Carvana (CVNA) President Taira Thomas Withholds 580 Shares for Taxes

What Happened
Taira Thomas, President, Special Projects at Carvana (CVNA), had 580 shares of Class A common stock withheld to cover tax liability upon the vesting of restricted stock units. The withholding was executed at $401.11 per share for a total value of $232,644. This was a tax-withholding disposition (routine), not an open-market sale or purchase.

Key Details

• Transaction date: 2026-02-01; Filing date (Form 4): 2026-02-03 — filing appears timely.
• Shares withheld/disposed: 580 at $401.11 per share; total value ~$232,644.
• Shares owned after transaction: Not specified in the provided filing.
• Footnote: F1 — shares were withheld to satisfy tax withholding on vested RSUs (i.e., cashless/tax withholding upon vesting).
• Transaction type code: F (tax withholding), not a purchase (P) or sale for cash (S).

Context
Tax-withholding transactions on RSU vesting are routine and do not necessarily signal insider sentiment about the company. This was an internal settlement to cover taxes rather than a voluntary sale to raise cash or a new purchase of shares.