Taira Thomas 4

What Happened

• Taira Thomas, President, Special Projects at Carvana Co., received 14,099 shares upon the vesting of performance RSUs on April 29, 2026. The award is reported as an acquisition (A) at $0.00 per share. To satisfy tax withholding, 5,830 shares were withheld/disposed (code F) at $396.59 per share, totaling $2,312,120. That leaves a net issuance to Thomas of 8,269 shares (14,099 granted minus 5,830 withheld). This was a vesting/award event, not an open-market purchase or a voluntary sale.

Key Details

• Transaction date: April 29, 2026; Form 4 filed May 1, 2026.
• Award/acquisition: 14,099 shares (RSUs vested) @ $0.00.
• Tax withholding/disposition: 5,830 shares @ $396.59 = $2,312,120 (code F).
• Net new shares retained by insider: 8,269.
• Footnotes: F1 — RSUs granted Jan 24, 2024; performance condition met and vested Apr 29, 2026. F2 — shares were withheld to satisfy tax withholding upon vesting.
• Shares owned after the transaction: not specified in the supplied filing details.
• Filing timeliness: Form 4 filed May 1, 2026 (appears to be within the standard reporting window).

Context

• This is a standard RSU vesting event with shares withheld to cover taxes (a common cashless withholding), not an open-market sale. Withholdings for taxes are routine and generally not interpreted as a signal about the insider’s view of the company’s stock.