KEETON RYAN S. 4

What Happened
Ryan S. Keeton, Chief Brand Officer of Carvana (CVNA), had 1,892 shares of Class A common stock withheld to satisfy tax obligations when restricted stock units vested. The filing reports a per-share amount of $312.09, for a total value of $590,474. This was a tax-withholding/settlement of RSUs (disposition coded F), not an open-market sale.

Key Details

• Transaction date and price: 2026-04-01 at $312.09 per share.
• Shares involved: 1,892 shares withheld; total value ≈ $590,474.
• Transaction code: F (shares withheld to cover tax withholding upon vesting).
• Footnote: F1 — Represents shares of Class A Common Stock withheld for taxes upon vesting of restricted stock units.
• Shares owned after transaction: Not specified in the Form 4 filing.
• Filing date / timeliness: Form filed 2026-04-03; appears timely (filed within required reporting window).

Context
This was a routine tax-withholding transaction tied to RSU vesting (a common corporate practice). Such withholdings reduce the insider’s share count to cover taxes and are generally administrative rather than a market-driven sale or purchase.