Carvana Co.
Ira J. Platt (Director) sells CVNA shares
AI-generated summary
Director Ira J. Platt exercised 30,000 options for $90,000 and sold 30,000 shares of Class A Common Stock for an average price of $71.74, totaling $2,152,200. Following these transactions, Ira J. Platt directly held 186,470 shares.
Key facts
- Insider
- Ira J. Platt · Director
| Date | Transaction | Shares | Price | Value | Held after | Ownership |
|---|---|---|---|---|---|---|
| Nov 3, 2026 | M · exercise or conversion of a derivative | +15,000 | $3.00 | $45,000.00 | 201,470 | Direct |
| Nov 3, 2026 | S · open-market saleFootnotes F1, F2 | −15,000 | $71.32 | $1,069,800.00 | 186,470 | Direct |
| Nov 3, 2026 | M · exercise or conversion of a derivative | +15,000 | $3.00 | $45,000.00 | 201,470 | Direct |
| Nov 3, 2026 | S · open-market saleFootnotes F1, F3 | −15,000 | $72.16 | $1,082,400.00 | 186,470 | Direct |
| Nov 3, 2026 | M · exercise or conversion of a derivativeStock Options (Right to Buy)Footnotes F7 | −15,000 | $0.00 | $0.00 | 44,640 | Direct |
| Nov 3, 2026 | M · exercise or conversion of a derivativeStock Options (Right to Buy)Footnotes F7 | −15,000 | $0.00 | $0.00 | 29,640 | Direct |
Footnotes
- F1 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.
- F2 This transaction was executed in multiple trades at prices ranging from $71.15 to $71.49 inclusive.
- F3 This transaction was executed in multiple trades at prices ranging from $72.00 to $72.34 inclusive.
- F4 These Class A Shares are held directly by the Ira J. Platt Revocable Trust (the "Revocable Trust"). The Reporting Person is co-trustee of the Revocable Trust, and the Reporting Person's spouse is the primary beneficiary of the Revocable Trust.
- F5 Represents shares of Class A common stock held directly by the Georgiana Platt and Successors Remainder Trust (the "Settlers Trust"). The Reporting Person's spouse is co-trustee and primary beneficiary of the Settlers Trust.
- F6 Represents shares of Class A common stock held by the Platt Family Foundation (the "Foundation"), a charitable organization. The Reporting Person has voting and investment power over all securities owned by the Foundation. The Reporting Person disclaims beneficial ownership of the shares, except to the extent of his pecuniary interest therein.
- F7 The non-qualified stock options representing the right to purchase for the exercise price Class A Common Stock of the Issuer vested 25% on April 27, 2018 and monthly thereafter for the following three years, subject to the Reporting Person's continued service with the Issuer.
More CVNA filings
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Filed Nov 3, 2026
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Not investment advice. Summaries can contain errors; the SEC filing is the official record.