Carvana VP Paul Breaux Receives 85,336-Share RSU Award

What Happened Paul W. Breaux, Vice President, General Counsel, Secretary and Chief Compliance Officer of Carvana Co. (CVNA), was granted 85,336 restricted stock units (RSUs) on 2026-08-03 (reported as an acquisition at $0.00) and had 4,453 shares withheld on 2026-08-01 to cover taxes upon vesting. The withheld shares were recorded at $62.36 each, totaling $277,689. The RSU award is not a market purchase — it’s a compensation grant that vests over time.

Key Details

• Transactions reported:
  • 2026-08-01 — 4,453 shares withheld for taxes at $62.36/sh (Disposition under tax withholding), proceeds/value reported $277,689. (Footnote F1)
  • 2026-08-03 — 85,336 RSUs granted (Acquisition, $0.00 reported). (Footnote F2)
• Vesting schedule (Footnote F2): 25% vests April 1, 2027, then monthly vesting over the following three years, subject to continued service.
• Filing: Form 4 filed with accession 0001700545-26-000018 on 2026-08-04 reporting the above transactions. (Investors should consult the SEC filing for exact timeliness details.)
• Shares owned after the transactions: not specified in the information provided.

Context

• RSUs are compensation awards that convert to shares as they vest; the 85,336 shares reported are subject to future vesting and service conditions, so they do not represent immediately tradable shares.
• The 4,453-share disposition was a routine tax-withholding event (code F) tied to vesting, not an open-market sell that would signal a trading decision.
• For retail investors, awards indicate executive compensation/retention rather than a direct bullish or bearish market signal; the withholding is a common administrative action.