Form 4: Carvana President Sells Shares
Insider Transaction (Form 4)
Stephen R Palmer, Vice President of Accounting of Carvana Co., sold 5,000 shares of common stock on October 1, 2026.
Summary
- Tax/exercise-price withholding: disposed of 3,021 Class A Common Stock at $63.04 ($190,444) on October 1, 2026; holds 125,865 after (Direct).
- Open-market sale: disposed of 920 Class A Common Stock at $59.48 ($54,722) on October 1, 2026; holds 124,945 after (Direct).
- Open-market sale: disposed of 840 Class A Common Stock at $60.75 ($51,030) on October 1, 2026; holds 124,105 after (Direct).
- Open-market sale: disposed of 920 Class A Common Stock at $61.64 ($56,709) on October 1, 2026; holds 123,185 after (Direct).
- Open-market sale: disposed of 2,320 Class A Common Stock at $62.82 ($145,742) on October 1, 2026; holds 120,865 after (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $308,203 of stock under a pre-arranged Rule 10b5-1 plan, which is typically routine.
Insider Transactions
Stephen R Palmer — Officer (Vice President of Accounting)
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 | 3,021 | $63 | $190.4K | 125,865 |
| 2026-10-01 | Open-market sale | Class A Common Stock | 920 | $59 | $54.7K | 124,945 |
| 2026-10-01 | Open-market sale | Class A Common Stock | 840 | $61 | $51.0K | 124,105 |
| 2026-10-01 | Open-market sale | Class A Common Stock | 920 | $62 | $56.7K | 123,185 |
| 2026-10-01 | Open-market sale | Class A Common Stock | 2,320 | $63 | $145.7K | 120,865 |
Key Dates
| Date | Description |
|---|---|
| 2026-10-01 | Tax/exercise-price withholding (3,021 shares) |
| 2026-10-01 | Open-market sale (920 shares) |
| 2026-10-01 | Open-market sale (840 shares) |
| 2026-10-01 | Open-market sale (920 shares) |
| 2026-10-01 | Open-market sale (2,320 shares) |
Keywords
insider transaction, Form 4, CVNA, CARVANA CO., bearish, Stephen R Palmer
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