GILL DANIEL J. 4
4 · CARVANA CO. · Filed Apr 3, 2026
Research Summary
AI-generated summary of this filing
Carvana CPO Daniel J. Gill Sells 4,954 Shares (Tax Withholding)
What Happened
Daniel J. Gill, Chief Product Officer of Carvana Co. (CVNA), had 4,954 shares of Class A common stock disposed on April 1, 2026 as tax withholding related to vested restricted stock units. The shares were valued at $312.09 each, for a total of $1,546,094. This was a withholding to satisfy tax obligations on vesting, not an open-market sale initiated for investment reasons.
Key Details
- Transaction date: 2026-04-01
- Price per share: $312.09; Total value: $1,546,094
- Transaction code: F — shares withheld to cover tax liability upon RSU vesting
- Footnote: F1 confirms these shares were withheld for taxes upon vesting of restricted stock units
- Filing date: 2026-04-03 (file appears timely; Form 4s are generally due within two business days)
- Shares owned after transaction: not specified in the provided filing
Context
Tax-withholding dispositions (code F) are routine administrative transactions when RSUs vest; they represent shares surrendered to cover payroll/tax obligations rather than a discretionary sale. Such withholding does not necessarily indicate the insider's view on the company's prospects.
Insider Transaction Report
- Tax Payment
Class A Common Stock
[F1]2026-04-01$312.09/sh−4,954$1,546,094→ 182,466 total
Footnotes (1)
- [F1]Represents total number of shares of Class A Common Stock of the Issuer withheld for taxes upon vesting of restricted stock units pursuant to various awards.