Palmer Stephen R 4
4 · CARVANA CO. · Filed May 5, 2026
Research Summary
AI-generated summary of this filing
Carvana VP Stephen Palmer Sells 651 Shares to Cover Taxes
What Happened
- Stephen R. Palmer, Vice President of Accounting at Carvana Co. (CVNA), had 651 shares of Class A common stock withheld/disposed to cover tax withholding upon the vesting of restricted stock units. The shares were valued at $382.60 each, for a total value of $249,073, per the Form 4 reporting a 2026-05-01 transaction.
Key Details
- Transaction date: 2026-05-01; Filing date (Form 4): 2026-05-05.
- Price per share: $382.60; Total value: $249,073.
- Transaction code: F (tax withholding upon vesting of RSUs).
- Footnote: F1 — shares withheld for taxes upon RSU vesting.
- Shares owned after the transaction: not specified in the supplied filing summary.
Context
- This was a tax-withholding disposition related to RSU vesting (a routine administrative action), not an open-market sale intended as a directional bet on the stock. Such withholdings are common when restricted stock units vest and do not by themselves indicate insider sentiment.
Insider Transaction Report
Form 4
CARVANA CO.CVNA
Palmer Stephen R
Vice President of Accounting
Transactions
- Tax Payment
Class A Common Stock
[F1]2026-05-01$382.60/sh−651$249,073→ 32,240 total
Footnotes (1)
- [F1]Represents total number of shares of Class A Common Stock of the Issuer withheld for taxes upon vesting of restricted stock units pursuant to various awards.
Signature
/s/ Paul Breaux, by Power of Attorney for Stephen R. Palmer|2026-05-05