Carvana (CVNA) CBO Ryan Keeton Withholds 577 Shares for Taxes

What Happened
Ryan S. Keeton, Chief Brand Officer of Carvana (CVNA), had 577 shares of Class A common stock withheld to satisfy tax withholding on vested restricted stock units. The shares were valued at $382.60 each, for a total withholding value of $220,760. This was a tax-withholding disposition (routine), not an open-market sale or purchase.

Key Details

• Transaction date: 2026-05-01; withholding price: $382.60 per share.
• Shares withheld/disposed: 577; total value ≈ $220,760.
• Filing date: 2026-05-05 — filing appears timely.
• Footnote: F1 indicates these shares were withheld to cover taxes upon RSU vesting.
• Shares owned after transaction: not specified in the filing.

Context
Tax-withholding on vested RSUs is a common administrative action (coded F) and generally does not indicate a managerial view on the company’s stock price. This was not an open-market sale; shares were surrendered to cover tax liability rather than sold for cash proceeds.