Carvana CFO Mark Jenkins Files Form 144 to Sell $3.99M in Common Stock

Executive Summary

On October 1, 2026, Mark Jenkins, Officer (Chief Financial Officer) of Carvana Co. ($CVNA), filed Form 144 indicating a proposed sale of 63,750 shares of Class A Common Stock with an estimated aggregate market value of $3,986,925.00 (~$62.54 per share).

Transaction Details

• Securities to be Sold: 63,750 shares of Common Stock.
• Origin of Shares: Acquired on October 1, 2026, through the exercise of stock options paid in cash directly from the issuer.
• Broker: Morgan Stanley Smith Barney LLC Executive Financial Services.
• Trading Plan: Executed pursuant to a Rule 10b5-1 trading plan adopted on August 5, 2024.

Prior Sales Context

Within the past three months, Mark Jenkins reported two prior sales of identical share amounts under the same Rule 10b5-1 plan:

• September 1, 2026: 63,750 shares for gross proceeds of $4,561,498.25.
• August 3, 2026: 63,750 shares for gross proceeds of $4,111,833.38.

Significance & Market Impact

Because these transactions represent recurring, scheduled option exercises and sales under a pre-established Rule 10b5-1 plan adopted over two years earlier, the signal to the market is standard programmatic diversification rather than a discretionary sentiment-driven liquidation.