Jenkins Mark W.'s Form 4 filing
Carvana Co. (CVNA) · filed Aug 4, 2025
- Accession no.
- 0001690820-25-000334
- Filed
- Aug 4, 2025
- Trade date
- Jul 31-Aug 4, 2025
- Filing delay
- 4 days
- Rule 10b5-1 plan
- Checked
This filing lists 23 non-derivative transactions and 5 derivative transactions. Open-market sales total $19.7M. It was filed 4 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.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Jul 31, 2025 | Class A Common Stock | MOption exerciseAcquired | +17,687 | $296.05 | +$5,236,236.35 | 228,707 | Direct | |
| Jul 31, 2025 | Class A Common Stock | SSaleDisposed | −12,556 | $393.72 | −$4,943,548.32 | 216,151 | Direct | |
| Jul 31, 2025 | Class A Common Stock | SSaleDisposed | −17,687 | $396.05 | −$7,004,936.35 | 198,464 | Direct | |
| Jul 31, 2025 | Class A Common Stock | SSaleDisposed | −300 | $399.22F2 | −$119,766 | 198,164 | Direct | |
| Jul 31, 2025 | Class A Common Stock | SSaleDisposed | −7,144 | $400.00 | −$2,857,600 | 191,020 | Direct | |
| Aug 1, 2025 | Class A Common Stock | MOption exerciseAcquired | +10,000 | $10.07 | +$100,700 | 201,020 | Direct | |
| Aug 1, 2025 | Class A Common Stock | MOption exerciseAcquired | +2,000 | $42.03 | +$84,060 | 203,020 | Direct | |
| Aug 1, 2025 | Class A Common Stock | MOption exerciseAcquired | +750 | $51.97 | +$38,977.5 | 203,770 | Direct | |
| Aug 1, 2025 | Class A Common Stock | SSaleDisposed | −800 | $365.91F3 | −$292,728 | 202,970 | Direct | |
| Aug 1, 2025 | Class A Common Stock | SSaleDisposed | −1,400 | $366.02F4 | −$512,428 | 201,570 | Direct | |
| Aug 1, 2025 | Class A Common Stock | SSaleDisposed | −1,697 | $367.85F5 | −$624,241.45 | 199,873 | Direct | |
| Aug 1, 2025 | Class A Common Stock | SSaleDisposed | −1,100 | $368.82F6 | −$405,702 | 198,773 | Direct | |
| Aug 1, 2025 | Class A Common Stock | SSaleDisposed | −2,082 | $369.94F7 | −$770,215.08 | 196,691 | Direct | |
| Aug 1, 2025 | Class A Common Stock | SSaleDisposed | −500 | $370.85F8 | −$185,425 | 196,191 | Direct | |
| Aug 1, 2025 | Class A Common Stock | SSaleDisposed | −1,000 | $372.41F9 | −$372,410 | 195,191 | Direct | |
| Aug 1, 2025 | Class A Common Stock | SSaleDisposed | −1,121 | $373.34F10 | −$418,514.14 | 194,070 | Direct | |
| Aug 1, 2025 | Class A Common Stock | SSaleDisposed | −800 | $374.42F11 | −$299,536 | 193,270 | Direct | |
| Aug 1, 2025 | Class A Common Stock | SSaleDisposed | −700 | $375.63F12 | −$262,941 | 192,570 | Direct | |
| Aug 1, 2025 | Class A Common Stock | SSaleDisposed | −200 | $377.37F13 | −$75,474 | 192,370 | Direct | |
| Aug 1, 2025 | Class A Common Stock | SSaleDisposed | −400 | $378.55F14 | −$151,420 | 191,970 | Direct | |
| Aug 1, 2025 | Class A Common Stock | SSaleDisposed | −950 | $380.74F15 | −$361,703 | 191,020 | Direct | |
| Aug 1, 2025 | Class A Common Stock | FTax withholdingDisposed | −1,220 | $367.78 | −$448,691.6 | 189,800 | Direct | |
| Aug 4, 2025 | Class A Common Stock | CConversionAcquired | +20,000 | $0.00F17,F18 | $0 | 209,800 | Direct |
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 |
|---|---|---|---|---|---|---|---|---|
| Jul 31, 2025 | Class A Common Stock | MOption exerciseDisposed | −17,687 | $0.00 | $0 | 0 | Direct | |
| Aug 1, 2025 | Class A Common Stock | MOption exerciseDisposed | −10,000 | $0.00 | $0 | 218,513 | Direct | |
| Aug 1, 2025 | Class A Common Stock | MOption exerciseDisposed | −2,000 | $0.00 | $0 | 64,703 | Direct | |
| Aug 1, 2025 | Class A Common Stock | MOption exerciseDisposed | −750 | $0.00 | $0 | 24,596 | Direct | |
| Aug 4, 2025 | Class A Common Stock | CConversionDisposed | −20,000 | $4.88 | −$123,966.64 | 167,470 | 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
This transaction was executed in multiple trades at prices ranging from $399.00 to $399.43, inclusive. The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price.
Referenced by the price of 1 transaction in Table I.
- F3
This transaction was executed in multiple trades at prices ranging from $365.45 to $366.43, inclusive. The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price.
Referenced by the price of 1 transaction in Table I.
- F4
This transaction was executed in multiple trades at prices ranging from $366.47 to $367.32, inclusive. The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price.
Referenced by the price of 1 transaction in Table I.
- F5
This transaction was executed in multiple trades at prices ranging from $367.51 to $368.44, inclusive. The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price.
Referenced by the price of 1 transaction in Table I.
- F6
This transaction was executed in multiple trades at prices ranging from $368.52 to $369.27, inclusive. The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price.
Referenced by the price of 1 transaction in Table I.
- F7
This transaction was executed in multiple trades at prices ranging from $369.55 to $370.25, inclusive. The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price.
Referenced by the price of 1 transaction in Table I.
- F8
This transaction was executed in multiple trades at prices ranging from $370.75 to $371.05, inclusive. The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price.
Referenced by the price of 1 transaction in Table I.
- F9
This transaction was executed in multiple trades at prices ranging from $371.89 to $372.86, inclusive. The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price.
Referenced by the price of 1 transaction in Table I.
- F10
This transaction was executed in multiple trades at prices ranging from $372.89 to $373.85, inclusive. The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price.
Referenced by the price of 1 transaction in Table I.
- F11
This transaction was executed in multiple trades at prices ranging from $374.06 to $374.86, inclusive. The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price.
Referenced by the price of 1 transaction in Table I.
- F12
This transaction was executed in multiple trades at prices ranging from $375.26 to $376.14, inclusive. The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price.
Referenced by the price of 1 transaction in Table I.
- F13
This transaction was executed in multiple trades at prices ranging from $377.08 to $377.66, inclusive. The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price.
Referenced by the price of 1 transaction in Table I.
- F14
This transaction was executed in multiple trades at prices ranging from $378.32 to $378.80, inclusive. The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price.
Referenced by the price of 1 transaction in Table I.
- F15
This transaction was executed in multiple trades at prices ranging from $380.70 to $380.88, inclusive. The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price.
Referenced by the price of 1 transaction in Table I.
- F17
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.
- F18
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.