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CVNA

CARVANA CO.

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Tapewire entity
2331
SEC CIK
0001690820
Parsed reports
1,651

Last 12 months

Inside the activity.

5 purchase rows · 371 sale rows

Disclosed non-derivative P/S rows, by transaction month. Includes amendments and private transactions.
Monthly counts
MonthPurchasesSales
Nov 2025058
Dec 2025042
Jan 2026151
Feb 2026045
Mar 2026024
Apr 2026045
May 2026042
Jun 2026013
Jul 2026418
Aug 2026015
Sep 202608
Oct 2026010

Latest available

Insider transactions

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Purchases/sales include open-market and private transactions. Plan disclosure applies to the filing; individual rows may differ. “Not disclosed” is not “unplanned.”

The cutoff filters transaction history only. Company summaries and owner relationships show the latest available disclosures. Parser corrections can improve historical records.

Transaction dateOwner / reported roleActivity / securityShares / unitsReported priceReported valueDetails
August 06, 2025 Filed Aug 9, 2025 00:57 UTC SaleClass A Common Stock 1,411 $356.63 $503,200.27
Disclosure

SEC source: 0000950170-25-106149 · ownership.xml · nonDerivative · entry 12

GARCIA ERNEST C. II · CIK 0001017608 · 10% owner

ECG II SPE, LLC · CIK 0001754720 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 115

F2 · kind: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by Ernest C. Garcia II and Elizabeth Joanne Garcia on December 13, 2024.

F3 · price: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $345.91-$346.895, inclusive (weighted average of $346.5768); $346.93-$347.92, inclusive (weighted average of $347.3647); $347.93-$348.91, inclusive (weighted average of $348.4878); $348.93-$349.91, inclusive (weighted average of $349.4392); $349.94-$350.935, inclusive (weighted average of $350.3552); $350.97-$351.87, inclusive (weighted average of $351.3454); $352.045-$353.00, inclusive (weighted average of $352.5815); $353.14-$354.12, inclusive (weighted average of $353.678); $354.17-$355.16, inclusive (weighted average of $354.7102); $355.17-$356.16, inclusive (weighted average of $355.58); $356.175-$357.095, inclusive (weighted average of $356.6267); and $357.275-$357.355, inclusive (weighted average of $357.3272), respectively.

F4 · price: The reporting person undertakes to provide to the issuer or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.

Read SEC document
August 06, 2025 Filed Aug 9, 2025 00:57 UTC SaleClass A Common Stock 3,796 $355.58 $1,349,781.68
Disclosure

SEC source: 0000950170-25-106149 · ownership.xml · nonDerivative · entry 11

GARCIA ERNEST C. II · CIK 0001017608 · 10% owner

ECG II SPE, LLC · CIK 0001754720 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 1,526

F2 · kind: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by Ernest C. Garcia II and Elizabeth Joanne Garcia on December 13, 2024.

F3 · price: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $345.91-$346.895, inclusive (weighted average of $346.5768); $346.93-$347.92, inclusive (weighted average of $347.3647); $347.93-$348.91, inclusive (weighted average of $348.4878); $348.93-$349.91, inclusive (weighted average of $349.4392); $349.94-$350.935, inclusive (weighted average of $350.3552); $350.97-$351.87, inclusive (weighted average of $351.3454); $352.045-$353.00, inclusive (weighted average of $352.5815); $353.14-$354.12, inclusive (weighted average of $353.678); $354.17-$355.16, inclusive (weighted average of $354.7102); $355.17-$356.16, inclusive (weighted average of $355.58); $356.175-$357.095, inclusive (weighted average of $356.6267); and $357.275-$357.355, inclusive (weighted average of $357.3272), respectively.

F4 · price: The reporting person undertakes to provide to the issuer or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.

Read SEC document
August 06, 2025 Filed Aug 9, 2025 00:57 UTC SaleClass A Common Stock 10,047 $354.71 $3,563,773.38
Disclosure

SEC source: 0000950170-25-106149 · ownership.xml · nonDerivative · entry 10

GARCIA ERNEST C. II · CIK 0001017608 · 10% owner

ECG II SPE, LLC · CIK 0001754720 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 5,322

F2 · kind: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by Ernest C. Garcia II and Elizabeth Joanne Garcia on December 13, 2024.

F3 · price: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $345.91-$346.895, inclusive (weighted average of $346.5768); $346.93-$347.92, inclusive (weighted average of $347.3647); $347.93-$348.91, inclusive (weighted average of $348.4878); $348.93-$349.91, inclusive (weighted average of $349.4392); $349.94-$350.935, inclusive (weighted average of $350.3552); $350.97-$351.87, inclusive (weighted average of $351.3454); $352.045-$353.00, inclusive (weighted average of $352.5815); $353.14-$354.12, inclusive (weighted average of $353.678); $354.17-$355.16, inclusive (weighted average of $354.7102); $355.17-$356.16, inclusive (weighted average of $355.58); $356.175-$357.095, inclusive (weighted average of $356.6267); and $357.275-$357.355, inclusive (weighted average of $357.3272), respectively.

F4 · price: The reporting person undertakes to provide to the issuer or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.

Read SEC document
August 06, 2025 Filed Aug 9, 2025 00:57 UTC SaleClass A Common Stock 6,549 $353.68 $2,316,237.22
Disclosure

SEC source: 0000950170-25-106149 · ownership.xml · nonDerivative · entry 9

GARCIA ERNEST C. II · CIK 0001017608 · 10% owner

ECG II SPE, LLC · CIK 0001754720 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 15,369

F2 · kind: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by Ernest C. Garcia II and Elizabeth Joanne Garcia on December 13, 2024.

F3 · price: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $345.91-$346.895, inclusive (weighted average of $346.5768); $346.93-$347.92, inclusive (weighted average of $347.3647); $347.93-$348.91, inclusive (weighted average of $348.4878); $348.93-$349.91, inclusive (weighted average of $349.4392); $349.94-$350.935, inclusive (weighted average of $350.3552); $350.97-$351.87, inclusive (weighted average of $351.3454); $352.045-$353.00, inclusive (weighted average of $352.5815); $353.14-$354.12, inclusive (weighted average of $353.678); $354.17-$355.16, inclusive (weighted average of $354.7102); $355.17-$356.16, inclusive (weighted average of $355.58); $356.175-$357.095, inclusive (weighted average of $356.6267); and $357.275-$357.355, inclusive (weighted average of $357.3272), respectively.

F4 · price: The reporting person undertakes to provide to the issuer or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.

Read SEC document
August 06, 2025 Filed Aug 9, 2025 00:57 UTC SaleClass A Common Stock 2,287 $352.58 $806,353.89
Disclosure

SEC source: 0000950170-25-106149 · ownership.xml · nonDerivative · entry 8

GARCIA ERNEST C. II · CIK 0001017608 · 10% owner

ECG II SPE, LLC · CIK 0001754720 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 21,918

F2 · kind: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by Ernest C. Garcia II and Elizabeth Joanne Garcia on December 13, 2024.

F3 · price: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $345.91-$346.895, inclusive (weighted average of $346.5768); $346.93-$347.92, inclusive (weighted average of $347.3647); $347.93-$348.91, inclusive (weighted average of $348.4878); $348.93-$349.91, inclusive (weighted average of $349.4392); $349.94-$350.935, inclusive (weighted average of $350.3552); $350.97-$351.87, inclusive (weighted average of $351.3454); $352.045-$353.00, inclusive (weighted average of $352.5815); $353.14-$354.12, inclusive (weighted average of $353.678); $354.17-$355.16, inclusive (weighted average of $354.7102); $355.17-$356.16, inclusive (weighted average of $355.58); $356.175-$357.095, inclusive (weighted average of $356.6267); and $357.275-$357.355, inclusive (weighted average of $357.3272), respectively.

F4 · price: The reporting person undertakes to provide to the issuer or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.

Read SEC document
August 06, 2025 Filed Aug 9, 2025 00:57 UTC SaleClass A Common Stock 9,193 $351.35 $3,229,918.26
Disclosure

SEC source: 0000950170-25-106149 · ownership.xml · nonDerivative · entry 7

GARCIA ERNEST C. II · CIK 0001017608 · 10% owner

ECG II SPE, LLC · CIK 0001754720 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 24,205

F2 · kind: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by Ernest C. Garcia II and Elizabeth Joanne Garcia on December 13, 2024.

F3 · price: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $345.91-$346.895, inclusive (weighted average of $346.5768); $346.93-$347.92, inclusive (weighted average of $347.3647); $347.93-$348.91, inclusive (weighted average of $348.4878); $348.93-$349.91, inclusive (weighted average of $349.4392); $349.94-$350.935, inclusive (weighted average of $350.3552); $350.97-$351.87, inclusive (weighted average of $351.3454); $352.045-$353.00, inclusive (weighted average of $352.5815); $353.14-$354.12, inclusive (weighted average of $353.678); $354.17-$355.16, inclusive (weighted average of $354.7102); $355.17-$356.16, inclusive (weighted average of $355.58); $356.175-$357.095, inclusive (weighted average of $356.6267); and $357.275-$357.355, inclusive (weighted average of $357.3272), respectively.

F4 · price: The reporting person undertakes to provide to the issuer or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.

Read SEC document
August 06, 2025 Filed Aug 9, 2025 00:57 UTC SaleClass A Common Stock 49,097 $350.36 $17,201,389.25
Disclosure

SEC source: 0000950170-25-106149 · ownership.xml · nonDerivative · entry 6

GARCIA ERNEST C. II · CIK 0001017608 · 10% owner

ECG II SPE, LLC · CIK 0001754720 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 33,398

F2 · kind: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by Ernest C. Garcia II and Elizabeth Joanne Garcia on December 13, 2024.

F3 · price: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $345.91-$346.895, inclusive (weighted average of $346.5768); $346.93-$347.92, inclusive (weighted average of $347.3647); $347.93-$348.91, inclusive (weighted average of $348.4878); $348.93-$349.91, inclusive (weighted average of $349.4392); $349.94-$350.935, inclusive (weighted average of $350.3552); $350.97-$351.87, inclusive (weighted average of $351.3454); $352.045-$353.00, inclusive (weighted average of $352.5815); $353.14-$354.12, inclusive (weighted average of $353.678); $354.17-$355.16, inclusive (weighted average of $354.7102); $355.17-$356.16, inclusive (weighted average of $355.58); $356.175-$357.095, inclusive (weighted average of $356.6267); and $357.275-$357.355, inclusive (weighted average of $357.3272), respectively.

F4 · price: The reporting person undertakes to provide to the issuer or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.

Read SEC document
August 06, 2025 Filed Aug 9, 2025 00:57 UTC SaleClass A Common Stock 8,088 $349.44 $2,826,264.25
Disclosure

SEC source: 0000950170-25-106149 · ownership.xml · nonDerivative · entry 5

GARCIA ERNEST C. II · CIK 0001017608 · 10% owner

ECG II SPE, LLC · CIK 0001754720 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 82,495

F2 · kind: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by Ernest C. Garcia II and Elizabeth Joanne Garcia on December 13, 2024.

F3 · price: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $345.91-$346.895, inclusive (weighted average of $346.5768); $346.93-$347.92, inclusive (weighted average of $347.3647); $347.93-$348.91, inclusive (weighted average of $348.4878); $348.93-$349.91, inclusive (weighted average of $349.4392); $349.94-$350.935, inclusive (weighted average of $350.3552); $350.97-$351.87, inclusive (weighted average of $351.3454); $352.045-$353.00, inclusive (weighted average of $352.5815); $353.14-$354.12, inclusive (weighted average of $353.678); $354.17-$355.16, inclusive (weighted average of $354.7102); $355.17-$356.16, inclusive (weighted average of $355.58); $356.175-$357.095, inclusive (weighted average of $356.6267); and $357.275-$357.355, inclusive (weighted average of $357.3272), respectively.

F4 · price: The reporting person undertakes to provide to the issuer or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.

Read SEC document
August 06, 2025 Filed Aug 9, 2025 00:57 UTC SaleClass A Common Stock 3,114 $348.49 $1,085,191.01
Disclosure

SEC source: 0000950170-25-106149 · ownership.xml · nonDerivative · entry 4

GARCIA ERNEST C. II · CIK 0001017608 · 10% owner

ECG II SPE, LLC · CIK 0001754720 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 90,583

F2 · kind: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by Ernest C. Garcia II and Elizabeth Joanne Garcia on December 13, 2024.

F3 · price: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $345.91-$346.895, inclusive (weighted average of $346.5768); $346.93-$347.92, inclusive (weighted average of $347.3647); $347.93-$348.91, inclusive (weighted average of $348.4878); $348.93-$349.91, inclusive (weighted average of $349.4392); $349.94-$350.935, inclusive (weighted average of $350.3552); $350.97-$351.87, inclusive (weighted average of $351.3454); $352.045-$353.00, inclusive (weighted average of $352.5815); $353.14-$354.12, inclusive (weighted average of $353.678); $354.17-$355.16, inclusive (weighted average of $354.7102); $355.17-$356.16, inclusive (weighted average of $355.58); $356.175-$357.095, inclusive (weighted average of $356.6267); and $357.275-$357.355, inclusive (weighted average of $357.3272), respectively.

F4 · price: The reporting person undertakes to provide to the issuer or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.

Read SEC document
August 06, 2025 Filed Aug 9, 2025 00:57 UTC SaleClass A Common Stock 3,253 $347.36 $1,129,977.37
Disclosure

SEC source: 0000950170-25-106149 · ownership.xml · nonDerivative · entry 3

GARCIA ERNEST C. II · CIK 0001017608 · 10% owner

ECG II SPE, LLC · CIK 0001754720 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 93,697

F2 · kind: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by Ernest C. Garcia II and Elizabeth Joanne Garcia on December 13, 2024.

F3 · price: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $345.91-$346.895, inclusive (weighted average of $346.5768); $346.93-$347.92, inclusive (weighted average of $347.3647); $347.93-$348.91, inclusive (weighted average of $348.4878); $348.93-$349.91, inclusive (weighted average of $349.4392); $349.94-$350.935, inclusive (weighted average of $350.3552); $350.97-$351.87, inclusive (weighted average of $351.3454); $352.045-$353.00, inclusive (weighted average of $352.5815); $353.14-$354.12, inclusive (weighted average of $353.678); $354.17-$355.16, inclusive (weighted average of $354.7102); $355.17-$356.16, inclusive (weighted average of $355.58); $356.175-$357.095, inclusive (weighted average of $356.6267); and $357.275-$357.355, inclusive (weighted average of $357.3272), respectively.

F4 · price: The reporting person undertakes to provide to the issuer or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.

Read SEC document
August 06, 2025 Filed Aug 9, 2025 00:57 UTC SaleClass A Common Stock 3,050 $346.58 $1,057,059.24
Disclosure

SEC source: 0000950170-25-106149 · ownership.xml · nonDerivative · entry 2

GARCIA ERNEST C. II · CIK 0001017608 · 10% owner

ECG II SPE, LLC · CIK 0001754720 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 96,950

F2 · kind: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by Ernest C. Garcia II and Elizabeth Joanne Garcia on December 13, 2024.

F3 · price: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $345.91-$346.895, inclusive (weighted average of $346.5768); $346.93-$347.92, inclusive (weighted average of $347.3647); $347.93-$348.91, inclusive (weighted average of $348.4878); $348.93-$349.91, inclusive (weighted average of $349.4392); $349.94-$350.935, inclusive (weighted average of $350.3552); $350.97-$351.87, inclusive (weighted average of $351.3454); $352.045-$353.00, inclusive (weighted average of $352.5815); $353.14-$354.12, inclusive (weighted average of $353.678); $354.17-$355.16, inclusive (weighted average of $354.7102); $355.17-$356.16, inclusive (weighted average of $355.58); $356.175-$357.095, inclusive (weighted average of $356.6267); and $357.275-$357.355, inclusive (weighted average of $357.3272), respectively.

F4 · price: The reporting person undertakes to provide to the issuer or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.

Read SEC document
August 06, 2025 Filed Aug 9, 2025 00:57 UTC ConversionClass A Common Stock 100,000 Not disclosed Not disclosed
Disclosure

SEC source: 0000950170-25-106149 · ownership.xml · nonDerivative · entry 1

GARCIA ERNEST C. II · CIK 0001017608 · 10% owner

ECG II SPE, LLC · CIK 0001754720 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 100,000

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Reflects the conversion of Class A Common Units ("Class A Units") of Carvana Group, LLC ("Carvana Group") owned directly by Ernest C. Garcia II into shares of Class A Common Stock ("Class A Shares") of the Issuer pursuant to the Exchange Agreement, dated April 27, 2017, by and among the Issuer, Carvana Co. Sub LLC, Carvana Group and the members of Carvana Group (the "Exchange Agreement").

Read SEC document
August 05, 2025 Filed Aug 6, 2025 22:59 UTC ConversionClass A Units · Derivative 125,000 $0.00 $0.00
Disclosure

SEC source: 0000950170-25-104360 · ownership.xml · derivative · entry 25

GARCIA ERNEST C. II · CIK 0001017608 · 10% owner

ECG II SPE, LLC · CIK 0001754720 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 43,678,489

Underlying: Class A Common Stock · 100,000 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Reflects the conversion of Class A Common Units ("Class A Units") of Carvana Group, LLC ("Carvana Group") owned directly by Ernest C. Garcia II into shares of Class A Common Stock ("Class A Shares") of the Issuer pursuant to the Exchange Agreement, dated April 27, 2017, by and among the Issuer, Carvana Co. Sub LLC, Carvana Group and the members of Carvana Group (the "Exchange Agreement").

F1 · derivative.exercise_date: Reflects the conversion of Class A Common Units ("Class A Units") of Carvana Group, LLC ("Carvana Group") owned directly by Ernest C. Garcia II into shares of Class A Common Stock ("Class A Shares") of the Issuer pursuant to the Exchange Agreement, dated April 27, 2017, by and among the Issuer, Carvana Co. Sub LLC, Carvana Group and the members of Carvana Group (the "Exchange Agreement").

F1 · derivative.expiration_date: Reflects the conversion of Class A Common Units ("Class A Units") of Carvana Group, LLC ("Carvana Group") owned directly by Ernest C. Garcia II into shares of Class A Common Stock ("Class A Shares") of the Issuer pursuant to the Exchange Agreement, dated April 27, 2017, by and among the Issuer, Carvana Co. Sub LLC, Carvana Group and the members of Carvana Group (the "Exchange Agreement").

Read SEC document
August 05, 2025 Filed Aug 6, 2025 22:59 UTC OtherClass B Common Stock 100,000 Not disclosed Not disclosed
Disclosure

SEC source: 0000950170-25-104360 · ownership.xml · nonDerivative · entry 23

GARCIA ERNEST C. II · CIK 0001017608 · 10% owner

ECG II SPE, LLC · CIK 0001754720 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 34,942,792

F6 · price: Reflects the cancellation for no consideration of Class B Common Stock of the Issuer ("Class B Shares") in connection with the conversion of Class A Units into Class A Shares. Following the reported transaction, the remaining Class B Shares are owned directly by Ernest C. Garcia II.

Read SEC document
August 05, 2025 Filed Aug 6, 2025 22:59 UTC SaleClass A Common Stock 5,613 $368.62 $2,069,051.71
Disclosure

SEC source: 0000950170-25-104360 · ownership.xml · nonDerivative · entry 22

GARCIA ERNEST C. II · CIK 0001017608 · 10% owner

ECG II SPE, LLC · CIK 0001754720 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 0

F2 · kind: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by Ernest C. Garcia II and Elizabeth Joanne Garcia on December 13, 2024.

F5 · price: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $357.46-$358.355, inclusive (weighted average of $357.7972); $358.98-$358.99, inclusive (weighted average of $358.9867); $360.68-$361.335, inclusive (weighted average of $361.0497); $361.785-$362.665, inclusive (weighted average of $362.2238); $363.195-$364.17, inclusive (weighted average of $363.7618); $364.20-$365.18, inclusive (weighted average of $364.5407); $365.25-$366.24, inclusive (weighted average of $365.7908); $366.25-$367.215, inclusive (weighted average of $366.6938); $367.29-$368.285, inclusive (weighted average of $367.8985); and $368.31-$369.16, inclusive (weighted average of $368.6178), respectively. The reporting person undertakes to provide to the issuer or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.

Read SEC document
August 05, 2025 Filed Aug 6, 2025 22:59 UTC SaleClass A Common Stock 5,947 $367.90 $2,187,892.38
Disclosure

SEC source: 0000950170-25-104360 · ownership.xml · nonDerivative · entry 21

GARCIA ERNEST C. II · CIK 0001017608 · 10% owner

ECG II SPE, LLC · CIK 0001754720 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 5,613

F2 · kind: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by Ernest C. Garcia II and Elizabeth Joanne Garcia on December 13, 2024.

F5 · price: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $357.46-$358.355, inclusive (weighted average of $357.7972); $358.98-$358.99, inclusive (weighted average of $358.9867); $360.68-$361.335, inclusive (weighted average of $361.0497); $361.785-$362.665, inclusive (weighted average of $362.2238); $363.195-$364.17, inclusive (weighted average of $363.7618); $364.20-$365.18, inclusive (weighted average of $364.5407); $365.25-$366.24, inclusive (weighted average of $365.7908); $366.25-$367.215, inclusive (weighted average of $366.6938); $367.29-$368.285, inclusive (weighted average of $367.8985); and $368.31-$369.16, inclusive (weighted average of $368.6178), respectively. The reporting person undertakes to provide to the issuer or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.

Read SEC document
August 05, 2025 Filed Aug 6, 2025 22:59 UTC SaleClass A Common Stock 12,167 $366.69 $4,461,563.46
Disclosure

SEC source: 0000950170-25-104360 · ownership.xml · nonDerivative · entry 20

GARCIA ERNEST C. II · CIK 0001017608 · 10% owner

ECG II SPE, LLC · CIK 0001754720 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 11,560

F2 · kind: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by Ernest C. Garcia II and Elizabeth Joanne Garcia on December 13, 2024.

F5 · price: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $357.46-$358.355, inclusive (weighted average of $357.7972); $358.98-$358.99, inclusive (weighted average of $358.9867); $360.68-$361.335, inclusive (weighted average of $361.0497); $361.785-$362.665, inclusive (weighted average of $362.2238); $363.195-$364.17, inclusive (weighted average of $363.7618); $364.20-$365.18, inclusive (weighted average of $364.5407); $365.25-$366.24, inclusive (weighted average of $365.7908); $366.25-$367.215, inclusive (weighted average of $366.6938); $367.29-$368.285, inclusive (weighted average of $367.8985); and $368.31-$369.16, inclusive (weighted average of $368.6178), respectively. The reporting person undertakes to provide to the issuer or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.

Read SEC document
August 05, 2025 Filed Aug 6, 2025 22:59 UTC SaleClass A Common Stock 16,867 $365.79 $6,169,793.42
Disclosure

SEC source: 0000950170-25-104360 · ownership.xml · nonDerivative · entry 19

GARCIA ERNEST C. II · CIK 0001017608 · 10% owner

ECG II SPE, LLC · CIK 0001754720 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 23,727

F2 · kind: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by Ernest C. Garcia II and Elizabeth Joanne Garcia on December 13, 2024.

F5 · price: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $357.46-$358.355, inclusive (weighted average of $357.7972); $358.98-$358.99, inclusive (weighted average of $358.9867); $360.68-$361.335, inclusive (weighted average of $361.0497); $361.785-$362.665, inclusive (weighted average of $362.2238); $363.195-$364.17, inclusive (weighted average of $363.7618); $364.20-$365.18, inclusive (weighted average of $364.5407); $365.25-$366.24, inclusive (weighted average of $365.7908); $366.25-$367.215, inclusive (weighted average of $366.6938); $367.29-$368.285, inclusive (weighted average of $367.8985); and $368.31-$369.16, inclusive (weighted average of $368.6178), respectively. The reporting person undertakes to provide to the issuer or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.

Read SEC document
August 05, 2025 Filed Aug 6, 2025 22:59 UTC SaleClass A Common Stock 8,648 $364.54 $3,152,547.97
Disclosure

SEC source: 0000950170-25-104360 · ownership.xml · nonDerivative · entry 18

GARCIA ERNEST C. II · CIK 0001017608 · 10% owner

ECG II SPE, LLC · CIK 0001754720 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 40,594

F2 · kind: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by Ernest C. Garcia II and Elizabeth Joanne Garcia on December 13, 2024.

F5 · price: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $357.46-$358.355, inclusive (weighted average of $357.7972); $358.98-$358.99, inclusive (weighted average of $358.9867); $360.68-$361.335, inclusive (weighted average of $361.0497); $361.785-$362.665, inclusive (weighted average of $362.2238); $363.195-$364.17, inclusive (weighted average of $363.7618); $364.20-$365.18, inclusive (weighted average of $364.5407); $365.25-$366.24, inclusive (weighted average of $365.7908); $366.25-$367.215, inclusive (weighted average of $366.6938); $367.29-$368.285, inclusive (weighted average of $367.8985); and $368.31-$369.16, inclusive (weighted average of $368.6178), respectively. The reporting person undertakes to provide to the issuer or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.

Read SEC document
August 05, 2025 Filed Aug 6, 2025 22:59 UTC SaleClass A Common Stock 12,121 $363.76 $4,409,156.78
Disclosure

SEC source: 0000950170-25-104360 · ownership.xml · nonDerivative · entry 17

GARCIA ERNEST C. II · CIK 0001017608 · 10% owner

ECG II SPE, LLC · CIK 0001754720 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 49,242

F2 · kind: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by Ernest C. Garcia II and Elizabeth Joanne Garcia on December 13, 2024.

F5 · price: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $357.46-$358.355, inclusive (weighted average of $357.7972); $358.98-$358.99, inclusive (weighted average of $358.9867); $360.68-$361.335, inclusive (weighted average of $361.0497); $361.785-$362.665, inclusive (weighted average of $362.2238); $363.195-$364.17, inclusive (weighted average of $363.7618); $364.20-$365.18, inclusive (weighted average of $364.5407); $365.25-$366.24, inclusive (weighted average of $365.7908); $366.25-$367.215, inclusive (weighted average of $366.6938); $367.29-$368.285, inclusive (weighted average of $367.8985); and $368.31-$369.16, inclusive (weighted average of $368.6178), respectively. The reporting person undertakes to provide to the issuer or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.

Read SEC document
August 05, 2025 Filed Aug 6, 2025 22:59 UTC SaleClass A Common Stock 459 $362.22 $166,260.72
Disclosure

SEC source: 0000950170-25-104360 · ownership.xml · nonDerivative · entry 16

GARCIA ERNEST C. II · CIK 0001017608 · 10% owner

ECG II SPE, LLC · CIK 0001754720 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 61,363

F2 · kind: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by Ernest C. Garcia II and Elizabeth Joanne Garcia on December 13, 2024.

F5 · price: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $357.46-$358.355, inclusive (weighted average of $357.7972); $358.98-$358.99, inclusive (weighted average of $358.9867); $360.68-$361.335, inclusive (weighted average of $361.0497); $361.785-$362.665, inclusive (weighted average of $362.2238); $363.195-$364.17, inclusive (weighted average of $363.7618); $364.20-$365.18, inclusive (weighted average of $364.5407); $365.25-$366.24, inclusive (weighted average of $365.7908); $366.25-$367.215, inclusive (weighted average of $366.6938); $367.29-$368.285, inclusive (weighted average of $367.8985); and $368.31-$369.16, inclusive (weighted average of $368.6178), respectively. The reporting person undertakes to provide to the issuer or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.

Read SEC document
August 05, 2025 Filed Aug 6, 2025 22:59 UTC SaleClass A Common Stock 302 $361.05 $109,037.01
Disclosure

SEC source: 0000950170-25-104360 · ownership.xml · nonDerivative · entry 15

GARCIA ERNEST C. II · CIK 0001017608 · 10% owner

ECG II SPE, LLC · CIK 0001754720 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 61,822

F2 · kind: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by Ernest C. Garcia II and Elizabeth Joanne Garcia on December 13, 2024.

F5 · price: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $357.46-$358.355, inclusive (weighted average of $357.7972); $358.98-$358.99, inclusive (weighted average of $358.9867); $360.68-$361.335, inclusive (weighted average of $361.0497); $361.785-$362.665, inclusive (weighted average of $362.2238); $363.195-$364.17, inclusive (weighted average of $363.7618); $364.20-$365.18, inclusive (weighted average of $364.5407); $365.25-$366.24, inclusive (weighted average of $365.7908); $366.25-$367.215, inclusive (weighted average of $366.6938); $367.29-$368.285, inclusive (weighted average of $367.8985); and $368.31-$369.16, inclusive (weighted average of $368.6178), respectively. The reporting person undertakes to provide to the issuer or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.

Read SEC document
August 05, 2025 Filed Aug 6, 2025 22:59 UTC SaleClass A Common Stock 3 $358.99 $1,076.96
Disclosure

SEC source: 0000950170-25-104360 · ownership.xml · nonDerivative · entry 14

GARCIA ERNEST C. II · CIK 0001017608 · 10% owner

ECG II SPE, LLC · CIK 0001754720 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 62,124

F2 · kind: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by Ernest C. Garcia II and Elizabeth Joanne Garcia on December 13, 2024.

F5 · price: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $357.46-$358.355, inclusive (weighted average of $357.7972); $358.98-$358.99, inclusive (weighted average of $358.9867); $360.68-$361.335, inclusive (weighted average of $361.0497); $361.785-$362.665, inclusive (weighted average of $362.2238); $363.195-$364.17, inclusive (weighted average of $363.7618); $364.20-$365.18, inclusive (weighted average of $364.5407); $365.25-$366.24, inclusive (weighted average of $365.7908); $366.25-$367.215, inclusive (weighted average of $366.6938); $367.29-$368.285, inclusive (weighted average of $367.8985); and $368.31-$369.16, inclusive (weighted average of $368.6178), respectively. The reporting person undertakes to provide to the issuer or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.

Read SEC document
August 05, 2025 Filed Aug 6, 2025 22:59 UTC SaleClass A Common Stock 2,088 $357.80 $747,080.55
Disclosure

SEC source: 0000950170-25-104360 · ownership.xml · nonDerivative · entry 13

GARCIA ERNEST C. II · CIK 0001017608 · 10% owner

ECG II SPE, LLC · CIK 0001754720 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 62,127

F2 · kind: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by Ernest C. Garcia II and Elizabeth Joanne Garcia on December 13, 2024.

F5 · price: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $357.46-$358.355, inclusive (weighted average of $357.7972); $358.98-$358.99, inclusive (weighted average of $358.9867); $360.68-$361.335, inclusive (weighted average of $361.0497); $361.785-$362.665, inclusive (weighted average of $362.2238); $363.195-$364.17, inclusive (weighted average of $363.7618); $364.20-$365.18, inclusive (weighted average of $364.5407); $365.25-$366.24, inclusive (weighted average of $365.7908); $366.25-$367.215, inclusive (weighted average of $366.6938); $367.29-$368.285, inclusive (weighted average of $367.8985); and $368.31-$369.16, inclusive (weighted average of $368.6178), respectively. The reporting person undertakes to provide to the issuer or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.

Read SEC document
August 05, 2025 Filed Aug 6, 2025 22:59 UTC SaleClass A Common Stock 2,184 $356.82 $779,304.05
Disclosure

SEC source: 0000950170-25-104360 · ownership.xml · nonDerivative · entry 12

GARCIA ERNEST C. II · CIK 0001017608 · 10% owner

ECG II SPE, LLC · CIK 0001754720 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 64,215

F2 · kind: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by Ernest C. Garcia II and Elizabeth Joanne Garcia on December 13, 2024.

F3 · price: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $346.28-$347.26, inclusive (weighted average of $346.8938); $347.28-$348.27, inclusive (weighted average of $347.8007); $348.285-$349.275, inclusive (weighted average of $348.7958); $349.29-$350.26, inclusive (weighted average of $349.5925); $350.29-$351.255, inclusive (weighted average of $350.6974); $351.30-$352.29, inclusive (weighted average of $351.6709); $352.30-$353.225, inclusive (weighted average of $352.7695); $353.36-$354.31, inclusive (weighted average of $353.7458); $354.37-$355.285, inclusive (weighted average of $355.0008); $355.39-$356.365, inclusive (weighted average of $355.8493); and $356.41-$357.375, inclusive (weighted average of $356.8242), respectively.

F4 · price: The reporting person undertakes to provide to the issuer or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.

Read SEC document
August 05, 2025 Filed Aug 6, 2025 22:59 UTC SaleClass A Common Stock 1,891 $355.85 $672,911.03
Disclosure

SEC source: 0000950170-25-104360 · ownership.xml · nonDerivative · entry 11

GARCIA ERNEST C. II · CIK 0001017608 · 10% owner

ECG II SPE, LLC · CIK 0001754720 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 66,399

F2 · kind: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by Ernest C. Garcia II and Elizabeth Joanne Garcia on December 13, 2024.

F3 · price: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $346.28-$347.26, inclusive (weighted average of $346.8938); $347.28-$348.27, inclusive (weighted average of $347.8007); $348.285-$349.275, inclusive (weighted average of $348.7958); $349.29-$350.26, inclusive (weighted average of $349.5925); $350.29-$351.255, inclusive (weighted average of $350.6974); $351.30-$352.29, inclusive (weighted average of $351.6709); $352.30-$353.225, inclusive (weighted average of $352.7695); $353.36-$354.31, inclusive (weighted average of $353.7458); $354.37-$355.285, inclusive (weighted average of $355.0008); $355.39-$356.365, inclusive (weighted average of $355.8493); and $356.41-$357.375, inclusive (weighted average of $356.8242), respectively.

F4 · price: The reporting person undertakes to provide to the issuer or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.

Read SEC document
August 05, 2025 Filed Aug 6, 2025 22:59 UTC SaleClass A Common Stock 887 $355.00 $314,885.71
Disclosure

SEC source: 0000950170-25-104360 · ownership.xml · nonDerivative · entry 10

GARCIA ERNEST C. II · CIK 0001017608 · 10% owner

ECG II SPE, LLC · CIK 0001754720 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 68,290

F2 · kind: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by Ernest C. Garcia II and Elizabeth Joanne Garcia on December 13, 2024.

F3 · price: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $346.28-$347.26, inclusive (weighted average of $346.8938); $347.28-$348.27, inclusive (weighted average of $347.8007); $348.285-$349.275, inclusive (weighted average of $348.7958); $349.29-$350.26, inclusive (weighted average of $349.5925); $350.29-$351.255, inclusive (weighted average of $350.6974); $351.30-$352.29, inclusive (weighted average of $351.6709); $352.30-$353.225, inclusive (weighted average of $352.7695); $353.36-$354.31, inclusive (weighted average of $353.7458); $354.37-$355.285, inclusive (weighted average of $355.0008); $355.39-$356.365, inclusive (weighted average of $355.8493); and $356.41-$357.375, inclusive (weighted average of $356.8242), respectively.

F4 · price: The reporting person undertakes to provide to the issuer or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.

Read SEC document
August 05, 2025 Filed Aug 6, 2025 22:59 UTC SaleClass A Common Stock 1,358 $353.75 $480,386.80
Disclosure

SEC source: 0000950170-25-104360 · ownership.xml · nonDerivative · entry 9

GARCIA ERNEST C. II · CIK 0001017608 · 10% owner

ECG II SPE, LLC · CIK 0001754720 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 69,177

F2 · kind: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by Ernest C. Garcia II and Elizabeth Joanne Garcia on December 13, 2024.

F3 · price: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $346.28-$347.26, inclusive (weighted average of $346.8938); $347.28-$348.27, inclusive (weighted average of $347.8007); $348.285-$349.275, inclusive (weighted average of $348.7958); $349.29-$350.26, inclusive (weighted average of $349.5925); $350.29-$351.255, inclusive (weighted average of $350.6974); $351.30-$352.29, inclusive (weighted average of $351.6709); $352.30-$353.225, inclusive (weighted average of $352.7695); $353.36-$354.31, inclusive (weighted average of $353.7458); $354.37-$355.285, inclusive (weighted average of $355.0008); $355.39-$356.365, inclusive (weighted average of $355.8493); and $356.41-$357.375, inclusive (weighted average of $356.8242), respectively.

F4 · price: The reporting person undertakes to provide to the issuer or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.

Read SEC document
August 05, 2025 Filed Aug 6, 2025 22:59 UTC SaleClass A Common Stock 2,305 $352.77 $813,133.70
Disclosure

SEC source: 0000950170-25-104360 · ownership.xml · nonDerivative · entry 8

GARCIA ERNEST C. II · CIK 0001017608 · 10% owner

ECG II SPE, LLC · CIK 0001754720 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 70,535

F2 · kind: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by Ernest C. Garcia II and Elizabeth Joanne Garcia on December 13, 2024.

F3 · price: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $346.28-$347.26, inclusive (weighted average of $346.8938); $347.28-$348.27, inclusive (weighted average of $347.8007); $348.285-$349.275, inclusive (weighted average of $348.7958); $349.29-$350.26, inclusive (weighted average of $349.5925); $350.29-$351.255, inclusive (weighted average of $350.6974); $351.30-$352.29, inclusive (weighted average of $351.6709); $352.30-$353.225, inclusive (weighted average of $352.7695); $353.36-$354.31, inclusive (weighted average of $353.7458); $354.37-$355.285, inclusive (weighted average of $355.0008); $355.39-$356.365, inclusive (weighted average of $355.8493); and $356.41-$357.375, inclusive (weighted average of $356.8242), respectively.

F4 · price: The reporting person undertakes to provide to the issuer or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.

Read SEC document
August 05, 2025 Filed Aug 6, 2025 22:59 UTC SaleClass A Common Stock 3,734 $351.67 $1,313,139.14
Disclosure

SEC source: 0000950170-25-104360 · ownership.xml · nonDerivative · entry 7

GARCIA ERNEST C. II · CIK 0001017608 · 10% owner

ECG II SPE, LLC · CIK 0001754720 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 72,840

F2 · kind: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by Ernest C. Garcia II and Elizabeth Joanne Garcia on December 13, 2024.

F3 · price: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $346.28-$347.26, inclusive (weighted average of $346.8938); $347.28-$348.27, inclusive (weighted average of $347.8007); $348.285-$349.275, inclusive (weighted average of $348.7958); $349.29-$350.26, inclusive (weighted average of $349.5925); $350.29-$351.255, inclusive (weighted average of $350.6974); $351.30-$352.29, inclusive (weighted average of $351.6709); $352.30-$353.225, inclusive (weighted average of $352.7695); $353.36-$354.31, inclusive (weighted average of $353.7458); $354.37-$355.285, inclusive (weighted average of $355.0008); $355.39-$356.365, inclusive (weighted average of $355.8493); and $356.41-$357.375, inclusive (weighted average of $356.8242), respectively.

F4 · price: The reporting person undertakes to provide to the issuer or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.

Read SEC document
August 05, 2025 Filed Aug 6, 2025 22:59 UTC SaleClass A Common Stock 3,892 $350.70 $1,364,914.28
Disclosure

SEC source: 0000950170-25-104360 · ownership.xml · nonDerivative · entry 6

GARCIA ERNEST C. II · CIK 0001017608 · 10% owner

ECG II SPE, LLC · CIK 0001754720 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 76,574

F2 · kind: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by Ernest C. Garcia II and Elizabeth Joanne Garcia on December 13, 2024.

F3 · price: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $346.28-$347.26, inclusive (weighted average of $346.8938); $347.28-$348.27, inclusive (weighted average of $347.8007); $348.285-$349.275, inclusive (weighted average of $348.7958); $349.29-$350.26, inclusive (weighted average of $349.5925); $350.29-$351.255, inclusive (weighted average of $350.6974); $351.30-$352.29, inclusive (weighted average of $351.6709); $352.30-$353.225, inclusive (weighted average of $352.7695); $353.36-$354.31, inclusive (weighted average of $353.7458); $354.37-$355.285, inclusive (weighted average of $355.0008); $355.39-$356.365, inclusive (weighted average of $355.8493); and $356.41-$357.375, inclusive (weighted average of $356.8242), respectively.

F4 · price: The reporting person undertakes to provide to the issuer or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.

Read SEC document
August 05, 2025 Filed Aug 6, 2025 22:59 UTC SaleClass A Common Stock 4,975 $349.59 $1,739,222.69
Disclosure

SEC source: 0000950170-25-104360 · ownership.xml · nonDerivative · entry 5

GARCIA ERNEST C. II · CIK 0001017608 · 10% owner

ECG II SPE, LLC · CIK 0001754720 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 80,466

F2 · kind: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by Ernest C. Garcia II and Elizabeth Joanne Garcia on December 13, 2024.

F3 · price: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $346.28-$347.26, inclusive (weighted average of $346.8938); $347.28-$348.27, inclusive (weighted average of $347.8007); $348.285-$349.275, inclusive (weighted average of $348.7958); $349.29-$350.26, inclusive (weighted average of $349.5925); $350.29-$351.255, inclusive (weighted average of $350.6974); $351.30-$352.29, inclusive (weighted average of $351.6709); $352.30-$353.225, inclusive (weighted average of $352.7695); $353.36-$354.31, inclusive (weighted average of $353.7458); $354.37-$355.285, inclusive (weighted average of $355.0008); $355.39-$356.365, inclusive (weighted average of $355.8493); and $356.41-$357.375, inclusive (weighted average of $356.8242), respectively.

F4 · price: The reporting person undertakes to provide to the issuer or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.

Read SEC document
August 05, 2025 Filed Aug 6, 2025 22:59 UTC SaleClass A Common Stock 8,004 $348.80 $2,791,761.58
Disclosure

SEC source: 0000950170-25-104360 · ownership.xml · nonDerivative · entry 4

GARCIA ERNEST C. II · CIK 0001017608 · 10% owner

ECG II SPE, LLC · CIK 0001754720 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 85,441

F2 · kind: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by Ernest C. Garcia II and Elizabeth Joanne Garcia on December 13, 2024.

F3 · price: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $346.28-$347.26, inclusive (weighted average of $346.8938); $347.28-$348.27, inclusive (weighted average of $347.8007); $348.285-$349.275, inclusive (weighted average of $348.7958); $349.29-$350.26, inclusive (weighted average of $349.5925); $350.29-$351.255, inclusive (weighted average of $350.6974); $351.30-$352.29, inclusive (weighted average of $351.6709); $352.30-$353.225, inclusive (weighted average of $352.7695); $353.36-$354.31, inclusive (weighted average of $353.7458); $354.37-$355.285, inclusive (weighted average of $355.0008); $355.39-$356.365, inclusive (weighted average of $355.8493); and $356.41-$357.375, inclusive (weighted average of $356.8242), respectively.

F4 · price: The reporting person undertakes to provide to the issuer or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.

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August 05, 2025 Filed Aug 6, 2025 22:59 UTC SaleClass A Common Stock 3,143 $347.80 $1,093,137.60
Disclosure

SEC source: 0000950170-25-104360 · ownership.xml · nonDerivative · entry 3

GARCIA ERNEST C. II · CIK 0001017608 · 10% owner

ECG II SPE, LLC · CIK 0001754720 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 93,445

F2 · kind: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by Ernest C. Garcia II and Elizabeth Joanne Garcia on December 13, 2024.

F3 · price: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $346.28-$347.26, inclusive (weighted average of $346.8938); $347.28-$348.27, inclusive (weighted average of $347.8007); $348.285-$349.275, inclusive (weighted average of $348.7958); $349.29-$350.26, inclusive (weighted average of $349.5925); $350.29-$351.255, inclusive (weighted average of $350.6974); $351.30-$352.29, inclusive (weighted average of $351.6709); $352.30-$353.225, inclusive (weighted average of $352.7695); $353.36-$354.31, inclusive (weighted average of $353.7458); $354.37-$355.285, inclusive (weighted average of $355.0008); $355.39-$356.365, inclusive (weighted average of $355.8493); and $356.41-$357.375, inclusive (weighted average of $356.8242), respectively.

F4 · price: The reporting person undertakes to provide to the issuer or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.

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August 05, 2025 Filed Aug 6, 2025 22:59 UTC SaleClass A Common Stock 3,412 $346.89 $1,183,601.65
Disclosure

SEC source: 0000950170-25-104360 · ownership.xml · nonDerivative · entry 2

GARCIA ERNEST C. II · CIK 0001017608 · 10% owner

ECG II SPE, LLC · CIK 0001754720 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 96,588

F2 · kind: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by Ernest C. Garcia II and Elizabeth Joanne Garcia on December 13, 2024.

F3 · price: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $346.28-$347.26, inclusive (weighted average of $346.8938); $347.28-$348.27, inclusive (weighted average of $347.8007); $348.285-$349.275, inclusive (weighted average of $348.7958); $349.29-$350.26, inclusive (weighted average of $349.5925); $350.29-$351.255, inclusive (weighted average of $350.6974); $351.30-$352.29, inclusive (weighted average of $351.6709); $352.30-$353.225, inclusive (weighted average of $352.7695); $353.36-$354.31, inclusive (weighted average of $353.7458); $354.37-$355.285, inclusive (weighted average of $355.0008); $355.39-$356.365, inclusive (weighted average of $355.8493); and $356.41-$357.375, inclusive (weighted average of $356.8242), respectively.

F4 · price: The reporting person undertakes to provide to the issuer or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.

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August 05, 2025 Filed Aug 6, 2025 22:59 UTC ConversionClass A Common Stock 100,000 Not disclosed Not disclosed
Disclosure

SEC source: 0000950170-25-104360 · ownership.xml · nonDerivative · entry 1

GARCIA ERNEST C. II · CIK 0001017608 · 10% owner

ECG II SPE, LLC · CIK 0001754720 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 100,000

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Reflects the conversion of Class A Common Units ("Class A Units") of Carvana Group, LLC ("Carvana Group") owned directly by Ernest C. Garcia II into shares of Class A Common Stock ("Class A Shares") of the Issuer pursuant to the Exchange Agreement, dated April 27, 2017, by and among the Issuer, Carvana Co. Sub LLC, Carvana Group and the members of Carvana Group (the "Exchange Agreement").

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August 05, 2025 Filed Aug 7, 2025 21:40 UTC
GARCIA ERNEST C. IIIDirector · Chief Executive Officer · 10% owner
SaleClass A Common Stock 93 $368.44 $34,264.92
Disclosure

SEC source: 0001700548-25-000012 · wk-form4_1754602797.xml · nonDerivative · entry 12

GARCIA ERNEST C. III · CIK 0001700548 · Director · Chief Executive Officer · 10% owner

10b5-1 filing: Plan reported

Ownership: Indirect · Ernest C. Garcia III Multi-Generational Trust III

Disclosed balance after: 676,440

F1 · shares: The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 13, 2024.

F13 · price: This transaction was executed in multiple trades at prices ranging from $368.14 to $368.74 inclusive. 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 · ownership.nature: These shares of Class A Common Stock are held directly by the Ernest C. Garcia III Multi-Generational Trust III (the "Multi-Generational Trust"). The Reporting Person is the Investment Trustee and Co-Administrative Trustee of the Multi-Generational Trust.

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August 05, 2025 Filed Aug 7, 2025 21:40 UTC
GARCIA ERNEST C. IIIDirector · Chief Executive Officer · 10% owner
SaleClass A Common Stock 92 $368.07 $33,862.44
Disclosure

SEC source: 0001700548-25-000012 · wk-form4_1754602797.xml · nonDerivative · entry 11

GARCIA ERNEST C. III · CIK 0001700548 · Director · Chief Executive Officer · 10% owner

10b5-1 filing: Plan reported

Ownership: Indirect · Ernest Irrevocable 2004 Trust III

Disclosed balance after: 576,440

F1 · shares: The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 13, 2024.

F12 · price: This transaction was executed in multiple trades at prices ranging from $367.87 to $368.14 inclusive. 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.

F3 · ownership.nature: These shares of Class A Common Stock are held directly by the Ernest Irrevocable 2004 Trust III (the "Irrevocable Trust"). The Reporting Person is the Investment Trustee and Co-Administrative Trustee of the Irrevocable Trust.

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August 05, 2025 Filed Aug 7, 2025 21:40 UTC
GARCIA ERNEST C. IIIDirector · Chief Executive Officer · 10% owner
SaleClass A Common Stock 437 $366.87 $160,322.19
Disclosure

SEC source: 0001700548-25-000012 · wk-form4_1754602797.xml · nonDerivative · entry 10

GARCIA ERNEST C. III · CIK 0001700548 · Director · Chief Executive Officer · 10% owner

10b5-1 filing: Plan reported

Ownership: Indirect · Ernest C. Garcia III Multi-Generational Trust III

Disclosed balance after: 676,533

F1 · shares: The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 13, 2024.

F11 · price: This transaction was executed in multiple trades at prices ranging from $366.60 to $367.19, inclusive. 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 · ownership.nature: These shares of Class A Common Stock are held directly by the Ernest C. Garcia III Multi-Generational Trust III (the "Multi-Generational Trust"). The Reporting Person is the Investment Trustee and Co-Administrative Trustee of the Multi-Generational Trust.

Read SEC document
August 05, 2025 Filed Aug 7, 2025 21:40 UTC
GARCIA ERNEST C. IIIDirector · Chief Executive Officer · 10% owner
SaleClass A Common Stock 438 $366.34 $160,456.92
Disclosure

SEC source: 0001700548-25-000012 · wk-form4_1754602797.xml · nonDerivative · entry 9

GARCIA ERNEST C. III · CIK 0001700548 · Director · Chief Executive Officer · 10% owner

10b5-1 filing: Plan reported

Ownership: Indirect · Ernest Irrevocable 2004 Trust III

Disclosed balance after: 576,532

F1 · shares: The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 13, 2024.

F10 · price: This transaction was executed in multiple trades at prices ranging from $366.20 to $366.60 inclusive. 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.

F3 · ownership.nature: These shares of Class A Common Stock are held directly by the Ernest Irrevocable 2004 Trust III (the "Irrevocable Trust"). The Reporting Person is the Investment Trustee and Co-Administrative Trustee of the Irrevocable Trust.

Read SEC document
August 05, 2025 Filed Aug 7, 2025 21:40 UTC
GARCIA ERNEST C. IIIDirector · Chief Executive Officer · 10% owner
SaleClass A Common Stock 341 $365.87 $124,761.67
Disclosure

SEC source: 0001700548-25-000012 · wk-form4_1754602797.xml · nonDerivative · entry 8

GARCIA ERNEST C. III · CIK 0001700548 · Director · Chief Executive Officer · 10% owner

10b5-1 filing: Plan reported

Ownership: Indirect · Ernest C. Garcia III Multi-Generational Trust III

Disclosed balance after: 676,970

F1 · shares: The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 13, 2024.

F9 · price: This transaction was executed in multiple trades at prices ranging from $365.10 to $365.99 inclusive. 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 · ownership.nature: These shares of Class A Common Stock are held directly by the Ernest C. Garcia III Multi-Generational Trust III (the "Multi-Generational Trust"). The Reporting Person is the Investment Trustee and Co-Administrative Trustee of the Multi-Generational Trust.

Read SEC document
August 05, 2025 Filed Aug 7, 2025 21:40 UTC
GARCIA ERNEST C. IIIDirector · Chief Executive Officer · 10% owner
SaleClass A Common Stock 341 $365.87 $124,761.67
Disclosure

SEC source: 0001700548-25-000012 · wk-form4_1754602797.xml · nonDerivative · entry 7

GARCIA ERNEST C. III · CIK 0001700548 · Director · Chief Executive Officer · 10% owner

10b5-1 filing: Plan reported

Ownership: Indirect · Ernest Irrevocable 2004 Trust III

Disclosed balance after: 576,970

F1 · shares: The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 13, 2024.

F9 · price: This transaction was executed in multiple trades at prices ranging from $365.10 to $365.99 inclusive. 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.

F3 · ownership.nature: These shares of Class A Common Stock are held directly by the Ernest Irrevocable 2004 Trust III (the "Irrevocable Trust"). The Reporting Person is the Investment Trustee and Co-Administrative Trustee of the Irrevocable Trust.

Read SEC document
August 05, 2025 Filed Aug 7, 2025 21:40 UTC
GARCIA ERNEST C. IIIDirector · Chief Executive Officer · 10% owner
SaleClass A Common Stock 350 $363.24 $127,134.00
Disclosure

SEC source: 0001700548-25-000012 · wk-form4_1754602797.xml · nonDerivative · entry 6

GARCIA ERNEST C. III · CIK 0001700548 · Director · Chief Executive Officer · 10% owner

10b5-1 filing: Plan reported

Ownership: Indirect · Ernest C. Garcia III Multi-Generational Trust III

Disclosed balance after: 677,311

F1 · shares: The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 13, 2024.

F8 · price: This transaction was executed in multiple trades at prices ranging from $364.37 to $365.00, inclusive. 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 · ownership.nature: These shares of Class A Common Stock are held directly by the Ernest C. Garcia III Multi-Generational Trust III (the "Multi-Generational Trust"). The Reporting Person is the Investment Trustee and Co-Administrative Trustee of the Multi-Generational Trust.

Read SEC document
August 05, 2025 Filed Aug 7, 2025 21:40 UTC
GARCIA ERNEST C. IIIDirector · Chief Executive Officer · 10% owner
SaleClass A Common Stock 349 $364.28 $127,133.72
Disclosure

SEC source: 0001700548-25-000012 · wk-form4_1754602797.xml · nonDerivative · entry 5

GARCIA ERNEST C. III · CIK 0001700548 · Director · Chief Executive Officer · 10% owner

10b5-1 filing: Plan reported

Ownership: Indirect · Ernest Irrevocable 2004 Trust III

Disclosed balance after: 577,311

F1 · shares: The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 13, 2024.

F7 · price: This transaction was executed in multiple trades at prices ranging from $364.06 to $364.37, inclusive. 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.

F3 · ownership.nature: These shares of Class A Common Stock are held directly by the Ernest Irrevocable 2004 Trust III (the "Irrevocable Trust"). The Reporting Person is the Investment Trustee and Co-Administrative Trustee of the Irrevocable Trust.

Read SEC document
August 05, 2025 Filed Aug 7, 2025 21:40 UTC
GARCIA ERNEST C. IIIDirector · Chief Executive Officer · 10% owner
SaleClass A Common Stock 227 $363.80 $82,582.60
Disclosure

SEC source: 0001700548-25-000012 · wk-form4_1754602797.xml · nonDerivative · entry 4

GARCIA ERNEST C. III · CIK 0001700548 · Director · Chief Executive Officer · 10% owner

10b5-1 filing: Plan reported

Ownership: Indirect · Ernest C. Garcia III Multi-Generational Trust III

Disclosed balance after: 677,661

F1 · shares: The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 13, 2024.

F6 · price: This transaction was executed in multiple trades at prices ranging from $363.63 to $364.02 inclusive. 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 · ownership.nature: These shares of Class A Common Stock are held directly by the Ernest C. Garcia III Multi-Generational Trust III (the "Multi-Generational Trust"). The Reporting Person is the Investment Trustee and Co-Administrative Trustee of the Multi-Generational Trust.

Read SEC document
August 05, 2025 Filed Aug 7, 2025 21:40 UTC
GARCIA ERNEST C. IIIDirector · Chief Executive Officer · 10% owner
SaleClass A Common Stock 228 $363.27 $82,825.56
Disclosure

SEC source: 0001700548-25-000012 · wk-form4_1754602797.xml · nonDerivative · entry 3

GARCIA ERNEST C. III · CIK 0001700548 · Director · Chief Executive Officer · 10% owner

10b5-1 filing: Plan reported

Ownership: Indirect · Ernest Irrevocable 2004 Trust III

Disclosed balance after: 577,660

F1 · shares: The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 13, 2024.

F5 · price: This transaction was executed in multiple trades at prices ranging from $363.04 to $363.63 inclusive. 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.

F3 · ownership.nature: These shares of Class A Common Stock are held directly by the Ernest Irrevocable 2004 Trust III (the "Irrevocable Trust"). The Reporting Person is the Investment Trustee and Co-Administrative Trustee of the Irrevocable Trust.

Read SEC document
August 05, 2025 Filed Aug 7, 2025 21:40 UTC
GARCIA ERNEST C. IIIDirector · Chief Executive Officer · 10% owner
SaleClass A Common Stock 12 $362.14 $4,345.68
Disclosure

SEC source: 0001700548-25-000012 · wk-form4_1754602797.xml · nonDerivative · entry 2

GARCIA ERNEST C. III · CIK 0001700548 · Director · Chief Executive Officer · 10% owner

10b5-1 filing: Plan reported

Ownership: Indirect · Ernest C. Garcia III Multi-Generational Trust III

Disclosed balance after: 677,888

F1 · shares: The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 13, 2024.

F2 · price: This transaction was executed in multiple trades at prices ranging from $361.92 to $362.15 inclusive. 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 · ownership.nature: These shares of Class A Common Stock are held directly by the Ernest C. Garcia III Multi-Generational Trust III (the "Multi-Generational Trust"). The Reporting Person is the Investment Trustee and Co-Administrative Trustee of the Multi-Generational Trust.

Read SEC document
August 05, 2025 Filed Aug 7, 2025 21:40 UTC
GARCIA ERNEST C. IIIDirector · Chief Executive Officer · 10% owner
SaleClass A Common Stock 12 $362.14 $4,345.68
Disclosure

SEC source: 0001700548-25-000012 · wk-form4_1754602797.xml · nonDerivative · entry 1

GARCIA ERNEST C. III · CIK 0001700548 · Director · Chief Executive Officer · 10% owner

10b5-1 filing: Plan reported

Ownership: Indirect · Ernest Irrevocable 2004 Trust III

Disclosed balance after: 577,888

F1 · shares: The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 13, 2024.

F2 · price: This transaction was executed in multiple trades at prices ranging from $361.92 to $362.15 inclusive. 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.

F3 · ownership.nature: These shares of Class A Common Stock are held directly by the Ernest Irrevocable 2004 Trust III (the "Irrevocable Trust"). The Reporting Person is the Investment Trustee and Co-Administrative Trustee of the Irrevocable Trust.

Read SEC document
August 05, 2025 Filed Aug 7, 2025 21:38 UTC
GARCIA ERNEST C. IIIDirector · Chief Executive Officer · 10% owner
SaleClass A Common Stock 40 $361.05 $14,442.00
Disclosure

SEC source: 0001700548-25-000010 · wk-form4_1754602679.xml · nonDerivative · entry 28

GARCIA ERNEST C. III · CIK 0001700548 · Director · Chief Executive Officer · 10% owner

10b5-1 filing: Plan reported

Ownership: Indirect · Ernest C. Garcia III Multi-Generational Trust III

Disclosed balance after: 677,900

F1 · shares: The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 13, 2024.

F23 · price: This transaction was executed in multiple trades at prices ranging from $360.68 to $361.61 inclusive. 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 · ownership.nature: These shares of Class A Common Stock are held directly by the Ernest C. Garcia III Multi-Generational Trust III (the "Multi-Generational Trust"). The Reporting Person is the Investment Trustee and Co-Administrative Trustee of the Multi-Generational Trust.

Read SEC document
August 05, 2025 Filed Aug 7, 2025 21:38 UTC
GARCIA ERNEST C. IIIDirector · Chief Executive Officer · 10% owner
SaleClass A Common Stock 40 $361.05 $14,442.00
Disclosure

SEC source: 0001700548-25-000010 · wk-form4_1754602679.xml · nonDerivative · entry 27

GARCIA ERNEST C. III · CIK 0001700548 · Director · Chief Executive Officer · 10% owner

10b5-1 filing: Plan reported

Ownership: Indirect · Ernest Irrevocable 2004 Trust III

Disclosed balance after: 577,900

F1 · shares: The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 13, 2024.

F23 · price: This transaction was executed in multiple trades at prices ranging from $360.68 to $361.61 inclusive. 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.

F3 · ownership.nature: These shares of Class A Common Stock are held directly by the Ernest Irrevocable 2004 Trust III (the "Irrevocable Trust"). The Reporting Person is the Investment Trustee and Co-Administrative Trustee of the Irrevocable Trust.

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Value uses the disclosed total when available, otherwise shares × reported transaction price. It is not an estimate of exercise cash cost or investment performance.