Carvana (CVNA)

=== SEC Form 4 — Statement of Changes in Beneficial Ownership === Document Type: 4 Period of Report: 2026-08-13 10b5-1 Pre-arranged Plan: No --- Issuer --- Name: CARVANA CO. (CVNA) CIK: 0001690820 --- Reporting Owner --- Name: PLATT IRA J. CIK: 0001702455 Role: Director --- Non-Derivative Transactions --- [Transaction #1] Security: Class A Common Stock Date: 2026-08-13 | Code: M (Exercise of derivative) Shares: +15,000 | Price: $3.00 Total Value: $45,000.00 Shares Owned After: 201,470 | Ownership: D (Direct) [Transaction #2] Security: Class A Common Stock Date: 2026-08-13 | Code: S (Open market sale) Shares: -15,000 | Price: $73.00 Total Value: $1,095,000.00 Shares Owned After: 186,470 | Ownership: D (Direct) [Transaction #3] Security: Class A Common Stock Date: 2026-08-14 | Code: M (Exercise of derivative) Shares: +15,000 | Price: $3.00 Total Value: $45,000.00 Shares Owned After: 201,470 | Ownership: D (Direct) [Transaction #4] Security: Class A Common Stock Date: 2026-08-14 | Code: S (Open market sale) Shares: -15,000 | Price: $75.50 Total Value: $1,132,500.00 Shares Owned After: 186,470 | Ownership: D (Direct) --- Derivative Transactions --- [Transaction #1] Security: Stock Options (Right to Buy) Date: 2026-08-13 | Code: M (Exercise of derivative) Shares: -15,000 | Price: $0.00 Exercisable: N/A | Expires: 2027-04-27 Shares Owned After: 74,640 | Ownership: D (Direct) Footnotes: [F4] 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 27, 2018 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: 2026-08-14 | Code: M (Exercise of derivative) Shares: -15,000 | Price: $0.00 Exercisable: N/A | Expires: 2027-04-27 Shares Owned After: 59,640 | Ownership: D (Direct) Footnotes: [F4] 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 27, 2018 and monthly thereafter for the following three years, subject to the Reporting Person's continued service with the Issuer. --- Holdings --- [Holding #1] Security: Class A Common Stock Ownership: I (Indirect) Footnotes: [F1] These Class A Shares are held directly by the Ira J. Platt Revocable Trust (the "Revocable Trust"). The Reporting Person is co-trustee of the Revocable Trust, and the Reporting Person's spouse is the primary beneficiary of the Revocable Trust. [Holding #2] Security: Class A Common Stock Ownership: I (Indirect) Footnotes: [F2] Represents shares of Class A common stock held directly by the Georgiana Platt and Successors Remainder Trust (the "Settlers Trust"). The Reporting Person's spouse is co-trustee and primary beneficiary of the Settlers Trust. [Holding #3] Security: Class A Common Stock Ownership: I (Indirect) Footnotes: [F3] Represents shares of Class A common stock held by the Platt Family Foundation (the "Foundation"), a charitable organization. The Reporting Person has voting and investment power over all securities owned by the Foundation. The Reporting Person disclaims beneficial ownership of the shares, except to the extent of his pecuniary interest therein. --- Footnotes (Complete Index) --- F1: These Class A Shares are held directly by the Ira J. Platt Revocable Trust (the "Revocable Trust"). The Reporting Person is co-trustee of the Revocable Trust, and the Reporting Person's spouse is the primary beneficiary of the Revocable Trust. F2: Represents shares of Class A common stock held directly by the Georgiana Platt and Successors Remainder Trust (the "Settlers Trust"). The Reporting Person's spouse is co-trustee and primary beneficiary of the Settlers Trust. F3: Represents shares of Class A common stock held by the Platt Family Foundation (the "Foundation"), a charitable organization. The Reporting Person has voting and investment power over all securities owned by the Foundation. The Reporting Person disclaims beneficial ownership of the shares, except to the extent of his pecuniary interest therein. F4: 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 27, 2018 and monthly thereafter for the following three years, subject to the Reporting Person's continued service with the Issuer. --- Signature --- /s/ /s/ Paul Breaux, by Power of Attorney for Ira J. Platt (2026-08-17)