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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
July 09, 2025 Filed Jul 10, 2025 22:10 UTC
GARCIA ERNEST C. IIIDirector · Chief Executive Officer · 10% owner
SaleClass A Common Stock 935 $345.52 $323,061.20
Disclosure

SEC source: 0001690820-25-000273 · wk-form4_1752185444.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: 675,289

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 $344.98 to $345.98 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.

F2 · 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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July 09, 2025 Filed Jul 10, 2025 22:10 UTC
GARCIA ERNEST C. IIIDirector · Chief Executive Officer · 10% owner
SaleClass A Common Stock 216 $344.31 $74,370.96
Disclosure

SEC source: 0001690820-25-000273 · wk-form4_1752185444.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: 776,224

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

F4 · price: This transaction was executed in multiple trades at prices ranging from $343.95 to $344.83 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 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
July 09, 2025 Filed Jul 10, 2025 22:10 UTC
GARCIA ERNEST C. IIIDirector · Chief Executive Officer · 10% owner
SaleClass A Common Stock 216 $344.31 $74,370.96
Disclosure

SEC source: 0001690820-25-000273 · wk-form4_1752185444.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: 676,224

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

F4 · price: This transaction was executed in multiple trades at prices ranging from $343.95 to $344.83 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.

F2 · 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
July 09, 2025 Filed Jul 10, 2025 22:01 UTC
GARCIA ERNEST C. IIIDirector · Chief Executive Officer · 10% owner
SaleClass A Common Stock 124 $359.73 $44,606.52
Disclosure

SEC source: 0001690820-25-000271 · wk-form4_1752184882.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: 776,488

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 $359.36 to $360.03, 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 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
July 09, 2025 Filed Jul 10, 2025 22:01 UTC
GARCIA ERNEST C. IIIDirector · Chief Executive Officer · 10% owner
SaleClass A Common Stock 124 $359.73 $44,606.52
Disclosure

SEC source: 0001690820-25-000271 · wk-form4_1752184882.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: 676,488

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 $359.36 to $360.03, 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.

F2 · 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
July 09, 2025 Filed Jul 11, 2025 21:15 UTC ConversionClass A Units · Derivative 125,000 $0.00 $0.00
Disclosure

SEC source: 0000950170-25-095366 · ownership.xml · derivative · entry 29

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: 45,421,681

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
July 09, 2025 Filed Jul 11, 2025 21:15 UTC OtherClass B Common Stock 100,000 Not disclosed Not disclosed
Disclosure

SEC source: 0000950170-25-095366 · ownership.xml · nonDerivative · entry 26

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: 36,337,346

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.

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July 09, 2025 Filed Jul 11, 2025 21:15 UTC SaleClass A Common Stock 325 $353.74 $114,965.76
Disclosure

SEC source: 0000950170-25-095366 · 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: 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.

F3 · price: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $343.40-$344.28, inclusive (weighted average of $343.9162); $344.55-$345.54, inclusive (weighted average of $345.1028); $345.55-$346.53, inclusive (weighted average of $346.0306); $346.58-$347.49, inclusive (weighted average of $347.0188); $347.63-$348.62, inclusive (weighted average of $348.0097); $348.63-$349.62, inclusive (weighted average of $349.3313); $349.63-$350.62, inclusive (weighted average of $350.1696); $350.63-$351.62, inclusive (weighted average of $350.9708); $351.64-$352.635, inclusive (weighted average of $352.0871); $352.64-$353.63, inclusive (weighted average of $353.1363); and $353.67-$353.79, inclusive (weighted average of $353.7408), respectively.

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

Read SEC document
July 09, 2025 Filed Jul 11, 2025 21:15 UTC SaleClass A Common Stock 11,906 $353.14 $4,204,440.79
Disclosure

SEC source: 0000950170-25-095366 · 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: 325

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 $343.40-$344.28, inclusive (weighted average of $343.9162); $344.55-$345.54, inclusive (weighted average of $345.1028); $345.55-$346.53, inclusive (weighted average of $346.0306); $346.58-$347.49, inclusive (weighted average of $347.0188); $347.63-$348.62, inclusive (weighted average of $348.0097); $348.63-$349.62, inclusive (weighted average of $349.3313); $349.63-$350.62, inclusive (weighted average of $350.1696); $350.63-$351.62, inclusive (weighted average of $350.9708); $351.64-$352.635, inclusive (weighted average of $352.0871); $352.64-$353.63, inclusive (weighted average of $353.1363); and $353.67-$353.79, inclusive (weighted average of $353.7408), respectively.

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

Read SEC document
July 09, 2025 Filed Jul 11, 2025 21:15 UTC SaleClass A Common Stock 16,211 $352.09 $5,707,683.98
Disclosure

SEC source: 0000950170-25-095366 · 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: 12,231

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 $343.40-$344.28, inclusive (weighted average of $343.9162); $344.55-$345.54, inclusive (weighted average of $345.1028); $345.55-$346.53, inclusive (weighted average of $346.0306); $346.58-$347.49, inclusive (weighted average of $347.0188); $347.63-$348.62, inclusive (weighted average of $348.0097); $348.63-$349.62, inclusive (weighted average of $349.3313); $349.63-$350.62, inclusive (weighted average of $350.1696); $350.63-$351.62, inclusive (weighted average of $350.9708); $351.64-$352.635, inclusive (weighted average of $352.0871); $352.64-$353.63, inclusive (weighted average of $353.1363); and $353.67-$353.79, inclusive (weighted average of $353.7408), respectively.

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

Read SEC document
July 09, 2025 Filed Jul 11, 2025 21:15 UTC SaleClass A Common Stock 17,126 $350.97 $6,010,725.92
Disclosure

SEC source: 0000950170-25-095366 · 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: 28,442

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 $343.40-$344.28, inclusive (weighted average of $343.9162); $344.55-$345.54, inclusive (weighted average of $345.1028); $345.55-$346.53, inclusive (weighted average of $346.0306); $346.58-$347.49, inclusive (weighted average of $347.0188); $347.63-$348.62, inclusive (weighted average of $348.0097); $348.63-$349.62, inclusive (weighted average of $349.3313); $349.63-$350.62, inclusive (weighted average of $350.1696); $350.63-$351.62, inclusive (weighted average of $350.9708); $351.64-$352.635, inclusive (weighted average of $352.0871); $352.64-$353.63, inclusive (weighted average of $353.1363); and $353.67-$353.79, inclusive (weighted average of $353.7408), respectively.

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

Read SEC document
July 09, 2025 Filed Jul 11, 2025 21:15 UTC SaleClass A Common Stock 22,425 $350.17 $7,852,553.28
Disclosure

SEC source: 0000950170-25-095366 · 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: 45,568

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 $343.40-$344.28, inclusive (weighted average of $343.9162); $344.55-$345.54, inclusive (weighted average of $345.1028); $345.55-$346.53, inclusive (weighted average of $346.0306); $346.58-$347.49, inclusive (weighted average of $347.0188); $347.63-$348.62, inclusive (weighted average of $348.0097); $348.63-$349.62, inclusive (weighted average of $349.3313); $349.63-$350.62, inclusive (weighted average of $350.1696); $350.63-$351.62, inclusive (weighted average of $350.9708); $351.64-$352.635, inclusive (weighted average of $352.0871); $352.64-$353.63, inclusive (weighted average of $353.1363); and $353.67-$353.79, inclusive (weighted average of $353.7408), respectively.

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

Read SEC document
July 09, 2025 Filed Jul 11, 2025 21:15 UTC SaleClass A Common Stock 11,813 $349.33 $4,126,650.65
Disclosure

SEC source: 0000950170-25-095366 · 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: 67,993

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 $343.40-$344.28, inclusive (weighted average of $343.9162); $344.55-$345.54, inclusive (weighted average of $345.1028); $345.55-$346.53, inclusive (weighted average of $346.0306); $346.58-$347.49, inclusive (weighted average of $347.0188); $347.63-$348.62, inclusive (weighted average of $348.0097); $348.63-$349.62, inclusive (weighted average of $349.3313); $349.63-$350.62, inclusive (weighted average of $350.1696); $350.63-$351.62, inclusive (weighted average of $350.9708); $351.64-$352.635, inclusive (weighted average of $352.0871); $352.64-$353.63, inclusive (weighted average of $353.1363); and $353.67-$353.79, inclusive (weighted average of $353.7408), respectively.

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

Read SEC document
July 09, 2025 Filed Jul 11, 2025 21:15 UTC SaleClass A Common Stock 4,170 $348.01 $1,451,200.45
Disclosure

SEC source: 0000950170-25-095366 · 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: 79,806

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 $343.40-$344.28, inclusive (weighted average of $343.9162); $344.55-$345.54, inclusive (weighted average of $345.1028); $345.55-$346.53, inclusive (weighted average of $346.0306); $346.58-$347.49, inclusive (weighted average of $347.0188); $347.63-$348.62, inclusive (weighted average of $348.0097); $348.63-$349.62, inclusive (weighted average of $349.3313); $349.63-$350.62, inclusive (weighted average of $350.1696); $350.63-$351.62, inclusive (weighted average of $350.9708); $351.64-$352.635, inclusive (weighted average of $352.0871); $352.64-$353.63, inclusive (weighted average of $353.1363); and $353.67-$353.79, inclusive (weighted average of $353.7408), respectively.

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

Read SEC document
July 09, 2025 Filed Jul 11, 2025 21:15 UTC SaleClass A Common Stock 2,859 $347.02 $992,126.75
Disclosure

SEC source: 0000950170-25-095366 · 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: 83,976

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 $343.40-$344.28, inclusive (weighted average of $343.9162); $344.55-$345.54, inclusive (weighted average of $345.1028); $345.55-$346.53, inclusive (weighted average of $346.0306); $346.58-$347.49, inclusive (weighted average of $347.0188); $347.63-$348.62, inclusive (weighted average of $348.0097); $348.63-$349.62, inclusive (weighted average of $349.3313); $349.63-$350.62, inclusive (weighted average of $350.1696); $350.63-$351.62, inclusive (weighted average of $350.9708); $351.64-$352.635, inclusive (weighted average of $352.0871); $352.64-$353.63, inclusive (weighted average of $353.1363); and $353.67-$353.79, inclusive (weighted average of $353.7408), respectively.

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

Read SEC document
July 09, 2025 Filed Jul 11, 2025 21:15 UTC SaleClass A Common Stock 7,105 $346.03 $2,458,547.41
Disclosure

SEC source: 0000950170-25-095366 · 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: 86,835

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 $343.40-$344.28, inclusive (weighted average of $343.9162); $344.55-$345.54, inclusive (weighted average of $345.1028); $345.55-$346.53, inclusive (weighted average of $346.0306); $346.58-$347.49, inclusive (weighted average of $347.0188); $347.63-$348.62, inclusive (weighted average of $348.0097); $348.63-$349.62, inclusive (weighted average of $349.3313); $349.63-$350.62, inclusive (weighted average of $350.1696); $350.63-$351.62, inclusive (weighted average of $350.9708); $351.64-$352.635, inclusive (weighted average of $352.0871); $352.64-$353.63, inclusive (weighted average of $353.1363); and $353.67-$353.79, inclusive (weighted average of $353.7408), respectively.

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

Read SEC document
July 09, 2025 Filed Jul 11, 2025 21:15 UTC SaleClass A Common Stock 4,744 $345.10 $1,637,167.68
Disclosure

SEC source: 0000950170-25-095366 · 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: 93,940

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 $343.40-$344.28, inclusive (weighted average of $343.9162); $344.55-$345.54, inclusive (weighted average of $345.1028); $345.55-$346.53, inclusive (weighted average of $346.0306); $346.58-$347.49, inclusive (weighted average of $347.0188); $347.63-$348.62, inclusive (weighted average of $348.0097); $348.63-$349.62, inclusive (weighted average of $349.3313); $349.63-$350.62, inclusive (weighted average of $350.1696); $350.63-$351.62, inclusive (weighted average of $350.9708); $351.64-$352.635, inclusive (weighted average of $352.0871); $352.64-$353.63, inclusive (weighted average of $353.1363); and $353.67-$353.79, inclusive (weighted average of $353.7408), respectively.

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

Read SEC document
July 09, 2025 Filed Jul 11, 2025 21:15 UTC SaleClass A Common Stock 1,316 $343.92 $452,593.72
Disclosure

SEC source: 0000950170-25-095366 · 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: 98,684

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 $343.40-$344.28, inclusive (weighted average of $343.9162); $344.55-$345.54, inclusive (weighted average of $345.1028); $345.55-$346.53, inclusive (weighted average of $346.0306); $346.58-$347.49, inclusive (weighted average of $347.0188); $347.63-$348.62, inclusive (weighted average of $348.0097); $348.63-$349.62, inclusive (weighted average of $349.3313); $349.63-$350.62, inclusive (weighted average of $350.1696); $350.63-$351.62, inclusive (weighted average of $350.9708); $351.64-$352.635, inclusive (weighted average of $352.0871); $352.64-$353.63, inclusive (weighted average of $353.1363); and $353.67-$353.79, inclusive (weighted average of $353.7408), respectively.

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

Read SEC document
July 09, 2025 Filed Jul 11, 2025 21:15 UTC ConversionClass A Common Stock 100,000 Not disclosed Not disclosed
Disclosure

SEC source: 0000950170-25-095366 · 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
July 08, 2025 Filed Jul 9, 2025 22:31 UTC ConversionClass A Units · Derivative 125,000 $0.00 $0.00
Disclosure

SEC source: 0000950170-25-094880 · ownership.xml · derivative · entry 24

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: 45,546,681

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
July 08, 2025 Filed Jul 9, 2025 22:31 UTC OtherClass B Common Stock 100,000 Not disclosed Not disclosed
Disclosure

SEC source: 0000950170-25-094880 · 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: 36,437,346

F5 · 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
July 08, 2025 Filed Jul 9, 2025 22:31 UTC SaleClass A Common Stock 590 $363.50 $214,465.00
Disclosure

SEC source: 0000950170-25-094880 · 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: 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.

Read SEC document
July 08, 2025 Filed Jul 9, 2025 22:31 UTC SaleClass A Common Stock 504 $362.79 $182,847.02
Disclosure

SEC source: 0000950170-25-094880 · 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: 590

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.

F4 · price: Prices reported in Column 4 are weighted average prices. Shares were sold in multiple transactions at prices ranging from $352.5972-$353.5447, inclusive (weighted average of $352.9522); $354.00-$354.925, inclusive (weighted average of $354.3761); $355.01-$355.9996, inclusive (weighted average of $355.5224); $356.01-$357.00, inclusive (weighted average of $356.5439); $357.04-$358.0379, inclusive (weighted average of $357.547); $358.04-$359.03, inclusive (weighted average of $358.61); $359.07-$360.055, inclusive (weighted average of $359.6239); $360.08-$361.0781, inclusive (weighted average of $360.5807); $361.08-$361.70, inclusive (weighted average of $361.2550); and $362.50-$363.01, inclusive (weighted average of $362.7917), respectively. The reporting person undertakes to provide to the issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within ranges set forth herein.

Read SEC document
July 08, 2025 Filed Jul 9, 2025 22:31 UTC SaleClass A Common Stock 4,230 $361.26 $1,528,108.65
Disclosure

SEC source: 0000950170-25-094880 · 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: 1,094

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.

F4 · price: Prices reported in Column 4 are weighted average prices. Shares were sold in multiple transactions at prices ranging from $352.5972-$353.5447, inclusive (weighted average of $352.9522); $354.00-$354.925, inclusive (weighted average of $354.3761); $355.01-$355.9996, inclusive (weighted average of $355.5224); $356.01-$357.00, inclusive (weighted average of $356.5439); $357.04-$358.0379, inclusive (weighted average of $357.547); $358.04-$359.03, inclusive (weighted average of $358.61); $359.07-$360.055, inclusive (weighted average of $359.6239); $360.08-$361.0781, inclusive (weighted average of $360.5807); $361.08-$361.70, inclusive (weighted average of $361.2550); and $362.50-$363.01, inclusive (weighted average of $362.7917), respectively. The reporting person undertakes to provide to the issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within ranges set forth herein.

Read SEC document
July 08, 2025 Filed Jul 9, 2025 22:31 UTC SaleClass A Common Stock 7,734 $360.58 $2,788,731.13
Disclosure

SEC source: 0000950170-25-094880 · 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: 5,324

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.

F4 · price: Prices reported in Column 4 are weighted average prices. Shares were sold in multiple transactions at prices ranging from $352.5972-$353.5447, inclusive (weighted average of $352.9522); $354.00-$354.925, inclusive (weighted average of $354.3761); $355.01-$355.9996, inclusive (weighted average of $355.5224); $356.01-$357.00, inclusive (weighted average of $356.5439); $357.04-$358.0379, inclusive (weighted average of $357.547); $358.04-$359.03, inclusive (weighted average of $358.61); $359.07-$360.055, inclusive (weighted average of $359.6239); $360.08-$361.0781, inclusive (weighted average of $360.5807); $361.08-$361.70, inclusive (weighted average of $361.2550); and $362.50-$363.01, inclusive (weighted average of $362.7917), respectively. The reporting person undertakes to provide to the issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within ranges set forth herein.

Read SEC document
July 08, 2025 Filed Jul 9, 2025 22:31 UTC SaleClass A Common Stock 7,804 $359.62 $2,806,504.92
Disclosure

SEC source: 0000950170-25-094880 · 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: 13,058

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.

F4 · price: Prices reported in Column 4 are weighted average prices. Shares were sold in multiple transactions at prices ranging from $352.5972-$353.5447, inclusive (weighted average of $352.9522); $354.00-$354.925, inclusive (weighted average of $354.3761); $355.01-$355.9996, inclusive (weighted average of $355.5224); $356.01-$357.00, inclusive (weighted average of $356.5439); $357.04-$358.0379, inclusive (weighted average of $357.547); $358.04-$359.03, inclusive (weighted average of $358.61); $359.07-$360.055, inclusive (weighted average of $359.6239); $360.08-$361.0781, inclusive (weighted average of $360.5807); $361.08-$361.70, inclusive (weighted average of $361.2550); and $362.50-$363.01, inclusive (weighted average of $362.7917), respectively. The reporting person undertakes to provide to the issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within ranges set forth herein.

Read SEC document
July 08, 2025 Filed Jul 9, 2025 22:31 UTC SaleClass A Common Stock 12,705 $358.61 $4,556,140.05
Disclosure

SEC source: 0000950170-25-094880 · 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: 20,862

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.

F4 · price: Prices reported in Column 4 are weighted average prices. Shares were sold in multiple transactions at prices ranging from $352.5972-$353.5447, inclusive (weighted average of $352.9522); $354.00-$354.925, inclusive (weighted average of $354.3761); $355.01-$355.9996, inclusive (weighted average of $355.5224); $356.01-$357.00, inclusive (weighted average of $356.5439); $357.04-$358.0379, inclusive (weighted average of $357.547); $358.04-$359.03, inclusive (weighted average of $358.61); $359.07-$360.055, inclusive (weighted average of $359.6239); $360.08-$361.0781, inclusive (weighted average of $360.5807); $361.08-$361.70, inclusive (weighted average of $361.2550); and $362.50-$363.01, inclusive (weighted average of $362.7917), respectively. The reporting person undertakes to provide to the issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within ranges set forth herein.

Read SEC document
July 08, 2025 Filed Jul 9, 2025 22:31 UTC SaleClass A Common Stock 8,672 $357.55 $3,100,647.58
Disclosure

SEC source: 0000950170-25-094880 · 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: 33,567

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.

F4 · price: Prices reported in Column 4 are weighted average prices. Shares were sold in multiple transactions at prices ranging from $352.5972-$353.5447, inclusive (weighted average of $352.9522); $354.00-$354.925, inclusive (weighted average of $354.3761); $355.01-$355.9996, inclusive (weighted average of $355.5224); $356.01-$357.00, inclusive (weighted average of $356.5439); $357.04-$358.0379, inclusive (weighted average of $357.547); $358.04-$359.03, inclusive (weighted average of $358.61); $359.07-$360.055, inclusive (weighted average of $359.6239); $360.08-$361.0781, inclusive (weighted average of $360.5807); $361.08-$361.70, inclusive (weighted average of $361.2550); and $362.50-$363.01, inclusive (weighted average of $362.7917), respectively. The reporting person undertakes to provide to the issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within ranges set forth herein.

Read SEC document
July 08, 2025 Filed Jul 9, 2025 22:31 UTC SaleClass A Common Stock 7,467 $356.54 $2,662,313.30
Disclosure

SEC source: 0000950170-25-094880 · 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: 42,239

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.

F4 · price: Prices reported in Column 4 are weighted average prices. Shares were sold in multiple transactions at prices ranging from $352.5972-$353.5447, inclusive (weighted average of $352.9522); $354.00-$354.925, inclusive (weighted average of $354.3761); $355.01-$355.9996, inclusive (weighted average of $355.5224); $356.01-$357.00, inclusive (weighted average of $356.5439); $357.04-$358.0379, inclusive (weighted average of $357.547); $358.04-$359.03, inclusive (weighted average of $358.61); $359.07-$360.055, inclusive (weighted average of $359.6239); $360.08-$361.0781, inclusive (weighted average of $360.5807); $361.08-$361.70, inclusive (weighted average of $361.2550); and $362.50-$363.01, inclusive (weighted average of $362.7917), respectively. The reporting person undertakes to provide to the issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within ranges set forth herein.

Read SEC document
July 08, 2025 Filed Jul 9, 2025 22:31 UTC SaleClass A Common Stock 9,325 $355.52 $3,315,246.38
Disclosure

SEC source: 0000950170-25-094880 · 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: 49,706

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.

F4 · price: Prices reported in Column 4 are weighted average prices. Shares were sold in multiple transactions at prices ranging from $352.5972-$353.5447, inclusive (weighted average of $352.9522); $354.00-$354.925, inclusive (weighted average of $354.3761); $355.01-$355.9996, inclusive (weighted average of $355.5224); $356.01-$357.00, inclusive (weighted average of $356.5439); $357.04-$358.0379, inclusive (weighted average of $357.547); $358.04-$359.03, inclusive (weighted average of $358.61); $359.07-$360.055, inclusive (weighted average of $359.6239); $360.08-$361.0781, inclusive (weighted average of $360.5807); $361.08-$361.70, inclusive (weighted average of $361.2550); and $362.50-$363.01, inclusive (weighted average of $362.7917), respectively. The reporting person undertakes to provide to the issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within ranges set forth herein.

Read SEC document
July 08, 2025 Filed Jul 9, 2025 22:31 UTC SaleClass A Common Stock 1,153 $354.38 $408,595.64
Disclosure

SEC source: 0000950170-25-094880 · 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: 59,031

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.

F4 · price: Prices reported in Column 4 are weighted average prices. Shares were sold in multiple transactions at prices ranging from $352.5972-$353.5447, inclusive (weighted average of $352.9522); $354.00-$354.925, inclusive (weighted average of $354.3761); $355.01-$355.9996, inclusive (weighted average of $355.5224); $356.01-$357.00, inclusive (weighted average of $356.5439); $357.04-$358.0379, inclusive (weighted average of $357.547); $358.04-$359.03, inclusive (weighted average of $358.61); $359.07-$360.055, inclusive (weighted average of $359.6239); $360.08-$361.0781, inclusive (weighted average of $360.5807); $361.08-$361.70, inclusive (weighted average of $361.2550); and $362.50-$363.01, inclusive (weighted average of $362.7917), respectively. The reporting person undertakes to provide to the issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within ranges set forth herein.

Read SEC document
July 08, 2025 Filed Jul 9, 2025 22:31 UTC SaleClass A Common Stock 646 $352.95 $228,007.12
Disclosure

SEC source: 0000950170-25-094880 · 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: 60,184

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.

F4 · price: Prices reported in Column 4 are weighted average prices. Shares were sold in multiple transactions at prices ranging from $352.5972-$353.5447, inclusive (weighted average of $352.9522); $354.00-$354.925, inclusive (weighted average of $354.3761); $355.01-$355.9996, inclusive (weighted average of $355.5224); $356.01-$357.00, inclusive (weighted average of $356.5439); $357.04-$358.0379, inclusive (weighted average of $357.547); $358.04-$359.03, inclusive (weighted average of $358.61); $359.07-$360.055, inclusive (weighted average of $359.6239); $360.08-$361.0781, inclusive (weighted average of $360.5807); $361.08-$361.70, inclusive (weighted average of $361.2550); and $362.50-$363.01, inclusive (weighted average of $362.7917), respectively. The reporting person undertakes to provide to the issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within ranges set forth herein.

Read SEC document
July 08, 2025 Filed Jul 9, 2025 22:31 UTC SaleClass A Common Stock 389 $351.62 $136,778.59
Disclosure

SEC source: 0000950170-25-094880 · 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: 60,830

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: Prices reported in Column 4 are weighted average prices. Shares were sold in multiple transactions at prices ranging from $343.00-$343.95, inclusive (weighted average of $343.4711); $344.29-$345.2897, inclusive (weighted average of $345.0812); $345.29-$346.284, inclusive (weighted average of $345.7456); $346.2905-$347.2895, inclusive (weighted average of $346.7874); $347.295-$348.2846, inclusive (weighted average of $347.5779); $348.29-$349.2388, inclusive (weighted average of $348.5827); $349.3431-$350.3191, inclusive (weighted average of $349.8362); $350.35-$351.346, inclusive (weighted average of $350.7636); $351.3544-$352.3102, inclusive (weighted average of $351.6159), respectively. The reporting person undertakes to provide to the issuer or the staff of the Securities and Exchange Commission, upon request, the full information regarding the number of shares sold at each separate price within ranges set forth herein.

Read SEC document
July 08, 2025 Filed Jul 9, 2025 22:31 UTC SaleClass A Common Stock 2,271 $350.76 $796,584.14
Disclosure

SEC source: 0000950170-25-094880 · 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: 61,219

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: Prices reported in Column 4 are weighted average prices. Shares were sold in multiple transactions at prices ranging from $343.00-$343.95, inclusive (weighted average of $343.4711); $344.29-$345.2897, inclusive (weighted average of $345.0812); $345.29-$346.284, inclusive (weighted average of $345.7456); $346.2905-$347.2895, inclusive (weighted average of $346.7874); $347.295-$348.2846, inclusive (weighted average of $347.5779); $348.29-$349.2388, inclusive (weighted average of $348.5827); $349.3431-$350.3191, inclusive (weighted average of $349.8362); $350.35-$351.346, inclusive (weighted average of $350.7636); $351.3544-$352.3102, inclusive (weighted average of $351.6159), respectively. The reporting person undertakes to provide to the issuer or the staff of the Securities and Exchange Commission, upon request, the full information regarding the number of shares sold at each separate price within ranges set forth herein.

Read SEC document
July 08, 2025 Filed Jul 9, 2025 22:31 UTC SaleClass A Common Stock 2,914 $349.84 $1,019,422.69
Disclosure

SEC source: 0000950170-25-094880 · 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: 63,490

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: Prices reported in Column 4 are weighted average prices. Shares were sold in multiple transactions at prices ranging from $343.00-$343.95, inclusive (weighted average of $343.4711); $344.29-$345.2897, inclusive (weighted average of $345.0812); $345.29-$346.284, inclusive (weighted average of $345.7456); $346.2905-$347.2895, inclusive (weighted average of $346.7874); $347.295-$348.2846, inclusive (weighted average of $347.5779); $348.29-$349.2388, inclusive (weighted average of $348.5827); $349.3431-$350.3191, inclusive (weighted average of $349.8362); $350.35-$351.346, inclusive (weighted average of $350.7636); $351.3544-$352.3102, inclusive (weighted average of $351.6159), respectively. The reporting person undertakes to provide to the issuer or the staff of the Securities and Exchange Commission, upon request, the full information regarding the number of shares sold at each separate price within ranges set forth herein.

Read SEC document
July 08, 2025 Filed Jul 9, 2025 22:31 UTC SaleClass A Common Stock 2,775 $348.58 $967,316.99
Disclosure

SEC source: 0000950170-25-094880 · 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: 66,404

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: Prices reported in Column 4 are weighted average prices. Shares were sold in multiple transactions at prices ranging from $343.00-$343.95, inclusive (weighted average of $343.4711); $344.29-$345.2897, inclusive (weighted average of $345.0812); $345.29-$346.284, inclusive (weighted average of $345.7456); $346.2905-$347.2895, inclusive (weighted average of $346.7874); $347.295-$348.2846, inclusive (weighted average of $347.5779); $348.29-$349.2388, inclusive (weighted average of $348.5827); $349.3431-$350.3191, inclusive (weighted average of $349.8362); $350.35-$351.346, inclusive (weighted average of $350.7636); $351.3544-$352.3102, inclusive (weighted average of $351.6159), respectively. The reporting person undertakes to provide to the issuer or the staff of the Securities and Exchange Commission, upon request, the full information regarding the number of shares sold at each separate price within ranges set forth herein.

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July 08, 2025 Filed Jul 9, 2025 22:31 UTC SaleClass A Common Stock 3,513 $347.58 $1,221,041.16
Disclosure

SEC source: 0000950170-25-094880 · 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: 69,179

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: Prices reported in Column 4 are weighted average prices. Shares were sold in multiple transactions at prices ranging from $343.00-$343.95, inclusive (weighted average of $343.4711); $344.29-$345.2897, inclusive (weighted average of $345.0812); $345.29-$346.284, inclusive (weighted average of $345.7456); $346.2905-$347.2895, inclusive (weighted average of $346.7874); $347.295-$348.2846, inclusive (weighted average of $347.5779); $348.29-$349.2388, inclusive (weighted average of $348.5827); $349.3431-$350.3191, inclusive (weighted average of $349.8362); $350.35-$351.346, inclusive (weighted average of $350.7636); $351.3544-$352.3102, inclusive (weighted average of $351.6159), respectively. The reporting person undertakes to provide to the issuer or the staff of the Securities and Exchange Commission, upon request, the full information regarding the number of shares sold at each separate price within ranges set forth herein.

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July 08, 2025 Filed Jul 9, 2025 22:31 UTC SaleClass A Common Stock 8,075 $346.79 $2,800,308.26
Disclosure

SEC source: 0000950170-25-094880 · 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: 72,692

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: Prices reported in Column 4 are weighted average prices. Shares were sold in multiple transactions at prices ranging from $343.00-$343.95, inclusive (weighted average of $343.4711); $344.29-$345.2897, inclusive (weighted average of $345.0812); $345.29-$346.284, inclusive (weighted average of $345.7456); $346.2905-$347.2895, inclusive (weighted average of $346.7874); $347.295-$348.2846, inclusive (weighted average of $347.5779); $348.29-$349.2388, inclusive (weighted average of $348.5827); $349.3431-$350.3191, inclusive (weighted average of $349.8362); $350.35-$351.346, inclusive (weighted average of $350.7636); $351.3544-$352.3102, inclusive (weighted average of $351.6159), respectively. The reporting person undertakes to provide to the issuer or the staff of the Securities and Exchange Commission, upon request, the full information regarding the number of shares sold at each separate price within ranges set forth herein.

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July 08, 2025 Filed Jul 9, 2025 22:31 UTC SaleClass A Common Stock 12,520 $345.75 $4,328,734.91
Disclosure

SEC source: 0000950170-25-094880 · 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: 80,767

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: Prices reported in Column 4 are weighted average prices. Shares were sold in multiple transactions at prices ranging from $343.00-$343.95, inclusive (weighted average of $343.4711); $344.29-$345.2897, inclusive (weighted average of $345.0812); $345.29-$346.284, inclusive (weighted average of $345.7456); $346.2905-$347.2895, inclusive (weighted average of $346.7874); $347.295-$348.2846, inclusive (weighted average of $347.5779); $348.29-$349.2388, inclusive (weighted average of $348.5827); $349.3431-$350.3191, inclusive (weighted average of $349.8362); $350.35-$351.346, inclusive (weighted average of $350.7636); $351.3544-$352.3102, inclusive (weighted average of $351.6159), respectively. The reporting person undertakes to provide to the issuer or the staff of the Securities and Exchange Commission, upon request, the full information regarding the number of shares sold at each separate price within ranges set forth herein.

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July 08, 2025 Filed Jul 9, 2025 22:31 UTC SaleClass A Common Stock 5,143 $345.08 $1,774,752.61
Disclosure

SEC source: 0000950170-25-094880 · 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: 93,287

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: Prices reported in Column 4 are weighted average prices. Shares were sold in multiple transactions at prices ranging from $343.00-$343.95, inclusive (weighted average of $343.4711); $344.29-$345.2897, inclusive (weighted average of $345.0812); $345.29-$346.284, inclusive (weighted average of $345.7456); $346.2905-$347.2895, inclusive (weighted average of $346.7874); $347.295-$348.2846, inclusive (weighted average of $347.5779); $348.29-$349.2388, inclusive (weighted average of $348.5827); $349.3431-$350.3191, inclusive (weighted average of $349.8362); $350.35-$351.346, inclusive (weighted average of $350.7636); $351.3544-$352.3102, inclusive (weighted average of $351.6159), respectively. The reporting person undertakes to provide to the issuer or the staff of the Securities and Exchange Commission, upon request, the full information regarding the number of shares sold at each separate price within ranges set forth herein.

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July 08, 2025 Filed Jul 9, 2025 22:31 UTC SaleClass A Common Stock 1,570 $343.47 $539,249.63
Disclosure

SEC source: 0000950170-25-094880 · 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: 98,430

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: Prices reported in Column 4 are weighted average prices. Shares were sold in multiple transactions at prices ranging from $343.00-$343.95, inclusive (weighted average of $343.4711); $344.29-$345.2897, inclusive (weighted average of $345.0812); $345.29-$346.284, inclusive (weighted average of $345.7456); $346.2905-$347.2895, inclusive (weighted average of $346.7874); $347.295-$348.2846, inclusive (weighted average of $347.5779); $348.29-$349.2388, inclusive (weighted average of $348.5827); $349.3431-$350.3191, inclusive (weighted average of $349.8362); $350.35-$351.346, inclusive (weighted average of $350.7636); $351.3544-$352.3102, inclusive (weighted average of $351.6159), respectively. The reporting person undertakes to provide to the issuer or the staff of the Securities and Exchange Commission, upon request, the full information regarding the number of shares sold at each separate price within ranges set forth herein.

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July 08, 2025 Filed Jul 9, 2025 22:31 UTC ConversionClass A Common Stock 100,000 Not disclosed Not disclosed
Disclosure

SEC source: 0000950170-25-094880 · 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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July 08, 2025 Filed Jul 10, 2025 22:56 UTC Amendment
GARCIA ERNEST C. IIIDirector · Chief Executive Officer · 10% owner
SaleClass A Common Stock 124 $359.73 $44,606.52
Disclosure

SEC source: 0001690820-25-000275 · wk-form4a_1752188157.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: 776,488

F16 · date: This amendment is being filed solely for the purpose of correcting the transaction date to July 8, but which was previously dated July 9 due to a scrivener's error.

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 $359.36 to $360.03, 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 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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July 08, 2025 Filed Jul 10, 2025 22:56 UTC Amendment
GARCIA ERNEST C. IIIDirector · Chief Executive Officer · 10% owner
SaleClass A Common Stock 124 $359.73 $44,606.52
Disclosure

SEC source: 0001690820-25-000275 · wk-form4a_1752188157.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: 676,488

F16 · date: This amendment is being filed solely for the purpose of correcting the transaction date to July 8, but which was previously dated July 9 due to a scrivener's error.

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 $359.36 to $360.03, 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.

F2 · 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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July 08, 2025 Filed Jul 10, 2025 22:56 UTC Amendment
GARCIA ERNEST C. IIIDirector · Chief Executive Officer · 10% owner
SaleClass A Common Stock 100 $359.01 $35,901.00
Disclosure

SEC source: 0001690820-25-000275 · wk-form4a_1752188157.xml · nonDerivative · entry 26

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: 776,612

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

F3 · 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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July 08, 2025 Filed Jul 10, 2025 22:56 UTC Amendment
GARCIA ERNEST C. IIIDirector · Chief Executive Officer · 10% owner
SaleClass A Common Stock 100 $358.07 $35,807.00
Disclosure

SEC source: 0001690820-25-000275 · wk-form4a_1752188157.xml · nonDerivative · entry 25

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: 676,612

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 · 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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July 08, 2025 Filed Jul 10, 2025 22:56 UTC Amendment
GARCIA ERNEST C. IIIDirector · Chief Executive Officer · 10% owner
SaleClass A Common Stock 306 $357.45 $109,379.70
Disclosure

SEC source: 0001690820-25-000275 · wk-form4a_1752188157.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: 776,712

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 $357.04 to $358.01, 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 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
July 08, 2025 Filed Jul 10, 2025 22:56 UTC Amendment
GARCIA ERNEST C. IIIDirector · Chief Executive Officer · 10% owner
SaleClass A Common Stock 306 $357.45 $109,379.70
Disclosure

SEC source: 0001690820-25-000275 · wk-form4a_1752188157.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: 676,712

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 $357.04 to $358.01, 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.

F2 · 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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July 08, 2025 Filed Jul 10, 2025 22:56 UTC Amendment
GARCIA ERNEST C. IIIDirector · Chief Executive Officer · 10% owner
SaleClass A Common Stock 198 $356.35 $70,557.30
Disclosure

SEC source: 0001690820-25-000275 · wk-form4a_1752188157.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: 777,018

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 $355.90 to $356.81, 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 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
July 08, 2025 Filed Jul 10, 2025 22:56 UTC Amendment
GARCIA ERNEST C. IIIDirector · Chief Executive Officer · 10% owner
SaleClass A Common Stock 198 $356.35 $70,557.30
Disclosure

SEC source: 0001690820-25-000275 · wk-form4a_1752188157.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: 677,018

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 $355.90 to $356.81, 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.

F2 · 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.