Carvana Co: vice president of accounting Stephen R Palmer sold 8,021 shares

What happened

• Stephen R Palmer, vice president of accounting, disposed of 8,021 shares on Oct 1, 2026, as reported in the Form 4 filed Oct 5, 2026. The filing shows 3,021 shares withheld for taxes at $63.04 for $190,444, and open-market sales of 920 shares at $59.48 for $54,722; 840 shares at $60.75 for $51,030; 920 shares at $61.64 for $56,709; and 2,320 shares at $62.82 for $145,742. Total reported proceeds: $498,647.

Key details

• Transaction date: Oct 1, 2026. Reported prices are $63.04 (withholding) and volume-weighted average sale prices of $59.48, $60.75, $61.64 and $62.82 for the open-market sales.
• Price ranges: the open-market sales were executed in multiple trades at prices ranging $59.04–$60.00; $60.09–$61.04; $61.09–$62.06; and $62.34–$63.21, respectively.
• Shares owned after the transaction: not reported in the filing.
• Footnotes: 3,021 shares were withheld for taxes upon RSU vesting (F1); the reported sales were effected under a Rule 10b5-1 plan adopted May 28, 2025 (F2); the sale prices reflect volume-weighted average prices and the filer can provide trade-by-trade detail on request (F3–F7).
• Filing date: Oct 5, 2026; the filing does not indicate timeliness.

Why it may matter

• The filing shows tax withholding on vested restricted stock units and separate open-market sales executed under a pre-existing 10b5-1 plan. The sales were executed in multiple trades at the price ranges noted above.
• This filing does not show why the insider traded or why the company acted.