CARVANA CO. (CVNA) · Insider Trading (Form 4) SEC Filing

=== SEC Form 4 — Statement of Changes in Beneficial Ownership === Document Type: 4 Period of Report: 2026-07-01 10b5-1 Pre-arranged Plan: Yes --- Issuer --- Name: CARVANA CO. (CVNA) CIK: 0001690820 --- Reporting Owner --- Name: Palmer Stephen R CIK: 0001783558 Role: Officer (Vice President of Accounting) --- Non-Derivative Transactions --- [Transaction #1] Security: Class A Common Stock Date: 2026-07-01 | Code: F (Payment of exercise/tax) Shares: -3,021 | Price: $67.87 Total Value: $205,035.27 Shares Owned After: 149,934 | 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: 2026-07-01 | Code: S (Open market sale) Shares: -280 | Price: $65.13 Total Value: $18,236.40 Shares Owned After: 149,654 | Ownership: D (Direct) Footnotes: [F2] The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 28, 2025 (the "10b5-1 Plan"). [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 $64.66 to $65.52 inclusive. [Transaction #3] Security: Class A Common Stock Date: 2026-07-01 | Code: S (Open market sale) Shares: -360 | Price: $66.09 Total Value: $23,792.40 Shares Owned After: 149,294 | Ownership: D (Direct) Footnotes: [F2] The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 28, 2025 (the "10b5-1 Plan"). [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 $65.78 to $66.49 inclusive. [Transaction #4] Security: Class A Common Stock Date: 2026-07-01 | Code: S (Open market sale) Shares: -1,320 | Price: $67.81 Total Value: $89,509.20 Shares Owned After: 147,974 | Ownership: D (Direct) Footnotes: [F2] The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 28, 2025 (the "10b5-1 Plan"). [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 $67.13 to $68.12 inclusive. [Transaction #5] Security: Class A Common Stock Date: 2026-07-01 | Code: S (Open market sale) Shares: -1,360 | Price: $68.47 Total Value: $93,119.20 Shares Owned After: 146,614 | Ownership: D (Direct) Footnotes: [F2] The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 28, 2025 (the "10b5-1 Plan"). [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 $68.13 to $69.09 inclusive. [Transaction #6] Security: Class A Common Stock Date: 2026-07-01 | Code: S (Open market sale) Shares: -600 | Price: $69.69 Total Value: $41,814.00 Shares Owned After: 146,014 | Ownership: D (Direct) Footnotes: [F2] The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 28, 2025 (the "10b5-1 Plan"). [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 $69.25 to $70.12 inclusive. [Transaction #7] Security: Class A Common Stock Date: 2026-07-01 | Code: S (Open market sale) Shares: -1,080 | Price: $70.52 Total Value: $76,161.60 Shares Owned After: 144,934 | Ownership: D (Direct) Footnotes: [F2] The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 28, 2025 (the "10b5-1 Plan"). [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 $70.29 to $70.71 inclusive. --- 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. F2: The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 28, 2025 (the "10b5-1 Plan"). 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 $64.66 to $65.52 inclusive. F5: This transaction was executed in multiple trades at prices ranging from $65.78 to $66.49 inclusive. F6: This transaction was executed in multiple trades at prices ranging from $67.13 to $68.12 inclusive. F7: This transaction was executed in multiple trades at prices ranging from $68.13 to $69.09 inclusive. F8: This transaction was executed in multiple trades at prices ranging from $69.25 to $70.12 inclusive. F9: This transaction was executed in multiple trades at prices ranging from $70.29 to $70.71 inclusive. --- Signature --- /s/ /s/ Paul Breaux, by Power of Attorney for Stephen R. Palmer (2026-07-02)