PARIKH NEHA 4
Research Summary
AI-generated summary
Carvana (CVNA) Director Neha Parikh Receives 1,142-Share Award
What Happened
Neha Parikh, a director of Carvana Co. (CVNA), was granted a total of 1,142 restricted stock units (RSUs) on April 14, 2026. The filing shows two grants: 360 RSUs that vested immediately and 782 RSUs that vest 100% on May 1, 2027. Both grants were recorded at an acquisition price of $0.00 (standard for RSU awards).
Key Details
- Transaction date: 2026-04-14 (reported on Form 4 filed 2026-04-16).
- Grants: 360 RSUs (vested immediately) and 782 RSUs (vest 100% on 2027-05-01).
- Price: $0.00 per share (RSU award).
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnotes: F1 confirms the 360 RSUs represent Class A common stock that vested immediately; F2 confirms the 782 RSUs vest 100% on May 1, 2027, subject to continued service.
- Timeliness: Filed within the normal 2-business-day Form 4 reporting window.
Context
RSU grants are compensation awards, not open-market purchases or sales, so they don’t directly signal a buying/selling decision. The immediately vested portion provides Parikh with current shares, while the later-vesting portion is contingent on continued service through May 1, 2027.