Carvana (CVNA) President Taira Thomas Withholds 675 Shares for Taxes

What Happened Taira Thomas, President, Special Projects at Carvana (CVNA), had 675 shares of Class A common stock withheld to cover tax liabilities related to vested restricted stock units. The withholding was recorded on 2026-03-01 at an implied value of $334.16 per share, totaling $225,558. This is a tax-withholding disposition (not an open-market sale) tied to RSU vesting and is routine.

Key Details

• Transaction date: 2026-03-01; withholding price recorded at $334.16 per share.
• Shares withheld/disposed: 675; total value withheld: $225,558.
• Filing date: Form 4 filed 2026-03-03 — appears to be timely relative to the 2‑business‑day reporting window.
• Footnote: F1 states these shares were withheld to satisfy tax obligations upon RSU vesting.
• Shares owned after the transaction: not specified in the information provided in this summary.

Context

• Tax-withholding on vested RSUs is a common administrative disposition and does not necessarily indicate the insider is selling shares for investment reasons.
• Transaction code F denotes shares surrendered or withheld to cover taxes; this differs from an open-market sale (which would be a stronger signal of sentiment).