KEETON RYAN S. 4

What Happened

• Ryan S. Keeton, Chief Brand Officer of Carvana Co. (CVNA), had 2,879 shares of Class A common stock withheld to cover taxes upon the vesting of restricted stock units. The reported withholding is valued at $204,409 based on a price of $71.00 per share.

Key Details

• Transaction date and price: 2026-06-01 at $71.00 per share.
• Shares withheld/disposed: 2,879 shares — proceeds/value shown as $204,409.
• Transaction code: F — tax withholding to satisfy tax liability on RSU vesting (not an open-market sale).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnotes: (F1) Withheld shares represent taxes on vested restricted stock units; (F2) all amounts reflect the 5-for-1 forward stock split effective May 7, 2026.
• Filing timeliness: Report filed 2026-06-03 for a 2026-06-01 transaction — appears timely (within the standard two-business-day window).

Context

• This was a routine tax-withholding/settlement of vested RSUs, which is a common administrative disposition and does not necessarily indicate a discretionary sell by the insider. Such withholdings reduce the insider’s share count but are not the same as an open-market sale.