BREAUX PAUL W. 4

What Happened
Paul W. Breaux — Vice President, General Counsel, Secretary and Chief Compliance Officer of Carvana Co. (CVNA) — had 4,455 shares of Class A common stock withheld to satisfy tax withholding obligations upon vesting of restricted stock units. The withholding was reported as a disposition at $71.00 per share, totaling approximately $316,305, on June 1, 2026.

Key Details

• Transaction date: June 1, 2026; filing date: June 3, 2026 (appears within the required two-business-day reporting window).
• Transaction type: Tax withholding upon RSU vesting (code F). 4,455 shares withheld at $71.00/share = $316,305.
• Shares owned after transaction: Not specified in the provided excerpt of the filing.
• Footnotes: F1 = shares withheld for taxes on vested RSUs; F2 = amounts reflect a 5-for-1 forward stock split completed May 7, 2026.
• This is a routine tax-withholding disposition, not an open-market investment sale (no 10b5-1 or other trading plan indicated in the excerpt).

Context
Withholding shares to cover taxes on vested RSUs is a common administrative transaction and does not necessarily signal an intent to reduce an insider’s long-term stake. The filing shows the shares were retained by the company (or broker) to satisfy tax obligations rather than an active market sell-off.