GILL DANIEL J. 4

What Happened Daniel J. Gill, Chief Product Officer of Carvana Co. (CVNA), had 1,339 shares of Class A common stock withheld to cover taxes upon vesting of restricted stock units. The shares were recorded at $401.11 each, for a total value of roughly $537,086. This is a tax-withholding disposition (not a market-directed sale or new purchase).

Key Details

• Transaction date: 2026-02-01; Filing date: 2026-02-03 (appears timely).
• Price per share: $401.11; Total value of shares withheld: ~$537,086.
• Shares withheld/disposed: 1,339.
• Shares owned after transaction: not specified in the provided filing details.
• Footnote: F1 indicates these shares were withheld to satisfy tax withholding upon RSU vesting.
• Transaction code: F (tax withholding).

Context Tax-withholdings on vested restricted stock units are routine administrative transactions that satisfy the insider's tax obligations and do not necessarily signal buying or selling sentiment. In practice, companies commonly withhold or sell a portion of vested shares to cover required taxes; this should be viewed differently than an open-market sale or a purchase.