Insider trade

Officer sold ~$409K of CVNA shares in the open market

Traded Nov 3, 2025 · Filed Nov 5, 2025

~$409K
Approx. value · 1,240 sh @ $329.93: 104K
Holds after · shares reported: −4.1%
stock since the trade · S&P 500 +13.4%, $66.47 → $63.72 on Oct 5

Why it stands out

Carvana's Chief Operating Officer sold $409K of Carvana shares. The filing says it was made under a pre-arranged trading plan.

Written from the filing's own figures. OQRO describes what was reported and never tells you what to buy or sell

View the official recordSEC Form 4 — Statement of Changes in Beneficial Ownership

All the details

Dates, kept separate

Transaction date: Nov 3, 2025
Reporting period: Not applicable
Filed with the SEC: Nov 5, 2025

Officer$100K–$500KPre-arranged plan referenced

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$409,113

Shares × reported transaction price

Timing vs results

5 days after results of Oct 29, 2025, 107 days before results of Feb 18, 2026

Results dates are the company's own 8-K (Item 2.02). Many companies only let insiders trade in a window after results

Price at the time

Closed at $66.47 on Nov 3, 2025, 104% above its 52-week low and 16% below its high, after a 15% drop over the previous 30 trading days

52-week range $32.51 (Apr 4, 2025) to $79.08 (Oct 1, 2025), 73% of the way up, from 250 adjusted closes. 30 trading days earlier: $78.17 on Sep 22, 2025. Describes the past only, not a forecast

Planned / mechanical clue

Footnote references a pre-arranged trading plan (Rule 10b5-1)

Only flagged when a footnote says so; never inferred

After it was reported

After	Stock	S&P 500	Difference
7 days	+6.0%	+0.9%	+5.1%
30 days	+29.1%	+1.2%	+27.9%
90 days	+32.5%	+1.8%	+30.8%
180 days	+21.6%	+6.0%	+15.6%

Past results only. Not a forecast.

Source receipt

Record ID: 0001700537-25-000009
Filed / recorded: Nov 5, 2025, 3:49 AM UTC
Added to OQRO: Oct 2, 2026, 12:27 PM UTC
Parser: form4-xml-v1
Data quality: Verified: identifiers matched exactly
Issuer: CARVANA CO.
Issuer CIK: 1690820
Ticker: CVNA
Reporting person: Benjamin E. Huston
Relationship: Officer
Officer title: Chief Operating Officer
Security: Class A Common Stock
Table: Non-derivative (Table I)
Transaction date: Nov 3, 2025
Transaction code: S
Shares / units: 1,240
Price per share: $329.93
Acquired / disposed: Disposed (D)
Shares owned after: 103,618
Ownership form: Direct
Amendment: No

Footnotes from the filing

The reported option exercises and sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 13, 2024 (the "10b5-1 Plan").
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 $329.48 to $330.24, inclusive.

Around the same time

Michael E MarooneDirector

Filed 10mo ago

31KShares · @ $15.00

Traded Dec 3, 2025 · filed 2 days later

Derivative exercise or conversion — not an open-market buy.

More Official record

Michael E Maroone (Director) sold ~$11.8M of Carvana

Scheduled in advanceFiled 10mo ago

Michael E Maroone (Director) sold ~$542K of Carvana

Scheduled in advanceFiled 10mo ago