organization · Reporting owner

VERDE INVESTMENTS, INC.

Disclosed activity across 1 company

Tapewire entity: 87973
SEC CIK: 0001704727

Reported relationships

Latest disclosed role at each company.

Company	Last reported as	Report date	Published
CARVANA CO.CVNA · Entity 2331	10% owner	August 23, 2024	August 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 / award	Ownership account	Disclosed shares / units	Disclosure context
Class A Common StockSEC Table I · non-derivative	IndirectVerde 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-derivative	Direct	9,186	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-derivative	Direct	2,815	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-derivative	Direct	600	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-derivative	Direct	0	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-derivative	Direct	41,433,131	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 security	Direct	51,791,413	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-derivative	IndirectErnest Irrevocable 2004 Trust III	850,000	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-derivative	IndirectErnest C. Garcia III Multi-Generational Trust III	950,000	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-derivative	IndirectErnest Irrevocable 2004 Trust III	11,834,021	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-derivative	IndirectErnest C. Garcia III Multi-Generational Trust III	11,952,000	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-derivative	IndirectECG II SPE, LLC	8,000,000	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 security	IndirectErnest Irrevocable 2004 Trust III	14,792,526	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 security	IndirectErnest C. Garcia III Multi-Generational Trust III	14,940,000	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 security	IndirectECG II SPE, LLC	10,000,000	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 date	Company	Activity / security	Shares / units	Reported price	Reported value	Details
August 18, 2021 Filed Aug 19, 2021 23:54 UTC	CARVANA CO. CVNA · Entity 2331	ConversionClass A Common Stock	8,000	$0.00	$0.00	Disclosure SEC source: 0001209191-21-052644 · 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: 8,000 Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F1 · price: Reflects the conversion of Class A Common Units ("Class A Units") of Carvana Group, LLC ("Carvana Group") owned directly by Ernest C. Garcia II into shares of Class A Common Stock ("Class A Shares") of the Issuer pursuant to the Exchange Agreement, dated April 27, 2017, by and among the Issuer, Carvana Co. Sub LLC, Carvana Group and the members of Carvana Group (the "Exchange Agreement"). Read SEC document
August 18, 2021 Filed Aug 19, 2021 23:54 UTC	CARVANA CO. CVNA · Entity 2331	SaleClass A Common Stock	1,600	$343.03	$548,854.08	Disclosure SEC source: 0001209191-21-052644 · 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. F3 · price: Column 4 reflects a weighted average price. Shares sold in multiple transactions at prices ranging from $341.45-$342.40 (weighted average $341.9344); $342.53-$343.49 (weighted average $343.0338); $343.53-$344.52 (weighted average $344.046); $344.535-$345.52 (weighted average $344.998); $345.54-$346.52 (weighted average $346.1486); $346.54-$347.53 (weighted average $346.9437); $347.54-$348.53 (weighted average $348.0009); $348.54-$349.53 (weighted average $349.1109); and $349.54-$350.53 (weighted average $350.0883), 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 18, 2021 Filed Aug 19, 2021 23:54 UTC	CARVANA CO. CVNA · Entity 2331	ConversionClass A Common Stock	1,600	$0.00	$0.00	Disclosure SEC source: 0001209191-21-052644 · 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: 1,600 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 18, 2021 Filed Aug 19, 2021 23:54 UTC	CARVANA CO. CVNA · Entity 2331	SaleClass A Common Stock	800	$341.93	$273,547.52	Disclosure SEC source: 0001209191-21-052644 · 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. F3 · price: Column 4 reflects a weighted average price. Shares sold in multiple transactions at prices ranging from $341.45-$342.40 (weighted average $341.9344); $342.53-$343.49 (weighted average $343.0338); $343.53-$344.52 (weighted average $344.046); $344.535-$345.52 (weighted average $344.998); $345.54-$346.52 (weighted average $346.1486); $346.54-$347.53 (weighted average $346.9437); $347.54-$348.53 (weighted average $348.0009); $348.54-$349.53 (weighted average $349.1109); and $349.54-$350.53 (weighted average $350.0883), 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 18, 2021 Filed Aug 19, 2021 23:54 UTC	CARVANA CO. CVNA · Entity 2331	ConversionClass A Common Stock	800	$0.00	$0.00	Disclosure SEC source: 0001209191-21-052644 · 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: 800 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 17, 2021 Filed Aug 19, 2021 23:53 UTC	CARVANA CO. CVNA · Entity 2331	ConversionClass A Units · Derivative	75,000	$0.00	$0.00	Disclosure SEC source: 0001209191-21-052642 · doc4.xml · derivative · entry 23 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: 48,947,781 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 17, 2021 Filed Aug 19, 2021 23:53 UTC	CARVANA CO. CVNA · Entity 2331	OtherClass B Common Stock	60,000	$0.00	$0.00	Disclosure SEC source: 0001209191-21-052642 · doc4.xml · nonDerivative · entry 19 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: 39,158,225 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 17, 2021 Filed Aug 19, 2021 23:53 UTC	CARVANA CO. CVNA · Entity 2331	SaleClass A Common Stock	2,000	$355.60	$711,199.00	Disclosure SEC source: 0001209191-21-052642 · 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 $348.195-$349.18 (weighted average $348.7702); $349.20-$350.16 (weighted average $349.6963); $350.21-$351.20 (weighted average $350.7323); $351.21-$352.205 (weighted average $351.7371); $352.21-$353.175 (weighted average $352.5578); $353.22-$354.20 (weighted average $353.6967); $354.235-$355.17 (weighted average $354.6902); and $355.25-$356.17 (weighted average $355.5995), 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 17, 2021 Filed Aug 19, 2021 23:53 UTC	CARVANA CO. CVNA · Entity 2331	ConversionClass A Common Stock	2,000	$0.00	$0.00	Disclosure SEC source: 0001209191-21-052642 · 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: 2,000 Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F1 · price: Reflects the conversion of Class A Common Units ("Class A Units") of Carvana Group, LLC ("Carvana Group") owned directly by Ernest C. Garcia II into shares of Class A Common Stock ("Class A Shares") of the Issuer pursuant to the Exchange Agreement, dated April 27, 2017, by and among the Issuer, Carvana Co. Sub LLC, Carvana Group and the members of Carvana Group (the "Exchange Agreement"). Read SEC document
August 17, 2021 Filed Aug 19, 2021 23:53 UTC	CARVANA CO. CVNA · Entity 2331	SaleClass A Common Stock	3,500	$354.69	$1,241,415.70	Disclosure SEC source: 0001209191-21-052642 · 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 $348.195-$349.18 (weighted average $348.7702); $349.20-$350.16 (weighted average $349.6963); $350.21-$351.20 (weighted average $350.7323); $351.21-$352.205 (weighted average $351.7371); $352.21-$353.175 (weighted average $352.5578); $353.22-$354.20 (weighted average $353.6967); $354.235-$355.17 (weighted average $354.6902); and $355.25-$356.17 (weighted average $355.5995), 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 17, 2021 Filed Aug 19, 2021 23:53 UTC	CARVANA CO. CVNA · Entity 2331	ConversionClass A Common Stock	3,500	$0.00	$0.00	Disclosure SEC source: 0001209191-21-052642 · 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: 3,500 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 17, 2021 Filed Aug 19, 2021 23:53 UTC	CARVANA CO. CVNA · Entity 2331	SaleClass A Common Stock	5,917	$353.70	$2,092,823.37	Disclosure SEC source: 0001209191-21-052642 · 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 $348.195-$349.18 (weighted average $348.7702); $349.20-$350.16 (weighted average $349.6963); $350.21-$351.20 (weighted average $350.7323); $351.21-$352.205 (weighted average $351.7371); $352.21-$353.175 (weighted average $352.5578); $353.22-$354.20 (weighted average $353.6967); $354.235-$355.17 (weighted average $354.6902); and $355.25-$356.17 (weighted average $355.5995), 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 17, 2021 Filed Aug 19, 2021 23:53 UTC	CARVANA CO. CVNA · Entity 2331	ConversionClass A Common Stock	5,917	$0.00	$0.00	Disclosure SEC source: 0001209191-21-052642 · 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: 5,917 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 17, 2021 Filed Aug 19, 2021 23:53 UTC	CARVANA CO. CVNA · Entity 2331	SaleClass A Common Stock	17,236	$352.56	$6,076,686.24	Disclosure SEC source: 0001209191-21-052642 · 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 $348.195-$349.18 (weighted average $348.7702); $349.20-$350.16 (weighted average $349.6963); $350.21-$351.20 (weighted average $350.7323); $351.21-$352.205 (weighted average $351.7371); $352.21-$353.175 (weighted average $352.5578); $353.22-$354.20 (weighted average $353.6967); $354.235-$355.17 (weighted average $354.6902); and $355.25-$356.17 (weighted average $355.5995), 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 17, 2021 Filed Aug 19, 2021 23:53 UTC	CARVANA CO. CVNA · Entity 2331	ConversionClass A Common Stock	17,236	$0.00	$0.00	Disclosure SEC source: 0001209191-21-052642 · 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: 17,236 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 17, 2021 Filed Aug 19, 2021 23:53 UTC	CARVANA CO. CVNA · Entity 2331	SaleClass A Common Stock	13,859	$351.74	$4,874,724.47	Disclosure SEC source: 0001209191-21-052642 · 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 $348.195-$349.18 (weighted average $348.7702); $349.20-$350.16 (weighted average $349.6963); $350.21-$351.20 (weighted average $350.7323); $351.21-$352.205 (weighted average $351.7371); $352.21-$353.175 (weighted average $352.5578); $353.22-$354.20 (weighted average $353.6967); $354.235-$355.17 (weighted average $354.6902); and $355.25-$356.17 (weighted average $355.5995), 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 17, 2021 Filed Aug 19, 2021 23:53 UTC	CARVANA CO. CVNA · Entity 2331	ConversionClass A Common Stock	13,859	$0.00	$0.00	Disclosure SEC source: 0001209191-21-052642 · 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: 13,859 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 17, 2021 Filed Aug 19, 2021 23:53 UTC	CARVANA CO. CVNA · Entity 2331	SaleClass A Common Stock	10,888	$350.73	$3,818,773.28	Disclosure SEC source: 0001209191-21-052642 · 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 $348.195-$349.18 (weighted average $348.7702); $349.20-$350.16 (weighted average $349.6963); $350.21-$351.20 (weighted average $350.7323); $351.21-$352.205 (weighted average $351.7371); $352.21-$353.175 (weighted average $352.5578); $353.22-$354.20 (weighted average $353.6967); $354.235-$355.17 (weighted average $354.6902); and $355.25-$356.17 (weighted average $355.5995), 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 17, 2021 Filed Aug 19, 2021 23:53 UTC	CARVANA CO. CVNA · Entity 2331	ConversionClass A Common Stock	10,888	$0.00	$0.00	Disclosure SEC source: 0001209191-21-052642 · 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: 10,888 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 17, 2021 Filed Aug 19, 2021 23:53 UTC	CARVANA CO. CVNA · Entity 2331	SaleClass A Common Stock	4,954	$349.70	$1,732,395.47	Disclosure SEC source: 0001209191-21-052642 · 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. F3 · price: Column 4 reflects a weighted average price. Shares sold in multiple transactions at prices ranging from $348.195-$349.18 (weighted average $348.7702); $349.20-$350.16 (weighted average $349.6963); $350.21-$351.20 (weighted average $350.7323); $351.21-$352.205 (weighted average $351.7371); $352.21-$353.175 (weighted average $352.5578); $353.22-$354.20 (weighted average $353.6967); $354.235-$355.17 (weighted average $354.6902); and $355.25-$356.17 (weighted average $355.5995), 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 17, 2021 Filed Aug 19, 2021 23:53 UTC	CARVANA CO. CVNA · Entity 2331	ConversionClass A Common Stock	4,954	$0.00	$0.00	Disclosure SEC source: 0001209191-21-052642 · 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: 4,954 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 17, 2021 Filed Aug 19, 2021 23:53 UTC	CARVANA CO. CVNA · Entity 2331	SaleClass A Common Stock	1,646	$348.77	$574,075.75	Disclosure SEC source: 0001209191-21-052642 · 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. F3 · price: Column 4 reflects a weighted average price. Shares sold in multiple transactions at prices ranging from $348.195-$349.18 (weighted average $348.7702); $349.20-$350.16 (weighted average $349.6963); $350.21-$351.20 (weighted average $350.7323); $351.21-$352.205 (weighted average $351.7371); $352.21-$353.175 (weighted average $352.5578); $353.22-$354.20 (weighted average $353.6967); $354.235-$355.17 (weighted average $354.6902); and $355.25-$356.17 (weighted average $355.5995), 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 17, 2021 Filed Aug 19, 2021 23:53 UTC	CARVANA CO. CVNA · Entity 2331	ConversionClass A Common Stock	1,646	$0.00	$0.00	Disclosure SEC source: 0001209191-21-052642 · 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: 1,646 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 16, 2021 Filed Aug 17, 2021 19:39 UTC	CARVANA CO. CVNA · Entity 2331	ConversionClass A Units · Derivative	75,000	$0.00	$0.00	Disclosure SEC source: 0001209191-21-051811 · doc4.xml · derivative · entry 27 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: 49,022,781 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 16, 2021 Filed Aug 17, 2021 19:39 UTC	CARVANA CO. CVNA · Entity 2331	OtherClass B Common Stock	60,000	$0.00	$0.00	Disclosure SEC source: 0001209191-21-051811 · doc4.xml · nonDerivative · entry 23 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: 39,218,225 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 16, 2021 Filed Aug 17, 2021 19:39 UTC	CARVANA CO. CVNA · Entity 2331	SaleClass A Common Stock	1,000	$363.68	$363,675.50	Disclosure SEC source: 0001209191-21-051811 · doc4.xml · nonDerivative · entry 20 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 $354.1275-$355.11 (weighted average $354.7934); $355.14-$356.135 (weighted average $355.6981); $356.15-$357.14 (weighted average $356.6309); $357.16-$358.15 (weighted average $357.5986); $358.16-$359.145 (weighted average $358.6327); $359.16-$360.08 (weighted average $359.6617); $360.20-$361.19 (weighted average $360.8899); $361.20-$362.17 (weighted average $361.5074); $362.36-$363.335 (weighted average $362.7725); and $363.375-$364.08 (weighted average $363.6755), 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 16, 2021 Filed Aug 17, 2021 19:39 UTC	CARVANA CO. CVNA · Entity 2331	ConversionClass A Common Stock	1,000	$0.00	$0.00	Disclosure SEC source: 0001209191-21-051811 · doc4.xml · nonDerivative · entry 19 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: 1,000 Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F1 · price: Reflects the conversion of Class A Common Units ("Class A Units") of Carvana Group, LLC ("Carvana Group") owned directly by Ernest C. Garcia II into shares of Class A Common Stock ("Class A Shares") of the Issuer pursuant to the Exchange Agreement, dated April 27, 2017, by and among the Issuer, Carvana Co. Sub LLC, Carvana Group and the members of Carvana Group (the "Exchange Agreement"). Read SEC document
August 16, 2021 Filed Aug 17, 2021 19:39 UTC	CARVANA CO. CVNA · Entity 2331	SaleClass A Common Stock	7,698	$362.77	$2,792,622.71	Disclosure SEC source: 0001209191-21-051811 · 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 $354.1275-$355.11 (weighted average $354.7934); $355.14-$356.135 (weighted average $355.6981); $356.15-$357.14 (weighted average $356.6309); $357.16-$358.15 (weighted average $357.5986); $358.16-$359.145 (weighted average $358.6327); $359.16-$360.08 (weighted average $359.6617); $360.20-$361.19 (weighted average $360.8899); $361.20-$362.17 (weighted average $361.5074); $362.36-$363.335 (weighted average $362.7725); and $363.375-$364.08 (weighted average $363.6755), 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 16, 2021 Filed Aug 17, 2021 19:39 UTC	CARVANA CO. CVNA · Entity 2331	ConversionClass A Common Stock	7,698	$0.00	$0.00	Disclosure SEC source: 0001209191-21-051811 · 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: 7,698 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 16, 2021 Filed Aug 17, 2021 19:39 UTC	CARVANA CO. CVNA · Entity 2331	SaleClass A Common Stock	8,901	$361.51	$3,217,777.37	Disclosure SEC source: 0001209191-21-051811 · 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 $354.1275-$355.11 (weighted average $354.7934); $355.14-$356.135 (weighted average $355.6981); $356.15-$357.14 (weighted average $356.6309); $357.16-$358.15 (weighted average $357.5986); $358.16-$359.145 (weighted average $358.6327); $359.16-$360.08 (weighted average $359.6617); $360.20-$361.19 (weighted average $360.8899); $361.20-$362.17 (weighted average $361.5074); $362.36-$363.335 (weighted average $362.7725); and $363.375-$364.08 (weighted average $363.6755), 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 16, 2021 Filed Aug 17, 2021 19:39 UTC	CARVANA CO. CVNA · Entity 2331	ConversionClass A Common Stock	8,901	$0.00	$0.00	Disclosure SEC source: 0001209191-21-051811 · 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: 8,901 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 16, 2021 Filed Aug 17, 2021 19:39 UTC	CARVANA CO. CVNA · Entity 2331	SaleClass A Common Stock	4,950	$360.89	$1,786,405.01	Disclosure SEC source: 0001209191-21-051811 · 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 $354.1275-$355.11 (weighted average $354.7934); $355.14-$356.135 (weighted average $355.6981); $356.15-$357.14 (weighted average $356.6309); $357.16-$358.15 (weighted average $357.5986); $358.16-$359.145 (weighted average $358.6327); $359.16-$360.08 (weighted average $359.6617); $360.20-$361.19 (weighted average $360.8899); $361.20-$362.17 (weighted average $361.5074); $362.36-$363.335 (weighted average $362.7725); and $363.375-$364.08 (weighted average $363.6755), 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 16, 2021 Filed Aug 17, 2021 19:39 UTC	CARVANA CO. CVNA · Entity 2331	ConversionClass A Common Stock	4,950	$0.00	$0.00	Disclosure SEC source: 0001209191-21-051811 · 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: 4,950 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 16, 2021 Filed Aug 17, 2021 19:39 UTC	CARVANA CO. CVNA · Entity 2331	SaleClass A Common Stock	4,100	$359.66	$1,474,612.97	Disclosure SEC source: 0001209191-21-051811 · 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 $354.1275-$355.11 (weighted average $354.7934); $355.14-$356.135 (weighted average $355.6981); $356.15-$357.14 (weighted average $356.6309); $357.16-$358.15 (weighted average $357.5986); $358.16-$359.145 (weighted average $358.6327); $359.16-$360.08 (weighted average $359.6617); $360.20-$361.19 (weighted average $360.8899); $361.20-$362.17 (weighted average $361.5074); $362.36-$363.335 (weighted average $362.7725); and $363.375-$364.08 (weighted average $363.6755), 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 16, 2021 Filed Aug 17, 2021 19:39 UTC	CARVANA CO. CVNA · Entity 2331	ConversionClass A Common Stock	4,100	$0.00	$0.00	Disclosure SEC source: 0001209191-21-051811 · 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: 4,100 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 16, 2021 Filed Aug 17, 2021 19:39 UTC	CARVANA CO. CVNA · Entity 2331	SaleClass A Common Stock	9,036	$358.63	$3,240,605.08	Disclosure SEC source: 0001209191-21-051811 · 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 $354.1275-$355.11 (weighted average $354.7934); $355.14-$356.135 (weighted average $355.6981); $356.15-$357.14 (weighted average $356.6309); $357.16-$358.15 (weighted average $357.5986); $358.16-$359.145 (weighted average $358.6327); $359.16-$360.08 (weighted average $359.6617); $360.20-$361.19 (weighted average $360.8899); $361.20-$362.17 (weighted average $361.5074); $362.36-$363.335 (weighted average $362.7725); and $363.375-$364.08 (weighted average $363.6755), 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 16, 2021 Filed Aug 17, 2021 19:39 UTC	CARVANA CO. CVNA · Entity 2331	ConversionClass A Common Stock	9,036	$0.00	$0.00	Disclosure SEC source: 0001209191-21-051811 · 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: 9,036 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 16, 2021 Filed Aug 17, 2021 19:39 UTC	CARVANA CO. CVNA · Entity 2331	SaleClass A Common Stock	10,515	$357.60	$3,760,149.28	Disclosure SEC source: 0001209191-21-051811 · 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 $354.1275-$355.11 (weighted average $354.7934); $355.14-$356.135 (weighted average $355.6981); $356.15-$357.14 (weighted average $356.6309); $357.16-$358.15 (weighted average $357.5986); $358.16-$359.145 (weighted average $358.6327); $359.16-$360.08 (weighted average $359.6617); $360.20-$361.19 (weighted average $360.8899); $361.20-$362.17 (weighted average $361.5074); $362.36-$363.335 (weighted average $362.7725); and $363.375-$364.08 (weighted average $363.6755), 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 16, 2021 Filed Aug 17, 2021 19:39 UTC	CARVANA CO. CVNA · Entity 2331	ConversionClass A Common Stock	10,515	$0.00	$0.00	Disclosure SEC source: 0001209191-21-051811 · 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: 10,515 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 16, 2021 Filed Aug 17, 2021 19:39 UTC	CARVANA CO. CVNA · Entity 2331	SaleClass A Common Stock	6,900	$356.63	$2,460,753.21	Disclosure SEC source: 0001209191-21-051811 · 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 $354.1275-$355.11 (weighted average $354.7934); $355.14-$356.135 (weighted average $355.6981); $356.15-$357.14 (weighted average $356.6309); $357.16-$358.15 (weighted average $357.5986); $358.16-$359.145 (weighted average $358.6327); $359.16-$360.08 (weighted average $359.6617); $360.20-$361.19 (weighted average $360.8899); $361.20-$362.17 (weighted average $361.5074); $362.36-$363.335 (weighted average $362.7725); and $363.375-$364.08 (weighted average $363.6755), 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 16, 2021 Filed Aug 17, 2021 19:39 UTC	CARVANA CO. CVNA · Entity 2331	ConversionClass A Common Stock	6,900	$0.00	$0.00	Disclosure SEC source: 0001209191-21-051811 · 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: 6,900 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 16, 2021 Filed Aug 17, 2021 19:39 UTC	CARVANA CO. CVNA · Entity 2331	SaleClass A Common Stock	5,800	$355.70	$2,063,048.98	Disclosure SEC source: 0001209191-21-051811 · 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. F3 · price: Column 4 reflects a weighted average price. Shares sold in multiple transactions at prices ranging from $354.1275-$355.11 (weighted average $354.7934); $355.14-$356.135 (weighted average $355.6981); $356.15-$357.14 (weighted average $356.6309); $357.16-$358.15 (weighted average $357.5986); $358.16-$359.145 (weighted average $358.6327); $359.16-$360.08 (weighted average $359.6617); $360.20-$361.19 (weighted average $360.8899); $361.20-$362.17 (weighted average $361.5074); $362.36-$363.335 (weighted average $362.7725); and $363.375-$364.08 (weighted average $363.6755), 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 16, 2021 Filed Aug 17, 2021 19:39 UTC	CARVANA CO. CVNA · Entity 2331	ConversionClass A Common Stock	5,800	$0.00	$0.00	Disclosure SEC source: 0001209191-21-051811 · 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: 5,800 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 16, 2021 Filed Aug 17, 2021 19:39 UTC	CARVANA CO. CVNA · Entity 2331	SaleClass A Common Stock	1,100	$354.79	$390,272.74	Disclosure SEC source: 0001209191-21-051811 · 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. F3 · price: Column 4 reflects a weighted average price. Shares sold in multiple transactions at prices ranging from $354.1275-$355.11 (weighted average $354.7934); $355.14-$356.135 (weighted average $355.6981); $356.15-$357.14 (weighted average $356.6309); $357.16-$358.15 (weighted average $357.5986); $358.16-$359.145 (weighted average $358.6327); $359.16-$360.08 (weighted average $359.6617); $360.20-$361.19 (weighted average $360.8899); $361.20-$362.17 (weighted average $361.5074); $362.36-$363.335 (weighted average $362.7725); and $363.375-$364.08 (weighted average $363.6755), 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 16, 2021 Filed Aug 17, 2021 19:39 UTC	CARVANA CO. CVNA · Entity 2331	ConversionClass A Common Stock	1,100	$0.00	$0.00	Disclosure SEC source: 0001209191-21-051811 · 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: 1,100 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 13, 2021 Filed Aug 17, 2021 19:34 UTC	CARVANA CO. CVNA · Entity 2331	ConversionClass A Units · Derivative	75,000	$0.00	$0.00	Disclosure SEC source: 0001209191-21-051809 · doc4.xml · derivative · 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: 49,097,781 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 13, 2021 Filed Aug 17, 2021 19:34 UTC	CARVANA CO. CVNA · Entity 2331	OtherClass B Common Stock	60,000	$0.00	$0.00	Disclosure SEC source: 0001209191-21-051809 · 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: 39,278,225 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 13, 2021 Filed Aug 17, 2021 19:34 UTC	CARVANA CO. CVNA · Entity 2331	SaleClass A Common Stock	8,080	$361.15	$2,918,085.54	Disclosure SEC source: 0001209191-21-051809 · 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 $357.82-$358.74 (weighted average $358.3937); $358.82-$359.81 (weighted average $359.3328); $359.82-$360.81 (weighted average $360.3863); and $360.82-$361.70 (weighted average $361.1492), 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 13, 2021 Filed Aug 17, 2021 19:34 UTC	CARVANA CO. CVNA · Entity 2331	ConversionClass A Common Stock	8,080	$0.00	$0.00	Disclosure SEC source: 0001209191-21-051809 · 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: 8,080 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 13, 2021 Filed Aug 17, 2021 19:34 UTC	CARVANA CO. CVNA · Entity 2331	SaleClass A Common Stock	29,597	$360.39	$10,666,353.32	Disclosure SEC source: 0001209191-21-051809 · 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 $357.82-$358.74 (weighted average $358.3937); $358.82-$359.81 (weighted average $359.3328); $359.82-$360.81 (weighted average $360.3863); and $360.82-$361.70 (weighted average $361.1492), 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

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