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Carvana Co.

Carvana Co. (CVNA) — Form 144: Proposed sale of shares

144CVNAFiled Oct 30, 2026, 8:01 PM ET

AI-generated summary

10% Stockholder GARCIA ERNEST C. II proposed to sell 10,000,000 shares of Carvana Co. Class A Common Stock with an aggregate market value of $682,900,000, through broker Citigroup Global Markets Inc. The proposed sale has an approximate sale date of 2026-10-30. The shares were acquired on 2017-04-27 through Conversion - Exchange of Units.

View original filing on SEC.gov (opens SEC EDGAR)

Key facts

Seller
GARCIA ERNEST C. II
Relationship
10% Stockholder
Shares to sell
10,000,000
Market value
$682,900,000.00
Approximate sale date
Oct 30, 2026
Broker
Citigroup Global Markets Inc.
Acquired
Apr 27, 2017 · Conversion - Exchange of Units
Remarks
  1. The shares to be sold are held by ECG II SPE II, LLC, hereinafter ECG, an entity wholly owned by Ernest C. Garcia II, as Class B Common Stock of issuer and Class A Common Units of Carvana Group, LLC, hereinafter, Underlying Securities. Following procedures described in the interpretive letter from the SEC staff to Bank of America, N.A., Merrill Lynch, Pierce, Fenner & Smith Incorporated, dated December 1, 2011, ECG has entered into covered call transactions relating to Class A Common Stock of issuer with the broker or its affiliate listed in Part 3(b) above, intending to write 10,000,000 covered call options over Class A Common Stock of the issuer, ECG has pledged the Underlying Securities for the transactions.

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Not investment advice. Summaries can contain errors; the SEC filing is the official record.