Carvana Co. Chief Product Officer Surrenders Shares for Tax Withholding
CARVANA CO.
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Filing Summary
### Form 4 Filing Alert: CARVANA CO. ($CVNA)
**Reporting Owner:** Daniel J. Gill (Chief Product Officer)
**Transaction Date:** September 1, 2026
**Filing Date:** September 3, 2026
**Transaction Details:**
• **Type:** Tax Withholding (Code F)
• **Shares:** 7,705 Class A Common Stock
• **Price:** $72.18
• **Total Value:** $556,146.90
• **Shares Retained:** 1,042,599
**Significance:** Low (Routine disposition of shares to satisfy tax withholding obligations upon RSU vesting)
Comprehensive Analysis
Executive Summary
On September 3, 2026, Carvana Co. ($CVNA) filed a Form 4 for Daniel J. Gill, the company's Chief Product Officer. The filing reports the disposition of 7,705 shares of Class A Common Stock on September 1, 2026, at an average price of $72.18 per share, representing a total value of approximately $556,146.90.
Nature of the Transaction
The transaction was executed under code F, which indicates shares withheld by the issuer to cover tax obligations triggered by the vesting of restricted stock units (RSUs). This is an administrative, non-discretionary transaction rather than an open-market insider sale.
Post-Transaction Holdings
Following this tax withholding, Daniel J. Gill continues to hold 1,042,599 shares of Carvana Co. Class A Common Stock directly.
Market & Trading Significance
The trading significance is Low. Automatic share withholdings for tax liabilities are standard practice upon equity grant vestings and do not signal executive sentiment regarding future stock performance.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
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