Carvana Co. VP & General Counsel Paul W. Breaux Disposes Shares for Tax Withholding

Carvana Co. ($CVNA) Insider Transaction Analysis

Executive Summary

On October 1, 2026, Paul W. Breaux, Vice President, General Counsel, Secretary, and Chief Compliance Officer of Carvana Co., surrendered 4,453 shares of Class A Common Stock at a price of $63.04 per share, amounting to an aggregate transaction value of $280,717.12.

Nature of Transaction

The transaction was categorized under transaction code F, signifying that the shares were withheld by the issuer to cover statutory tax liabilities resulting from the vesting of restricted stock units (RSUs). This is an automated, mandatory tax-withholding disposition rather than a discretionary open-market sale.

Holdings and Impact

• Shares Disposed: 4,453
• Post-Transaction Direct Beneficial Ownership: 422,030 shares
• Percentage Change: The withheld shares represent approximately 1.04% of the reporting owner's pre-transaction holding, leaving a substantial remaining stake intact.

Market Significance

This filing represents a routine, non-discretionary tax withholding event tied to executive equity compensation vesting schedules. Consequently, it carries low predictive signal for investor sentiment or underlying corporate fundamentals.