MAROONE MICHAEL E 4

What Happened

• Michael E. Maroone, a director of Carvana Co. (CVNA), was granted a total of 1,236 restricted stock units (RSUs) on April 14, 2026. The filing reports two grant lines: 454 RSUs that vested immediately and 782 RSUs that vest 100% on May 1, 2027, subject to continued service. Both grants are reported as acquisitions at $0.00 per share (standard for RSU awards).

Key Details

• Transaction date: 2026-04-14. Form 4 filed: 2026-04-16 (appears timely).
• Transaction type/code: A = award/grant; reported price: $0.00.
• Shares granted: 454 RSUs (immediate vest per footnote F1); 782 RSUs (vest 5/1/2027 per footnote F2); total 1,236 RSUs.
• Shares owned after transaction: total post-grant holdings are not specified in the provided extract. Footnotes indicate additional Class A shares held via the Michael Maroone Family Partnership, LP (F3) and the Family Trust FBO Michael E. Maroone (F4).
• Footnotes: F1 = 100% of those RSUs vested immediately; F2 = those RSUs vest 100% on 5/1/2027 subject to continued service; F3/F4 describe family entities holding shares.
• No 10b5-1 plan, tax withholding, or late-filing flag noted in the provided data.

Context

• These transactions are compensation awards (RSUs), not open-market purchases or sales. Immediate vesting means the 454 shares became owned immediately; the 782 shares are contingent on continued service through May 1, 2027. Awards are common executive compensation and do not by themselves indicate the insider’s market view.