BREAUX PAUL W. 4

What Happened

• Paul W. Breaux, Vice President, General Counsel, Secretary, and Chief Compliance Officer of Carvana (CVNA), had 2,870 shares of Class A common stock withheld to satisfy tax liabilities upon the vesting of restricted stock units. The shares were recorded at $312.09 each, totaling approximately $895,698.
• This was a tax-withholding disposition tied to RSU vesting (routine), not an open-market sale or a purchase.

Key Details

• Transaction date: 2026-04-01; Filing date: 2026-04-03 (appears timely).
• Price per share reported: $312.09; Shares withheld/disposed: 2,870; Total value: ~$895,698.
• Footnote: F1 indicates these shares were withheld to cover taxes upon vesting of restricted stock units.
• Shares owned after the transaction: not specified in the provided filing.
• Transaction code F = tax withholding (not a market sale); no 10b5-1 plan or late filing indicated in this report.

Context

• Withholding shares to cover taxes is a common, administrative action when RSUs vest; it does not necessarily signal the insider's view on the company's stock.
• For retail investors, purchases and open-market sales often carry more interpretive weight than tax-withholding dispositions like this one.