Carvana (CVNA) President Taira Thomas Receives RSU Award

What Happened
Taira Thomas, President, Special Projects at Carvana Co. (CVNA), received a grant of 80,547 restricted stock units (RSUs) on 2026-08-03 (recorded as an acquisition, $0.00 per share). Prior to that, 3,948 shares were withheld on 2026-08-01 to cover taxes related to vesting (disposed at $62.36 per share for a withholding value of $246,197). The RSU grant is an award (not an open-market purchase); the withholding sale is a routine tax-related disposition.

Key Details

• Transaction dates: 2026-08-01 (tax withholding/disposition) and 2026-08-03 (RSU grant/acquisition).
• Prices/values: 3,948 shares withheld at $62.36 = $246,197; 80,547 RSUs recorded at $0.00 (grant).
• Shares owned after transaction: Not specified in the provided filing.
• Footnotes: F1 — shares withheld for taxes upon RSU vesting; F2 — the 80,547 RSUs vest 25% on April 1, 2027 and monthly thereafter over the following three years, subject to continued service.
• Filing timeliness: Form filed 2026-08-04; no late-filing indication provided in the supplied data.

Context
RSU grants are compensation awards that convert to actual shares only as they vest; they signal executive compensation but are not equivalent to an open-market purchase. The withheld shares represent a routine tax withholding related to vesting and do not necessarily indicate selling for investment reasons.