GILL DANIEL J. 4

What Happened Daniel J. Gill, Chief Product Officer of Carvana (CVNA), had 1,339 shares of Class A common stock withheld to cover taxes upon vesting of restricted stock units. The reported per-share value was $334.16, for a total withholding value of approximately $447,440. This was a tax-withholding disposition (transaction code F), not an open-market sale or purchase.

Key Details

• Transaction date: 2026-03-01
• Price used for withholding: $334.16 per share
• Shares withheld/disposed: 1,339 (total value ≈ $447,440)
• Shares owned after the transaction: Not specified in the provided filing excerpt
• Footnote: F1 — shares withheld to satisfy tax withholding obligations upon RSU vesting
• Filing date: 2026-03-03 — filed two days after the reported transaction date (appears timely)

Context

• This was a tax-withholding event tied to RSU vesting (common practice); the shares were retained by the company (or withheld) to cover the insider’s tax liability, not sold on the open market. Such withholdings are routine and do not necessarily indicate a change in the insider’s view of the company.