CARVANA CO.·4

Dec 4, 6:46 PM ET

MAROONE MICHAEL E 4

4 · CARVANA CO. · Filed Dec 4, 2025

Insider Transaction Report

Form 4
Period: 2025-12-03
Transactions
  • Exercise/Conversion

    Class A Common Stock

    2025-12-03$15.00/sh+30,928$463,920174,501 total
  • Sale

    Class A Common Stock

    2025-12-03$400.30/sh29,576$11,839,273144,925 total
  • Sale

    Class A Common Stock

    2025-12-03$401.18/sh1,352$542,395143,573 total
  • Exercise/Conversion

    Stock Options (Right to Buy)

    2025-12-0330,9280 total
    Exercise: $15.00Exp: 2027-04-27Class A Common Stock (30,928 underlying)
Holdings
  • Class A Common Stock

    (indirect: By Partnership)
    45,000
  • Class A Common Stock

    (indirect: By Trust)
    264
Footnotes (7)
  • [F1]The reported sale and option exercise was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 30, 2025.
  • [F2]The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price.
  • [F3]This transaction was executed in multiple trades at prices ranging from $400.00 to $400.99, inclusive.
  • [F4]This transaction was executed in multiple trades at prices ranging from $401.02 to $401.32, inclusive.
  • [F5]Represents shares of Class A common stock held directly by the Michael Maroone Family Partnership, LP, an entity controlled by the Reporting Person.
  • [F6]Represents shares of Class A common stock held directly by the Family Trust FBO Michael E. Maroone, where the Reporting Person is beneficiary and trustee.
  • [F7]The options vested in three equal annual installments beginning on April 27, 2018.

Documents

1 file
  • 4
    wk-form4_1764891965.xmlPrimary

    FORM 4