BREAUX PAUL W. 4

What Happened
Paul W. Breaux, Vice President, General Counsel, Secretary, and Chief Compliance Officer of Carvana Co. (CVNA), had 4,453 shares of Class A common stock withheld to satisfy tax withholding related to vested restricted stock units. The reported per-share value was $67.87, for a total tax-withholding value of roughly $302,225. This was a tax-withholding disposition (transaction code F), not an open-market sale intended as investment activity.

Key Details

• Transaction date: July 1, 2026; filing date (Form 4): July 2, 2026 (timely filed).
• Price reported: $67.87 per share; total value withheld ≈ $302,225.
• Shares involved: 4,453 shares withheld to cover taxes on RSU vesting (Footnote F1).
• Shares owned after transaction: not specified in the provided excerpt of the filing.
• Footnote: F1 indicates these shares were withheld for taxes upon vesting of restricted stock units. Transaction code F denotes tax withholding.

Context
Withholding shares to cover taxes on vested RSUs is a common, administrative action and does not necessarily indicate insider sentiment about the company's stock. For retail investors, outright purchases by insiders are typically more informative about confidence in the company than routine tax-withholding dispositions.