Carvana (CVNA) CBO Ryan Keeton Receives Award

What Happened
Ryan S. Keeton, Chief Brand Officer of Carvana Co. (CVNA), was granted 56,742 restricted stock units (RSUs) on 2026-08-03 (acquired at $0). Separately, 2,881 shares were withheld to cover taxes upon vesting on 2026-08-01 at a reported price of $62.36 per share, resulting in proceeds of approximately $179,659. The RSU grant is an award (acquisition) rather than a market purchase; the withheld shares reflect tax withholding (routine disposition).

Key Details

• Transactions: 2026-08-01 — 2,881 shares withheld/taxed at $62.36 (disposition) for ~$179,659; 2026-08-03 — 56,742 RSUs granted (acquired at $0).
• Footnotes: Withholding (F1) represents shares withheld to satisfy tax obligations on vesting. The RSUs (F2) vest 25% on April 1, 2027 and then monthly over the following three years, subject to continued employment.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Filing timeliness: no late-filing flag provided in the supplied data.

Context: RSU grants are compensation awards that vest over time and are not the same as open-market purchases; tax withholding often triggers a disposition of shares at the time of vesting and is routine. These entries show an award and a tax-related share withholding — factual reporting of compensation and withholding, not a direct market buy/sell decision.