CARVANA CO.·4

Apr 16, 7:00 PM ET

QUAYLE J DANFORTH 4

4 · CARVANA CO. · Filed Apr 16, 2026

Research Summary

AI-generated summary of this filing

Updated

Carvana (CVNA) Director Quayle Danforth Receives Stock Award

What Happened

  • Quayle J. Danforth, a director of Carvana Co. (CVNA), was granted a total of 1,079 restricted stock units (RSUs) on April 14, 2026. The filing shows 297 RSUs granted that vested immediately and 782 RSUs granted that vest on May 1, 2027. The grants were reported with an acquisition price of $0.00 (typical for RSU grants).

Key Details

  • Transaction date: April 14, 2026; Form 4 filed April 16, 2026.
  • Grants reported: 297 RSUs (vested immediately) and 782 RSUs (100% vest May 1, 2027).
  • Reported acquisition price: $0.00 (these are awards, not open-market purchases).
  • Shares owned after transaction: not specified in the provided filing excerpt.
  • Footnotes from the filing:
    • F1: 297 shares represent RSUs that vested 100% immediately on grant.
    • F2: 782 shares represent RSUs that vest 100% on May 1, 2027, subject to continued service.
  • Filing timeliness: filing date is April 16, 2026 for April 14 transactions (no late-filing indication in the provided data).

Context

  • RSU grants are compensatory awards, not purchases or sales. Immediate vesting means those 297 shares became actual shares right away; the 782 RSUs are time‑based and require continued service through May 1, 2027 to convert to shares.
  • Such awards are routine director compensation and do not, by themselves, indicate the insider’s view of the company’s stock price.

Insider Transaction Report

Form 4
Period: 2026-04-14
Transactions
  • Award

    Class A Common Stock

    [F1]
    2026-04-14+29742,210 total
  • Award

    Class A Common Stock

    [F2]
    2026-04-14+78242,992 total
Holdings
  • Class A Common Stock

    (indirect: By Trust)
    12,500
Footnotes (2)
  • [F1]Represents shares of Class A Common Stock of Carvana Co. (the "Issuer") underlying restricted stock units acquired by the Reporting Person. 100% of the restricted stock units vest immediately on grant.
  • [F2]Represents shares of Class A Common Stock of the Issuer underlying restricted stock units acquired by the Reporting Person. The restricted stock units vest 100% on May 1, 2027, subject to the Reporting Person's continued service with the Issuer as of such date.
Signature
/s/ Paul Breaux, by Power of Attorney for J. Danforth Quayle|2026-04-16

Documents

1 file
  • 4
    wk-form4_1776380418.xmlPrimary

    FORM 4