Shares: -680 | Price: $398.40
Total Value: $270,912.00
Shares Owned After: 213,115 | 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 $397.91 to $398.88, inclusive.
[Transaction #12]
Security: Class A Common Stock
Date: 2026-01-02 | Code: S (Open market sale)
Shares: -1,760 | Price: $399.35
Total Value: $702,856.00
Shares Owned After: 211,355 | 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 $398.92 to $399.86, inclusive.
[Transaction #13]
Security: Class A Common Stock
Date: 2026-01-02 | Code: S (Open market sale)
Shares: -1,517 | Price: $400.46
Total Value: $607,497.82
Shares Owned After: 209,838 | 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 $399.96 to $400.93, inclusive.
[Transaction #14]
Security: Class A Common Stock
Date: 2026-01-02 | Code: S (Open market sale)
Shares: -1,120 | Price: $401.62
Total Value: $449,814.40
Shares Owned After: 208,718 | 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 $400.97 to $401.95, inclusive.
[Transaction #15]
Security: Class A Common Stock
Date: 2026-01-02 | Code: S (Open market sale)
Shares: -832 | Price: $402.44
Total Value: $334,830.08
Shares Owned After: 207,886 | 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 $401.99 to $402.98, inclusive.
[Transaction #16]
Security: Class A Common Stock
Date: 2026-01-02 | Code: S (Open market sale)
Shares: -332 | Price: $403.53
Total Value: $133,971.96
Shares Owned After: 207,554 | 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 $403.06 to $403.97, inclusive.
[Transaction #17]
Security: Class A Common Stock
Date: 2026-01-02 | Code: S (Open market sale)
Shares: -320 | Price: $404.54
Total Value: $129,452.80
Shares Owned After: 207,234 | 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 $404.07 to $405.03, inclusive.
[Transaction #18]
Security: Class A Common Stock
Date: 2026-01-02 | Code: S (Open market sale)
Shares: -200 | Price: $405.52
Total Value: $81,104.00
Shares Owned After: 207,034 | 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 $405.13 to $405.79, inclusive.
[Transaction #19]
Security: Class A Common Stock
Date: 2026-01-02 | Code: S (Open market sale)
Shares: -120 | Price: $407.14
Total Value: $48,856.80
Shares Owned After: 206,914 | 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 $407.13 to $407.16, inclusive.
[Transaction #20]
Security: Class A Common Stock
Date: 2026-01-02 | Code: S (Open market sale)
Shares: -90 | Price: $409.07
Total Value: $36,816.30
Shares Owned After: 206,824 | 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 $408.59 to $409.52, inclusive.
[Transaction #21]
Security: Class A Common Stock
Date: 2026-01-02 | Code: S (Open market sale)
Shares: -150 | Price: $410.13
Total Value: $61,519.50
Shares Owned After: 206,674 | 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 $409.74 to $410.36, inclusive.
[Transaction #22]
Security: Class A Common Stock
Date: 2026-01-02 | Code: S (Open market sale)
Shares: -200 | Price: $411.68
Total Value: $82,336.00
Shares Owned After: 206,474 | 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 $411.54 to $411.90, inclusive.
[Transaction #23]
Security: Class A Common Stock
Date: 2026-01-02 | Code: S (Open market sale)
Shares: -200 | Price: $413.16
Total Value: $82,632.00
Shares Owned After: 206,274 | 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.
[F22] This transaction was executed in multiple trades at prices ranging from $412.86 to $413.79, inclusive.
[Transaction #24]
Security: Class A Common Stock
Date: 2026-01-02 | Code: S (Open market sale)
Shares: -368 | Price: $414.27
Total Value: $152,451.36
Shares Owned After: 205,906 | 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.
[F23] This transaction was executed in multiple trades at prices ranging from $413.93 to $414.66, inclusive.
[Transaction #25]
Security: Class A Common Stock
Date: 2026-01-02 | Code: S (Open market sale)
Shares: -280 | Price: $415.21
Total Value: $116,258.80
Shares Owned After: 205,626 | 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.
[F24] This transaction was executed in multiple trades at prices ranging from $414.94 to $415.79, inclusive.
[Transaction #26]
Security: Class A Common Stock
Date: 2026-01-02 | Code: S (Open market sale)
Shares: -160 | Price: $416.26
Total Value: $66,601.60
Shares Owned After: 205,466 | 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.
[F25] This transaction was executed in multiple trades at prices ranging from $416.17 to $416.35, inclusive.
[Transaction #27]
Security: Class A Common Stock
Date: 2026-01-02 | Code: S (Open market sale)
Shares: -360 | Price: $417.85
Total Value: $150,426.00
Shares Owned After: 205,106 | 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.
[F26] This transaction was executed in multiple trades at prices ranging from $417.18 to $418.17, inclusive.
[Transaction #28]
Security: Class A Common Stock
Date: 2026-01-02 | Code: S (Open market sale)
Shares: -120 | Price: $418.58
Total Value: $50,229.60
Shares Owned After: 204,986 | 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.
[F27] This transaction was executed in multiple trades at prices ranging from $418.38 to $418.97, inclusive.
[Transaction #29]
Security: Class A Common Stock
Date: 2026-01-02 | Code: S (Open market sale)
Shares: -950 | Price: $419.53
Total Value: $398,553.50
Shares Owned After: 204,036 | 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.
[F28] This transaction was executed in multiple trades at prices ranging from $419.43 to $420.15, inclusive.
--- Derivative Transactions ---
[Transaction #1]
Security: Stock Options (Right to Buy)
Date: 2026-01-02 | Code: M (Exercise of derivative)
Shares: -10,000 | Price: $0.00
Exercisable: N/A | Expires: 2033-02-22
Shares Owned After: 168,513 | 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.
[F29] 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: 2026-01-02 | Code: M (Exercise of derivative)
Shares: -2,000 | Price: $0.00
Exercisable: N/A | Expires: 2034-01-24
Shares Owned After: 54,703 | 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.
[F30] 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: 2026-01-02 | Code: M (Exercise of derivative)
Shares: -750 | Price: $0.00
Exercisable: N/A | Expires: 2034-02-13
Shares Owned After: 20,846 | 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.
[F30] 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 $397.91 to $398.88, inclusive.
F11: This transaction was executed in multiple trades at prices ranging from $398.92 to $399.86, inclusive.
F12: This transaction was executed in multiple trades at prices ranging from $399.96 to $400.93, inclusive.
F13: This transaction was executed in multiple trades at prices ranging from $400.97 to $401.95, inclusive.
F14: This transaction was executed in multiple trades at prices ranging from $401.99 to $402.98, inclusive.
F15: This transaction was executed in multiple trades at prices ranging from $403.06 to $403.97, inclusive.
F16: This transaction was executed in multiple trades at prices ranging from $404.07 to $405.03, inclusive.
F17: This transaction was executed in multiple trades at prices ranging from $405.13 to $405.79, inclusive.
F18: This transaction was executed in multiple trades at prices ranging from $407.13 to $407.16, inclusive.
F19: This transaction was executed in multiple trades at prices ranging from $408.59 to $409.52, 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 $409.74 to $410.36, inclusive.
F21: This transaction was executed in multiple trades at prices ranging from $411.54 to $411.90, inclusive.
F22: This transaction was executed in multiple trades at prices ranging from $412.86 to $413.79, inclusive.
F23: This transaction was executed in multiple trades at prices ranging from $413.93 to $414.66, inclusive.
F24: This transaction was executed in multiple trades at prices ranging from $414.94 to $415.79, inclusive.
F25: This transaction was executed in multiple trades at prices ranging from $416.17 to $416.35, inclusive.
F26: This transaction was executed in multiple trades at prices ranging from $417.18 to $418.17, inclusive.
F27: This transaction was executed in multiple trades at prices ranging from $418.38 to $418.97, inclusive.
F28: This transaction was executed in multiple trades at prices ranging from $419.43 to $420.15, inclusive.
F29: 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.
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.
F30: 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.
F4: This transaction was executed in multiple trades at prices ranging from $391.19 to $392.08, inclusive.
F5: This transaction was executed in multiple trades at prices ranging from $392.19 to $393.06, inclusive.
F6: This transaction was executed in multiple trades at prices ranging from $393.35 to $394.27, inclusive.
F7: This transaction was executed in multiple trades at prices ranging from $394.60 to $395.56, inclusive.
F8: This transaction was executed in multiple trades at prices ranging from $395.79 to $396.54, inclusive.
F9: This transaction was executed in multiple trades at prices ranging from $396.85 to $397.78 inclusive.
--- Signature ---
/s/ /s/ Paul Breaux, by Power of Attorney for Mark W. Jenkins (2026-01-05)