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organization · Reporting owner

VERDE INVESTMENTS, INC.

Disclosed activity across 1 company

Tapewire entity
87973
SEC CIK
0001704727

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Reported relationships

Latest disclosed role at each company.

CompanyLast reported asReport datePublished
CARVANA CO.CVNA · Entity 233110% ownerAugust 23, 2024August 27, 2024

Disclosed balances

About these balances

Latest available filing per company, not a reconstructed current portfolio. Matching sequences show the last reported balance with all source rows expandable; grouping alone does not establish account ownership. Do not add unresolved positions together. Filings may omit unchanged positions, and amendments may correct only part of an older disclosure. Jointly reported shares are not necessarily this owner's personal holdings.

CARVANA CO.

Report date August 23, 2024 · Filed August 27, 2024

Jointly reported with GARCIA ERNEST C. II, ECG II SPE, LLC

Security / awardOwnership accountDisclosed shares / unitsDisclosure context
Class A Common StockSEC Table I · non-derivativeIndirectVerde Investments, Inc.0 Last balance in matching sequence After 2024-08-26 transaction · row 12 Source-order balances reconcile. Account continuity and personal attribution are not independently verified.
12 source rows

Row 1 · 2024-08-23 · Sale · Disposed 400 · Balance 190,414

F1: 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: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $151.62 to $151.74, inclusive (weighted average of $151.68); $152.63 to $153.62, inclusive (weighted average of $153.448); $153.63 to $154.6275, inclusive (weighted average of $154.0523); $154.63 to $155.625, inclusive (weighted average of $155.0979); $155.63 to $156.61, inclusive (weighted average of $156.1417); $156.65 to $157.645, inclusive (weighted average of $157.0767); $157.65 to $158.6475, inclusive (weighted average of $158.2514); and $158.65 to $159.53, inclusive (weighted average of $158.9475), 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: The Class A Common Stock ("Class A Shares") are owned directly by Verde Investments, Inc., an entity which Mr. Garcia wholly owns and controls.

Row 2 · 2024-08-23 · Sale · Disposed 7,913 · Balance 182,501

F1: 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: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $151.62 to $151.74, inclusive (weighted average of $151.68); $152.63 to $153.62, inclusive (weighted average of $153.448); $153.63 to $154.6275, inclusive (weighted average of $154.0523); $154.63 to $155.625, inclusive (weighted average of $155.0979); $155.63 to $156.61, inclusive (weighted average of $156.1417); $156.65 to $157.645, inclusive (weighted average of $157.0767); $157.65 to $158.6475, inclusive (weighted average of $158.2514); and $158.65 to $159.53, inclusive (weighted average of $158.9475), 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: The Class A Common Stock ("Class A Shares") are owned directly by Verde Investments, Inc., an entity which Mr. Garcia wholly owns and controls.

Row 3 · 2024-08-23 · Sale · Disposed 28,512 · Balance 153,989

F1: 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: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $151.62 to $151.74, inclusive (weighted average of $151.68); $152.63 to $153.62, inclusive (weighted average of $153.448); $153.63 to $154.6275, inclusive (weighted average of $154.0523); $154.63 to $155.625, inclusive (weighted average of $155.0979); $155.63 to $156.61, inclusive (weighted average of $156.1417); $156.65 to $157.645, inclusive (weighted average of $157.0767); $157.65 to $158.6475, inclusive (weighted average of $158.2514); and $158.65 to $159.53, inclusive (weighted average of $158.9475), 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: The Class A Common Stock ("Class A Shares") are owned directly by Verde Investments, Inc., an entity which Mr. Garcia wholly owns and controls.

Row 4 · 2024-08-23 · Sale · Disposed 12,826 · Balance 141,163

F1: 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: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $151.62 to $151.74, inclusive (weighted average of $151.68); $152.63 to $153.62, inclusive (weighted average of $153.448); $153.63 to $154.6275, inclusive (weighted average of $154.0523); $154.63 to $155.625, inclusive (weighted average of $155.0979); $155.63 to $156.61, inclusive (weighted average of $156.1417); $156.65 to $157.645, inclusive (weighted average of $157.0767); $157.65 to $158.6475, inclusive (weighted average of $158.2514); and $158.65 to $159.53, inclusive (weighted average of $158.9475), 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: The Class A Common Stock ("Class A Shares") are owned directly by Verde Investments, Inc., an entity which Mr. Garcia wholly owns and controls.

Row 5 · 2024-08-23 · Sale · Disposed 14,108 · Balance 127,055

F1: 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: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $151.62 to $151.74, inclusive (weighted average of $151.68); $152.63 to $153.62, inclusive (weighted average of $153.448); $153.63 to $154.6275, inclusive (weighted average of $154.0523); $154.63 to $155.625, inclusive (weighted average of $155.0979); $155.63 to $156.61, inclusive (weighted average of $156.1417); $156.65 to $157.645, inclusive (weighted average of $157.0767); $157.65 to $158.6475, inclusive (weighted average of $158.2514); and $158.65 to $159.53, inclusive (weighted average of $158.9475), 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: The Class A Common Stock ("Class A Shares") are owned directly by Verde Investments, Inc., an entity which Mr. Garcia wholly owns and controls.

Row 6 · 2024-08-23 · Sale · Disposed 10,938 · Balance 116,117

F1: 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: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $151.62 to $151.74, inclusive (weighted average of $151.68); $152.63 to $153.62, inclusive (weighted average of $153.448); $153.63 to $154.6275, inclusive (weighted average of $154.0523); $154.63 to $155.625, inclusive (weighted average of $155.0979); $155.63 to $156.61, inclusive (weighted average of $156.1417); $156.65 to $157.645, inclusive (weighted average of $157.0767); $157.65 to $158.6475, inclusive (weighted average of $158.2514); and $158.65 to $159.53, inclusive (weighted average of $158.9475), 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: The Class A Common Stock ("Class A Shares") are owned directly by Verde Investments, Inc., an entity which Mr. Garcia wholly owns and controls.

Row 7 · 2024-08-23 · Sale · Disposed 8,218 · Balance 107,899

F1: 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: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $151.62 to $151.74, inclusive (weighted average of $151.68); $152.63 to $153.62, inclusive (weighted average of $153.448); $153.63 to $154.6275, inclusive (weighted average of $154.0523); $154.63 to $155.625, inclusive (weighted average of $155.0979); $155.63 to $156.61, inclusive (weighted average of $156.1417); $156.65 to $157.645, inclusive (weighted average of $157.0767); $157.65 to $158.6475, inclusive (weighted average of $158.2514); and $158.65 to $159.53, inclusive (weighted average of $158.9475), 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: The Class A Common Stock ("Class A Shares") are owned directly by Verde Investments, Inc., an entity which Mr. Garcia wholly owns and controls.

Row 8 · 2024-08-23 · Sale · Disposed 17,085 · Balance 90,814

F1: 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: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $151.62 to $151.74, inclusive (weighted average of $151.68); $152.63 to $153.62, inclusive (weighted average of $153.448); $153.63 to $154.6275, inclusive (weighted average of $154.0523); $154.63 to $155.625, inclusive (weighted average of $155.0979); $155.63 to $156.61, inclusive (weighted average of $156.1417); $156.65 to $157.645, inclusive (weighted average of $157.0767); $157.65 to $158.6475, inclusive (weighted average of $158.2514); and $158.65 to $159.53, inclusive (weighted average of $158.9475), 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: The Class A Common Stock ("Class A Shares") are owned directly by Verde Investments, Inc., an entity which Mr. Garcia wholly owns and controls.

Row 9 · 2024-08-26 · Sale · Disposed 20,206 · Balance 70,608

F1: 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: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $154.60 to $155.59, inclusive (weighted average of $155.1685); $155.60 to $156.5925, inclusive (weighted average of $156.1029); $156.60 to $157.59, inclusive (weighted average of $157.1606); and $157.60 to $158.50, inclusive (weighted average of $157.898), 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: The Class A Common Stock ("Class A Shares") are owned directly by Verde Investments, Inc., an entity which Mr. Garcia wholly owns and controls.

Row 10 · 2024-08-26 · Sale · Disposed 29,221 · Balance 41,387

F1: 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: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $154.60 to $155.59, inclusive (weighted average of $155.1685); $155.60 to $156.5925, inclusive (weighted average of $156.1029); $156.60 to $157.59, inclusive (weighted average of $157.1606); and $157.60 to $158.50, inclusive (weighted average of $157.898), 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: The Class A Common Stock ("Class A Shares") are owned directly by Verde Investments, Inc., an entity which Mr. Garcia wholly owns and controls.

Row 11 · 2024-08-26 · Sale · Disposed 30,917 · Balance 10,470

F1: 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: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $154.60 to $155.59, inclusive (weighted average of $155.1685); $155.60 to $156.5925, inclusive (weighted average of $156.1029); $156.60 to $157.59, inclusive (weighted average of $157.1606); and $157.60 to $158.50, inclusive (weighted average of $157.898), 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: The Class A Common Stock ("Class A Shares") are owned directly by Verde Investments, Inc., an entity which Mr. Garcia wholly owns and controls.

Row 12 · 2024-08-26 · Sale · Disposed 10,470 · Balance 0

F1: 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: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $154.60 to $155.59, inclusive (weighted average of $155.1685); $155.60 to $156.5925, inclusive (weighted average of $156.1029); $156.60 to $157.59, inclusive (weighted average of $157.1606); and $157.60 to $158.50, inclusive (weighted average of $157.898), 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: The Class A Common Stock ("Class A Shares") are owned directly by Verde Investments, Inc., an entity which Mr. Garcia wholly owns and controls.

Class A Common StockSEC Table I · non-derivativeDirect9,186 Reported balance After 2024-08-26 transaction · row 13 Joint disclosure: continuity of the reported position is unresolved; see ownership footnotes.
1 source row

Row 13 · 2024-08-26 · Conversion · Acquired 9,186 · Balance 9,186

F5: 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 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").

Class A Common StockSEC Table I · non-derivativeDirect2,815 Reported balance After 2024-08-26 transaction · row 14 Joint disclosure: continuity of the reported position is unresolved; see ownership footnotes.
1 source row

Row 14 · 2024-08-26 · Sale · Disposed 6,371 · Balance 2,815

F1: 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.

F6: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $156.24 to $157.13, inclusive (weighted average of $156.4897); $157.31 to $157.89, inclusive (weighted average of $157.8404); and $158.49 to $158.50, inclusive (weighted average of $158.4967) 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.

Class A Common StockSEC Table I · non-derivativeDirect600 Reported balance After 2024-08-26 transaction · row 15 Joint disclosure: continuity of the reported position is unresolved; see ownership footnotes.
1 source row

Row 15 · 2024-08-26 · Sale · Disposed 2,215 · Balance 600

F1: 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.

F6: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $156.24 to $157.13, inclusive (weighted average of $156.4897); $157.31 to $157.89, inclusive (weighted average of $157.8404); and $158.49 to $158.50, inclusive (weighted average of $158.4967) 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.

Class A Common StockSEC Table I · non-derivativeDirect0 Reported balance After 2024-08-26 transaction · row 16 Joint disclosure: continuity of the reported position is unresolved; see ownership footnotes.
1 source row

Row 16 · 2024-08-26 · Sale · Disposed 600 · Balance 0

F1: 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.

F6: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $156.24 to $157.13, inclusive (weighted average of $156.4897); $157.31 to $157.89, inclusive (weighted average of $157.8404); and $158.49 to $158.50, inclusive (weighted average of $158.4967) 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.

Class B Common StockSEC Table I · non-derivativeDirect41,433,131 Reported balance After 2024-08-26 transaction · row 19 Joint disclosure: continuity of the reported position is unresolved; see ownership footnotes.
1 source row

Row 19 · 2024-08-26 · Other · Disposed 9,186 · Balance 41,433,131

F9: 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.

Class A UnitsSEC Table II · derivative / convertible securityDirect51,791,413 Reported balance After 2024-08-26 transaction · row 23 Instrument identity requires review; Table II rows are not merged.
1 source row

Row 23 · 2024-08-26 · Conversion · Disposed 11,483 · Balance 51,791,413

F5: 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 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").

Class A Common StockSEC Table I · non-derivativeIndirectErnest Irrevocable 2004 Trust III850,000 Reported balance Holding disclosure · report date 2024-08-23 · row 17 Holding and transaction disclosures are not merged.
1 source row

Row 17 · Balance 850,000

F7: These Class A Shares are owned directly by the Ernest Irrevocable 2004 Trust III (the "2004 Trust"). Mr. Garcia may have shared voting and dispositive power with respect to the Class A Shares held by the 2004 Trust. Mr. Garcia is a non-voting co-trustee with respect to the 2004 Trust and Mr. Garcia's son, Ernie Garcia III, is the sole beneficiary.

Class A Common StockSEC Table I · non-derivativeIndirectErnest C. Garcia III Multi-Generational Trust III950,000 Reported balance Holding disclosure · report date 2024-08-23 · row 18 Holding and transaction disclosures are not merged.
1 source row

Row 18 · Balance 950,000

F8: These Class A Shares are owned directly by the Ernest C. Garcia III Multi-Generational Trust III (the "Multi-Generational Trust"). Mr. Garcia may have shared voting and dispositive power with respect to the Class A Shares held by the Multi-Generational Trust. Mr. Garcia is a non-voting co-trustee with respect to the Multi-Generational Trust, and Ernie Garcia III and his children are the sole beneficiaries.

Class B Common StockSEC Table I · non-derivativeIndirectErnest Irrevocable 2004 Trust III11,834,021 Reported balance Holding disclosure · report date 2024-08-23 · row 20 Holding and transaction disclosures are not merged.
1 source row

Row 20 · Balance 11,834,021

F10: These Class B Shares are owned directly by the 2004 Trust.

Class B Common StockSEC Table I · non-derivativeIndirectErnest C. Garcia III Multi-Generational Trust III11,952,000 Reported balance Holding disclosure · report date 2024-08-23 · row 21 Holding and transaction disclosures are not merged.
1 source row

Row 21 · Balance 11,952,000

F11: These Class B Shares are owned directly by the Multi-Generational Trust.

Class B Common StockSEC Table I · non-derivativeIndirectECG II SPE, LLC8,000,000 Reported balance Holding disclosure · report date 2024-08-23 · row 22 Holding and transaction disclosures are not merged.
1 source row

Row 22 · Balance 8,000,000

F12: These Class B Shares are owned directly by ECG II SPE, LLC ("E-SPE"), an entity which Mr. Garcia wholly owns and controls.

Class A UnitsSEC Table II · derivative / convertible securityIndirectErnest Irrevocable 2004 Trust III14,792,526 Reported balance Holding disclosure · report date 2024-08-23 · row 24 Instrument identity requires review; Table II rows are not merged.
1 source row

Row 24 · Balance 14,792,526

F13: These Class A Units are owned directly by the 2004 Trust and are exchangeable for 0.8 Class A Shares pursuant to the Exchange Agreement.

Class A UnitsSEC Table II · derivative / convertible securityIndirectErnest C. Garcia III Multi-Generational Trust III14,940,000 Reported balance Holding disclosure · report date 2024-08-23 · row 25 Instrument identity requires review; Table II rows are not merged.
1 source row

Row 25 · Balance 14,940,000

F14: These Class A Units are owned directly by the Multi-Generational Trust and are exchangeable for 0.8 Class A Shares pursuant to the Exchange Agreement.

Class A UnitsSEC Table II · derivative / convertible securityIndirectECG II SPE, LLC10,000,000 Reported balance Holding disclosure · report date 2024-08-23 · row 26 Instrument identity requires review; Table II rows are not merged.
1 source row

Row 26 · Balance 10,000,000

F15: These Class A Units are owned directly by E-SPE and are exchangeable for 0.8 Class A Shares pursuant to the Exchange Agreement.

Filing footnotes · ownership attribution and instrument terms

F1: 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: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $151.62 to $151.74, inclusive (weighted average of $151.68); $152.63 to $153.62, inclusive (weighted average of $153.448); $153.63 to $154.6275, inclusive (weighted average of $154.0523); $154.63 to $155.625, inclusive (weighted average of $155.0979); $155.63 to $156.61, inclusive (weighted average of $156.1417); $156.65 to $157.645, inclusive (weighted average of $157.0767); $157.65 to $158.6475, inclusive (weighted average of $158.2514); and $158.65 to $159.53, inclusive (weighted average of $158.9475), 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: The Class A Common Stock ("Class A Shares") are owned directly by Verde Investments, Inc., an entity which Mr. Garcia wholly owns and controls.

F4: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $154.60 to $155.59, inclusive (weighted average of $155.1685); $155.60 to $156.5925, inclusive (weighted average of $156.1029); $156.60 to $157.59, inclusive (weighted average of $157.1606); and $157.60 to $158.50, inclusive (weighted average of $157.898), 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.

F5: 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 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").

F6: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $156.24 to $157.13, inclusive (weighted average of $156.4897); $157.31 to $157.89, inclusive (weighted average of $157.8404); and $158.49 to $158.50, inclusive (weighted average of $158.4967) 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.

F7: These Class A Shares are owned directly by the Ernest Irrevocable 2004 Trust III (the "2004 Trust"). Mr. Garcia may have shared voting and dispositive power with respect to the Class A Shares held by the 2004 Trust. Mr. Garcia is a non-voting co-trustee with respect to the 2004 Trust and Mr. Garcia's son, Ernie Garcia III, is the sole beneficiary.

F8: These Class A Shares are owned directly by the Ernest C. Garcia III Multi-Generational Trust III (the "Multi-Generational Trust"). Mr. Garcia may have shared voting and dispositive power with respect to the Class A Shares held by the Multi-Generational Trust. Mr. Garcia is a non-voting co-trustee with respect to the Multi-Generational Trust, and Ernie Garcia III and his children are the sole beneficiaries.

F9: 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.

F10: These Class B Shares are owned directly by the 2004 Trust.

F11: These Class B Shares are owned directly by the Multi-Generational Trust.

F12: These Class B Shares are owned directly by ECG II SPE, LLC ("E-SPE"), an entity which Mr. Garcia wholly owns and controls.

F13: These Class A Units are owned directly by the 2004 Trust and are exchangeable for 0.8 Class A Shares pursuant to the Exchange Agreement.

F14: These Class A Units are owned directly by the Multi-Generational Trust and are exchangeable for 0.8 Class A Shares pursuant to the Exchange Agreement.

F15: These Class A Units are owned directly by E-SPE and are exchangeable for 0.8 Class A Shares pursuant to the Exchange Agreement.

Transaction history

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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 dateCompanyActivity / securityShares / unitsReported priceReported valueDetails
May 01, 2024 Filed May 2, 2024 22:23 UTC CARVANA CO. CVNA · Entity 2331 SaleClass A Common Stock 15,788 $83.54 $1,318,875.84
Disclosure

SEC source: 0000950170-24-052367 · 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: Direct

Disclosed balance after: 3,120,179

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 · price: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $82.00 to $82.99, inclusive (weighted average of $82.3881); $83.00 to $83.9850, inclusive (weighted average of $83.5366) and $84.00 to $84.78, inclusive (weighted average of $84.1879), respectively. The reporting person undertakes to provide to the issuer or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.

Read SEC document
May 01, 2024 Filed May 2, 2024 22:23 UTC CARVANA CO. CVNA · Entity 2331 SaleClass A Common Stock 26,533 $82.39 $2,186,003.46
Disclosure

SEC source: 0000950170-24-052367 · 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: Direct

Disclosed balance after: 3,135,967

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 · price: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $82.00 to $82.99, inclusive (weighted average of $82.3881); $83.00 to $83.9850, inclusive (weighted average of $83.5366) and $84.00 to $84.78, inclusive (weighted average of $84.1879), respectively. The reporting person undertakes to provide to the issuer or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.

Read SEC document
April 30, 2024 Filed May 2, 2024 22:23 UTC CARVANA CO. CVNA · Entity 2331 SaleClass A Common Stock 16,747 $82.71 $1,385,062.31
Disclosure

SEC source: 0000950170-24-052367 · 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: Direct

Disclosed balance after: 3,162,500

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 $81.42 to $82.41, inclusive (weighted average of $82.0025) and $82.42 to $83.27, inclusive (weighted average of $82.7051), respectively. The reporting person undertakes to provide to the issuer or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.

Read SEC document
April 30, 2024 Filed May 2, 2024 22:23 UTC CARVANA CO. CVNA · Entity 2331 SaleClass A Common Stock 33,253 $82.00 $2,726,829.13
Disclosure

SEC source: 0000950170-24-052367 · 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: Direct

Disclosed balance after: 3,179,247

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 $81.42 to $82.41, inclusive (weighted average of $82.0025) and $82.42 to $83.27, inclusive (weighted average of $82.7051), respectively. The reporting person undertakes to provide to the issuer or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.

Read SEC document
April 29, 2024 Filed Apr 30, 2024 20:44 UTC CARVANA CO. CVNA · Entity 2331 SaleClass A Common Stock 1,249 $87.88 $109,761.00
Disclosure

SEC source: 0000950170-24-050584 · 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: Direct

Disclosed balance after: 3,212,500

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 · price: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $83.41 to $84.40, inclusive (weighted average of $83.8822); $84.42 to $85.39, inclusive (weighted average of $84.9145); $85.44 to $86.43, inclusive (weighted average of $85.9585); $86.44 to $87.43, inclusive (weighted average of $86.7816) and $87.48 to $88.26, inclusive (weighted average of $87.8791), respectively. The reporting person undertakes to provide to the issuer or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.

Read SEC document
April 29, 2024 Filed Apr 30, 2024 20:44 UTC CARVANA CO. CVNA · Entity 2331 SaleClass A Common Stock 5,764 $86.78 $500,209.14
Disclosure

SEC source: 0000950170-24-050584 · 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: Direct

Disclosed balance after: 3,213,749

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 · price: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $83.41 to $84.40, inclusive (weighted average of $83.8822); $84.42 to $85.39, inclusive (weighted average of $84.9145); $85.44 to $86.43, inclusive (weighted average of $85.9585); $86.44 to $87.43, inclusive (weighted average of $86.7816) and $87.48 to $88.26, inclusive (weighted average of $87.8791), respectively. The reporting person undertakes to provide to the issuer or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.

Read SEC document
April 29, 2024 Filed Apr 30, 2024 20:44 UTC CARVANA CO. CVNA · Entity 2331 SaleClass A Common Stock 14,537 $85.96 $1,249,578.71
Disclosure

SEC source: 0000950170-24-050584 · 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: Direct

Disclosed balance after: 3,219,513

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 · price: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $83.41 to $84.40, inclusive (weighted average of $83.8822); $84.42 to $85.39, inclusive (weighted average of $84.9145); $85.44 to $86.43, inclusive (weighted average of $85.9585); $86.44 to $87.43, inclusive (weighted average of $86.7816) and $87.48 to $88.26, inclusive (weighted average of $87.8791), respectively. The reporting person undertakes to provide to the issuer or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.

Read SEC document
April 29, 2024 Filed Apr 30, 2024 20:44 UTC CARVANA CO. CVNA · Entity 2331 SaleClass A Common Stock 22,246 $84.91 $1,889,007.97
Disclosure

SEC source: 0000950170-24-050584 · 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: Direct

Disclosed balance after: 3,234,050

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 · price: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $83.41 to $84.40, inclusive (weighted average of $83.8822); $84.42 to $85.39, inclusive (weighted average of $84.9145); $85.44 to $86.43, inclusive (weighted average of $85.9585); $86.44 to $87.43, inclusive (weighted average of $86.7816) and $87.48 to $88.26, inclusive (weighted average of $87.8791), respectively. The reporting person undertakes to provide to the issuer or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.

Read SEC document
April 29, 2024 Filed Apr 30, 2024 20:44 UTC CARVANA CO. CVNA · Entity 2331 SaleClass A Common Stock 6,204 $83.88 $520,405.17
Disclosure

SEC source: 0000950170-24-050584 · 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: Direct

Disclosed balance after: 3,256,296

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 · price: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $83.41 to $84.40, inclusive (weighted average of $83.8822); $84.42 to $85.39, inclusive (weighted average of $84.9145); $85.44 to $86.43, inclusive (weighted average of $85.9585); $86.44 to $87.43, inclusive (weighted average of $86.7816) and $87.48 to $88.26, inclusive (weighted average of $87.8791), respectively. The reporting person undertakes to provide to the issuer or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.

Read SEC document
April 26, 2024 Filed Apr 30, 2024 20:44 UTC CARVANA CO. CVNA · Entity 2331 SaleClass A Common Stock 50,000 $80.09 $4,004,640.00
Disclosure

SEC source: 0000950170-24-050584 · 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: Direct

Disclosed balance after: 3,262,500

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 price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $80.00 to $80.36, inclusive. The reporting person undertakes to provide to the issuer or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.

Read SEC document
April 11, 2024 Filed Apr 15, 2024 23:46 UTC CARVANA CO. CVNA · Entity 2331 SaleClass A Common Stock 50,000 $80.13 $4,006,495.00
Disclosure

SEC source: 0000950170-24-044552 · 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: Direct

Disclosed balance after: 3,312,500

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.

Read SEC document
August 18, 2023 Filed Aug 22, 2023 22:09 UTC CARVANA CO. CVNA · Entity 2331 GrantClass A Units · Derivative 3,131,074 $37.05 $116,000,029.55
Disclosure

SEC source: 0001209191-23-046946 · doc4.xml · derivative · 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: No plan indicated

Ownership: Direct

Disclosed balance after: 51,802,896

Underlying: Class A Common Stock · 2,504,859 shares

Expires not disclosed

F8 · derivative.exercise_price: These Class A Units are exchangeable for 0.8 Class A Shares 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 · shares: On August 18, 2023, the Issuer entered into a Securities Purchase Agreement with Carvana Group, LLC ("Carvana Group"), the Reporting Person and Ernest C. Garcia, III, pursuant to which the Reporting Person agreed to purchase 3,131,074 Class A Units for a per unit purchase price of $37.048 and will receive, for no additional consideration, 2,504,859 shares of Class B Common Stock.

F8 · derivative.exercise_date: These Class A Units are exchangeable for 0.8 Class A Shares 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").

F8 · derivative.expiration_date: These Class A Units are exchangeable for 0.8 Class A Shares 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").

F8 · derivative.underlying_shares: These Class A Units are exchangeable for 0.8 Class A Shares pursuant to the Exchange Agreement, dated April 27, 2017, by and among the Issuer, Carvana Co. Sub LLC, Carvana Group and the members of Carvana Group (the "Exchange Agreement").

Read SEC document
August 18, 2023 Filed Aug 22, 2023 22:09 UTC CARVANA CO. CVNA · Entity 2331 GrantClass B Common Stock 2,504,859 $37.05 $92,800,016.23
Disclosure

SEC source: 0001209191-23-046946 · doc4.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: No plan indicated

Ownership: Direct

Disclosed balance after: 41,442,317

F1 · shares: On August 18, 2023, the Issuer entered into a Securities Purchase Agreement with Carvana Group, LLC ("Carvana Group"), the Reporting Person and Ernest C. Garcia, III, pursuant to which the Reporting Person agreed to purchase 3,131,074 Class A Units for a per unit purchase price of $37.048 and will receive, for no additional consideration, 2,504,859 shares of Class B Common Stock.

F1 · price: On August 18, 2023, the Issuer entered into a Securities Purchase Agreement with Carvana Group, LLC ("Carvana Group"), the Reporting Person and Ernest C. Garcia, III, pursuant to which the Reporting Person agreed to purchase 3,131,074 Class A Units for a per unit purchase price of $37.048 and will receive, for no additional consideration, 2,504,859 shares of Class B Common Stock.

Read SEC document
June 13, 2022 Filed Jun 14, 2022 23:24 UTC CARVANA CO. CVNA · Entity 2331 PurchaseClass A Common Stock 431,822 $20.97 $9,055,868.71
Disclosure

SEC source: 0001209191-22-036811 · doc4.xml · nonDerivative · entry 3

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

VERDE INVESTMENTS, INC. · CIK 0001704727 · 10% owner

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

10b5-1 filing: Not disclosed

Ownership: Indirect · Verde Investments, Inc.

Disclosed balance after: 2,578,314

F3 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $19.85 to $20.84, inclusive (weighted average of $20.4958) and $20.85 to $21.44, inclusive (weighted average of $20.9713), 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.

F2 · ownership.nature: These Class A Shares are owned directly by Verde Investments, Inc., an entity which Mr. Garcia wholly owns and controls.

Read SEC document
June 13, 2022 Filed Jun 14, 2022 23:24 UTC CARVANA CO. CVNA · Entity 2331 PurchaseClass A Common Stock 759,646 $20.50 $15,569,552.49
Disclosure

SEC source: 0001209191-22-036811 · doc4.xml · nonDerivative · entry 2

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

VERDE INVESTMENTS, INC. · CIK 0001704727 · 10% owner

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

10b5-1 filing: Not disclosed

Ownership: Indirect · Verde Investments, Inc.

Disclosed balance after: 2,146,492

F3 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $19.85 to $20.84, inclusive (weighted average of $20.4958) and $20.85 to $21.44, inclusive (weighted average of $20.9713), 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.

F2 · ownership.nature: These Class A Shares are owned directly by Verde Investments, Inc., an entity which Mr. Garcia wholly owns and controls.

Read SEC document
June 13, 2022 Filed Jun 15, 2022 19:42 UTC Amendment CARVANA CO. CVNA · Entity 2331 PurchaseClass A Common Stock 431,822 $20.97 $9,055,868.71
Disclosure

SEC source: 0001209191-22-036923 · doc4a.xml · nonDerivative · entry 3

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

VERDE INVESTMENTS, INC. · CIK 0001704727 · 10% owner

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

10b5-1 filing: Not disclosed

Ownership: Indirect · Verde Investments, Inc.

Disclosed balance after: 2,578,314

F3 · price: The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $19.85 to $20.84, inclusive (weighted average of $20.4958) and $20.85 to $21.44, inclusive (weighted average of $20.9713), 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 purchased at each separate price within the ranges set forth herein.

F2 · ownership.nature: These Class A Shares are owned directly by Verde Investments, Inc., an entity which Mr. Garcia wholly owns and controls.

Read SEC document
June 13, 2022 Filed Jun 15, 2022 19:42 UTC Amendment CARVANA CO. CVNA · Entity 2331 PurchaseClass A Common Stock 759,646 $20.50 $15,569,552.49
Disclosure

SEC source: 0001209191-22-036923 · doc4a.xml · nonDerivative · entry 2

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

VERDE INVESTMENTS, INC. · CIK 0001704727 · 10% owner

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

10b5-1 filing: Not disclosed

Ownership: Indirect · Verde Investments, Inc.

Disclosed balance after: 2,146,492

F3 · price: The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $19.85 to $20.84, inclusive (weighted average of $20.4958) and $20.85 to $21.44, inclusive (weighted average of $20.9713), 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 purchased at each separate price within the ranges set forth herein.

F2 · ownership.nature: These Class A Shares are owned directly by Verde Investments, Inc., an entity which Mr. Garcia wholly owns and controls.

Read SEC document
June 10, 2022 Filed Jun 14, 2022 23:24 UTC CARVANA CO. CVNA · Entity 2331 PurchaseClass A Common Stock 793,790 $21.95 $17,421,388.51
Disclosure

SEC source: 0001209191-22-036811 · doc4.xml · nonDerivative · entry 1

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

VERDE INVESTMENTS, INC. · CIK 0001704727 · 10% owner

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

10b5-1 filing: Not disclosed

Ownership: Indirect · Verde Investments, Inc.

Disclosed balance after: 1,386,846

F1 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $21.62 to $22.00, inclusive (weighted average of $21.9471). 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.

F2 · ownership.nature: These Class A Shares are owned directly by Verde Investments, Inc., an entity which Mr. Garcia wholly owns and controls.

Read SEC document
June 10, 2022 Filed Jun 15, 2022 19:42 UTC Amendment CARVANA CO. CVNA · Entity 2331 PurchaseClass A Common Stock 793,790 $21.95 $17,421,388.51
Disclosure

SEC source: 0001209191-22-036923 · doc4a.xml · nonDerivative · entry 1

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

VERDE INVESTMENTS, INC. · CIK 0001704727 · 10% owner

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

10b5-1 filing: Not disclosed

Ownership: Indirect · Verde Investments, Inc.

Disclosed balance after: 1,386,846

F1 · price: The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $21.62 to $22.00, inclusive (weighted average of $21.9471). 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 purchased at each separate price within the ranges set forth herein.

F2 · ownership.nature: These Class A Shares are owned directly by Verde Investments, Inc., an entity which Mr. Garcia wholly owns and controls.

Read SEC document
April 26, 2022 Filed Apr 27, 2022 00:44 UTC CARVANA CO. CVNA · Entity 2331 PurchaseClass A Common Stock 3,362,500 $80.00 $269,000,000.00
Disclosure

SEC source: 0001209191-22-025696 · doc4.xml · nonDerivative · entry 4

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

VERDE INVESTMENTS, INC. · CIK 0001704727 · 10% owner

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,362,500

Read SEC document
April 26, 2022 Filed Apr 27, 2022 00:44 UTC CARVANA CO. CVNA · Entity 2331 PurchaseClass A Common Stock 850,000 $80.00 $68,000,000.00
Disclosure

SEC source: 0001209191-22-025696 · doc4.xml · nonDerivative · entry 3

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

VERDE INVESTMENTS, INC. · CIK 0001704727 · 10% owner

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

10b5-1 filing: Not disclosed

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

Disclosed balance after: 950,000

F3 · ownership.nature: These Class A Shares are owned directly by the Ernest C. Garcia III Multi-Generational Trust III (the "Multi-Generational Trust"). Mr. Garcia may have shared voting and dispositive power with respect to the Class A Shares held by the Multi-Generational Trust. Mr. Garcia is a non-voting co-trustee with respect to the Multi-Generational Trust, and Ernie Garcia III and his children are the sole beneficiaries.

Read SEC document
April 26, 2022 Filed Apr 27, 2022 00:44 UTC CARVANA CO. CVNA · Entity 2331 PurchaseClass A Common Stock 850,000 $80.00 $68,000,000.00
Disclosure

SEC source: 0001209191-22-025696 · doc4.xml · nonDerivative · entry 2

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

VERDE INVESTMENTS, INC. · CIK 0001704727 · 10% owner

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

10b5-1 filing: Not disclosed

Ownership: Indirect · Ernest Irrevocable 2004 Trust III

Disclosed balance after: 850,000

F2 · ownership.nature: These Class A Shares are owned directly by the Ernest Irrevocable 2004 Trust III (the "2004 Trust"). Mr. Garcia may have shared voting and dispositive power with respect to the Class A Shares held by the 2004 Trust. Mr. Garcia is a non-voting co-trustee with respect to the 2004 Trust and Mr. Garcia's son, Ernie Garcia III, is the sole beneficiary.

Read SEC document
April 26, 2022 Filed Apr 27, 2022 00:44 UTC CARVANA CO. CVNA · Entity 2331 PurchaseClass A Common Stock 37,500 $80.00 $3,000,000.00
Disclosure

SEC source: 0001209191-22-025696 · doc4.xml · nonDerivative · entry 1

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

VERDE INVESTMENTS, INC. · CIK 0001704727 · 10% owner

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

10b5-1 filing: Not disclosed

Ownership: Indirect · Verde Investments, Inc.

Disclosed balance after: 593,056

F1 · ownership.nature: These Class A Shares are owned directly by Verde Investments, Inc., an entity which Mr. Garcia wholly owns and controls.

Read SEC document
August 23, 2021 Filed Aug 26, 2021 00:12 UTC CARVANA CO. CVNA · Entity 2331 ConversionClass A Units · Derivative 50,959 $0.00 $0.00
Disclosure

SEC source: 0001209191-21-053385 · doc4.xml · derivative · entry 25

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

VERDE INVESTMENTS, INC. · CIK 0001704727 · 10% owner

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 48,671,822

Underlying: Class A Common Stock · 40,767 shares

Expires not disclosed

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

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

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

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

Read SEC document
August 23, 2021 Filed Aug 26, 2021 00:12 UTC CARVANA CO. CVNA · Entity 2331 OtherClass B Common Stock 40,767 $0.00 $0.00
Disclosure

SEC source: 0001209191-21-053385 · doc4.xml · nonDerivative · entry 21

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

VERDE INVESTMENTS, INC. · CIK 0001704727 · 10% owner

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 38,937,458

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

Read SEC document
August 23, 2021 Filed Aug 26, 2021 00:12 UTC CARVANA CO. CVNA · Entity 2331 SaleClass A Common Stock 400 $360.06 $144,025.52
Disclosure

SEC source: 0001209191-21-053385 · doc4.xml · nonDerivative · entry 18

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

VERDE INVESTMENTS, INC. · CIK 0001704727 · 10% owner

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

10b5-1 filing: Not disclosed

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 June 15, 2020, as modified.

F3 · price: Column 4 reflects a weighted average price. Shares sold in multiple transactions at prices ranging from $353.75-$354.74 (weighted average $354.3453); $354.75-$355.74 (weighted average $355.2581); $355.75-$356.745 (weighted average $356.2591); $356.76-$357.75 (weighted average $357.3243); $357.77-$358.75 (weighted average $358.2245); $358.82-$359.815 (weighted average $359.1227); and $359.94-$360.235 (weighted average $360.0638), respectively. Reporting person undertakes to provide issuer, securityholder of issuer or SEC staff, upon request, information regarding number of shares sold at each separate price within ranges set forth herein.

Read SEC document
August 23, 2021 Filed Aug 26, 2021 00:12 UTC CARVANA CO. CVNA · Entity 2331 ConversionClass A Common Stock 400 $0.00 $0.00
Disclosure

SEC source: 0001209191-21-053385 · doc4.xml · nonDerivative · entry 17

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

VERDE INVESTMENTS, INC. · CIK 0001704727 · 10% owner

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 400

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

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

Read SEC document
August 23, 2021 Filed Aug 26, 2021 00:12 UTC CARVANA CO. CVNA · Entity 2331 SaleClass A Common Stock 4,600 $359.12 $1,651,964.42
Disclosure

SEC source: 0001209191-21-053385 · doc4.xml · nonDerivative · entry 16

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

VERDE INVESTMENTS, INC. · CIK 0001704727 · 10% owner

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

10b5-1 filing: Not disclosed

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 June 15, 2020, as modified.

F3 · price: Column 4 reflects a weighted average price. Shares sold in multiple transactions at prices ranging from $353.75-$354.74 (weighted average $354.3453); $354.75-$355.74 (weighted average $355.2581); $355.75-$356.745 (weighted average $356.2591); $356.76-$357.75 (weighted average $357.3243); $357.77-$358.75 (weighted average $358.2245); $358.82-$359.815 (weighted average $359.1227); and $359.94-$360.235 (weighted average $360.0638), respectively. Reporting person undertakes to provide issuer, securityholder of issuer or SEC staff, upon request, information regarding number of shares sold at each separate price within ranges set forth herein.

Read SEC document
August 23, 2021 Filed Aug 26, 2021 00:12 UTC CARVANA CO. CVNA · Entity 2331 ConversionClass A Common Stock 4,600 $0.00 $0.00
Disclosure

SEC source: 0001209191-21-053385 · doc4.xml · nonDerivative · entry 15

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

VERDE INVESTMENTS, INC. · CIK 0001704727 · 10% owner

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 4,600

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

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

Read SEC document
August 23, 2021 Filed Aug 26, 2021 00:12 UTC CARVANA CO. CVNA · Entity 2331 SaleClass A Common Stock 12,704 $358.22 $4,550,884.05
Disclosure

SEC source: 0001209191-21-053385 · doc4.xml · nonDerivative · entry 14

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

VERDE INVESTMENTS, INC. · CIK 0001704727 · 10% owner

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

10b5-1 filing: Not disclosed

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 June 15, 2020, as modified.

F3 · price: Column 4 reflects a weighted average price. Shares sold in multiple transactions at prices ranging from $353.75-$354.74 (weighted average $354.3453); $354.75-$355.74 (weighted average $355.2581); $355.75-$356.745 (weighted average $356.2591); $356.76-$357.75 (weighted average $357.3243); $357.77-$358.75 (weighted average $358.2245); $358.82-$359.815 (weighted average $359.1227); and $359.94-$360.235 (weighted average $360.0638), respectively. Reporting person undertakes to provide issuer, securityholder of issuer or SEC staff, upon request, information regarding number of shares sold at each separate price within ranges set forth herein.

Read SEC document
August 23, 2021 Filed Aug 26, 2021 00:12 UTC CARVANA CO. CVNA · Entity 2331 ConversionClass A Common Stock 12,704 $0.00 $0.00
Disclosure

SEC source: 0001209191-21-053385 · doc4.xml · nonDerivative · entry 13

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

VERDE INVESTMENTS, INC. · CIK 0001704727 · 10% owner

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 12,704

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

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

Read SEC document
August 23, 2021 Filed Aug 26, 2021 00:12 UTC CARVANA CO. CVNA · Entity 2331 SaleClass A Common Stock 7,037 $357.32 $2,514,491.10
Disclosure

SEC source: 0001209191-21-053385 · doc4.xml · nonDerivative · entry 12

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

VERDE INVESTMENTS, INC. · CIK 0001704727 · 10% owner

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

10b5-1 filing: Not disclosed

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 June 15, 2020, as modified.

F3 · price: Column 4 reflects a weighted average price. Shares sold in multiple transactions at prices ranging from $353.75-$354.74 (weighted average $354.3453); $354.75-$355.74 (weighted average $355.2581); $355.75-$356.745 (weighted average $356.2591); $356.76-$357.75 (weighted average $357.3243); $357.77-$358.75 (weighted average $358.2245); $358.82-$359.815 (weighted average $359.1227); and $359.94-$360.235 (weighted average $360.0638), respectively. Reporting person undertakes to provide issuer, securityholder of issuer or SEC staff, upon request, information regarding number of shares sold at each separate price within ranges set forth herein.

Read SEC document
August 23, 2021 Filed Aug 26, 2021 00:12 UTC CARVANA CO. CVNA · Entity 2331 ConversionClass A Common Stock 7,037 $0.00 $0.00
Disclosure

SEC source: 0001209191-21-053385 · doc4.xml · nonDerivative · entry 11

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

VERDE INVESTMENTS, INC. · CIK 0001704727 · 10% owner

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 7,037

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

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

Read SEC document
August 23, 2021 Filed Aug 26, 2021 00:12 UTC CARVANA CO. CVNA · Entity 2331 SaleClass A Common Stock 7,926 $356.26 $2,823,709.63
Disclosure

SEC source: 0001209191-21-053385 · doc4.xml · nonDerivative · entry 10

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

VERDE INVESTMENTS, INC. · CIK 0001704727 · 10% owner

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

10b5-1 filing: Not disclosed

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 June 15, 2020, as modified.

F3 · price: Column 4 reflects a weighted average price. Shares sold in multiple transactions at prices ranging from $353.75-$354.74 (weighted average $354.3453); $354.75-$355.74 (weighted average $355.2581); $355.75-$356.745 (weighted average $356.2591); $356.76-$357.75 (weighted average $357.3243); $357.77-$358.75 (weighted average $358.2245); $358.82-$359.815 (weighted average $359.1227); and $359.94-$360.235 (weighted average $360.0638), respectively. Reporting person undertakes to provide issuer, securityholder of issuer or SEC staff, upon request, information regarding number of shares sold at each separate price within ranges set forth herein.

Read SEC document
August 23, 2021 Filed Aug 26, 2021 00:12 UTC CARVANA CO. CVNA · Entity 2331 ConversionClass A Common Stock 7,926 $0.00 $0.00
Disclosure

SEC source: 0001209191-21-053385 · doc4.xml · nonDerivative · entry 9

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

VERDE INVESTMENTS, INC. · CIK 0001704727 · 10% owner

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 7,926

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

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

Read SEC document
August 23, 2021 Filed Aug 26, 2021 00:12 UTC CARVANA CO. CVNA · Entity 2331 SaleClass A Common Stock 5,577 $355.26 $1,981,274.42
Disclosure

SEC source: 0001209191-21-053385 · doc4.xml · nonDerivative · entry 8

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

VERDE INVESTMENTS, INC. · CIK 0001704727 · 10% owner

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

10b5-1 filing: Not disclosed

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 June 15, 2020, as modified.

F3 · price: Column 4 reflects a weighted average price. Shares sold in multiple transactions at prices ranging from $353.75-$354.74 (weighted average $354.3453); $354.75-$355.74 (weighted average $355.2581); $355.75-$356.745 (weighted average $356.2591); $356.76-$357.75 (weighted average $357.3243); $357.77-$358.75 (weighted average $358.2245); $358.82-$359.815 (weighted average $359.1227); and $359.94-$360.235 (weighted average $360.0638), respectively. Reporting person undertakes to provide issuer, securityholder of issuer or SEC staff, upon request, information regarding number of shares sold at each separate price within ranges set forth herein.

Read SEC document
August 23, 2021 Filed Aug 26, 2021 00:12 UTC CARVANA CO. CVNA · Entity 2331 ConversionClass A Common Stock 5,577 $0.00 $0.00
Disclosure

SEC source: 0001209191-21-053385 · doc4.xml · nonDerivative · entry 7

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

VERDE INVESTMENTS, INC. · CIK 0001704727 · 10% owner

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 5,577

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

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

Read SEC document
August 23, 2021 Filed Aug 26, 2021 00:12 UTC CARVANA CO. CVNA · Entity 2331 SaleClass A Common Stock 2,223 $354.35 $787,709.60
Disclosure

SEC source: 0001209191-21-053385 · doc4.xml · nonDerivative · entry 6

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

VERDE INVESTMENTS, INC. · CIK 0001704727 · 10% owner

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

10b5-1 filing: Not disclosed

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 June 15, 2020, as modified.

F3 · price: Column 4 reflects a weighted average price. Shares sold in multiple transactions at prices ranging from $353.75-$354.74 (weighted average $354.3453); $354.75-$355.74 (weighted average $355.2581); $355.75-$356.745 (weighted average $356.2591); $356.76-$357.75 (weighted average $357.3243); $357.77-$358.75 (weighted average $358.2245); $358.82-$359.815 (weighted average $359.1227); and $359.94-$360.235 (weighted average $360.0638), respectively. Reporting person undertakes to provide issuer, securityholder of issuer or SEC staff, upon request, information regarding number of shares sold at each separate price within ranges set forth herein.

Read SEC document
August 23, 2021 Filed Aug 26, 2021 00:12 UTC CARVANA CO. CVNA · Entity 2331 ConversionClass A Common Stock 2,223 $0.00 $0.00
Disclosure

SEC source: 0001209191-21-053385 · doc4.xml · nonDerivative · entry 5

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

VERDE INVESTMENTS, INC. · CIK 0001704727 · 10% owner

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,223

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

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

Read SEC document
August 23, 2021 Filed Aug 26, 2021 00:12 UTC CARVANA CO. CVNA · Entity 2331 SaleClass A Common Stock 100 $351.70 $35,170.00
Disclosure

SEC source: 0001209191-21-053385 · doc4.xml · nonDerivative · entry 4

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

VERDE INVESTMENTS, INC. · CIK 0001704727 · 10% owner

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

10b5-1 filing: Not disclosed

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 June 15, 2020, as modified.

Read SEC document
August 23, 2021 Filed Aug 26, 2021 00:12 UTC CARVANA CO. CVNA · Entity 2331 ConversionClass A Common Stock 100 $0.00 $0.00
Disclosure

SEC source: 0001209191-21-053385 · doc4.xml · nonDerivative · entry 3

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

VERDE INVESTMENTS, INC. · CIK 0001704727 · 10% owner

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 100

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

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

Read SEC document
August 23, 2021 Filed Aug 26, 2021 00:12 UTC CARVANA CO. CVNA · Entity 2331 SaleClass A Common Stock 200 $349.76 $69,952.00
Disclosure

SEC source: 0001209191-21-053385 · doc4.xml · nonDerivative · entry 2

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

VERDE INVESTMENTS, INC. · CIK 0001704727 · 10% owner

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

10b5-1 filing: Not disclosed

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 June 15, 2020, as modified.

Read SEC document
August 23, 2021 Filed Aug 26, 2021 00:12 UTC CARVANA CO. CVNA · Entity 2331 ConversionClass A Common Stock 200 $0.00 $0.00
Disclosure

SEC source: 0001209191-21-053385 · doc4.xml · nonDerivative · entry 1

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

VERDE INVESTMENTS, INC. · CIK 0001704727 · 10% owner

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 200

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

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

Read SEC document
August 20, 2021 Filed Aug 24, 2021 23:03 UTC CARVANA CO. CVNA · Entity 2331 ConversionClass A Units · Derivative 75,000 $0.00 $0.00
Disclosure

SEC source: 0001209191-21-053242 · doc4.xml · derivative · entry 21

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

VERDE INVESTMENTS, INC. · CIK 0001704727 · 10% owner

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 48,722,781

Underlying: Class A Common Stock · 60,000 shares

Expires not disclosed

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

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

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

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

Read SEC document
August 20, 2021 Filed Aug 24, 2021 23:03 UTC CARVANA CO. CVNA · Entity 2331 OtherClass B Common Stock 60,000 $0.00 $0.00
Disclosure

SEC source: 0001209191-21-053242 · doc4.xml · nonDerivative · entry 17

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

VERDE INVESTMENTS, INC. · CIK 0001704727 · 10% owner

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 38,978,225

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

Read SEC document
August 20, 2021 Filed Aug 24, 2021 23:03 UTC CARVANA CO. CVNA · Entity 2331 SaleClass A Common Stock 200 $352.25 $70,449.00
Disclosure

SEC source: 0001209191-21-053242 · doc4.xml · nonDerivative · entry 14

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

VERDE INVESTMENTS, INC. · CIK 0001704727 · 10% owner

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

10b5-1 filing: Not disclosed

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 June 15, 2020, as modified.

F3 · price: Column 4 reflects a weighted average price. Shares sold in multiple transactions at prices ranging from $345.545-$346.54 (weighted average $346.0704); $346.5475-$347.53 (weighted average $347.0189); $347.55-$348.5475 (weighted average $347.9637); $348.555-$349.54 (weighted average $349.1005); $349.55-$350.54 (weighted average $349.8934); $350.55-$351.10 (weighted average $350.7799); $352.19-$352.30 (weighted average $352.245), respectively. Reporting person undertakes to provide issuer, securityholder of issuer or SEC staff, upon request, information regarding number of shares sold at each separate price within ranges set forth herein.

Read SEC document
August 20, 2021 Filed Aug 24, 2021 23:03 UTC CARVANA CO. CVNA · Entity 2331 ConversionClass A Common Stock 200 $0.00 $0.00
Disclosure

SEC source: 0001209191-21-053242 · doc4.xml · nonDerivative · entry 13

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

VERDE INVESTMENTS, INC. · CIK 0001704727 · 10% owner

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 200

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

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

Read SEC document
August 20, 2021 Filed Aug 24, 2021 23:03 UTC CARVANA CO. CVNA · Entity 2331 SaleClass A Common Stock 1,642 $350.78 $575,980.60
Disclosure

SEC source: 0001209191-21-053242 · doc4.xml · nonDerivative · entry 12

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

VERDE INVESTMENTS, INC. · CIK 0001704727 · 10% owner

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

10b5-1 filing: Not disclosed

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 June 15, 2020, as modified.

F3 · price: Column 4 reflects a weighted average price. Shares sold in multiple transactions at prices ranging from $345.545-$346.54 (weighted average $346.0704); $346.5475-$347.53 (weighted average $347.0189); $347.55-$348.5475 (weighted average $347.9637); $348.555-$349.54 (weighted average $349.1005); $349.55-$350.54 (weighted average $349.8934); $350.55-$351.10 (weighted average $350.7799); $352.19-$352.30 (weighted average $352.245), respectively. Reporting person undertakes to provide issuer, securityholder of issuer or SEC staff, upon request, information regarding number of shares sold at each separate price within ranges set forth herein.

Read SEC document
August 20, 2021 Filed Aug 24, 2021 23:03 UTC CARVANA CO. CVNA · Entity 2331 ConversionClass A Common Stock 1,642 $0.00 $0.00
Disclosure

SEC source: 0001209191-21-053242 · doc4.xml · nonDerivative · entry 11

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

VERDE INVESTMENTS, INC. · CIK 0001704727 · 10% owner

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,642

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

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

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August 20, 2021 Filed Aug 24, 2021 23:03 UTC CARVANA CO. CVNA · Entity 2331 SaleClass A Common Stock 19,916 $349.89 $6,968,476.95
Disclosure

SEC source: 0001209191-21-053242 · doc4.xml · nonDerivative · entry 10

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

VERDE INVESTMENTS, INC. · CIK 0001704727 · 10% owner

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

10b5-1 filing: Not disclosed

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 June 15, 2020, as modified.

F3 · price: Column 4 reflects a weighted average price. Shares sold in multiple transactions at prices ranging from $345.545-$346.54 (weighted average $346.0704); $346.5475-$347.53 (weighted average $347.0189); $347.55-$348.5475 (weighted average $347.9637); $348.555-$349.54 (weighted average $349.1005); $349.55-$350.54 (weighted average $349.8934); $350.55-$351.10 (weighted average $350.7799); $352.19-$352.30 (weighted average $352.245), respectively. Reporting person undertakes to provide issuer, securityholder of issuer or SEC staff, upon request, information regarding number of shares sold at each separate price within ranges set forth herein.

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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.