Jenkins Mark W.'s Form 4 filing
Carvana Co. (CVNA) · filed Jun 9, 2025
- Accession no.
- 0001690820-25-000229
- Filed
- Jun 9, 2025
- Trade date
- Jun 6-9, 2025
- Filing delay
- 3 days
- Rule 10b5-1 plan
- Checked
This filing lists 2 non-derivative transactions and 2 derivative transactions. Open-market sales total $7.00M. It was filed 3 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Jenkins Mark W.CIK 0001700540 | Officer (Chief Financial Officer) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Jun 9, 2025 | Class A Common Stock | CConversionDisposed | −14,400 | $4.88 | −$89,430.88 | 0 | Direct | |
| Jun 9, 2025 | Class A Common Stock | CConversionDisposed | −5,600 | $4.88 | −$34,779.76 | 192,873 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F2
Mr. Jenkins was granted the 60,000 Class B Units on January 28, 2016 with a participation threshold of $4.878, 12,000 of which vested on March 1, 2016 and 1,000 of which vested on the first of each month thereafter. The Class B Units have no expiration date.
Referenced by the price of 1 transaction in Table I.
- F3
Pursuant to an exchange agreement among the Issuer and certain common unit holders of Carvana Group, LLC, dated April 27, 2017 (the "Exchange Agreement"), holders of Class B Units may exchange their Class B Units for a number of shares of the Issuer's Class A Common Stock equal to the Class A Common Stock Value less the Adjusted Participation Threshold (as each term is defined in the Exchange Agreement) multiplied by 0.8 times the number of Class B Units being exchanged, divided by the Class A Common Stock Value.
Referenced by the price of 1 transaction in Table I.
- F4
The Reporting Person was granted the 200,000 Class B Units on March 24, 2015 with a participation threshold of $4.878, 40,000 of which vested on March 1, 2016 and 3,333 of which vested on the first of each month thereafter. The Class B Units have no expiration date.
Referenced by the price of 1 transaction in Table I.