CARVANA CO.·4

May 1, 7:02 PM ET

GILL DANIEL J. 4

Research Summary

AI-generated summary

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.