CARVANA CO.·4

May 1, 7:02 PM ET

GILL DANIEL J. 4

4 · CARVANA CO. · Filed May 1, 2026

Research Summary

AI-generated summary of this filing

Updated

Carvana (CVNA) CPO Daniel J. Gill Receives RSUs; Shares Withheld for Taxes

What Happened

  • Daniel J. Gill, Chief Product Officer of Carvana (CVNA), had 19,879 performance-based RSUs vest on April 29, 2026 (acquired at $0.00). To satisfy tax withholding, 10,095 of those shares were withheld/disposed at an indicated value of $396.59 per share, totaling $4,003,576. Net shares delivered to Gill after withholding were 9,784.

Key Details

  • Transaction date: 2026-04-29 (filed on 2026-05-01; appears timely)
  • Reported transactions: A = Award/Grant (19,879 RSUs vested at $0.00); F = Shares withheld for taxes (10,095 shares @ $396.59, $4,003,576)
  • Footnotes: F1 — These were performance RSUs granted 1/24/2024; the performance condition was met and they vested 4/29/2026. F2 — 10,095 shares were withheld to satisfy tax obligations upon vesting.
  • Shares owned after transaction: not specified in the provided filing excerpt.

Context

  • This was a vesting of performance RSUs, not an open-market purchase or a voluntary sale. The withholding of shares to cover tax liability is a routine administrative disposition and does not necessarily indicate a decision to sell shares for investment reasons.

Insider Transaction Report

Form 4
Period: 2026-04-29
GILL DANIEL J.
Chief Product Officer
Transactions
  • Award

    Class A Common Stock

    [F1]
    2026-04-29+19,879202,345 total
  • Tax Payment

    Class A Common Stock

    [F2]
    2026-04-29$396.59/sh10,095$4,003,576192,250 total
Footnotes (2)
  • [F1]Represents restricted stock units ("RSUs") granted on January 24, 2024 under the Reporting Person's Performance Restricted Stock Unit Award Agreement between Carvana Co. and the Reporting Person, dated January 24, 2024. The performance condition for the RSUs reported herein has been met, and all RSUs reported herein vested on April 29, 2026.
  • [F2]Represents shares of Class A Common Stock of the Issuer withheld for taxes upon vesting of RSUs under the Performance Restricted Stock Unit Award Agreement.
Signature
/s/ Paul Breaux, by Power of Attorney for Daniel J. Gill|2026-05-01

Documents

1 file
  • 4
    wk-form4_1777676517.xmlPrimary

    FORM 4