Taira Thomas 4

What Happened

• Taira Thomas, President, Special Projects at Carvana (CVNA), sold a total of 5,590 shares in open-market transactions on May 8, 2026. The filings show two reported dispositions: 4,447 shares at $79.80 (proceeds $354,871) and 1,143 shares at $80.63 (proceeds $92,160), totaling approximately $447,031. These sales were executed under a pre-arranged Rule 10b5-1 trading plan.

Key Details

• Transaction dates: May 8, 2026; Form 4 filed May 11, 2026.
• Reported sale amounts: 4,447 shares @ $79.80 (reported VWAP) = $354,871; 1,143 shares @ $80.63 (reported VWAP) = $92,160. Combined: 5,590 shares ≈ $447,031.
• Price execution ranges (per footnotes): first block executed in multiple trades between $79.22 and $80.19; second block between $80.25 and $80.98.
• Footnotes: F1 — trades were made under a 10b5-1 plan adopted Aug 8, 2025; F2 — reported prices reflect volume-weighted average sale prices and additional per-trade details can be provided on request.
• Shares owned after the transaction: not included in the provided excerpt of the filing.

Context

• Sales under a Rule 10b5-1 plan are pre-scheduled, routine transactions and do not necessarily reflect the insider’s current view of the company’s prospects. For retail investors, purchases generally carry more signaling weight than scheduled sales. This filing documents disposals only (no option exercises, gifts, or awards reported).