CARVANA CO. — Director's Dealing 2026

Mar 3, 2026

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CARVANA CO. (CVNA)
CIK: 0001690820
Period of Report: 2026-03-01

Reporting Person: JENKINS MARK W. (Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2026-03-01	Class A Common Stock	F	1220	$334.16	Disposed	201597	Direct
2026-03-02	Class A Common Stock	M	10000	$10.07	Acquired	211597	Direct
2026-03-02	Class A Common Stock	M	2000	$42.03	Acquired	213597	Direct
2026-03-02	Class A Common Stock	M	750	$51.97	Acquired	214347	Direct
2026-03-02	Class A Common Stock	S	560	$318.35	Disposed	213787	Direct
2026-03-02	Class A Common Stock	S	485	$319.36	Disposed	213302	Direct
2026-03-02	Class A Common Stock	S	1040	$320.28	Disposed	212262	Direct
2026-03-02	Class A Common Stock	S	828	$321.23	Disposed	211434	Direct
2026-03-02	Class A Common Stock	S	2160	$322.42	Disposed	209274	Direct
2026-03-02	Class A Common Stock	S	1877	$323.37	Disposed	207397	Direct
2026-03-02	Class A Common Stock	S	4430	$324.65	Disposed	202967	Direct
2026-03-02	Class A Common Stock	S	850	$325.28	Disposed	202117	Direct
2026-03-02	Class A Common Stock	S	400	$326.48	Disposed	201717	Direct
2026-03-02	Class A Common Stock	S	120	$327.21	Disposed	201597	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2026-03-02	Stock Options (Right to Buy)	$10.07	M	10000	Disposed	2033-02-22	Class A Common Stock (10000)	Direct
2026-03-02	Stock Options (Right to Buy)	$42.03	M	2000	Disposed	2034-01-24	Class A Common Stock (2000)	Direct
2026-03-02	Stock Options (Right to Buy)	$51.97	M	750	Disposed	2034-02-13	Class A Common Stock (750)	Direct

Footnotes

F1: Represents total number of shares of Class A Common Stock of the Issuer withheld for taxes upon vesting of restricted stock units pursuant to various awards.

F2: The reported option exercises and sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 5, 2024.

F3: 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.

F4: This transaction was executed in multiple trades at prices ranging from $317.76 to $318.73 inclusive.

F5: This transaction was executed in multiple trades at prices ranging from $318.76 to $319.75, inclusive.

F6: This transaction was executed in multiple trades at prices ranging from $319.78 to $320.77, inclusive.

F7: This transaction was executed in multiple trades at prices ranging from $320.83 to $321.73, inclusive.

F8: This transaction was executed in multiple trades at prices ranging from $321.91 to $322.87 inclusive.

F9: This transaction was executed in multiple trades at prices ranging from $322.91 to $323.89 inclusive.

F10: This transaction was executed in multiple trades at prices ranging from $323.94 to $324.90, inclusive.

F11: This transaction was executed in multiple trades at prices ranging from $324.97 to $325.71, inclusive.

F12: This transaction was executed in multiple trades at prices ranging from $326.14 to $326.88, inclusive.

F13: This transaction was executed in multiple trades at prices ranging from $327.16 to $327.28 inclusive.

F14: 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 1, 2024 and monthly thereafter for the following three years, subject to the Reporting Person's continued service with the Issuer.

F15: 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 1, 2025 and monthly thereafter for the following three years, subject to the Reporting Person's continued service with the Issuer.