Carvana (CVNA) executive has shares withheld to cover RSU taxes

Rhea-AI Filing Summary

Carvana Co. President, Special Projects, Taira Thomas reported a tax-related share disposition tied to restricted stock units. On March 1, 2026, 675 shares of Carvana Class A common stock were withheld to cover taxes upon RSU vesting at a value of $334.16 per share. After this withholding, Thomas directly owned 65,950 shares of Class A common stock. This was a tax-withholding disposition rather than an open-market sale.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Taira Thomas

Role President, Special Projects

Type	Security	Shares	Price	Value
Tax Withholding	Class A Common Stock	675	$334.16	$226K

Holdings After Transaction: Class A Common Stock — 65,950 shares (Direct)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Taira Thomas

(Last) (First) (Middle)

300 E. RIO SALADO PKWY

(Street)

TEMPE AZ 85281

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
CARVANA CO. [ CVNA ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President, Special Projects

3. Date of Earliest Transaction (Month/Day/Year)
03/01/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	03/01/2026		F		675(1)	D	$334.16	65,950	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents total number of shares of Class A Common Stock of the Issuer withheld for taxes upon vesting of restricted stock units pursuant to various awards.

Remarks:

	/s/ Paul Breaux, by Power of Attorney for Thomas Taira	03/03/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Carvana (CVNA) report for Taira Thomas?

Carvana reported a tax-withholding disposition for executive Taira Thomas. On March 1, 2026, 675 Class A shares were withheld to satisfy taxes triggered by restricted stock unit vesting, rather than sold in the open market.

How many Carvana (CVNA) shares were involved in Taira Thomas’s Form 4 filing?

The Form 4 shows 675 shares of Carvana Class A common stock were withheld. These shares covered tax obligations from RSU vesting, consistent with transaction code F, rather than representing a discretionary sale of stock by the executive.

At what price were Taira Thomas’s Carvana (CVNA) shares valued for the tax withholding?

The withheld shares were valued at $334.16 per share. This value is used to calculate the tax liability satisfied through share withholding when restricted stock units vest, according to the Form 4 transaction details and accompanying footnote.

How many Carvana (CVNA) shares does Taira Thomas own after this transaction?

Following the tax-withholding disposition, Taira Thomas directly owned 65,950 shares of Carvana Class A common stock. This figure reflects her direct holdings after 675 shares were withheld to cover taxes on vested restricted stock units.

Was Taira Thomas’s Carvana (CVNA) Form 4 transaction an open-market sale?

No, the transaction was a tax-withholding disposition, not an open-market sale. Shares were withheld by the issuer to cover tax obligations upon RSU vesting, as indicated by transaction code F and the explanatory footnote.