Form 4: Carvana CFO Sells Shares
Insider Transaction (Form 4)
Mark W. Jenkins, Chief Financial Officer of Carvana Co., sold 63,750 shares of common stock on October 1, 2026.
Summary
- Tax/exercise-price withholding: disposed of 7,016 Class A Common Stock at $63.04 ($442,289) on October 1, 2026; holds 1,142,502 after (Direct).
- Option exercise/conversion: acquired 50,000 Class A Common Stock at $2.01 ($100,500) on October 1, 2026; holds 1,192,502 after (Direct).
- Option exercise/conversion: acquired 10,000 Class A Common Stock at $8.41 ($84,100) on October 1, 2026; holds 1,202,502 after (Direct).
- Option exercise/conversion: acquired 3,750 Class A Common Stock at $10.39 ($38,962) on October 1, 2026; holds 1,206,252 after (Direct).
- Open-market sale: disposed of 10,440 Class A Common Stock at $59.44 ($620,554) on October 1, 2026; holds 1,195,812 after (Direct).
- Open-market sale: disposed of 9,362 Class A Common Stock at $60.60 ($567,337) on October 1, 2026; holds 1,186,450 after (Direct).
- Open-market sale: disposed of 13,318 Class A Common Stock at $61.47 ($818,657) on October 1, 2026; holds 1,173,132 after (Direct).
- Open-market sale: disposed of 24,761 Class A Common Stock at $62.73 ($1,553,258) on October 1, 2026; holds 1,148,371 after (Direct).
- Open-market sale: disposed of 5,869 Class A Common Stock at $63.04 ($369,982) on October 1, 2026; holds 1,142,502 after (Direct).
- Option exercise/conversion: disposed of 50,000 Stock Options (Right to Buy) on October 1, 2026; holds 392,565 after (Direct).
- Option exercise/conversion: disposed of 10,000 Stock Options (Right to Buy) on October 1, 2026; holds 183,515 after (Direct).
- Option exercise/conversion: disposed of 3,750 Stock Options (Right to Buy) on October 1, 2026; holds 70,480 after (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $3,929,788 of stock under a pre-arranged Rule 10b5-1 plan, which is typically routine.
Insider Transactions
Mark W. Jenkins — Officer (Chief Financial Officer)
Transaction made under a Rule 10b5-1 trading plan.
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-10-01 | Tax/exercise-price withholding | Class A Common Stock | 7,016 | $63 | $442.3K | 1,142,502 |
| 2026-10-01 | Option exercise/conversion | Class A Common Stock | 50,000 | $2 | $100.5K | 1,192,502 |
| 2026-10-01 | Option exercise/conversion | Class A Common Stock | 10,000 | $8 | $84.1K | 1,202,502 |
| 2026-10-01 | Option exercise/conversion | Class A Common Stock | 3,750 | $10 | $39.0K | 1,206,252 |
| 2026-10-01 | Open-market sale | Class A Common Stock | 10,440 | $59 | $620.6K | 1,195,812 |
| 2026-10-01 | Open-market sale | Class A Common Stock | 9,362 | $61 | $567.3K | 1,186,450 |
| 2026-10-01 | Open-market sale | Class A Common Stock | 13,318 | $61 | $818.7K | 1,173,132 |
| 2026-10-01 | Open-market sale | Class A Common Stock | 24,761 | $63 | $1.6M | 1,148,371 |
| 2026-10-01 | Open-market sale | Class A Common Stock | 5,869 | $63 | $370.0K | 1,142,502 |
| 2026-10-01 | Option exercise/conversion | Stock Options (Right to Buy) | 50,000 | — | — | 392,565 |
| 2026-10-01 | Option exercise/conversion | Stock Options (Right to Buy) | 10,000 | — | — | 183,515 |
| 2026-10-01 | Option exercise/conversion | Stock Options (Right to Buy) | 3,750 | — | — | 70,480 |
Key Dates
| Date | Description |
|---|---|
| 2026-10-01 | Tax/exercise-price withholding (7,016 shares) |
| 2026-10-01 | Option exercise/conversion (50,000 shares) |
| 2026-10-01 | Option exercise/conversion (10,000 shares) |
| 2026-10-01 | Option exercise/conversion (3,750 shares) |
| 2026-10-01 | Open-market sale (10,440 shares) |
| 2026-10-01 | Open-market sale (9,362 shares) |
| 2026-10-01 | Open-market sale (13,318 shares) |
| 2026-10-01 | Open-market sale (24,761 shares) |
| 2026-10-01 | Open-market sale (5,869 shares) |
| 2026-10-01 | Option exercise/conversion (50,000 shares) |
| 2026-10-01 | Option exercise/conversion (10,000 shares) |
| 2026-10-01 | Option exercise/conversion (3,750 shares) |
Keywords
insider transaction, Form 4, CVNA, CARVANA CO., bearish, Mark W. Jenkins
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.