CARVANA CO.·4

Apr 3, 4:29 PM ET

GILL DANIEL J. 4

Research Summary

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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.