Form 4: Carvana Director Sells Shares
Insider Transaction (Form 4)
Ira J. Platt, a Director of Carvana Co., sold 30,000 shares of common stock on August 13, 2026.
Summary
- Option exercise/conversion: acquired 15,000 Class A Common Stock at $3.00 ($45,000) on August 13, 2026; holds 201,470 after (Direct).
- Open-market sale: disposed of 15,000 Class A Common Stock at $73.00 ($1,095,000) on August 13, 2026; holds 186,470 after (Direct).
- Option exercise/conversion: acquired 15,000 Class A Common Stock at $3.00 ($45,000) on August 14, 2026; holds 201,470 after (Direct).
- Open-market sale: disposed of 15,000 Class A Common Stock at $75.50 ($1,132,500) on August 14, 2026; holds 186,470 after (Direct).
- Option exercise/conversion: disposed of 15,000 Stock Options (Right to Buy) on August 13, 2026; holds 74,640 after (Direct).
- Option exercise/conversion: disposed of 15,000 Stock Options (Right to Buy) on August 14, 2026; holds 59,640 after (Direct).
Sentiment
Score: 3
Explanation: StockSavvy.ai views this as a mildly negative signal: an insider sold $2,227,500 of stock on the open market.
Insider Transactions
Ira J. Platt — Director
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-08-13 | Option exercise/conversion | Class A Common Stock | 15,000 | $3 | $45.0K | 201,470 |
| 2026-08-13 | Open-market sale | Class A Common Stock | 15,000 | $73 | $1.1M | 186,470 |
| 2026-08-14 | Option exercise/conversion | Class A Common Stock | 15,000 | $3 | $45.0K | 201,470 |
| 2026-08-14 | Open-market sale | Class A Common Stock | 15,000 | $76 | $1.1M | 186,470 |
| 2026-08-13 | Option exercise/conversion | Stock Options (Right to Buy) | 15,000 | — | — | 74,640 |
| 2026-08-14 | Option exercise/conversion | Stock Options (Right to Buy) | 15,000 | — | — | 59,640 |
Key Dates
| Date | Description |
|---|---|
| 2026-08-13 | Option exercise/conversion (15,000 shares) |
| 2026-08-13 | Open-market sale (15,000 shares) |
| 2026-08-14 | Option exercise/conversion (15,000 shares) |
| 2026-08-14 | Open-market sale (15,000 shares) |
| 2026-08-13 | Option exercise/conversion (15,000 shares) |
| 2026-08-14 | Option exercise/conversion (15,000 shares) |
Keywords
insider transaction, Form 4, CVNA, CARVANA CO., bearish, Ira J. Platt
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