CVNA

SEC source: 0000950170-24-087948 · ownership.xml · nonDerivative · entry 5

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

VERDE INVESTMENTS, INC. · CIK 0001704727 · 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: Indirect · Verde Investments, Inc.

Disclosed balance after: 1,810,794

F1 · 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 March 11, 2024.

F2 · price: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $127.55 to $128.545, inclusive (weighted average of $128.1337); $128.55 to $129.54, inclusive (weighted average of $129.0862); $129.55 to $130.53, inclusive (weighted average of $129.8654); $130.55 to $131.50, inclusive (weighted average of $130.927); $131.75 to $132.74, inclusive (weighted average of $132.2091); $132.77 to $133.75, inclusive (weighted average of $133.2672); $133.77 to $134.76, inclusive (weighted average of $134.1589); $134.79 to $135.75, inclusive (weighted average of $135.3148); and $135.83 to $136.26, inclusive (weighted average of $136.0233), 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.

F3 · ownership.nature: These Class A Shares are owned directly by Verde Investments, Inc., an entity which Mr. Garcia wholly owns and controls.

SEC source: 0000950170-24-087948 · ownership.xml · nonDerivative · entry 4

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

VERDE INVESTMENTS, INC. · CIK 0001704727 · 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: Indirect · Verde Investments, Inc.

Disclosed balance after: 1,815,035

F1 · 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 March 11, 2024.

F2 · price: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $127.55 to $128.545, inclusive (weighted average of $128.1337); $128.55 to $129.54, inclusive (weighted average of $129.0862); $129.55 to $130.53, inclusive (weighted average of $129.8654); $130.55 to $131.50, inclusive (weighted average of $130.927); $131.75 to $132.74, inclusive (weighted average of $132.2091); $132.77 to $133.75, inclusive (weighted average of $133.2672); $133.77 to $134.76, inclusive (weighted average of $134.1589); $134.79 to $135.75, inclusive (weighted average of $135.3148); and $135.83 to $136.26, inclusive (weighted average of $136.0233), 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.

F3 · ownership.nature: These Class A Shares are owned directly by Verde Investments, Inc., an entity which Mr. Garcia wholly owns and controls.

SEC source: 0000950170-24-087948 · ownership.xml · nonDerivative · entry 3

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

VERDE INVESTMENTS, INC. · CIK 0001704727 · 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: Indirect · Verde Investments, Inc.

Disclosed balance after: 1,818,456

F1 · 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 March 11, 2024.

F2 · price: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $127.55 to $128.545, inclusive (weighted average of $128.1337); $128.55 to $129.54, inclusive (weighted average of $129.0862); $129.55 to $130.53, inclusive (weighted average of $129.8654); $130.55 to $131.50, inclusive (weighted average of $130.927); $131.75 to $132.74, inclusive (weighted average of $132.2091); $132.77 to $133.75, inclusive (weighted average of $133.2672); $133.77 to $134.76, inclusive (weighted average of $134.1589); $134.79 to $135.75, inclusive (weighted average of $135.3148); and $135.83 to $136.26, inclusive (weighted average of $136.0233), 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.

F3 · ownership.nature: These Class A Shares are owned directly by Verde Investments, Inc., an entity which Mr. Garcia wholly owns and controls.

SEC source: 0000950170-24-087948 · ownership.xml · nonDerivative · entry 2

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

VERDE INVESTMENTS, INC. · CIK 0001704727 · 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: Indirect · Verde Investments, Inc.

Disclosed balance after: 1,827,636

F1 · 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 March 11, 2024.

F2 · price: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $127.55 to $128.545, inclusive (weighted average of $128.1337); $128.55 to $129.54, inclusive (weighted average of $129.0862); $129.55 to $130.53, inclusive (weighted average of $129.8654); $130.55 to $131.50, inclusive (weighted average of $130.927); $131.75 to $132.74, inclusive (weighted average of $132.2091); $132.77 to $133.75, inclusive (weighted average of $133.2672); $133.77 to $134.76, inclusive (weighted average of $134.1589); $134.79 to $135.75, inclusive (weighted average of $135.3148); and $135.83 to $136.26, inclusive (weighted average of $136.0233), 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.

F3 · ownership.nature: These Class A Shares are owned directly by Verde Investments, Inc., an entity which Mr. Garcia wholly owns and controls.

SEC source: 0000950170-24-087948 · ownership.xml · nonDerivative · entry 1

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

VERDE INVESTMENTS, INC. · CIK 0001704727 · 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: Indirect · Verde Investments, Inc.

Disclosed balance after: 1,849,903

F1 · 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 March 11, 2024.

F2 · price: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $127.55 to $128.545, inclusive (weighted average of $128.1337); $128.55 to $129.54, inclusive (weighted average of $129.0862); $129.55 to $130.53, inclusive (weighted average of $129.8654); $130.55 to $131.50, inclusive (weighted average of $130.927); $131.75 to $132.74, inclusive (weighted average of $132.2091); $132.77 to $133.75, inclusive (weighted average of $133.2672); $133.77 to $134.76, inclusive (weighted average of $134.1589); $134.79 to $135.75, inclusive (weighted average of $135.3148); and $135.83 to $136.26, inclusive (weighted average of $136.0233), 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.

F3 · ownership.nature: These Class A Shares are owned directly by Verde Investments, Inc., an entity which Mr. Garcia wholly owns and controls.

SEC source: 0000950170-24-086988 · ownership.xml · nonDerivative · entry 15

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

VERDE INVESTMENTS, INC. · CIK 0001704727 · 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: Indirect · Verde Investments, Inc.

Disclosed balance after: 1,865,814

F1 · 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 March 11, 2024.

F3 · ownership.nature: These Class A Shares are owned directly by Verde Investments, Inc., an entity which Mr. Garcia wholly owns and controls.

SEC source: 0000950170-24-086988 · ownership.xml · nonDerivative · entry 14

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

VERDE INVESTMENTS, INC. · CIK 0001704727 · 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: Indirect · Verde Investments, Inc.

Disclosed balance after: 1,866,214

F1 · 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 March 11, 2024.

F4 · price: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $122.46 to $123.44, inclusive (weighted average of $122.9436); $123.50 to $124.46, inclusive (weighted average of $123.9588); $124.505 to $125.49, inclusive (weighted average of $125.1018); $125.50 to $126.49, inclusive (weighted average of $125.8742); $126.51 to $127.48, inclusive (weighted average of $126.9695); $127.52 to $128.50, inclusive (weighted average of $127.9485); $128.58 to $129.56, inclusive (weighted average of $129.0259); $129.63 to $130.60, inclusive (weighted average of $120.1281); and $130.66 to $131.56, inclusive (weighted average of $131.0535), 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.

F3 · ownership.nature: These Class A Shares are owned directly by Verde Investments, Inc., an entity which Mr. Garcia wholly owns and controls.

SEC source: 0000950170-24-086988 · ownership.xml · nonDerivative · entry 13

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

VERDE INVESTMENTS, INC. · CIK 0001704727 · 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: Indirect · Verde Investments, Inc.

Disclosed balance after: 1,868,084

F1 · 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 March 11, 2024.

F4 · price: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $122.46 to $123.44, inclusive (weighted average of $122.9436); $123.50 to $124.46, inclusive (weighted average of $123.9588); $124.505 to $125.49, inclusive (weighted average of $125.1018); $125.50 to $126.49, inclusive (weighted average of $125.8742); $126.51 to $127.48, inclusive (weighted average of $126.9695); $127.52 to $128.50, inclusive (weighted average of $127.9485); $128.58 to $129.56, inclusive (weighted average of $129.0259); $129.63 to $130.60, inclusive (weighted average of $120.1281); and $130.66 to $131.56, inclusive (weighted average of $131.0535), 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.

F3 · ownership.nature: These Class A Shares are owned directly by Verde Investments, Inc., an entity which Mr. Garcia wholly owns and controls.

SEC source: 0000950170-24-086988 · ownership.xml · nonDerivative · entry 12

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

VERDE INVESTMENTS, INC. · CIK 0001704727 · 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: Indirect · Verde Investments, Inc.

Disclosed balance after: 1,878,789

F1 · 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 March 11, 2024.

F4 · price: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $122.46 to $123.44, inclusive (weighted average of $122.9436); $123.50 to $124.46, inclusive (weighted average of $123.9588); $124.505 to $125.49, inclusive (weighted average of $125.1018); $125.50 to $126.49, inclusive (weighted average of $125.8742); $126.51 to $127.48, inclusive (weighted average of $126.9695); $127.52 to $128.50, inclusive (weighted average of $127.9485); $128.58 to $129.56, inclusive (weighted average of $129.0259); $129.63 to $130.60, inclusive (weighted average of $120.1281); and $130.66 to $131.56, inclusive (weighted average of $131.0535), 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.

F3 · ownership.nature: These Class A Shares are owned directly by Verde Investments, Inc., an entity which Mr. Garcia wholly owns and controls.

SEC source: 0000950170-24-086988 · ownership.xml · nonDerivative · entry 11

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

VERDE INVESTMENTS, INC. · CIK 0001704727 · 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: Indirect · Verde Investments, Inc.

Disclosed balance after: 1,890,994

F1 · 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 March 11, 2024.

F4 · price: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $122.46 to $123.44, inclusive (weighted average of $122.9436); $123.50 to $124.46, inclusive (weighted average of $123.9588); $124.505 to $125.49, inclusive (weighted average of $125.1018); $125.50 to $126.49, inclusive (weighted average of $125.8742); $126.51 to $127.48, inclusive (weighted average of $126.9695); $127.52 to $128.50, inclusive (weighted average of $127.9485); $128.58 to $129.56, inclusive (weighted average of $129.0259); $129.63 to $130.60, inclusive (weighted average of $120.1281); and $130.66 to $131.56, inclusive (weighted average of $131.0535), 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.

F3 · ownership.nature: These Class A Shares are owned directly by Verde Investments, Inc., an entity which Mr. Garcia wholly owns and controls.

SEC source: 0000950170-24-086988 · ownership.xml · nonDerivative · entry 10

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

VERDE INVESTMENTS, INC. · CIK 0001704727 · 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: Indirect · Verde Investments, Inc.

Disclosed balance after: 1,894,698

F1 · 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 March 11, 2024.

F4 · price: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $122.46 to $123.44, inclusive (weighted average of $122.9436); $123.50 to $124.46, inclusive (weighted average of $123.9588); $124.505 to $125.49, inclusive (weighted average of $125.1018); $125.50 to $126.49, inclusive (weighted average of $125.8742); $126.51 to $127.48, inclusive (weighted average of $126.9695); $127.52 to $128.50, inclusive (weighted average of $127.9485); $128.58 to $129.56, inclusive (weighted average of $129.0259); $129.63 to $130.60, inclusive (weighted average of $120.1281); and $130.66 to $131.56, inclusive (weighted average of $131.0535), 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.

F3 · ownership.nature: These Class A Shares are owned directly by Verde Investments, Inc., an entity which Mr. Garcia wholly owns and controls.

SEC source: 0000950170-24-086988 · ownership.xml · nonDerivative · entry 9

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

VERDE INVESTMENTS, INC. · CIK 0001704727 · 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: Indirect · Verde Investments, Inc.

Disclosed balance after: 1,899,961

F1 · 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 March 11, 2024.

F4 · price: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $122.46 to $123.44, inclusive (weighted average of $122.9436); $123.50 to $124.46, inclusive (weighted average of $123.9588); $124.505 to $125.49, inclusive (weighted average of $125.1018); $125.50 to $126.49, inclusive (weighted average of $125.8742); $126.51 to $127.48, inclusive (weighted average of $126.9695); $127.52 to $128.50, inclusive (weighted average of $127.9485); $128.58 to $129.56, inclusive (weighted average of $129.0259); $129.63 to $130.60, inclusive (weighted average of $120.1281); and $130.66 to $131.56, inclusive (weighted average of $131.0535), 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.

F3 · ownership.nature: These Class A Shares are owned directly by Verde Investments, Inc., an entity which Mr. Garcia wholly owns and controls.

SEC source: 0000950170-24-086988 · ownership.xml · nonDerivative · entry 8

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

VERDE INVESTMENTS, INC. · CIK 0001704727 · 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: Indirect · Verde Investments, Inc.

Disclosed balance after: 1,907,286

F1 · 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 March 11, 2024.

F4 · price: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $122.46 to $123.44, inclusive (weighted average of $122.9436); $123.50 to $124.46, inclusive (weighted average of $123.9588); $124.505 to $125.49, inclusive (weighted average of $125.1018); $125.50 to $126.49, inclusive (weighted average of $125.8742); $126.51 to $127.48, inclusive (weighted average of $126.9695); $127.52 to $128.50, inclusive (weighted average of $127.9485); $128.58 to $129.56, inclusive (weighted average of $129.0259); $129.63 to $130.60, inclusive (weighted average of $120.1281); and $130.66 to $131.56, inclusive (weighted average of $131.0535), 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.

F3 · ownership.nature: These Class A Shares are owned directly by Verde Investments, Inc., an entity which Mr. Garcia wholly owns and controls.

SEC source: 0000950170-24-086988 · ownership.xml · nonDerivative · entry 7

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

VERDE INVESTMENTS, INC. · CIK 0001704727 · 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: Indirect · Verde Investments, Inc.

Disclosed balance after: 1,930,842

F1 · 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 March 11, 2024.

F4 · price: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $122.46 to $123.44, inclusive (weighted average of $122.9436); $123.50 to $124.46, inclusive (weighted average of $123.9588); $124.505 to $125.49, inclusive (weighted average of $125.1018); $125.50 to $126.49, inclusive (weighted average of $125.8742); $126.51 to $127.48, inclusive (weighted average of $126.9695); $127.52 to $128.50, inclusive (weighted average of $127.9485); $128.58 to $129.56, inclusive (weighted average of $129.0259); $129.63 to $130.60, inclusive (weighted average of $120.1281); and $130.66 to $131.56, inclusive (weighted average of $131.0535), 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.

F3 · ownership.nature: These Class A Shares are owned directly by Verde Investments, Inc., an entity which Mr. Garcia wholly owns and controls.

SEC source: 0000950170-24-086988 · ownership.xml · nonDerivative · entry 6

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

VERDE INVESTMENTS, INC. · CIK 0001704727 · 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: Indirect · Verde Investments, Inc.

Disclosed balance after: 1,936,220

F1 · 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 March 11, 2024.

F4 · price: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $122.46 to $123.44, inclusive (weighted average of $122.9436); $123.50 to $124.46, inclusive (weighted average of $123.9588); $124.505 to $125.49, inclusive (weighted average of $125.1018); $125.50 to $126.49, inclusive (weighted average of $125.8742); $126.51 to $127.48, inclusive (weighted average of $126.9695); $127.52 to $128.50, inclusive (weighted average of $127.9485); $128.58 to $129.56, inclusive (weighted average of $129.0259); $129.63 to $130.60, inclusive (weighted average of $120.1281); and $130.66 to $131.56, inclusive (weighted average of $131.0535), 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.

F3 · ownership.nature: These Class A Shares are owned directly by Verde Investments, Inc., an entity which Mr. Garcia wholly owns and controls.

SEC source: 0000950170-24-086988 · ownership.xml · nonDerivative · entry 5

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

VERDE INVESTMENTS, INC. · CIK 0001704727 · 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: Indirect · Verde Investments, Inc.

Disclosed balance after: 1,940,814

F1 · 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 March 11, 2024.

F2 · price: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $122.94 to $123.91, inclusive (weighted average of $123.4011); $123.96 to $124.94, inclusive (weighted average of $124.4129); $124.97 to $125.95, inclusive (weighted average of $125.4333); $125.99 to $126.98, inclusive (weighted average of $126.3332); and $126.99 to $127.86, inclusive (weighted average of $127.2804), 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.

F3 · ownership.nature: These Class A Shares are owned directly by Verde Investments, Inc., an entity which Mr. Garcia wholly owns and controls.

SEC source: 0000950170-24-086988 · ownership.xml · nonDerivative · entry 4

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

VERDE INVESTMENTS, INC. · CIK 0001704727 · 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: Indirect · Verde Investments, Inc.

Disclosed balance after: 1,944,852

F1 · 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 March 11, 2024.

F2 · price: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $122.94 to $123.91, inclusive (weighted average of $123.4011); $123.96 to $124.94, inclusive (weighted average of $124.4129); $124.97 to $125.95, inclusive (weighted average of $125.4333); $125.99 to $126.98, inclusive (weighted average of $126.3332); and $126.99 to $127.86, inclusive (weighted average of $127.2804), 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.

F3 · ownership.nature: These Class A Shares are owned directly by Verde Investments, Inc., an entity which Mr. Garcia wholly owns and controls.

SEC source: 0000950170-24-086988 · ownership.xml · nonDerivative · entry 3

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

VERDE INVESTMENTS, INC. · CIK 0001704727 · 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: Indirect · Verde Investments, Inc.

Disclosed balance after: 1,968,025

F1 · 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 March 11, 2024.

F2 · price: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $122.94 to $123.91, inclusive (weighted average of $123.4011); $123.96 to $124.94, inclusive (weighted average of $124.4129); $124.97 to $125.95, inclusive (weighted average of $125.4333); $125.99 to $126.98, inclusive (weighted average of $126.3332); and $126.99 to $127.86, inclusive (weighted average of $127.2804), 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.

F3 · ownership.nature: These Class A Shares are owned directly by Verde Investments, Inc., an entity which Mr. Garcia wholly owns and controls.

SEC source: 0000950170-24-086988 · ownership.xml · nonDerivative · entry 2

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

VERDE INVESTMENTS, INC. · CIK 0001704727 · 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: Indirect · Verde Investments, Inc.

Disclosed balance after: 1,986,617

F1 · 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 March 11, 2024.

F2 · price: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $122.94 to $123.91, inclusive (weighted average of $123.4011); $123.96 to $124.94, inclusive (weighted average of $124.4129); $124.97 to $125.95, inclusive (weighted average of $125.4333); $125.99 to $126.98, inclusive (weighted average of $126.3332); and $126.99 to $127.86, inclusive (weighted average of $127.2804), 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.

F3 · ownership.nature: These Class A Shares are owned directly by Verde Investments, Inc., an entity which Mr. Garcia wholly owns and controls.

SEC source: 0000950170-24-086988 · ownership.xml · nonDerivative · entry 1

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

VERDE INVESTMENTS, INC. · CIK 0001704727 · 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: Indirect · Verde Investments, Inc.

Disclosed balance after: 2,000,526

F1 · 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 March 11, 2024.

F2 · price: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $122.94 to $123.91, inclusive (weighted average of $123.4011); $123.96 to $124.94, inclusive (weighted average of $124.4129); $124.97 to $125.95, inclusive (weighted average of $125.4333); $125.99 to $126.98, inclusive (weighted average of $126.3332); and $126.99 to $127.86, inclusive (weighted average of $127.2804), 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.

F3 · ownership.nature: These Class A Shares are owned directly by Verde Investments, Inc., an entity which Mr. Garcia wholly owns and controls.

SEC source: 0000950170-24-086196 · ownership.xml · nonDerivative · entry 15

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

VERDE INVESTMENTS, INC. · CIK 0001704727 · 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: Indirect · Verde Investments, Inc.

Disclosed balance after: 2,015,814

F1 · 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 March 11, 2024.

F4 · price: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $124.319 to $125.30, inclusive (weighted average of $124.7518); $125.32 to $126.31, inclusive (weighted average of $126.0147); $126.32 to $127.2678, inclusive (weighted average of $126.6807); $127.33 to $128.3227, inclusive (weighted average of $128.0068); $128.3329 to $129.32, inclusive (weighted average of $128.8217); $129.3373 to $130.31, inclusive (weighted average of $129.7992); and $130.37 to $130.44, inclusive (weighted average of $130.3938), 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.

F3 · ownership.nature: These Class A Shares are owned directly by Verde Investments, Inc., an entity which Mr. Garcia wholly owns and controls.

SEC source: 0000950170-24-086196 · ownership.xml · nonDerivative · entry 14

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

VERDE INVESTMENTS, INC. · CIK 0001704727 · 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: Indirect · Verde Investments, Inc.

Disclosed balance after: 2,016,614

F1 · 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 March 11, 2024.

F4 · price: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $124.319 to $125.30, inclusive (weighted average of $124.7518); $125.32 to $126.31, inclusive (weighted average of $126.0147); $126.32 to $127.2678, inclusive (weighted average of $126.6807); $127.33 to $128.3227, inclusive (weighted average of $128.0068); $128.3329 to $129.32, inclusive (weighted average of $128.8217); $129.3373 to $130.31, inclusive (weighted average of $129.7992); and $130.37 to $130.44, inclusive (weighted average of $130.3938), 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.

F3 · ownership.nature: These Class A Shares are owned directly by Verde Investments, Inc., an entity which Mr. Garcia wholly owns and controls.

SEC source: 0000950170-24-086196 · ownership.xml · nonDerivative · entry 13

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

VERDE INVESTMENTS, INC. · CIK 0001704727 · 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: Indirect · Verde Investments, Inc.

Disclosed balance after: 2,038,059

F1 · 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 March 11, 2024.

F4 · price: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $124.319 to $125.30, inclusive (weighted average of $124.7518); $125.32 to $126.31, inclusive (weighted average of $126.0147); $126.32 to $127.2678, inclusive (weighted average of $126.6807); $127.33 to $128.3227, inclusive (weighted average of $128.0068); $128.3329 to $129.32, inclusive (weighted average of $128.8217); $129.3373 to $130.31, inclusive (weighted average of $129.7992); and $130.37 to $130.44, inclusive (weighted average of $130.3938), 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.

F3 · ownership.nature: These Class A Shares are owned directly by Verde Investments, Inc., an entity which Mr. Garcia wholly owns and controls.

SEC source: 0000950170-24-086196 · ownership.xml · nonDerivative · entry 12

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

VERDE INVESTMENTS, INC. · CIK 0001704727 · 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: Indirect · Verde Investments, Inc.

Disclosed balance after: 2,055,971

F1 · 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 March 11, 2024.

F4 · price: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $124.319 to $125.30, inclusive (weighted average of $124.7518); $125.32 to $126.31, inclusive (weighted average of $126.0147); $126.32 to $127.2678, inclusive (weighted average of $126.6807); $127.33 to $128.3227, inclusive (weighted average of $128.0068); $128.3329 to $129.32, inclusive (weighted average of $128.8217); $129.3373 to $130.31, inclusive (weighted average of $129.7992); and $130.37 to $130.44, inclusive (weighted average of $130.3938), 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.

F3 · ownership.nature: These Class A Shares are owned directly by Verde Investments, Inc., an entity which Mr. Garcia wholly owns and controls.

SEC source: 0000950170-24-086196 · ownership.xml · nonDerivative · entry 11

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

VERDE INVESTMENTS, INC. · CIK 0001704727 · 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: Indirect · Verde Investments, Inc.

Disclosed balance after: 2,067,931

F1 · 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 March 11, 2024.

F4 · price: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $124.319 to $125.30, inclusive (weighted average of $124.7518); $125.32 to $126.31, inclusive (weighted average of $126.0147); $126.32 to $127.2678, inclusive (weighted average of $126.6807); $127.33 to $128.3227, inclusive (weighted average of $128.0068); $128.3329 to $129.32, inclusive (weighted average of $128.8217); $129.3373 to $130.31, inclusive (weighted average of $129.7992); and $130.37 to $130.44, inclusive (weighted average of $130.3938), 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.

F3 · ownership.nature: These Class A Shares are owned directly by Verde Investments, Inc., an entity which Mr. Garcia wholly owns and controls.

SEC source: 0000950170-24-086196 · ownership.xml · nonDerivative · entry 10

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

VERDE INVESTMENTS, INC. · CIK 0001704727 · 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: Indirect · Verde Investments, Inc.

Disclosed balance after: 2,077,894

F1 · 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 March 11, 2024.

F4 · price: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $124.319 to $125.30, inclusive (weighted average of $124.7518); $125.32 to $126.31, inclusive (weighted average of $126.0147); $126.32 to $127.2678, inclusive (weighted average of $126.6807); $127.33 to $128.3227, inclusive (weighted average of $128.0068); $128.3329 to $129.32, inclusive (weighted average of $128.8217); $129.3373 to $130.31, inclusive (weighted average of $129.7992); and $130.37 to $130.44, inclusive (weighted average of $130.3938), 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.

F3 · ownership.nature: These Class A Shares are owned directly by Verde Investments, Inc., an entity which Mr. Garcia wholly owns and controls.

SEC source: 0000950170-24-086196 · ownership.xml · nonDerivative · entry 9

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

VERDE INVESTMENTS, INC. · CIK 0001704727 · 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: Indirect · Verde Investments, Inc.

Disclosed balance after: 2,088,257

F1 · 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 March 11, 2024.

F4 · price: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $124.319 to $125.30, inclusive (weighted average of $124.7518); $125.32 to $126.31, inclusive (weighted average of $126.0147); $126.32 to $127.2678, inclusive (weighted average of $126.6807); $127.33 to $128.3227, inclusive (weighted average of $128.0068); $128.3329 to $129.32, inclusive (weighted average of $128.8217); $129.3373 to $130.31, inclusive (weighted average of $129.7992); and $130.37 to $130.44, inclusive (weighted average of $130.3938), 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.

F3 · ownership.nature: These Class A Shares are owned directly by Verde Investments, Inc., an entity which Mr. Garcia wholly owns and controls.

SEC source: 0000950170-24-086196 · ownership.xml · nonDerivative · entry 8

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

VERDE INVESTMENTS, INC. · CIK 0001704727 · 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: Indirect · Verde Investments, Inc.

Disclosed balance after: 2,090,814

F1 · 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 March 11, 2024.

F2 · price: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $127.29 to $128.28, inclusive (weighted average of $127.8178); $128.29 to $129.28, inclusive (weighted average of $128.8397); $129.29 to $130.25, inclusive (weighted average of $129.6926); $130.47 to $130.80, inclusive (weighted average of $130.67); $131.92 to $132.91, inclusive (weighted average of $132.5271); $132.95 to $133.88, inclusive (weighted average of $133.2223); $133.98 to $134.90, inclusive (weighted average of $134.4246); and $134.99 to $135.21, inclusive (weighted average of $135.0325), 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.

F3 · ownership.nature: These Class A Shares are owned directly by Verde Investments, Inc., an entity which Mr. Garcia wholly owns and controls.

SEC source: 0000950170-24-086196 · ownership.xml · nonDerivative · entry 7

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

VERDE INVESTMENTS, INC. · CIK 0001704727 · 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: Indirect · Verde Investments, Inc.

Disclosed balance after: 2,091,614

F1 · 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 March 11, 2024.

F2 · price: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $127.29 to $128.28, inclusive (weighted average of $127.8178); $128.29 to $129.28, inclusive (weighted average of $128.8397); $129.29 to $130.25, inclusive (weighted average of $129.6926); $130.47 to $130.80, inclusive (weighted average of $130.67); $131.92 to $132.91, inclusive (weighted average of $132.5271); $132.95 to $133.88, inclusive (weighted average of $133.2223); $133.98 to $134.90, inclusive (weighted average of $134.4246); and $134.99 to $135.21, inclusive (weighted average of $135.0325), 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.

F3 · ownership.nature: These Class A Shares are owned directly by Verde Investments, Inc., an entity which Mr. Garcia wholly owns and controls.

SEC source: 0000950170-24-086196 · ownership.xml · nonDerivative · entry 6

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

VERDE INVESTMENTS, INC. · CIK 0001704727 · 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: Indirect · Verde Investments, Inc.

Disclosed balance after: 2,095,506

F1 · 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 March 11, 2024.

F2 · price: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $127.29 to $128.28, inclusive (weighted average of $127.8178); $128.29 to $129.28, inclusive (weighted average of $128.8397); $129.29 to $130.25, inclusive (weighted average of $129.6926); $130.47 to $130.80, inclusive (weighted average of $130.67); $131.92 to $132.91, inclusive (weighted average of $132.5271); $132.95 to $133.88, inclusive (weighted average of $133.2223); $133.98 to $134.90, inclusive (weighted average of $134.4246); and $134.99 to $135.21, inclusive (weighted average of $135.0325), 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.

F3 · ownership.nature: These Class A Shares are owned directly by Verde Investments, Inc., an entity which Mr. Garcia wholly owns and controls.

SEC source: 0000950170-24-086196 · ownership.xml · nonDerivative · entry 5

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

VERDE INVESTMENTS, INC. · CIK 0001704727 · 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: Indirect · Verde Investments, Inc.

Disclosed balance after: 2,109,993

F1 · 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 March 11, 2024.

F2 · price: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $127.29 to $128.28, inclusive (weighted average of $127.8178); $128.29 to $129.28, inclusive (weighted average of $128.8397); $129.29 to $130.25, inclusive (weighted average of $129.6926); $130.47 to $130.80, inclusive (weighted average of $130.67); $131.92 to $132.91, inclusive (weighted average of $132.5271); $132.95 to $133.88, inclusive (weighted average of $133.2223); $133.98 to $134.90, inclusive (weighted average of $134.4246); and $134.99 to $135.21, inclusive (weighted average of $135.0325), 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.

F3 · ownership.nature: These Class A Shares are owned directly by Verde Investments, Inc., an entity which Mr. Garcia wholly owns and controls.

SEC source: 0000950170-24-086196 · ownership.xml · nonDerivative · entry 4

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

VERDE INVESTMENTS, INC. · CIK 0001704727 · 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: Indirect · Verde Investments, Inc.

Disclosed balance after: 2,124,474

F1 · 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 March 11, 2024.

F2 · price: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $127.29 to $128.28, inclusive (weighted average of $127.8178); $128.29 to $129.28, inclusive (weighted average of $128.8397); $129.29 to $130.25, inclusive (weighted average of $129.6926); $130.47 to $130.80, inclusive (weighted average of $130.67); $131.92 to $132.91, inclusive (weighted average of $132.5271); $132.95 to $133.88, inclusive (weighted average of $133.2223); $133.98 to $134.90, inclusive (weighted average of $134.4246); and $134.99 to $135.21, inclusive (weighted average of $135.0325), 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.

F3 · ownership.nature: These Class A Shares are owned directly by Verde Investments, Inc., an entity which Mr. Garcia wholly owns and controls.

SEC source: 0000950170-24-086196 · ownership.xml · nonDerivative · entry 3

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

VERDE INVESTMENTS, INC. · CIK 0001704727 · 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: Indirect · Verde Investments, Inc.

Disclosed balance after: 2,125,674

F1 · 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 March 11, 2024.

F2 · price: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $127.29 to $128.28, inclusive (weighted average of $127.8178); $128.29 to $129.28, inclusive (weighted average of $128.8397); $129.29 to $130.25, inclusive (weighted average of $129.6926); $130.47 to $130.80, inclusive (weighted average of $130.67); $131.92 to $132.91, inclusive (weighted average of $132.5271); $132.95 to $133.88, inclusive (weighted average of $133.2223); $133.98 to $134.90, inclusive (weighted average of $134.4246); and $134.99 to $135.21, inclusive (weighted average of $135.0325), 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.

F3 · ownership.nature: These Class A Shares are owned directly by Verde Investments, Inc., an entity which Mr. Garcia wholly owns and controls.

SEC source: 0000950170-24-086196 · ownership.xml · nonDerivative · entry 2

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

VERDE INVESTMENTS, INC. · CIK 0001704727 · 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: Indirect · Verde Investments, Inc.

Disclosed balance after: 2,138,430

F1 · 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 March 11, 2024.

F2 · price: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $127.29 to $128.28, inclusive (weighted average of $127.8178); $128.29 to $129.28, inclusive (weighted average of $128.8397); $129.29 to $130.25, inclusive (weighted average of $129.6926); $130.47 to $130.80, inclusive (weighted average of $130.67); $131.92 to $132.91, inclusive (weighted average of $132.5271); $132.95 to $133.88, inclusive (weighted average of $133.2223); $133.98 to $134.90, inclusive (weighted average of $134.4246); and $134.99 to $135.21, inclusive (weighted average of $135.0325), 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.

F3 · ownership.nature: These Class A Shares are owned directly by Verde Investments, Inc., an entity which Mr. Garcia wholly owns and controls.

SEC source: 0000950170-24-086196 · ownership.xml · nonDerivative · entry 1

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

VERDE INVESTMENTS, INC. · CIK 0001704727 · 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: Indirect · Verde Investments, Inc.

Disclosed balance after: 2,152,940

F1 · 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 March 11, 2024.

F2 · price: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $127.29 to $128.28, inclusive (weighted average of $127.8178); $128.29 to $129.28, inclusive (weighted average of $128.8397); $129.29 to $130.25, inclusive (weighted average of $129.6926); $130.47 to $130.80, inclusive (weighted average of $130.67); $131.92 to $132.91, inclusive (weighted average of $132.5271); $132.95 to $133.88, inclusive (weighted average of $133.2223); $133.98 to $134.90, inclusive (weighted average of $134.4246); and $134.99 to $135.21, inclusive (weighted average of $135.0325), 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.

F3 · ownership.nature: These Class A Shares are owned directly by Verde Investments, Inc., an entity which Mr. Garcia wholly owns and controls.

SEC source: 0000950170-24-085272 · ownership.xml · nonDerivative · entry 17

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

VERDE INVESTMENTS, INC. · CIK 0001704727 · 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: Indirect · Verde Investments, Inc.

Disclosed balance after: 2,165,814

F1 · 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 March 11, 2024.

F4 · price: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $128.7956 to $129.7947, inclusive (weighted average of $129.4916); $129.8115 to $130.8013, inclusive (weighted average of $130.2765); $130.83 to $131.82, inclusive (weighted average of $131.481); $131.83 to $132.8299, inclusive (weighted average of $132.2616); $132.8499 to $133.8468, inclusive (weighted average of $133.4083); $133.85 to $134.84, inclusive (weighted average of $134.3322); $134.85 to $135.82, inclusive (weighted average of $135.2751); and $135.85 to $136.12, inclusive (weighted average of $135.9289), 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.

F3 · ownership.nature: These Class A Shares are owned directly by Verde Investments, Inc., an entity which Mr. Garcia wholly owns and controls.

SEC source: 0000950170-24-085272 · ownership.xml · nonDerivative · entry 16

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

VERDE INVESTMENTS, INC. · CIK 0001704727 · 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: Indirect · Verde Investments, Inc.

Disclosed balance after: 2,167,935

F1 · 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 March 11, 2024.

F4 · price: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $128.7956 to $129.7947, inclusive (weighted average of $129.4916); $129.8115 to $130.8013, inclusive (weighted average of $130.2765); $130.83 to $131.82, inclusive (weighted average of $131.481); $131.83 to $132.8299, inclusive (weighted average of $132.2616); $132.8499 to $133.8468, inclusive (weighted average of $133.4083); $133.85 to $134.84, inclusive (weighted average of $134.3322); $134.85 to $135.82, inclusive (weighted average of $135.2751); and $135.85 to $136.12, inclusive (weighted average of $135.9289), 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.

F3 · ownership.nature: These Class A Shares are owned directly by Verde Investments, Inc., an entity which Mr. Garcia wholly owns and controls.

SEC source: 0000950170-24-085272 · ownership.xml · nonDerivative · entry 15

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

VERDE INVESTMENTS, INC. · CIK 0001704727 · 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: Indirect · Verde Investments, Inc.

Disclosed balance after: 2,178,901

F1 · 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 March 11, 2024.

F4 · price: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $128.7956 to $129.7947, inclusive (weighted average of $129.4916); $129.8115 to $130.8013, inclusive (weighted average of $130.2765); $130.83 to $131.82, inclusive (weighted average of $131.481); $131.83 to $132.8299, inclusive (weighted average of $132.2616); $132.8499 to $133.8468, inclusive (weighted average of $133.4083); $133.85 to $134.84, inclusive (weighted average of $134.3322); $134.85 to $135.82, inclusive (weighted average of $135.2751); and $135.85 to $136.12, inclusive (weighted average of $135.9289), 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.

F3 · ownership.nature: These Class A Shares are owned directly by Verde Investments, Inc., an entity which Mr. Garcia wholly owns and controls.

SEC source: 0000950170-24-085272 · ownership.xml · nonDerivative · entry 14

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

VERDE INVESTMENTS, INC. · CIK 0001704727 · 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: Indirect · Verde Investments, Inc.

Disclosed balance after: 2,191,861

F1 · 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 March 11, 2024.

F4 · price: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $128.7956 to $129.7947, inclusive (weighted average of $129.4916); $129.8115 to $130.8013, inclusive (weighted average of $130.2765); $130.83 to $131.82, inclusive (weighted average of $131.481); $131.83 to $132.8299, inclusive (weighted average of $132.2616); $132.8499 to $133.8468, inclusive (weighted average of $133.4083); $133.85 to $134.84, inclusive (weighted average of $134.3322); $134.85 to $135.82, inclusive (weighted average of $135.2751); and $135.85 to $136.12, inclusive (weighted average of $135.9289), 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.

F3 · ownership.nature: These Class A Shares are owned directly by Verde Investments, Inc., an entity which Mr. Garcia wholly owns and controls.

SEC source: 0000950170-24-085272 · ownership.xml · nonDerivative · entry 13

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

VERDE INVESTMENTS, INC. · CIK 0001704727 · 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: Indirect · Verde Investments, Inc.

Disclosed balance after: 2,198,384

F1 · 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 March 11, 2024.

F4 · price: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $128.7956 to $129.7947, inclusive (weighted average of $129.4916); $129.8115 to $130.8013, inclusive (weighted average of $130.2765); $130.83 to $131.82, inclusive (weighted average of $131.481); $131.83 to $132.8299, inclusive (weighted average of $132.2616); $132.8499 to $133.8468, inclusive (weighted average of $133.4083); $133.85 to $134.84, inclusive (weighted average of $134.3322); $134.85 to $135.82, inclusive (weighted average of $135.2751); and $135.85 to $136.12, inclusive (weighted average of $135.9289), 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.

F3 · ownership.nature: These Class A Shares are owned directly by Verde Investments, Inc., an entity which Mr. Garcia wholly owns and controls.

SEC source: 0000950170-24-085272 · ownership.xml · nonDerivative · entry 12

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

VERDE INVESTMENTS, INC. · CIK 0001704727 · 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: Indirect · Verde Investments, Inc.

Disclosed balance after: 2,209,760

F1 · 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 March 11, 2024.

F4 · price: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $128.7956 to $129.7947, inclusive (weighted average of $129.4916); $129.8115 to $130.8013, inclusive (weighted average of $130.2765); $130.83 to $131.82, inclusive (weighted average of $131.481); $131.83 to $132.8299, inclusive (weighted average of $132.2616); $132.8499 to $133.8468, inclusive (weighted average of $133.4083); $133.85 to $134.84, inclusive (weighted average of $134.3322); $134.85 to $135.82, inclusive (weighted average of $135.2751); and $135.85 to $136.12, inclusive (weighted average of $135.9289), 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.

F3 · ownership.nature: These Class A Shares are owned directly by Verde Investments, Inc., an entity which Mr. Garcia wholly owns and controls.

SEC source: 0000950170-24-085272 · ownership.xml · nonDerivative · entry 11

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

VERDE INVESTMENTS, INC. · CIK 0001704727 · 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: Indirect · Verde Investments, Inc.

Disclosed balance after: 2,217,578

F1 · 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 March 11, 2024.

F4 · price: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $128.7956 to $129.7947, inclusive (weighted average of $129.4916); $129.8115 to $130.8013, inclusive (weighted average of $130.2765); $130.83 to $131.82, inclusive (weighted average of $131.481); $131.83 to $132.8299, inclusive (weighted average of $132.2616); $132.8499 to $133.8468, inclusive (weighted average of $133.4083); $133.85 to $134.84, inclusive (weighted average of $134.3322); $134.85 to $135.82, inclusive (weighted average of $135.2751); and $135.85 to $136.12, inclusive (weighted average of $135.9289), 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.

F3 · ownership.nature: These Class A Shares are owned directly by Verde Investments, Inc., an entity which Mr. Garcia wholly owns and controls.

SEC source: 0000950170-24-085272 · ownership.xml · nonDerivative · entry 10

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

VERDE INVESTMENTS, INC. · CIK 0001704727 · 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: Indirect · Verde Investments, Inc.

Disclosed balance after: 2,233,936

F1 · 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 March 11, 2024.

F4 · price: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $128.7956 to $129.7947, inclusive (weighted average of $129.4916); $129.8115 to $130.8013, inclusive (weighted average of $130.2765); $130.83 to $131.82, inclusive (weighted average of $131.481); $131.83 to $132.8299, inclusive (weighted average of $132.2616); $132.8499 to $133.8468, inclusive (weighted average of $133.4083); $133.85 to $134.84, inclusive (weighted average of $134.3322); $134.85 to $135.82, inclusive (weighted average of $135.2751); and $135.85 to $136.12, inclusive (weighted average of $135.9289), 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.

F3 · ownership.nature: These Class A Shares are owned directly by Verde Investments, Inc., an entity which Mr. Garcia wholly owns and controls.

SEC source: 0001690820-24-000256 · wk-form4_1721343901.xml · derivative · entry 4

BREAUX PAUL W. · CIK 0001700545 · See Remarks

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 14,219

Underlying: Class A Common Stock · 8,186 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 · kind: The reported conversions and sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 9, 2023 (the "10b5-1 Plan").

F3 · kind: The Reporting Person was granted 25,000 Class B Units on September 23, 2016 with a participation threshold of $5.8114; 5,000 of which vested on August 9, 2017 and 416 of which vested on the first of each month thereafter. The Class B Units have no expiration date.

F1 · shares: The reported conversions and sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 9, 2023 (the "10b5-1 Plan").

F3 · shares: The Reporting Person was granted 25,000 Class B Units on September 23, 2016 with a participation threshold of $5.8114; 5,000 of which vested on August 9, 2017 and 416 of which vested on the first of each month thereafter. The Class B Units have no expiration date.

F3 · derivative.exercise_date: The Reporting Person was granted 25,000 Class B Units on September 23, 2016 with a participation threshold of $5.8114; 5,000 of which vested on August 9, 2017 and 416 of which vested on the first of each month thereafter. The Class B Units have no expiration date.

F3 · derivative.expiration_date: The Reporting Person was granted 25,000 Class B Units on September 23, 2016 with a participation threshold of $5.8114; 5,000 of which vested on August 9, 2017 and 416 of which vested on the first of each month thereafter. The Class B Units have no expiration date.

F4 · derivative.underlying_shares: Pursuant to an exchange agreement among the Issuer and certain common unit holders of Carvana Group, LLC, dated April 27, 2017 (the "Exchange Agreement"), holders of Class B Units may exchange their Class B Units for a number of shares of the Issuer's Class A Common Stock equal to the Class A Common Stock Value less the Adjusted Participation Threshold (as each term is defined in the Exchange Agreement) multiplied by 0.8 times the number of Class B Units being exchanged, divided by the Class A Common Stock Value.

SEC source: 0001690820-24-000256 · wk-form4_1721343901.xml · derivative · entry 3

BREAUX PAUL W. · CIK 0001700545 · See Remarks

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 0

Underlying: Class A Common Stock · 6,814 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 · kind: The reported conversions and sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 9, 2023 (the "10b5-1 Plan").

F2 · kind: The Reporting Person was granted 250,000 Class B Units on December 30, 2015 with a participation threshold of $4.878; 50,000 of which vested on August 3, 2016 and 4,167 of which vested on the first of each month thereafter. The Reporting Person was also granted 12,500 Class B Units on January 29, 2016 with a participation threshold of $4.878; 2,500 of which vested on August 3, 2016 and 209 of which vested on the first of each month thereafter. The Class B Units have no expiration date.

F1 · shares: The reported conversions and sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 9, 2023 (the "10b5-1 Plan").

F2 · shares: The Reporting Person was granted 250,000 Class B Units on December 30, 2015 with a participation threshold of $4.878; 50,000 of which vested on August 3, 2016 and 4,167 of which vested on the first of each month thereafter. The Reporting Person was also granted 12,500 Class B Units on January 29, 2016 with a participation threshold of $4.878; 2,500 of which vested on August 3, 2016 and 209 of which vested on the first of each month thereafter. The Class B Units have no expiration date.

F2 · derivative.exercise_date: The Reporting Person was granted 250,000 Class B Units on December 30, 2015 with a participation threshold of $4.878; 50,000 of which vested on August 3, 2016 and 4,167 of which vested on the first of each month thereafter. The Reporting Person was also granted 12,500 Class B Units on January 29, 2016 with a participation threshold of $4.878; 2,500 of which vested on August 3, 2016 and 209 of which vested on the first of each month thereafter. The Class B Units have no expiration date.

F2 · derivative.expiration_date: The Reporting Person was granted 250,000 Class B Units on December 30, 2015 with a participation threshold of $4.878; 50,000 of which vested on August 3, 2016 and 4,167 of which vested on the first of each month thereafter. The Reporting Person was also granted 12,500 Class B Units on January 29, 2016 with a participation threshold of $4.878; 2,500 of which vested on August 3, 2016 and 209 of which vested on the first of each month thereafter. The Class B Units have no expiration date.

F4 · derivative.underlying_shares: Pursuant to an exchange agreement among the Issuer and certain common unit holders of Carvana Group, LLC, dated April 27, 2017 (the "Exchange Agreement"), holders of Class B Units may exchange their Class B Units for a number of shares of the Issuer's Class A Common Stock equal to the Class A Common Stock Value less the Adjusted Participation Threshold (as each term is defined in the Exchange Agreement) multiplied by 0.8 times the number of Class B Units being exchanged, divided by the Class A Common Stock Value.

SEC source: 0001690820-24-000256 · wk-form4_1721343901.xml · nonDerivative · entry 2

BREAUX PAUL W. · CIK 0001700545 · See Remarks

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 129,124

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 conversions and sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 9, 2023 (the "10b5-1 Plan").

F2 · price: The Reporting Person was granted 250,000 Class B Units on December 30, 2015 with a participation threshold of $4.878; 50,000 of which vested on August 3, 2016 and 4,167 of which vested on the first of each month thereafter. The Reporting Person was also granted 12,500 Class B Units on January 29, 2016 with a participation threshold of $4.878; 2,500 of which vested on August 3, 2016 and 209 of which vested on the first of each month thereafter. The Class B Units have no expiration date.

F3 · price: The Reporting Person was granted 25,000 Class B Units on September 23, 2016 with a participation threshold of $5.8114; 5,000 of which vested on August 9, 2017 and 416 of which vested on the first of each month thereafter. The Class B Units have no expiration date.

F4 · price: Pursuant to an exchange agreement among the Issuer and certain common unit holders of Carvana Group, LLC, dated April 27, 2017 (the "Exchange Agreement"), holders of Class B Units may exchange their Class B Units for a number of shares of the Issuer's Class A Common Stock equal to the Class A Common Stock Value less the Adjusted Participation Threshold (as each term is defined in the Exchange Agreement) multiplied by 0.8 times the number of Class B Units being exchanged, divided by the Class A Common Stock Value.

SEC source: 0000950170-24-085272 · ownership.xml · nonDerivative · entry 9

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

VERDE INVESTMENTS, INC. · CIK 0001704727 · 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: Indirect · Verde Investments, Inc.

Disclosed balance after: 2,240,814

F1 · 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 March 11, 2024.

F2 · price: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $128.32 to $129.30, inclusive (weighted average of $128.909); $129.32 to $130.31, inclusive (weighted average of $129.824); $130.32 to $131.25, inclusive (weighted average of $130.6468); $131.44 to $132.43, inclusive (weighted average of $131.8759); $132.46 to $133.44, inclusive (weighted average of $132.8929); $133.46 to $134.44, inclusive (weighted average of $133.9445); $134.49 to $135.48, inclusive (weighted average of $134.9465); $135.50 to $136.48, inclusive (weighted average of $135.9773); and $136.50 to $137.27, inclusive (weighted average of $136.8179), 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.

F3 · ownership.nature: These Class A Shares are owned directly by Verde Investments, Inc., an entity which Mr. Garcia wholly owns and controls.

SEC source: 0000950170-24-085272 · ownership.xml · nonDerivative · entry 8

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

VERDE INVESTMENTS, INC. · CIK 0001704727 · 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: Indirect · Verde Investments, Inc.

Disclosed balance after: 2,248,014

F1 · 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 March 11, 2024.

F2 · price: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $128.32 to $129.30, inclusive (weighted average of $128.909); $129.32 to $130.31, inclusive (weighted average of $129.824); $130.32 to $131.25, inclusive (weighted average of $130.6468); $131.44 to $132.43, inclusive (weighted average of $131.8759); $132.46 to $133.44, inclusive (weighted average of $132.8929); $133.46 to $134.44, inclusive (weighted average of $133.9445); $134.49 to $135.48, inclusive (weighted average of $134.9465); $135.50 to $136.48, inclusive (weighted average of $135.9773); and $136.50 to $137.27, inclusive (weighted average of $136.8179), 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.

F3 · ownership.nature: These Class A Shares are owned directly by Verde Investments, Inc., an entity which Mr. Garcia wholly owns and controls.

SEC source: 0000950170-24-085272 · ownership.xml · nonDerivative · entry 7

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

VERDE INVESTMENTS, INC. · CIK 0001704727 · 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: Indirect · Verde Investments, Inc.

Disclosed balance after: 2,253,414

F1 · 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 March 11, 2024.

F2 · price: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $128.32 to $129.30, inclusive (weighted average of $128.909); $129.32 to $130.31, inclusive (weighted average of $129.824); $130.32 to $131.25, inclusive (weighted average of $130.6468); $131.44 to $132.43, inclusive (weighted average of $131.8759); $132.46 to $133.44, inclusive (weighted average of $132.8929); $133.46 to $134.44, inclusive (weighted average of $133.9445); $134.49 to $135.48, inclusive (weighted average of $134.9465); $135.50 to $136.48, inclusive (weighted average of $135.9773); and $136.50 to $137.27, inclusive (weighted average of $136.8179), 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.

F3 · ownership.nature: These Class A Shares are owned directly by Verde Investments, Inc., an entity which Mr. Garcia wholly owns and controls.

SEC source: 0000950170-24-085272 · ownership.xml · nonDerivative · entry 6

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

VERDE INVESTMENTS, INC. · CIK 0001704727 · 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: Indirect · Verde Investments, Inc.

Disclosed balance after: 2,258,769

F1 · 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 March 11, 2024.

F2 · price: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $128.32 to $129.30, inclusive (weighted average of $128.909); $129.32 to $130.31, inclusive (weighted average of $129.824); $130.32 to $131.25, inclusive (weighted average of $130.6468); $131.44 to $132.43, inclusive (weighted average of $131.8759); $132.46 to $133.44, inclusive (weighted average of $132.8929); $133.46 to $134.44, inclusive (weighted average of $133.9445); $134.49 to $135.48, inclusive (weighted average of $134.9465); $135.50 to $136.48, inclusive (weighted average of $135.9773); and $136.50 to $137.27, inclusive (weighted average of $136.8179), 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.

F3 · ownership.nature: These Class A Shares are owned directly by Verde Investments, Inc., an entity which Mr. Garcia wholly owns and controls.