CVNA

SEC source: 0000950170-25-102259 · 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").

SEC source: 0001690820-25-000336 · wk-form4_1754342282.xml · derivative · entry 13

GILL DANIEL J. · CIK 0001700538 · Chief Product Officer

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 7,579

Underlying: Class A Common Stock · 8,321 shares

Expires 2031-02-17

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 · kind: The reported option exercises and sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 13, 2024 (the "10b5-1 Plan").

F9 · derivative.exercise_date: 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, 2022 and monthly thereafter for the following three years, subject to the Reporting Person's continued service with the Issuer.

SEC source: 0001690820-25-000336 · wk-form4_1754342282.xml · derivative · entry 12

GILL DANIEL J. · CIK 0001700538 · Chief Product Officer

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 11,766

Underlying: Class A Common Stock · 31,679 shares

Expires 2032-02-21

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 · kind: The reported option exercises and sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 13, 2024 (the "10b5-1 Plan").

F8 · derivative.exercise_date: 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, 2023 and monthly thereafter for the following three years, subject to the Reporting Person's continued service with the Issuer.

SEC source: 0001690820-25-000336 · wk-form4_1754342282.xml · derivative · entry 11

GILL DANIEL J. · CIK 0001700538 · Chief Product Officer

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 0

Underlying: Class A Common Stock · 24,942 shares

Expires 2030-02-14

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 · kind: The reported option exercises and sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 13, 2024 (the "10b5-1 Plan").

F7 · derivative.exercise_date: 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, 2021 and monthly thereafter for the following three years, subject to the Reporting Person's continued service with the Issuer.

SEC source: 0001690820-25-000336 · wk-form4_1754342282.xml · derivative · entry 10

GILL DANIEL J. · CIK 0001700538 · Chief Product Officer

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 235,728

Underlying: Class A Common Stock · 15,058 shares

Expires 2033-02-22

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 · kind: The reported option exercises and sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 13, 2024 (the "10b5-1 Plan").

F6 · derivative.exercise_date: 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.

SEC source: 0001690820-25-000336 · wk-form4_1754342282.xml · nonDerivative · entry 8

GILL DANIEL J. · CIK 0001700538 · Chief Product Officer

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 197,832

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

F4 · price: This transaction was executed in multiple trades at prices ranging from $399.99 to $400.00, 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.

SEC source: 0001690820-25-000336 · wk-form4_1754342282.xml · nonDerivative · entry 7

GILL DANIEL J. · CIK 0001700538 · Chief Product Officer

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 254,908

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

F3 · price: This transaction was executed in multiple trades at prices ranging from $398.88 to $399.52, 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.

SEC source: 0001690820-25-000336 · wk-form4_1754342282.xml · nonDerivative · entry 6

GILL DANIEL J. · CIK 0001700538 · Chief Product Officer

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 264,362

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

F2 · price: This transaction was executed in multiple trades at prices ranging from $397.68 to $398.64, 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.

SEC source: 0001690820-25-000336 · wk-form4_1754342282.xml · nonDerivative · entry 5

GILL DANIEL J. · CIK 0001700538 · Chief Product Officer

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 265,262

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

SEC source: 0001690820-25-000336 · wk-form4_1754342282.xml · nonDerivative · entry 4

GILL DANIEL J. · CIK 0001700538 · Chief Product Officer

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 277,832

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 · shares: The reported option exercises and sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 13, 2024 (the "10b5-1 Plan").

SEC source: 0001690820-25-000336 · wk-form4_1754342282.xml · nonDerivative · entry 3

GILL DANIEL J. · CIK 0001700538 · Chief Product Officer

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 269,511

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 · shares: The reported option exercises and sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 13, 2024 (the "10b5-1 Plan").

SEC source: 0001690820-25-000336 · wk-form4_1754342282.xml · nonDerivative · entry 2

GILL DANIEL J. · CIK 0001700538 · Chief Product Officer

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 237,832

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 · shares: The reported option exercises and sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 13, 2024 (the "10b5-1 Plan").

SEC source: 0001690820-25-000336 · wk-form4_1754342282.xml · nonDerivative · entry 1

GILL DANIEL J. · CIK 0001700538 · Chief Product Officer

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 212,890

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 · shares: The reported option exercises and sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 13, 2024 (the "10b5-1 Plan").

SEC source: 0001690820-25-000334 · wk-form4_1754342210.xml · derivative · entry 24

JENKINS MARK W. · CIK 0001700540 · Chief Financial Officer

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 0

Underlying: Class A Common Stock · 17,687 shares

Expires 2031-02-14

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 · kind: The reported unit conversions, option exercises, and sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 5, 2024.

F19 · derivative.exercise_date: 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, 2022 and monthly thereafter for the following three years, subject to the Reporting Person's continued service with the Issuer.

SEC source: 0001690820-25-000334 · wk-form4_1754342210.xml · nonDerivative · entry 5

JENKINS MARK W. · CIK 0001700540 · Chief Financial Officer

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 191,020

F1 · kind: The reported unit conversions, option exercises, and sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 5, 2024.

SEC source: 0001690820-25-000334 · wk-form4_1754342210.xml · nonDerivative · entry 4

JENKINS MARK W. · CIK 0001700540 · Chief Financial Officer

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 198,164

F1 · kind: The reported unit conversions, option exercises, and sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 5, 2024.

F2 · price: This transaction was executed in multiple trades at prices ranging from $399.00 to $399.43, 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.

SEC source: 0001690820-25-000334 · wk-form4_1754342210.xml · nonDerivative · entry 3

JENKINS MARK W. · CIK 0001700540 · Chief Financial Officer

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 198,464

F1 · kind: The reported unit conversions, option exercises, and sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 5, 2024.

SEC source: 0001690820-25-000334 · wk-form4_1754342210.xml · nonDerivative · entry 2

JENKINS MARK W. · CIK 0001700540 · Chief Financial Officer

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 216,151

F1 · kind: The reported unit conversions, option exercises, and sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 5, 2024.

SEC source: 0001690820-25-000334 · wk-form4_1754342210.xml · nonDerivative · entry 1

JENKINS MARK W. · CIK 0001700540 · Chief Financial Officer

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 228,707

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 · kind: The reported unit conversions, option exercises, and sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 5, 2024.

F1 · shares: The reported unit conversions, option exercises, and sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 5, 2024.

SEC source: 0001690820-25-000338 · wk-form4_1754342387.xml · derivative · entry 19

HUSTON BENJAMIN E. · CIK 0001700537 · Chief Operating Officer

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 438,513

Underlying: Class A Common Stock · 40,000 shares

Expires 2033-02-22

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 · kind: The reported option exercises and sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 13, 2024 (the "10b5-1 Plan").

F16 · derivative.exercise_date: 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.

SEC source: 0001690820-25-000338 · wk-form4_1754342387.xml · nonDerivative · entry 4

HUSTON BENJAMIN E. · CIK 0001700537 · Chief Operating Officer

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 126,855

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

SEC source: 0001690820-25-000338 · wk-form4_1754342387.xml · nonDerivative · entry 3

HUSTON BENJAMIN E. · CIK 0001700537 · Chief Operating Officer

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 153,337

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

F2 · price: This transaction was executed in multiple trades at prices ranging from $398.88 to $399.44, 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.

SEC source: 0001690820-25-000338 · wk-form4_1754342387.xml · nonDerivative · entry 2

HUSTON BENJAMIN E. · CIK 0001700537 · Chief Operating Officer

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 153,837

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

SEC source: 0001690820-25-000338 · wk-form4_1754342387.xml · nonDerivative · entry 1

HUSTON BENJAMIN E. · CIK 0001700537 · Chief Operating Officer

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 166,855

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 · shares: The reported option exercises and sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 13, 2024 (the "10b5-1 Plan").

SEC source: 0000950170-25-101031 · ownership.xml · derivative · entry 28

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: 44,178,489

Underlying: Class A Common Stock · 50,000 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").

SEC source: 0000950170-25-101031 · ownership.xml · nonDerivative · 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: 35,342,792

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.

SEC source: 0000950170-25-101031 · 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: 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 $328.76-$329.71, inclusive (weighted average of $329.3204); $330.00-$330.99, inclusive (weighted average of $330.5014); $331.00-$331.97, inclusive (weighted average of $331.4504); $332.00-$332.89, inclusive (weighted average of $332.3918); $333.00-$333.91, inclusive (weighted average of $333.3148); $334.02-$334.99, inclusive (weighted average of $334.6124); $335.105-$336.10, inclusive (weighted average of $335.4864); $336.1075-$337.04, inclusive (weighted average of $336.3562); and $337.18-$337.98, inclusive (weighted average of $337.6118), 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.

SEC source: 0000950170-25-101031 · 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: 726

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 $328.76-$329.71, inclusive (weighted average of $329.3204); $330.00-$330.99, inclusive (weighted average of $330.5014); $331.00-$331.97, inclusive (weighted average of $331.4504); $332.00-$332.89, inclusive (weighted average of $332.3918); $333.00-$333.91, inclusive (weighted average of $333.3148); $334.02-$334.99, inclusive (weighted average of $334.6124); $335.105-$336.10, inclusive (weighted average of $335.4864); $336.1075-$337.04, inclusive (weighted average of $336.3562); and $337.18-$337.98, inclusive (weighted average of $337.6118), 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.

SEC source: 0000950170-25-101031 · 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: 2,723

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 $328.76-$329.71, inclusive (weighted average of $329.3204); $330.00-$330.99, inclusive (weighted average of $330.5014); $331.00-$331.97, inclusive (weighted average of $331.4504); $332.00-$332.89, inclusive (weighted average of $332.3918); $333.00-$333.91, inclusive (weighted average of $333.3148); $334.02-$334.99, inclusive (weighted average of $334.6124); $335.105-$336.10, inclusive (weighted average of $335.4864); $336.1075-$337.04, inclusive (weighted average of $336.3562); and $337.18-$337.98, inclusive (weighted average of $337.6118), 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.

SEC source: 0000950170-25-101031 · 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: 7,035

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 $328.76-$329.71, inclusive (weighted average of $329.3204); $330.00-$330.99, inclusive (weighted average of $330.5014); $331.00-$331.97, inclusive (weighted average of $331.4504); $332.00-$332.89, inclusive (weighted average of $332.3918); $333.00-$333.91, inclusive (weighted average of $333.3148); $334.02-$334.99, inclusive (weighted average of $334.6124); $335.105-$336.10, inclusive (weighted average of $335.4864); $336.1075-$337.04, inclusive (weighted average of $336.3562); and $337.18-$337.98, inclusive (weighted average of $337.6118), 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.

SEC source: 0000950170-25-101031 · 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: 12,039

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 $328.76-$329.71, inclusive (weighted average of $329.3204); $330.00-$330.99, inclusive (weighted average of $330.5014); $331.00-$331.97, inclusive (weighted average of $331.4504); $332.00-$332.89, inclusive (weighted average of $332.3918); $333.00-$333.91, inclusive (weighted average of $333.3148); $334.02-$334.99, inclusive (weighted average of $334.6124); $335.105-$336.10, inclusive (weighted average of $335.4864); $336.1075-$337.04, inclusive (weighted average of $336.3562); and $337.18-$337.98, inclusive (weighted average of $337.6118), 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.

SEC source: 0000950170-25-101031 · 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: 18,141

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 $328.76-$329.71, inclusive (weighted average of $329.3204); $330.00-$330.99, inclusive (weighted average of $330.5014); $331.00-$331.97, inclusive (weighted average of $331.4504); $332.00-$332.89, inclusive (weighted average of $332.3918); $333.00-$333.91, inclusive (weighted average of $333.3148); $334.02-$334.99, inclusive (weighted average of $334.6124); $335.105-$336.10, inclusive (weighted average of $335.4864); $336.1075-$337.04, inclusive (weighted average of $336.3562); and $337.18-$337.98, inclusive (weighted average of $337.6118), 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.

SEC source: 0000950170-25-101031 · 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: 22,468

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 $328.76-$329.71, inclusive (weighted average of $329.3204); $330.00-$330.99, inclusive (weighted average of $330.5014); $331.00-$331.97, inclusive (weighted average of $331.4504); $332.00-$332.89, inclusive (weighted average of $332.3918); $333.00-$333.91, inclusive (weighted average of $333.3148); $334.02-$334.99, inclusive (weighted average of $334.6124); $335.105-$336.10, inclusive (weighted average of $335.4864); $336.1075-$337.04, inclusive (weighted average of $336.3562); and $337.18-$337.98, inclusive (weighted average of $337.6118), 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.

SEC source: 0000950170-25-101031 · 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: 32,789

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 $328.76-$329.71, inclusive (weighted average of $329.3204); $330.00-$330.99, inclusive (weighted average of $330.5014); $331.00-$331.97, inclusive (weighted average of $331.4504); $332.00-$332.89, inclusive (weighted average of $332.3918); $333.00-$333.91, inclusive (weighted average of $333.3148); $334.02-$334.99, inclusive (weighted average of $334.6124); $335.105-$336.10, inclusive (weighted average of $335.4864); $336.1075-$337.04, inclusive (weighted average of $336.3562); and $337.18-$337.98, inclusive (weighted average of $337.6118), 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.

SEC source: 0000950170-25-101031 · 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: 42,877

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 $328.76-$329.71, inclusive (weighted average of $329.3204); $330.00-$330.99, inclusive (weighted average of $330.5014); $331.00-$331.97, inclusive (weighted average of $331.4504); $332.00-$332.89, inclusive (weighted average of $332.3918); $333.00-$333.91, inclusive (weighted average of $333.3148); $334.02-$334.99, inclusive (weighted average of $334.6124); $335.105-$336.10, inclusive (weighted average of $335.4864); $336.1075-$337.04, inclusive (weighted average of $336.3562); and $337.18-$337.98, inclusive (weighted average of $337.6118), 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.

SEC source: 0000950170-25-101031 · 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: 50,000

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").

SEC source: 0001690820-25-000320 · wk-form4_1754080704.xml · nonDerivative · entry 24

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: 696,440

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

F21 · price: This transaction was executed in multiple trades at prices ranging from $340.28 to $340.65 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.

SEC source: 0001690820-25-000320 · wk-form4_1754080704.xml · nonDerivative · entry 23

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: 596,440

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

F21 · price: This transaction was executed in multiple trades at prices ranging from $340.28 to $340.65 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.

SEC source: 0001690820-25-000320 · wk-form4_1754080704.xml · nonDerivative · entry 22

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: 696,501

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

F20 · price: This transaction was executed in multiple trades at prices ranging from $339.20 to $340.20 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.

SEC source: 0001690820-25-000320 · wk-form4_1754080704.xml · nonDerivative · entry 21

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: 596,501

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

F20 · price: This transaction was executed in multiple trades at prices ranging from $339.20 to $340.20 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.

SEC source: 0001690820-25-000320 · wk-form4_1754080704.xml · nonDerivative · entry 20

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: 696,711

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

F19 · price: This transaction was executed in multiple trades at prices ranging from $338.19 to $339.07 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.

SEC source: 0001690820-25-000320 · wk-form4_1754080704.xml · nonDerivative · entry 19

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: 596,711

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

F19 · price: This transaction was executed in multiple trades at prices ranging from $338.19 to $339.07 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.

SEC source: 0001690820-25-000320 · wk-form4_1754080704.xml · nonDerivative · entry 18

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: 696,929

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

F18 · price: This transaction was executed in multiple trades at prices ranging from $337.44 to $337.96 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.

SEC source: 0001690820-25-000320 · wk-form4_1754080704.xml · nonDerivative · entry 17

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: 596,929

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

F17 · price: This transaction was executed in multiple trades at prices ranging from $337.05 to $337.44 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.

SEC source: 0001690820-25-000320 · wk-form4_1754080704.xml · nonDerivative · entry 16

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: 697,483

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

F16 · price: This transaction was executed in multiple trades at prices ranging from $336.60 to $337.02 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.

SEC source: 0001690820-25-000320 · wk-form4_1754080704.xml · nonDerivative · entry 15

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: 597,482

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

F15 · price: This transaction was executed in multiple trades at prices ranging from $336.02 to $336.60 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.

SEC source: 0001690820-25-000320 · wk-form4_1754080704.xml · nonDerivative · entry 14

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: 698,344

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

F14 · price: This transaction was executed in multiple trades at prices ranging from $335.41 to $336.00 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.

SEC source: 0001690820-25-000320 · wk-form4_1754080704.xml · nonDerivative · entry 13

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: 598,344

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 $335.00 to $335.41 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.

SEC source: 0001690820-25-000320 · wk-form4_1754080704.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: 699,065

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 $334.64 to $334.99, 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.

SEC source: 0001690820-25-000320 · wk-form4_1754080704.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: 599,064

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 $333.99 to $334.64, 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.