Taira Thomas 4

What Happened
Taira Thomas, President, Special Projects at Carvana (CVNA), sold 1,047 shares on February 9, 2026 at $398.54 per share, generating proceeds of approximately $417,271. The sale is reported as a disposition (S) and was executed pursuant to a pre-established Rule 10b5-1 trading plan.

Key Details

• Transaction date and price: 2026-02-09 — 1,047 shares sold at $398.54 each.
• Total proceeds: ~$417,271.
• Shares owned after transaction: Not disclosed in the filing.
• Footnote: Sale effected under a Rule 10b5-1 plan adopted August 8, 2025.
• Filing timeliness: Report filed on 2026-02-11 (appears timely; Form 4 is generally due within two business days).

Context
A 10b5-1 plan lets insiders sell shares according to a pre-set schedule or conditions and is commonly used to avoid trading based on current nonpublic information; such sales are often routine and do not necessarily indicate a change in the insider’s view of the company. For retail investors, purchases are typically more informative about insider sentiment than scheduled sales, but scheduled dispositions provide transparency about insider holdings and liquidity.