0001690820-25-000279.txt : 20250714 0001690820-25-000279.hdr.sgml : 20250714 20250714175610 ACCESSION NUMBER: 0001690820-25-000279 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20250711 FILED AS OF DATE: 20250714 DATE AS OF CHANGE: 20250714 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: GARCIA ERNEST C. III CENTRAL INDEX KEY: 0001700548 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38073 FILM NUMBER: 251122602 MAIL ADDRESS: STREET 1: 300 E RIO SALADO PKWY CITY: TEMPE STATE: AZ ZIP: 85281 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: CARVANA CO. CENTRAL INDEX KEY: 0001690820 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-AUTO DEALERS & GASOLINE STATIONS [5500] ORGANIZATION NAME: 07 Trade & Services EIN: 814549921 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 300 E. RIO SALADO PARKWAY CITY: TEMPE STATE: AZ ZIP: 85281 BUSINESS PHONE: (480) 719-8809 MAIL ADDRESS: STREET 1: 300 E. RIO SALADO PARKWAY CITY: TEMPE STATE: AZ ZIP: 85281 4 1 wk-form4_1752530162.xml FORM 4 X0508 4 2025-07-11 0 0001690820 CARVANA CO. CVNA 0001700548 GARCIA ERNEST C. III C/O CARVANA CO. 300 E. RIO SALADO PARKWAY TEMPE AZ 85281 1 1 1 0 Chief Executive Officer 1 Class A Common Stock 2025-07-11 4 S 0 571 342.78 D 665869 I Ernest Irrevocable 2004 Trust III Class A Common Stock 2025-07-11 4 S 0 571 342.78 D 765869 I Ernest C. Garcia III Multi-Generational Trust III Class A Common Stock 2025-07-11 4 S 0 494 343.43 D 665375 I Ernest Irrevocable 2004 Trust III Class A Common Stock 2025-07-11 4 S 0 493 343.96 D 765376 I Ernest C. Garcia III Multi-Generational Trust III Class A Common Stock 2025-07-11 4 S 0 232 344.79 D 665143 I Ernest Irrevocable 2004 Trust III Class A Common Stock 2025-07-11 4 S 0 232 344.79 D 765144 I Ernest C. Garcia III Multi-Generational Trust III Class A Common Stock 2025-07-11 4 S 0 705 345.62 D 664438 I Ernest Irrevocable 2004 Trust III Class A Common Stock 2025-07-11 4 S 0 705 345.62 D 764439 I Ernest C. Garcia III Multi-Generational Trust III Class A Common Stock 2025-07-11 4 S 0 128 346.93 D 664310 I Ernest Irrevocable 2004 Trust III Class A Common Stock 2025-07-11 4 S 0 128 346.93 D 764311 I Ernest C. Garcia III Multi-Generational Trust III Class A Common Stock 2025-07-11 4 S 0 663 348.02 D 663647 I Ernest Irrevocable 2004 Trust III Class A Common Stock 2025-07-11 4 S 0 663 348.02 D 763648 I Ernest C. Garcia III Multi-Generational Trust III Class A Common Stock 2025-07-11 4 S 0 632 349.04 D 663015 I Ernest Irrevocable 2004 Trust III Class A Common Stock 2025-07-11 4 S 0 632 349.04 D 763016 I Ernest C. Garcia III Multi-Generational Trust III Class A Common Stock 2025-07-11 4 S 0 1160 349.70 D 661855 I Ernest Irrevocable 2004 Trust III Class A Common Stock 2025-07-11 4 S 0 1161 350.10 D 761855 I Ernest C. Garcia III Multi-Generational Trust III Class A Common Stock 2025-07-11 4 S 0 348 350.58 D 661507 I Ernest Irrevocable 2004 Trust III Class A Common Stock 2025-07-11 4 S 0 347 350.90 D 761508 I Ernest C. Garcia III Multi-Generational Trust III Class A Common Stock 2025-07-11 4 S 0 67 351.54 D 661440 I Ernest Irrevocable 2004 Trust III Class A Common Stock 2025-07-11 4 S 0 68 351.64 D 761440 I Ernest C. Garcia III Multi-Generational Trust III Class A Common Stock 924384 D The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 13, 2024. This transaction was executed in multiple trades at prices ranging from $342.13 to $343.13 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. These shares of Class A Common Stock are held directly by the Ernest Irrevocable 2004 Trust III (the "Irrevocable Trust"). The Reporting Person is the Investment Trustee and Co-Administrative Trustee of the Irrevocable Trust. These shares of Class A Common Stock are held directly by the Ernest C. Garcia III Multi-Generational Trust III (the "Multi-Generational Trust"). The Reporting Person is the Investment Trustee and Co-Administrative Trustee of the Multi-Generational Trust. This transaction was executed in multiple trades at prices ranging from $343.14 to $343.78 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. This transaction was executed in multiple trades at prices ranging from $343.78 to $344.13 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. This transaction was executed in multiple trades at prices ranging from $344.15 to $345.13, 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. This transaction was executed in multiple trades at prices ranging from $345.17 to $346.13 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. This transaction was executed in multiple trades at prices ranging from $346.18 to $347.17 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. This transaction was executed in multiple trades at prices ranging from $347.41 to $348.39 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. This transaction was executed in multiple trades at prices ranging from $348.43 to $349.42 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. This transaction was executed in multiple trades at prices ranging from $349.45 to $349.91, 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. This transaction was executed in multiple trades at prices ranging from $349.91 to $350.42, 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. This transaction was executed in multiple trades at prices ranging from $350.46 to $350.70, 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. This transaction was executed in multiple trades at prices ranging from $350.70 to $351.43, 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. This transaction was executed in multiple trades at prices ranging from $351.52 to $351.63, 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. This transaction was executed in multiple trades at prices ranging from $351.63 to $351.68, 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. /s/ Paul Breaux, by Power of Attorney for Ernest C. Garcia, III 2025-07-14